DB:GGRA

Stock Analysis Report

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Executive Summary

Gartner, Inc. operates as a research and advisory company. More Details


Snowflake Analysis

Solid track record with moderate growth potential.


Similar Companies

Share Price & News

How has Gartner's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: GGRA has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

1.9%

GGRA

-1.1%

DE IT

-0.7%

DE Market


1 Year Return

-14.7%

GGRA

50.3%

DE IT

3.9%

DE Market

Return vs Industry: GGRA underperformed the German IT industry which returned 50.3% over the past year.

Return vs Market: GGRA underperformed the German Market which returned 3.9% over the past year.


Shareholder returns

GGRAIndustryMarket
7 Day1.9%-1.1%-0.7%
30 Day-0.9%-3.3%-0.5%
90 Day2.8%-15.3%-0.04%
1 Year-14.7%-14.7%51.8%50.3%7.1%3.9%
3 Year3.8%3.8%83.6%75.7%3.2%-5.8%
5 Year37.3%37.3%57.3%50.9%24.2%6.4%

Price Volatility Vs. Market

How volatile is Gartner's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Gartner undervalued compared to its fair value and its price relative to the market?

48.63x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: GGRA (€110) is trading above our estimate of fair value (€59.65)

Significantly Below Fair Value: GGRA is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: GGRA is poor value based on its PE Ratio (48.6x) compared to the DE IT industry average (28.1x).

PE vs Market: GGRA is poor value based on its PE Ratio (48.6x) compared to the German market (22.7x).


Price to Earnings Growth Ratio

PEG Ratio: GGRA is poor value based on its PEG Ratio (2.6x)


Price to Book Ratio

PB vs Industry: GGRA is overvalued based on its PB Ratio (11.7x) compared to the DE IT industry average (3.4x).


Next Steps

Future Growth

How is Gartner forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?

18.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: GGRA's forecast earnings growth (18.9% per year) is above the savings rate (0.2%).

Earnings vs Market: GGRA's earnings (18.9% per year) are forecast to grow slower than the German market (26.9% per year).

High Growth Earnings: GGRA's earnings are forecast to grow, but not significantly.

Revenue vs Market: GGRA's revenue (10.7% per year) is forecast to grow faster than the German market (6.1% per year).

High Growth Revenue: GGRA's revenue (10.7% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: GGRA's Return on Equity is forecast to be high in 3 years time (33.9%)


Next Steps

Past Performance

How has Gartner performed over the past 5 years?

7.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: GGRA has high quality earnings.

Growing Profit Margin: GGRA's current net profit margins (5.7%) are higher than last year (5.4%).


Past Earnings Growth Analysis

Earnings Trend: GGRA's earnings have grown by 7.4% per year over the past 5 years.

Accelerating Growth: GGRA's earnings growth over the past year (8.6%) exceeds its 5-year average (7.4% per year).

Earnings vs Industry: GGRA earnings growth over the past year (8.6%) exceeded the IT industry 7.6%.


Return on Equity

High ROE: Whilst GGRA's Return on Equity (24.14%) is high, this metric is skewed due to their high level of debt.


Next Steps

Financial Health

How is Gartner's financial position?


Financial Position Analysis

Short Term Liabilities: GGRA's short term assets ($1.8B) do not cover its short term liabilities ($2.5B).

Long Term Liabilities: GGRA's short term assets ($1.8B) do not cover its long term liabilities ($3.3B).


Debt to Equity History and Analysis

Debt Level: GGRA's debt to equity ratio (212.3%) is considered high.

Reducing Debt: GGRA had negative shareholder equity 5 years ago, but is now positive and has therefore improved.

Debt Coverage: GGRA's debt is well covered by operating cash flow (33.3%).

Interest Coverage: GGRA's interest payments on its debt are well covered by EBIT (3.8x coverage).


