NYSE:IT Gartner (IT) Stock Price, News & Analysis $506.49 -0.86 (-0.17%) (As of 09/18/2024 ET) Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends About Gartner Stock (NYSE:IT) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Key Stats Today's Range$503.72▼$513.0950-Day Range$447.36▼$510.5652-Week Range$323.61▼$515.09Volume282,973 shsAverage Volume386,651 shsMarket Capitalization$39.32 billionP/E Ratio50.40Dividend YieldN/APrice Target$521.00Consensus RatingHold Company OverviewGartner, 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. The Conferences segment offers executives and teams in an organization the opportunity to learn, share, and network. The Consulting segment offers market-leading research, custom analysis, and on-the-ground support services. This segment also offers actionable solutions for IT-related priorities, including IT cost optimization, digital transformation, and IT sourcing optimization. Gartner, Inc. was founded in 1979 and is headquartered in Stamford, Connecticut.Read More… Unlock the Secret to Easy Wins with Iron Condors (Ad)Discover the power of Iron Condor trades – a low-risk, high-reward strategy that allows you to profit consistently without needing a large account or watching the market all day. Our free report, The Top 10 Stocks for Iron Condor Trades, reveals exactly how to set up winning trades with minimal downside.Download Your FREE Iron Condor Guide Now Gartner Stock Analysis - MarketRank™See Top Rated MarketRank™ StocksOverall MarketRank™: 83rd PercentileGartner scored higher than 83% of companies evaluated by MarketBeat, and ranked 69th out of 352 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion2.1 / 5Analyst RatingHold Consensus RatingGartner has received a consensus rating of Hold. The company's average rating score is 2.29, and is based on 3 buy ratings, 3 hold ratings, and 1 sell rating.Amount of Analyst CoverageGartner has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Gartner's stock forecast and price target. Earnings and Valuation1.9 / 5Proj. Earnings Growth12.86% Earnings GrowthEarnings for Gartner are expected to grow by 12.86% in the coming year, from $11.59 to $13.08 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Gartner is 50.40, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.17.Price to Earnings Ratio vs. SectorThe P/E ratio of Gartner is 50.40, which means that it is trading at a more expensive P/E ratio than the Business Services sector average P/E ratio of about 42.55.Price to Earnings Growth RatioGartner has a PEG Ratio of 3.89. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioGartner has a P/B Ratio of 58.28. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about Gartner's valuation and earnings. Short Interest3.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted1.60% of the float of Gartner has been sold short.Short Interest Ratio / Days to CoverGartner has a short interest ratio ("days to cover") of 3.3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Gartner has recently increased by 5.26%, indicating that investor sentiment is decreasing significantly. Dividend0.0 / 5Dividend StrengthN/A Dividend YieldGartner does not currently pay a dividend.Dividend GrowthGartner does not have a long track record of dividend growth. Sustainability and ESG4.4 / 5Environmental Score-0.37 Percentage of Shares Shorted1.60% of the float of Gartner has been sold short.Short Interest Ratio / Days to CoverGartner has a short interest ratio ("days to cover") of 3.3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Gartner has recently increased by 5.26%, indicating that investor sentiment is decreasing significantly. News and Social Media2.0 / 5News Sentiment0.54 News SentimentGartner has a news sentiment score of 0.54. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.67 average news sentiment score of Business Services companies.News Coverage This WeekMarketBeat has tracked 36 news articles for Gartner this week, compared to 18 articles on an average week.Search InterestOnly 2 people have searched for IT on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.MarketBeat FollowsOnly 3 people have added Gartner to their MarketBeat watchlist in the last 30 days. This is a decrease of -40% compared to the previous 30 days. Company Ownership2.5 / 5Insider TradingSelling Shares Insider Buying vs. Insider SellingIn the past three months, Gartner insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $32,601,014.00 in company stock.Percentage Held by InsidersOnly 3.60% of the stock of Gartner is held by insiders.Percentage Held by Institutions91.51% of the stock of Gartner is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Gartner's insider trading history. IT Stock News HeadlinesClaire Herkes Sells 478 Shares of Gartner, Inc. (NYSE:IT) StockSeptember 17 at 4:53 AM | insidertrades.comInsider Selling: Gartner, Inc. (NYSE:IT) CEO Sells 34,060 Shares of StockSeptember 17 at 4:13 AM | insidertrades.com⭕ [URGENT] Buy Alert just triggeredMy absolute favorite stock just hit a critical "buy now" trigger price.September 18, 2024 | Behind the Markets (Ad)Insider Selling: Gartner, Inc. (NYSE:IT) Director Sells 2,128 Shares of StockSeptember 13, 2024 | insidertrades.comInsider Selling: Gartner, Inc. (NYSE:IT) EVP Sells 500 Shares of StockSeptember 12, 2024 | insidertrades.comRocket Software Named a Challenger in 2024 Gartner® Magic Quadrant™ for Service Orchestration and Automation Platforms (SOAP)September 18 at 7:51 PM | markets.businessinsider.comAustralian IT Spending to Surge in 2025: Cybersecurity & AI FocusSeptember 18 at 7:51 PM | techrepublic.comStonebranch Named a Leader in the 2024 Gartner® Magic Quadrant™ for Service Orchestration and Automation Platforms (SOAP)September 17 at 12:05 PM | finance.yahoo.comSee More Headlines IT Stock Analysis - Frequently Asked Questions How have IT shares performed this year? Gartner's stock was trading at $451.11 at the beginning of the year. Since then, IT shares have increased by 12.3% and is now trading at $506.49. View the best growth stocks for 2024 here. How were Gartner's earnings last quarter? Gartner, Inc. (NYSE:IT) issued its earnings results on Tuesday, July, 30th. The information technology services provider reported $3.