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 analysts' consensus estimates of $0.83 by $0.05. The business had revenue of $843.73 million for 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%. Gartner's revenue for the quarter was up 38.3% compared to the same quarter last year. During the same period last year, the firm earned $0.75 earnings per share. View Gartner's Earnings History.

Gartner is scheduled to release their next quarterly earnings announcement on Thursday, November, 2nd 2017. View Earnings Estimates for Gartner.

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

9 analysts have issued 1-year price targets for Gartner's stock. Their predictions range from $105.00 to $142.00. On average, they anticipate Gartner's stock price to reach $125.25 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 offers timely, thought-provoking and comprehensive analysis that is known for its high quality, independence and objectivity. This unbiased, pragmatic and actionable insight can help organizations to effectively save thousands of dollars through in-depth research. 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. Gartner has a large and diverse addressable market with low customer concentration that mitigates operating risks. The company has also outperformed the industry year to date. However, revenue from the federal government business is exposed to lengthy approval times and other austerity measures, which undermine the long-term growth potential to some extent." (10/16/2017)
• 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 the month of 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 short-interest ratio is currently 4.5 days. Approximately 2.7% of the company's stock are short sold.

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), Fortinet (FTNT), LogMein (LOGM), Booz Allen Hamilton Holding Corporation (BAH), CSRA (CSRA), GoDaddy (GDDY), EPAM Systems (EPAM), 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

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 $122.18.