Gartner Company Profile (NYSE:IT)

Gartner trades on the New York Stock Exchange (NYSE) under the ticker symbol "IT."

Gartner, Inc. (NYSE:IT) released its quarterly earnings results on Tuesday, August, 8th. The company reported $0.88 EPS for the quarter, topping the consensus estimate of $0.83 by $0.05. The business earned $843.73 million during the quarter, compared to analyst estimates of $892.64 million. Gartner had a net margin of 1.50% and a return on equity of 103.10%. The company's quarterly revenue was up 38.3% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.75 earnings per share. View Gartner's Earnings History.

Gartner issued an update on its FY17 earnings guidance on Tuesday, August, 8th. The company provided earnings per share (EPS) guidance of $3.32-3.49 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.48.

9 brokers have issued 12-month price targets for Gartner's stock. Their forecasts range from $105.00 to $142.00. On average, they expect Gartner's stock price to reach $124.63 in the next year. View Analyst Ratings for Gartner.

Here are some recent quotes from research analysts about Gartner stock:

• 1. According to Zacks Investment Research, "Gartner reported strong second-quarter 2017 results with double-digit growth in revenues and total contract value. With a diligent execution of operational plans, Gartner has recorded double-digit growth in key metrics for over a decade. The company has a vast, untapped market opportunity worth an estimated $61 billion. The acquisition of CEB further reinforces Gartner’s market strength and is likely to be accretive in the future. The company has also outperformed the industry year to date. However, Gartner has to continually invest in value drivers to fend off competition that increase its operating costs and contract margins. Some of its services are cyclically sensitive. In addition, revenue from the federal government business is exposed to lengthy approval times and other austerity measures, which often increase operating risks and undermine the long-term growth potential of the company to some extent." (8/11/2017)
• 2. Cantor Fitzgerald analysts commented, "Foresi’s Take. Gartner turned in quarterly results above expectations as the Core Research segment had a nice showing in the period. Gartner raised 2017 guidance including expectations for the newly acquired CEB. Commentary regarding the CEB purchase was positive, with Gartner believing it has the ability to accelerate CEB growth rates to low double-digits by 2020." (5/8/2017)

Gartner saw a increase in short interest in August. As of August 31st, there was short interest totalling 2,403,124 shares, an increase of 44.4% from the August 15th total of 1,664,555 shares. Based on an average daily volume of 530,061 shares, the days-to-cover ratio is presently 4.5 days. Currently, 2.7% of the shares of the stock are sold short.

Some companies that are related to Gartner include CGI Group (GIB), Palo Alto Networks (PANW), Total System Services (TSS), VeriSign (VRSN), CDW Corporation (CDW), Amdocs Limited (DOX), Akamai Technologies (AKAM), Jack Henry & Associates (JKHY), F5 Networks (FFIV), GoDaddy (GDDY), Fortinet (FTNT), Black Knight Financial Services (BKFS), LogMein (LOGM), Booz Allen Hamilton Holding Corporation (BAH), CSRA (CSRA), Aspen Technology (AZPN), Medidata Solutions (MDSO) and NCR Corporation (NCR).

Gartner's management team includes the folowing people:

• James C. Smith, Independent Chairman of the Board
• Eugene A. Hall, Chief Executive Officer, Director
• Craig W. Safian, Chief Financial Officer, Senior Vice President
• Mike Diliberto, Senior Vice President, Chief Information Officer
• Daniel S. Peale, Senior Vice President, General Counsel, Corporate Secretary
• David Phillip Godfrey, Senior Vice President - Worldwide Sales
• Robin B. Kranich, Senior Vice President - Human Resources
• Kendall B. Davis, Senior Vice President - Business and IT Leaders Products & Services
• Alwyn Dawkins, Senior Vice President - Worldwide Events & Marketing
• David K. McVeigh, Senior Vice President - New Markets Programs

Gartner's stock is owned by a number of of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (9.60%), Bamco Inc. NY (7.79%), BlackRock Inc. (6.83%), Janus Henderson Group PLC (4.72%), Polen Capital Management LLC (4.39%) and State Street Corp (3.96%). Company insiders that own Gartner stock include Alwyn Dawkins, Anne Sutherland Fuchs, Craig Safian, David Godfrey, Eugene A Hall, Karen E Dykstra, Mr Thomas Christopher, Per Anders Waern, Peter Sondergaard and Robin B Kranich. View Institutional Ownership Trends for Gartner.

Gartner's stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Bank of New York Mellon Corp, Principal Financial Group Inc., Renaissance Technologies LLC, Nationwide Fund Advisors, Balyasny Asset Management LLC, Ameriprise Financial Inc. and Swiss National Bank. Company insiders that have sold Gartner stock in the last year include Alwyn Dawkins, Anne Sutherland Fuchs, David Godfrey, Eugene A Hall, Karen E Dykstra, Per Anders Waern, Peter Sondergaard and Robin B Kranich. View Insider Buying and Selling for Gartner.

Gartner's stock was bought by a variety of institutional investors in the last quarter, including Janus Henderson Group PLC, Vanguard Group Inc., State Street Corp, Artisan Partners Limited Partnership, Alliancebernstein L.P., OZ Management LP, TIAA CREF Investment Management LLC and Burgundy Asset Management Ltd.. View Insider Buying and Selling for Gartner.

Shares of Gartner can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Gartner stock can currently be purchased for approximately $124.42.