Balance Sheet


Next Steps

Dividend

What is Gartner current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate GGRA's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate GGRA's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if GGRA's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if GGRA's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of GGRA's dividend in 3 years as they are not forecast to pay a notable one for the German market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.8yrs

Average management tenure


CEO

Gene Hall (63 yo)

16.17yrs

Tenure

US$11,960,245

Compensation

Mr. Eugene A. Hall, also known as, Gene serves as Chief Executive Officer of Gartner Inc. since 2004. He is Chief Executive Officer of Gartner Consulting, Inc., a subsidiary of Gartner, Inc. Mr. Hall has b ...


CEO Compensation Analysis

Compensation vs Market: Gene's total compensation ($USD11.96M) is above average for companies of similar size in the German market ($USD5.21M).

Compensation vs Earnings: Gene's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Eugene Hall
CEO & Director16.17yrsUS$11.96m1.34%
$ 133.0m
Craig Safian
Executive VP & CFO6.33yrsUS$3.98m0.049%
$ 4.8m
Alwyn Dawkins
Executive Vice President of Global Business Sales0.25yrUS$2.66m0.044%
$ 4.4m
Robin Kranich
Executive Vice President of Human Resources12.42yrsUS$2.65m0.0095%
$ 944.2k
Peter Genovese
Senior Director of Sales Strategy & Operationsno datano datano data
Michael P. Diliberto
Executive VP & Chief Information Officer4.33yrsno data0.014%
$ 1.4m
David Cohen
Group Vice President of Investor Relationsno datano datano data
Jules Kaufman
Executive VP3.17yrsno data0.0094%
$ 934.3k
Kendall Davis
Executive Vice President of Products & Services14.17yrsno data0.16%
$ 15.8m
Joe Beck
Executive Vice President of Global Technology Sales2.92yrsno data0.012%
$ 1.2m
Scott Hensel
Executive Vice President of Consulting3yrsno data0.0058%
$ 570.7k
Michael Harris
Executive Vice President of Research & Advisory2.17yrsno data0.0084%
$ 829.2k

3.8yrs

Average Tenure

52.5yo

Average Age

Experienced Management: GGRA's management team is considered experienced (3.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Eugene Hall
CEO & Director16.17yrsUS$11.96m1.34%
$ 133.0m
Stephen Pagliuca
Independent Director10.67yrsUS$300.13k0.070%
$ 6.9m
William Grabe
Independent Director27.5yrsUS$317.60k0.14%
$ 13.8m
Raul Cesan
Independent Director8.67yrsUS$310.10k0.080%
$ 7.9m
Richard Bressler
Independent Director14.67yrsUS$330.03k0.030%
$ 3.0m
Karen Dykstra
Independent Director13.25yrsUS$315.06k0.018%
$ 1.8m
Anne Fuchs
Independent Director21.25yrsUS$332.72k0.024%
$ 2.4m
James Smith
Independent Chairman of the Board16.17yrsUS$415.03k1.08%
$ 107.3m
Eileen Serra
Independent Director3yrsUS$310.10k0.0011%
$ 111.0k
Peter Bisson
Independent Director4.17yrsUS$307.63k0.0019%
$ 193.2k

14.0yrs

Average Tenure

65yo

Average Age

Experienced Board: GGRA's board of directors are seasoned and experienced ( 14 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: GGRA insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Gartner, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Gartner, Inc.
  • Ticker: GGRA
  • Exchange: DB
  • Founded: 1979
  • Industry: IT Consulting and Other Services
  • Sector: Software
  • Market Cap: US$11.606b
  • Listing Market Cap: US$9.907b
  • Shares outstanding: 89.23m
  • Website: https://www.gartner.com

Number of Employees


Location

  • Gartner, Inc.
  • 56 Top Gallant Road
  • PO Box 10212
  • Stamford
  • Connecticut
  • 6902
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ITNYSE (New York Stock Exchange)YesCommon StockUSUSDOct 1993
GGRADB (Deutsche Boerse AG)YesCommon StockDEEUROct 1993
0ITVLSE (London Stock Exchange)YesCommon StockGBUSDOct 1993
G1AR34BOVESPA (Bolsa de Valores de Sao Paulo)BDR EACH 4 REPR 1 COMBRBRLJan 2020

Biography

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 priori ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/18 22:32
End of Day Share Price2020/10/16 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.