Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
Gartner (IT)
NYSE:IT
Holding IT?
Track your performance easily
IT Stock Chart & Stats
Day’s Range― - ―
52-Week Range$411.15 - $559.00
Previous CloseN/A
Volume69.41K
Average Volume (3M)415.70K
Market Cap
$39.50B
Enterprise Value$40.75B
Total Cash (Recent Filing)$474.23M
Total Debt (Recent Filing)$702.43M
Price to Earnings (P/E)37.8
Beta1.28
Next Earnings
Feb 11, 2025EPS Estimate
3.26Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)13.56
Shares Outstanding77,134,280
10 Day Avg. Volume416,791
30 Day Avg. Volume415,703
Standard Deviation0.10
R-Squared0.51
Alpha0.00870
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)6.40
Price to Cash Flow (P/CF)16.60
P/FCF Ratio17.40
Enterprise Value/Market Cap1.03
Enterprise Value/Revenue6.64
Enterprise Value/Gross Profit10.18
Enterprise Value/Ebitda24.76
Forecast
1Y Price Target
$552.57Price Target Upside7.91% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering7
Gartner News
Bulls Say, Bears Say
Bulls Say
Financial Performance2024 guidance for Gartner has been increased, reflecting confidence in future performance.
Management StrategyGartner has a proven management strategy leading to capital-efficient and good organic growth.
New Business GrowthThere is an early positive inflection in new business metrics, showing growth in both tech and non-tech research areas.
Bears Say
Financial TargetsLowering the price target to $555 from $564.
Growth ConcernsGartner's CV growth has been growing below its 12-16% framework for the past 7 quarters.
Web TrafficWeb traffic was significantly lower at -20% compared to -12% in the previous quarter.
---
Ownership Overview
2.66% Insiders
36.00% Mutual Funds
0.49% Other Institutional Investors
35.89% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Tech & InnovationRisks related to the company’s reliance on technology and ability to make innovative products
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
---
IT FAQ
What was Gartner’s price range in the past 12 months?
Gartner lowest stock price was $411.15 and its highest was $559.00 in the past 12 months.
What is Gartner’s market cap?
Gartner’s market cap is $39.50B.
When is Gartner’s upcoming earnings report date?
Gartner’s upcoming earnings report date is Feb 11, 2025 which is in 24 days.
How were Gartner’s earnings last quarter?
Gartner released its earnings results on Nov 05, 2024. The company reported $2.5 earnings per share for the quarter, beating the consensus estimate of $2.367 by $0.133.
Is Gartner overvalued?
According to Wall Street analysts Gartner’s price is currently Undervalued.
Does Gartner pay dividends?
Gartner does not currently pay dividends.
What is Gartner’s EPS estimate?
Gartner’s EPS estimate is 3.26.
How many shares outstanding does Gartner have?
Gartner has 77,134,280 shares outstanding.
What happened to Gartner’s price movement after its last earnings report?
Gartner reported an EPS of $2.5 in its last earnings report, beating expectations of $2.367. Following the earnings report the stock price went up 1.667%.
Which hedge fund is a major shareholder of Gartner?
Currently, no hedge funds are holding shares in IT
---
Gartner Stock Smart Score
Unlock Smart Score
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$552.57 (7.91% Upside)
$552.57 (7.91% Upside)
Blogger Sentiment
Bullish
IT Sentiment 100%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 125.0K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $49.4M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 1.4%
Last 30 Days ▲ 8.9%
Last 30 Days ▲ 8.9%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
13.01%
12-Months-Change
Fundamentals
Return on Equity
130.41%
Trailing 12-Months
Asset Growth
8.30%
Trailing 12-Months
Company Description
Gartner
Gartner, Inc. is a research and advisory company, which delivers technology-related insights to its clients to make right decisions. It operates through the following segments: Research, Consulting and Conferences. The Research segment gives advices on the mission-critical priorities of leaders. The Consulting segment offers customized solutions to unique client needs through on-site, day-to-day support, and proprietary tools for measuring and improving IT performance. The Conferences segment involves in the business professionals across the organization. The company was founded by Gideon I. Gartner and Dave L. R. Stein in 1979 and is headquartered in Stamford, CT.
---
IT Company Deck
---
IT Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Positive
Gartner demonstrated strong financial performance with revenue, EBITDA, and EPS exceeding expectations. The company raised its guidance for 2024 and saw significant growth in contract values and conference revenue. However, challenges in consulting revenue, tech vendor client renewals, and nonsubscription revenue were noted. Overall, the highlights appear to outweigh the lowlights.Read More>---
IT Revenue Breakdown
82.73% Research
8.71% Consulting
8.55% Conferences
---
IT Stock 12 Month Forecast
Average Price Target
$552.57
▲(7.91% Upside)
Technical Analysis
Best Analysts Covering IT
1 Year
1 Year Success Rate
32/39 ratings generated profit
1 Year Average Return
+21.61%
assigned a buy rating 2 months ago
Copying Jeffrey Meuler's trades and holding each position for 1 Year would result in 82.05% of your transactions generating a profit, with an average return of +21.61% per trade.
---