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

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$146.45 -0.66 (-0.45 %)
(As of 03/20/2019 04:00 PM ET)
Previous Close$147.11
Today's Range$144.91 - $147.57
52-Week Range$114.40 - $161.21
Volume287,102 shs
Average Volume610,039 shs
Market Capitalization$13.14 billion
P/E Ratio38.64
Dividend YieldN/A
Beta1.31
Gartner, Inc. operates as a research and advisory company. It operates through three segments: Research, Conferences, and Consulting. 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 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 Conferences segment offers business professionals in an organization the opportunity to learn, share, and network various events. 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 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

Industry Management services
Sub-IndustryIT Consulting & Other Services
SectorBusiness Services
CUSIP36665110
Phone203-316-1111

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$3.98 billion
Cash Flow$6.8595 per share
Book Value$9.48 per share

Profitability

Net Income$122.46 million

Miscellaneous

Employees15,173
Market Cap$13.14 billion
Next Earnings Date5/14/2019 (Estimated)
OptionableOptionable

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) released its earnings results on Tuesday, February, 5th. The information technology services provider reported $1.20 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $1.25 by $0.05. The information technology services provider earned $1.09 billion during the quarter, compared to the consensus estimate of $1.10 billion. Gartner had a net margin of 3.08% and a return on equity of 37.74%. The company's revenue was up 7.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.17 EPS. View Gartner's Earnings History.

When is Gartner's next earnings date?

Gartner is scheduled to release their next quarterly earnings announcement on Tuesday, May 14th 2019. View Earnings Estimates for Gartner.

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

Gartner updated its FY19 earnings guidance on Tuesday, February, 5th. The company provided earnings per share (EPS) guidance of $3.82-4.19 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $4.19. The company issued revenue guidance of $4.22-4.32 billion, compared to the consensus revenue estimate of $4.32 billion.Gartner also updated its FY 2019 guidance to $3.82-4.19 EPS.

What price target have analysts set for IT?

9 Wall Street analysts have issued 12 month price targets for Gartner's shares. Their predictions range from $116.00 to $156.00. On average, they anticipate Gartner's share price to reach $142.8111 in the next year. This suggests that the stock has a possible downside of 2.5%. View Analyst Price Targets for Gartner.

What is the consensus analysts' recommendation for Gartner?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Gartner in the last year. There are currently 1 sell rating, 4 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." 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. Cantor Fitzgerald analysts commented, ": We maintain our Neutral rating and PT of $141 on Gartner after attending its analyst day. The focus of the day was on Gartner’s ability to accelerate growth in its GxL (GBS) business and to improve margins while doing so, which we believe is crucial to maintaining its current valuation. Gartner continues to believe it can run its playbook in GxL, resulting in accelerated growth. The GTS, or IT research business, continues to be a crown jewel for the company." (2/14/2019)
  • 2. 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)

Has Gartner been receiving favorable news coverage?

Media stories about IT stock have been trending somewhat positive this week, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public 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 1.3 on InfoTrie's scale. They also assigned news headlines about the information technology services provider a news buzz of 5.0 out of 10, indicating that recent news coverage is somewhat likely to have an effect on the company's share price in the near term.

Who are some of Gartner's key competitors?

What other stocks do shareholders of Gartner own?

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

Who are Gartner's key executives?

Gartner's management team includes the folowing people:
  • Mr. Eugene A. Hall, CEO & Director (Age 62)
  • Mr. Craig W. Safian, Exec. VP & CFO (Age 50)
  • Mr. David Keith McVeigh, Exec. VP of Marketing (Age 52)
  • Mr. Alwyn Dawkins, Exec. VP of Conferences (Age 53)
  • Mr. Peter Genovese, Sr. Director of Sales Strategy & Operations

Who are Gartner's major shareholders?

Gartner's stock is owned by many different of retail and institutional investors. Top institutional investors include Lunia Capital LP (18.31%), BlackRock Inc. (6.89%), Principal Financial Group Inc. (5.04%), Polen Capital Management LLC (4.95%), Harris Associates L P (2.10%) and Atlanta Capital Management Co. L L C (1.81%). 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, 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 Polen Capital Management LLC, Bank of America Corp DE, Atlanta Capital Management Co. L L C, Principal Financial Group Inc., Frontier Capital Management Co. LLC, 1832 Asset Management L.P., Westfield Capital Management Co. LP and Bank of New York Mellon Corp. Company insiders that have sold Gartner company stock in the last year include Alwyn Dawkins, Craig Safian, Eugene A Hall, Karen E Dykstra, Mr Thomas Christopher and Robin B Kranich. View Insider Buying and Selling for Gartner.

Which major investors are buying Gartner stock?

IT stock was purchased by a variety of institutional investors in the last quarter, including Lunia Capital LP, Norges Bank, BlackRock Inc., KAMES CAPITAL plc, FMR LLC, First Trust Advisors LP, Geode Capital Management LLC and Squarepoint Ops LLC. 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 $146.45.

How big of a company is Gartner?

Gartner has a market capitalization of $13.14 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.

What is Gartner's official website?

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

How can I contact Gartner?

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]


MarketBeat Community Rating for Gartner (NYSE IT)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  340 (Vote Outperform)
Underperform Votes:  435 (Vote Underperform)
Total Votes:  775
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 3/20/2019 by MarketBeat.com Staff

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