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Gartner Stock Price, News & Analysis (NYSE:IT)

$144.77
-0.91 (-0.62 %)
(As of 10/18/2019 02:21 AM ET)
Today's Range
$143.78
Now: $144.77
$146.00
50-Day Range
$130.71
MA: $139.76
$145.75
52-Week Range
$120.89
Now: $144.77
$171.77
Volume385,700 shs
Average Volume484,414 shs
Market Capitalization$13.05 billion
P/E Ratio38.20
Dividend YieldN/A
Beta1.24
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. Read More…

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$6.93 per share
Book Value$9.48 per share

Profitability

Net Income$122.46 million

Miscellaneous

Employees15,173
Market Cap$13.05 billion
Next Earnings Date11/7/2019 (Estimated)
OptionableOptionable

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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 quarterly earnings results on Tuesday, July, 30th. The information technology services provider reported $1.45 earnings per share for the quarter, topping the Zacks' consensus estimate of $1.18 by $0.27. The information technology services provider had revenue of $1.07 billion for the quarter, compared to analysts' expectations of $1.07 billion. Gartner had a return on equity of 41.29% and a net margin of 5.43%. Gartner's revenue was up 7.0% on a year-over-year basis. During the same quarter last year, the business posted $1.03 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 7th 2019. View Earnings Estimates for Gartner.

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

Gartner issued an update on its FY19 earnings guidance on Tuesday, July, 30th. The company provided EPS guidance of $3.39-3.64 for the period, compared to the Thomson Reuters consensus estimate of $3.95. The company issued revenue guidance of $4.22-4.26 billion, compared to the consensus revenue estimate of $4.26 billion.

What price target have analysts set for IT?

6 brokers have issued 1-year price targets for Gartner's shares. Their predictions range from $142.00 to $156.00. On average, they anticipate Gartner's stock price to reach $151.00 in the next year. This suggests a possible upside of 4.3% from the stock's current price. View Analyst Price Targets for Gartner.

What is the consensus analysts' recommendation for Gartner?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Gartner in the last year. There are currently 1 sell rating, 3 hold ratings and 2 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. According to Zacks Investment Research, "Gartner’s reported strong first-quarter 2019 results beating the Zacks Consensus Estimate on both earnings and revenues. The company offers timely, high quality, independent, objective and comprehensive analysis. Its research reports have become indispensable tools for various companies across different sectors, strengthening its leading position in the market. It has a large and diverse addressable market with low customer concentration that mitigates operating risks. On the flip side, Gartner continues to face stiff competition from other players in the market, which is characterized by limited barriers to entry. Revenues from the federal government business are exposed to lengthy approval times and other austerity measures, which often increase operating risks. The stock has outperformed its industry over the past year." (5/9/2019)
  • 2. 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)

Has Gartner been receiving favorable news coverage?

News coverage about IT stock has been trending somewhat negative this week, according to InfoTrie Sentiment Analysis. InfoTrie rates the sentiment of news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Gartner earned a news sentiment score of -1.9 on InfoTrie's scale. They also gave news stories about the information technology services provider a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the company's share price in the near future. View News Stories for Gartner.

Are investors shorting Gartner?

Gartner saw a increase in short interest in the month of September. As of September 15th, there was short interest totalling 3,540,000 shares, an increase of 18.0% from the August 15th total of 3,000,000 shares. Based on an average daily trading volume, of 495,000 shares, the short-interest ratio is presently 7.2 days. Approximately 4.1% of the company's shares are short sold. View Gartner's Current Options Chain.

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), Netflix (NFLX), Starbucks (SBUX), Boeing (BA), Adobe (ADBE), Micron Technology (MU), Intel (INTC), Alibaba Group (BABA), Home Depot (HD) and Mastercard (MA).

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 Global Bus. Sales (Age 52)
  • Ms. Robin B. Kranich, Exec. VP of HR (Age 48)
  • Mr. Alwyn Dawkins, Exec. VP of Conferences (Age 53)

Who are Gartner's major shareholders?

Gartner's stock is owned by many different of retail and institutional investors. Top institutional shareholders include CIBC Private Wealth Group LLC (0.54%), Envestnet Asset Management Inc. (0.19%), Peregrine Capital Management LLC (0.15%), State of Alaska Department of Revenue (0.05%), Liberty Capital Management Inc. (0.03%) and Nisa Investment Advisors LLC (0.01%). Company insiders that own Gartner stock include Alwyn Dawkins, Anne Sutherland Fuchs, Craig Safian, Eugene A Hall, Joseph P Beck, Karen E Dykstra, Michael Patrick Diliberto, 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 CIBC Private Wealth Group LLC, Spence Asset Management, Nisa Investment Advisors LLC, Crossmark Global Holdings Inc., Capital Insight Partners LLC and Intellectus Partners LLC. Company insiders that have sold Gartner company stock in the last year include Alwyn Dawkins, Anne Sutherland Fuchs, Craig Safian, Eugene A Hall, Joseph P Beck, Karen E Dykstra, Michael Patrick Diliberto, 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 Peregrine Capital Management LLC, State of Alaska Department of Revenue, Envestnet Asset Management Inc., DNB Asset Management AS, Summit Creek Advisors LLC, Commerzbank Aktiengesellschaft FI, Alpine Group USVI LLC and Alpine Group USVI 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, Robinhood, Fidelity and Charles Schwab.

What is Gartner's stock price today?

One share of IT stock can currently be purchased for approximately $144.77.

How big of a company is Gartner?

Gartner has a market capitalization of $13.05 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.

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:  367 (Vote Outperform)
Underperform Votes:  467 (Vote Underperform)
Total Votes:  834
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 10/18/2019 by MarketBeat.com Staff

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