NYSE:IT - Gartner Stock Price, News, & Analysis

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$143.12 +1.77 (+1.25 %)
(As of 08/19/2018 03:15 PM ET)
Previous Close$143.12
Today's Range$140.82 - $143.31
52-Week Range$111.57 - $143.31
Volume518,624 shs
Average Volume664,157 shs
Market Capitalization$12.74 billion
P/E Ratio43.24
Dividend YieldN/A
Beta1.16
Gartner logoGartner, Inc. operates as a research and advisory company. It operates through four segments: Research, Consulting, Events, and Talent Assessment & Other. The Research segment offers objective insights and advice on the priorities of various leaders in a range of functional areas of the enterprise through research and other reports, briefings, proprietary tools, access to our analysts, peer networking services, and membership programs that enable clients to make better decisions; and practice and talent management research insights in various business functions, such as human resources, sales, legal, and finance. This segment delivers its research, primarily through a subscription-based digital media service. The Consulting segment offers customized solutions to client needs through on-site and day-to-day support, as well as proprietary tools for measuring and improving IT performance. This segment provides solutions to CIOs, IT executives, and other professionals who are responsible for IT applications, enterprise architecture, go-to-market strategies, infrastructure and operations, program and portfolio management, and sourcing and vendor relationships; consulting services to professionals; and actionable solutions for IT cost optimization, technology modernization, and IT sourcing optimization initiatives. The Events segment offers business professionals in an organization the opportunity to learn, share, and network various events. The Talent Assessment & Other segment helps organizations to assess, engage, manage, and improve talent through knowledge and skills assessments, training programs, workshops, and survey and questionnaire services. The company has operations in the United States, Canada, Europe, the Middle East, Africa, and internationally. Gartner, Inc. was founded in 1979 and is headquartered in Stamford, Connecticut.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Management services
Sub-IndustryIT Consulting & Other Services
SectorBusiness Services
SymbolNYSE:IT
CUSIP36665110
Phone203-316-1111

Debt

Debt-to-Equity Ratio2.33
Current Ratio0.64
Quick Ratio0.64

Price-To-Earnings

Trailing P/E Ratio43.24
Forward P/E Ratio38.27
P/E Growth2.59

Sales & Book Value

Annual Sales$3.31 billion
Price / Sales3.93
Cash Flow$6.2091 per share
Price / Cash23.05
Book Value$10.83 per share
Price / Book13.22

Profitability

EPS (Most Recent Fiscal Year)$3.31
Net Income$3.27 million
Net Margins2.25%
Return on Equity35.04%
Return on Assets4.81%

Miscellaneous

Employees15,131
Outstanding Shares90,820,000
Market Cap$12.74 billion

Gartner (NYSE:IT) Frequently Asked Questions

What is Gartner's stock symbol?

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

How were Gartner's earnings last quarter?

Gartner Inc (NYSE:IT) issued its earnings results on Wednesday, August, 1st. The information technology services provider reported $1.03 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.96 by $0.07. The information technology services provider earned $1 billion during the quarter, compared to analysts' expectations of $985.98 million. Gartner had a return on equity of 35.04% and a net margin of 2.25%. The firm's quarterly revenue was up 18.7% on a year-over-year basis. During the same period in the prior year, the business earned $0.88 EPS. View Gartner's Earnings History.

When is Gartner's next earnings date?

Gartner is scheduled to release their next quarterly earnings announcement on Thursday, November, 1st 2018. View Earnings Estimates for Gartner.

What guidance has Gartner issued on next quarter's earnings?

Gartner issued an update on its FY18 earnings guidance on Wednesday, August, 1st. The company provided EPS guidance of $3.51-3.91 for the period, compared to the Thomson Reuters consensus estimate of $3.75. The company issued revenue guidance of $3.93-4.035 billion, compared to the consensus revenue estimate of $3.96 billion.

What price target have analysts set for IT?

10 brokerages have issued 12 month price objectives for Gartner's shares. Their forecasts range from $116.00 to $155.00. On average, they expect Gartner's share price to reach $140.30 in the next twelve months. This suggests that the stock has a possible downside of 2.0%. View Analyst Price Targets for Gartner.

What is the consensus analysts' recommendation for Gartner?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Gartner in the last year. There are currently 3 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Gartner.

What are Wall Street analysts saying about Gartner stock?

