NYSE:IT - Gartner Stock Price, Forecast & News

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

Gartner Inc (NYSE:IT) released its quarterly earnings data on Thursday, October, 31st. The information technology services provider reported $0.70 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.43 by $0.27. The information technology services provider had revenue of $1 billion for the quarter, compared to analysts' expectations of $992.84 million. Gartner had a net margin of 6.04% and a return on equity of 40.06%. The company's revenue for the quarter was up 8.6% compared to the same quarter last year. During the same quarter last year, the business posted $0.85 earnings per share. View Gartner's Earnings History.

Gartner is scheduled to release their next quarterly earnings announcement on Tuesday, February 4th 2020. View Earnings Estimates for Gartner.

Gartner issued an update on its FY19 earnings guidance on Thursday, October, 31st. The company provided earnings per share (EPS) guidance of $3.39-3.64 for the period, compared to the Thomson Reuters consensus estimate of $3.55. The company issued revenue guidance of $4.22-4.26 billion, compared to the consensus revenue estimate of $4.24 billion.

7 brokerages have issued twelve-month target prices for Gartner's stock. Their forecasts range from $142.00 to $178.00. On average, they anticipate Gartner's share price to reach $156.86 in the next year. This suggests that the stock has a possible downside of 2.7%. View Analyst Price Targets for Gartner.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Gartner in the last year. There are currently 5 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Gartner.

News headlines about IT stock have trended positive recently, according to InfoTrie. The research firm scores the sentiment of news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Gartner earned a media sentiment score of 2.2 on InfoTrie's scale. They also gave media headlines about the information technology services provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near future. View News Stories for Gartner.

Gartner saw a drop in short interest in the month of December. As of December 31st, there was short interest totalling 1,830,000 shares, a drop of 17.6% from the December 15th total of 2,220,000 shares. Based on an average trading volume of 490,400 shares, the days-to-cover ratio is presently 3.7 days. Approximately 2.1% of the company's shares are short sold. View Gartner's Current Options Chain.

Some companies that are related to Gartner include Accenture (ACN), IBM (IBM), Cognizant Technology Solutions (CTSH), Leidos (LDOS), EPAM Systems (EPAM), Booz Allen Hamilton (BAH), Amdocs (DOX), Caci International (CACI), Mantech International (MANT), Teradata (TDC), Virtusa (VRTU), Forrester Research (FORR), Unisys (UIS), The Hackett Group (HCKT) and Servicesource International (SREV).

Based on aggregate information from My MarketBeat watchlists, some companies that other Gartner investors own include NVIDIA (NVDA), Adobe (ADBE), Netflix (NFLX), Starbucks (SBUX), Boeing (BA), Home Depot (HD), Intel (INTC), Micron Technology (MU), Alibaba Group (BABA) and Mastercard (MA).

Gartner's stock is owned by a number of of retail and institutional investors. Top institutional investors include Peregrine Capital Management LLC (0.15%), Assenagon Asset Management S.A. (0.10%), Calamos Advisors LLC (0.05%), State of Alaska Department of Revenue (0.03%), Canandaigua National Bank & Trust Co. (0.01%) and YorkBridge Wealth Partners LLC (0.01%). Company insiders that own Gartner stock include Alwyn Dawkins, Anne Sutherland Fuchs, Craig Safian, David K Mcveigh, Eugene A Hall, Joseph P Beck, Karen E Dykstra, Michael Patrick Diliberto, Mr Thomas Christopher, Peter Sondergaard, Robin B Kranich and Scott Hensel. View Institutional Ownership Trends for Gartner.

IT stock was sold by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, Meag Munich Ergo Kapitalanlagegesellschaft MBH, Calamos Advisors LLC, IFM Investors Pty Ltd, Canandaigua National Bank & Trust Co. and Louisiana State Employees Retirement System. Company insiders that have sold Gartner company stock in the last year include Alwyn Dawkins, Anne Sutherland Fuchs, Craig Safian, David K Mcveigh, Eugene A Hall, Joseph P Beck, Karen E Dykstra, Michael Patrick Diliberto, Mr Thomas Christopher, Robin B Kranich and Scott Hensel. View Insider Buying and Selling for Gartner.

IT stock was acquired by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Steward Partners Investment Advisory LLC, Sciencast Management LP, Zeke Capital Advisors LLC, Commerzbank Aktiengesellschaft FI, Peregrine Capital Management LLC, Allred Capital Management LLC and Legacy Private Trust Co.. View Insider Buying and Selling for 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, Robinhood, Fidelity and Charles Schwab.

One share of IT stock can currently be purchased for approximately $161.17.

Gartner has a market capitalization of $14.42 billion and generates $3.98 billion in revenue each year. The information technology services provider earns $122.46 million in net income (profit) each year or $3.79 on an earnings per share basis. Gartner employs 15,173 workers across the globe.View Additional Information About Gartner.

The official website for Gartner is http://www.gartner.com/.

Gartner's mailing address is 56 TOP GALLANT RD P O BOX 10212, STAMFORD CT, 06902. The information technology services provider can be reached via phone at 203-316-1111 or via email at [email protected]