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.02 by $0.20. The firm's quarterly revenue was up 6.1% on a year-over-year basis. Read the conference call transcript. Is Gartner doing a stock buyback? Gartner's board approved a stock buyback plan on Friday, November 3rd 2023, which permits the company to repurchase $500,000,000 in outstanding shares, according to EventVestor. This means that the company could repurchase up to 1.6% of its shares through open market purchases. Shares buyback plans are often an indication that the company's management believes its shares are undervalued. Does Gartner have any subsidiaries? The following companies are subsidiaries of Gartner: Pulse Q&A Inc, TOPO, CEB, L2, Machina Research USA, SCM World US, Capterra, and others. Who are Gartner's major shareholders? Gartner's top institutional investors include Massachusetts Financial Services Co. MA (4.04%), Principal Financial Group Inc. (2.44%), Mackenzie Financial Corp (1.01%) and Legal & General Group Plc (0.89%). Insiders that own company stock include Eugene A Hall, James C Smith, Craig Safian, Alwyn Dawkins, Karen E Dykstra, Scott Hensel, Michael Patrick Diliberto, Robin B Kranich, Valentin Sribar, Richard J Bressler, Joseph P Beck, Anne Sutherland Fuchs, William James Wartinbee III, Kenneth Allard, Jules Kaufman, Akhil Jain, Yvonne Genovese, Claire Herkes and Eileen Serra. View institutional ownership trends. How do I buy shares of Gartner? Shares of IT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of Gartner own? Based on aggregate information from My MarketBeat watchlists, some other companies that Gartner investors own include NVIDIA (NVDA), Netflix (NFLX), Adobe (ADBE), Boeing (BA), Broadcom (AVGO), Mastercard (MA) and Micron Technology (MU). Company Calendar Last Earnings7/30/2024Today9/18/2024Next Earnings (Estimated)11/01/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorBusiness Services Industry Management services Sub-IndustryIT Consulting & Other Services Current SymbolNYSE:IT CUSIP36665110 CIK749251 Webwww.gartner.com Phone(203) 964-0096Fax203-316-6488Employees20,237Year Founded1979Price Target and Rating Average Stock Price Target$521.00 High Stock Price Target$580.00 Low Stock Price Target$435.00 Potential Upside/Downside+2.9%Consensus RatingHold Rating Score (0-4)2.29 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)$10.05 Trailing P/E Ratio50.40 Forward P/E Ratio43.70 P/E Growth3.89Net Income$882.47 million Net Margins13.67% Pretax Margin17.49% Return on Equity142.05% Return on Assets12.28% Debt Debt-to-Equity Ratio3.80 Current Ratio0.90 Quick Ratio0.90 Sales & Book Value Annual Sales$6.06 billion Price / Sales6.49 Cash Flow$14.22 per share Price / Cash Flow35.63 Book Value$8.69 per share Price / Book58.28Miscellaneous Outstanding Shares77,630,000Free Float74,835,000Market Cap$39.32 billion OptionableOptionable Beta1.32 Social Links Should I Buy Gartner Stock? IT Pros and Cons Explained These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Monday, September 9, 2024. Please send any questions or comments about these Gartner pros and cons to contact@marketbeat.com. Gartner Bull Case Here are some ways that investors could benefit from investing in Gartner, Inc.: Gartner, Inc. has shown consistent revenue growth, with a 6.1% increase in revenue compared to the same quarter last year, indicating a positive trend in the company's financial performance. Analysts predict that Gartner, Inc. will post an EPS of 11.58 for the current year, suggesting strong earnings potential and profitability for investors. Recent analyst ratings have been favorable, with multiple analysts upgrading their price targets and ratings for Gartner, Inc., indicating confidence in the company's future prospects. Institutional investors have been increasing their stakes in Gartner, Inc., with notable firms like TCW Group Inc. and Charles Schwab Investment Management Inc. acquiring additional shares, reflecting institutional confidence in the company. Despite some mixed analyst ratings, the consensus target price for Gartner, Inc. is $521.00, suggesting potential upside based on current market valuations. Gartner Bear Case Investors should be bearish about investing in Gartner, Inc. for these reasons: While there have been positive developments, Gartner, Inc. received a "strong sell" rating from Wells Fargo & Company, indicating some concerns about the company's performance or future outlook. One analyst has rated the stock as a sell, which may raise caution among investors considering the potential risks associated with investing in Gartner, Inc. The stock has a consensus rating of "Hold," suggesting a lack of unanimous bullish sentiment among analysts, which could impact short-term price movements. Some institutional investors have reduced their positions in Gartner, Inc., indicating a potential lack of confidence or a shift in investment strategies regarding the company. Market volatility and economic uncertainties could impact Gartner, Inc.'s stock price, leading to fluctuations in investment returns for shareholders. This page (NYSE:IT) was last updated on 9/18/2024 by MarketBeat.com Staff From Our PartnersChina Stockpiling Gold “Like No Tomorrow”For 18 consecutive months, China’s central bank has increased its gold reserve. The country, with a populat...True Gold Republic | SponsoredThis diversified cannabis pioneer could make huge moves soonThe cannabis industry seems deeply saturated, so how do you know where to best invest your money? 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