Here are some recent quotes from research analysts about Gartner stock:
  • 1. According to Zacks Investment Research, "Gartner reported strong first-quarter 2018 results with revenues and earnings surpassing the Zacks Consensus Estimate. The topline growth was driven by strength across research, consulting and events segments. Gartner offers timely, comprehensive analysis that is known for its quality, independence and objectivity. The company’s research reports have become indispensable tools for diverse companies across different sectors, strengthening its leading position in the market. On the flipside, Gartner continues to face stiff competition from other players in the market that is characterized by limited barriers to entry. Since a significant portion of Gartner’s revenues is generated from operations outside the United States, the company remains susceptible to foreign currency fluctuations. The stock has underperformed the industry in the past one year." (5/14/2018)
  • 2. Cantor Fitzgerald analysts commented, "4Q17 revenues top estimates. Total revenue was $1,064.6 mn (+13% organic cc) vs. our estimate of $1,045.4 mn and the $1,043.3 mn FactSet consensus. Research revenue was $731.5 mn vs. our estimate of $716.9 mn (+17% organic cc). Consulting revenue was $85.3 mn vs. our estimate of $85.9 mn (+3% y/y organic cc). Events revenue was $168.7 mn vs. our estimate of $167.8 mn (+5% organic cc). New Talent Assessment & Other segment revenues were $79.1 mn vs. our estimate of $74.8 mn. The deferred revenue fair value assessment was $50.1 mn vs. our estimate of $48.0 mn. Non-GAAP EPS was $1.17, vs. our estimate of $1.32 and consensus of the same. The earnings miss looks to be driven by higher than expected SG&A expenses. Performance table is on p. 2." (2/6/2018)

Who are some of Gartner's key competitors?

Who are Gartner's key executives?

Gartner's management team includes the folowing people:
  • Mr. Eugene A. Hall, CEO & Director (Age 61)
  • Mr. Craig W. Safian, Exec. VP & CFO (Age 49)
  • Mr. Peter Sondergaard, Exec. VP of Research & Advisory (Age 53)
  • Mr. Alwyn Dawkins, Exec. VP of Worldwide Events & Marketing (Age 52)
  • Mr. David K. McVeigh, Exec. VP of New Market Programs (Age 51)

Has Gartner been receiving favorable news coverage?

Media headlines about IT stock have trended somewhat positive on Sunday, Accern Sentiment Analysis reports. Accern identifies positive and negative media coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Gartner earned a media and rumor sentiment score of 0.11 on Accern's scale. They also gave news articles about the information technology services provider an impact score of 46.87 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the next few days. View Recent Headlines for Gartner.

Who are Gartner's major shareholders?

Gartner's stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (6.48%), Polen Capital Management LLC (6.01%), Janus Henderson Group PLC (5.74%), Select Equity Group L.P. (5.37%), Wells Fargo & Company MN (1.63%) and Bank of America Corp DE (1.51%). 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.

Which major investors are selling Gartner stock?

IT stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Macquarie Group Ltd., Select Equity Group L.P., Legal & General Group Plc, Aristotle Capital Boston LLC, Sei Investments Co., Great West Life Assurance Co. Can and California Public Employees Retirement System. Company insiders that have sold Gartner company stock in the last year include Alwyn Dawkins, Anne Sutherland Fuchs, Craig Safian, Eugene A Hall, Karen E Dykstra, Mr Thomas Christopher, Peter Sondergaard and Robin B Kranich. View Insider Buying and Selling for Gartner.

Which major investors are buying Gartner stock?

IT stock was acquired by a variety of institutional investors in the last quarter, including Bank of America Corp DE, Janus Henderson Group PLC, Polen Capital Management LLC, FMR LLC, SG Americas Securities LLC, First Trust Advisors LP, Brown Advisory Inc. and Schwab Charles Investment Management Inc.. View Insider Buying and Selling for Gartner.

How do I buy shares of Gartner?

Shares of IT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Gartner's stock price today?

One share of IT stock can currently be purchased for approximately $143.12.

How big of a company is Gartner?

Gartner has a market capitalization of $12.74 billion and generates $3.31 billion in revenue each year. The information technology services provider earns $3.27 million in net income (profit) each year or $3.31 on an earnings per share basis. Gartner employs 15,131 workers across the globe.

How can I contact Gartner?

Gartner's mailing address is 56 TOP GALLANT ROAD P O BOX 10212, STAMFORD CT, 06904. The information technology services provider can be reached via phone at 203-316-1111 or via email at [email protected]


MarketBeat Community Rating for Gartner (NYSE IT)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  319 (Vote Outperform)
Underperform Votes:  405 (Vote Underperform)
Total Votes:  724
MarketBeat's community ratings are surveys of what our community members think about Gartner and other stocks. Vote "Outperform" if you believe IT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe IT will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 8/19/2018 by MarketBeat.com Staff

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