FY2025 Earnings Forecast for Gartner Issued By William Blair

Gartner, Inc. (NYSE:IT - Free Report) - Equities researchers at William Blair increased their FY2025 EPS estimates for Gartner in a report issued on Tuesday, November 5th. William Blair analyst A. Nicholas now forecasts that the information technology services provider will earn $13.13 per share for the year, up from their prior estimate of $12.83. The consensus estimate for Gartner's current full-year earnings is $11.65 per share. William Blair also issued estimates for Gartner's Q4 2025 earnings at $3.73 EPS.

Gartner (NYSE:IT - Get Free Report) last announced its quarterly earnings data on Tuesday, November 5th. The information technology services provider reported $2.50 EPS for the quarter, beating analysts' consensus estimates of $2.45 by $0.05. Gartner had a net margin of 13.67% and a return on equity of 142.05%. The firm had revenue of $1.48 billion for the quarter, compared to the consensus estimate of $1.48 billion. During the same period in the previous year, the firm posted $2.56 earnings per share. The firm's revenue was up 5.4% on a year-over-year basis.

Several other analysts also recently commented on the stock. Wells Fargo & Company boosted their target price on shares of Gartner from $460.00 to $470.00 and gave the stock an "underweight" rating in a research report on Wednesday. Robert W. Baird upped their target price on shares of Gartner from $565.00 to $590.00 and gave the company an "outperform" rating in a research note on Wednesday. BMO Capital Markets upped their target price on shares of Gartner from $450.00 to $510.00 and gave the company a "market perform" rating in a research note on Wednesday, July 31st. UBS Group increased their price objective on shares of Gartner from $510.00 to $580.00 and gave the company a "buy" rating in a research note on Wednesday, July 31st. Finally, Morgan Stanley increased their target price on shares of Gartner from $490.00 to $528.00 and gave the stock an "equal weight" rating in a research report on Thursday, October 10th. One analyst has rated the stock with a sell rating, four have issued a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, Gartner has an average rating of "Hold" and an average target price of $539.25.

Gartner Stock Up 0.0 %

IT traded up $0.02 on Thursday, reaching $536.92. 91,995 shares of the company traded hands, compared to its average volume of 367,499. The stock's 50 day moving average price is $510.44 and its 200-day moving average price is $473.06. Gartner has a 52-week low of $396.60 and a 52-week high of $542.13. The company has a market cap of $41.38 billion, a price-to-earnings ratio of 51.13, a PEG ratio of 3.14 and a beta of 1.32. The company has a debt-to-equity ratio of 3.80, a current ratio of 0.90 and a quick ratio of 0.90.

Insiders Place Their Bets

In other news, EVP Akhil Jain sold 400 shares of the firm's stock in a transaction dated Thursday, August 15th. The shares were sold at an average price of $485.00, for a total value of $194,000.00. Following the transaction, the executive vice president now owns 4,839 shares of the company's stock, valued at approximately $2,346,915. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. In other news, EVP Akhil Jain sold 400 shares of the firm's stock in a transaction dated Thursday, August 15th. The shares were sold at an average price of $485.00, for a total value of $194,000.00. Following the transaction, the executive vice president now owns 4,839 shares of the company's stock, valued at approximately $2,346,915. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Claire Herkes sold 478 shares of the stock in a transaction that occurred on Friday, September 13th. The shares were sold at an average price of $506.01, for a total transaction of $241,872.78. Following the completion of the sale, the executive vice president now owns 1,905 shares in the company, valued at $963,949.05. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 49,899 shares of company stock valued at $24,959,886 in the last 90 days. 3.60% of the stock is currently owned by insiders.

Institutional Trading of Gartner

Hedge funds have recently modified their holdings of the company. Eastern Bank acquired a new stake in Gartner during the 3rd quarter worth approximately $26,000. Central Pacific Bank Trust Division bought a new position in shares of Gartner in the first quarter valued at $36,000. Ashton Thomas Securities LLC bought a new position in shares of Gartner in the third quarter valued at $44,000. Crewe Advisors LLC boosted its position in Gartner by 223.3% during the second quarter. Crewe Advisors LLC now owns 97 shares of the information technology services provider's stock worth $44,000 after purchasing an additional 67 shares during the period. Finally, Fortitude Family Office LLC boosted its position in Gartner by 23.8% during the third quarter. Fortitude Family Office LLC now owns 104 shares of the information technology services provider's stock worth $53,000 after purchasing an additional 20 shares during the period. 91.51% of the stock is currently owned by institutional investors and hedge funds.

Gartner Company Profile

Gartner, Inc operates as a research and advisory company in the United States, Canada, Europe, the Middle East, Africa, and internationally. It operates through three segments: Research, Conferences, and Consulting. The Research segment delivers its research primarily through a subscription service that include on-demand access to published research content, data and benchmarks, and direct access to a network of research experts.