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Gartner NYSE:IT Stock Report

Last Price

US$491.25

Market Cap

US$37.1b

7D

-3.4%

1Y

10.0%

Updated

20 Dec, 2024

Data

Company Financials +

Gartner, Inc.

NYSE:IT Stock Report

Market Cap: US$37.1b

IT Stock Overview

Operates as a research and advisory company in the United States, Canada, Europe, the Middle East, Africa, and internationally. More details

IT fundamental analysis
Snowflake Score
Valuation2/6
Future Growth1/6
Past Performance3/6
Financial Health5/6
Dividends0/6

Rewards

Price-To-Earnings ratio (35.6x) is below the IT industry average (43.6x)

Earnings grew by 14.3% over the past year

Risk Analysis

Has a high level of debt

Significant insider selling over the past 3 months

Large one-off items impacting financial results


My Notes

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Community Narratives

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WA
Analyst Price Target
Consensus Narrative from 10 Analysts

Sales Hiring And CRM Upgrades Will Boost Productivity And Capture Market Opportunities

Key Takeaways Accelerated sales hiring and CRM system upgrades aim to capture market opportunities, boost productivity, and support revenue and margin growth. The strong growth in contract and new business value, along with share repurchases, enhances revenue potential and supports improved shareholder returns.
View narrative
US$545.01
FV
9.9% undervalued intrinsic discount
9.28%
Revenue growth p.a.
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2 days ago author updated this narrative

Gartner, Inc. Competitors

Cognizant Technology Solutions

NasdaqGS:CTSH

US$39.4b

EPAM Systems

NYSE:EPAM

US$14.0b

Amdocs

NasdaqGS:DOX

US$9.7b

Globant

NYSE:GLOB

US$9.6b

Price History & Performance

Summary of share price highs, lows and changes for Gartner
Historical stock prices
Current Share PriceUS$491.25
52 Week HighUS$559.00
52 Week LowUS$411.15
Beta1.32
1 Month Change-5.16%
3 Month Change-4.35%
1 Year Change10.02%
3 Year Change50.91%
5 Year Change219.37%
Change since IPO15,162.14%

Recent News & Updates

Calculating The Intrinsic Value Of Gartner, Inc. (NYSE:IT)

Dec 10
Calculating The Intrinsic Value Of Gartner, Inc. (NYSE:IT)

Does Gartner (NYSE:IT) Have A Healthy Balance Sheet?

Nov 24
Does Gartner (NYSE:IT) Have A Healthy Balance Sheet?

Recent updates

Calculating The Intrinsic Value Of Gartner, Inc. (NYSE:IT)

Dec 10
Calculating The Intrinsic Value Of Gartner, Inc. (NYSE:IT)

Does Gartner (NYSE:IT) Have A Healthy Balance Sheet?

Nov 24
Does Gartner (NYSE:IT) Have A Healthy Balance Sheet?

Gartner: Confident That Growth Can Accelerate In The Next 2 Years

Nov 06

What Is Gartner, Inc.'s (NYSE:IT) Share Price Doing?

Oct 19
What Is Gartner, Inc.'s (NYSE:IT) Share Price Doing?

Unpleasant Surprises Could Be In Store For Gartner, Inc.'s (NYSE:IT) Shares

Oct 01
Unpleasant Surprises Could Be In Store For Gartner, Inc.'s (NYSE:IT) Shares

Gartner: Strong Retention And Contract Value Growth

Sep 04

Is Gartner, Inc. (NYSE:IT) Worth US$492 Based On Its Intrinsic Value?

Sep 01
Is Gartner, Inc. (NYSE:IT) Worth US$492 Based On Its Intrinsic Value?

Gartner (NYSE:IT) Knows How To Allocate Capital Effectively

Aug 17
Gartner (NYSE:IT) Knows How To Allocate Capital Effectively

Gartner: Path To Recovery Ahead

Jul 31

Gartner (NYSE:IT) Has A Pretty Healthy Balance Sheet

Jul 29
Gartner (NYSE:IT) Has A Pretty Healthy Balance Sheet

Is There Now An Opportunity In Gartner, Inc. (NYSE:IT)?

Jul 11
Is There Now An Opportunity In Gartner, Inc. (NYSE:IT)?

Shareholders Would Not Be Objecting To Gartner, Inc.'s (NYSE:IT) CEO Compensation And Here's Why

May 31
Shareholders Would Not Be Objecting To Gartner, Inc.'s (NYSE:IT) CEO Compensation And Here's Why

Gartner Q1: Remains Buy Rated As Growth Should Accelerate

May 16

Some May Be Optimistic About Gartner's (NYSE:IT) Earnings

May 08
Some May Be Optimistic About Gartner's (NYSE:IT) Earnings

Gartner (NYSE:IT) Is Achieving High Returns On Its Capital

May 01
Gartner (NYSE:IT) Is Achieving High Returns On Its Capital

Is Gartner (NYSE:IT) A Risky Investment?

Apr 16
Is Gartner (NYSE:IT) A Risky Investment?

Gartner, Inc.'s (NYSE:IT) Shareholders Might Be Looking For Exit

Apr 01
Gartner, Inc.'s (NYSE:IT) Shareholders Might Be Looking For Exit

Does Gartner (NYSE:IT) Deserve A Spot On Your Watchlist?

Mar 02
Does Gartner (NYSE:IT) Deserve A Spot On Your Watchlist?

At US$457, Is Gartner, Inc. (NYSE:IT) Worth Looking At Closely?

Feb 01
At US$457, Is Gartner, Inc. (NYSE:IT) Worth Looking At Closely?

Gartner: Long Term Winner With An Impressive Business Model, But A Hold

Jan 20

Is Gartner (NYSE:IT) Using Too Much Debt?

Jan 17
Is Gartner (NYSE:IT) Using Too Much Debt?

Gartner: Impressive Growth And FY24 Preview, Downgrade To 'Buy'

Jan 04

Why We Like The Returns At Gartner (NYSE:IT)

Jan 02
Why We Like The Returns At Gartner (NYSE:IT)

Gartner Q3: Rating Upgrade As Business Environment Stabilizes Along With Better Productivity

Nov 30

Gartner: Strong Recurring Business Model With Double Digit Revenue Growth

Oct 11

Gartner Inc.: Better To Wait For More Margin Of Safety

Sep 08

Gartner Faces Slower Tech Consulting Revenue Retention Ahead

Aug 08

Gartner: Maintain Hold Rating At 33x PE

Jun 23

Gartner Guides To Lower 2023 Revenue Growth

May 24

Shareholder Returns

ITUS ITUS Market
7D-3.4%-3.0%-3.5%
1Y10.0%13.5%22.1%

Return vs Industry: IT underperformed the US IT industry which returned 13.5% over the past year.

Return vs Market: IT underperformed the US Market which returned 22.1% over the past year.

Price Volatility

Is IT's price volatile compared to industry and market?
IT volatility
IT Average Weekly Movement2.7%
IT Industry Average Movement8.6%
Market Average Movement6.3%
10% most volatile stocks in US Market17.0%
10% least volatile stocks in US Market3.1%

Stable Share Price: IT has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: IT's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
197920,990Gene Hallwww.gartner.com

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.

Gartner, Inc. Fundamentals Summary

How do Gartner's earnings and revenue compare to its market cap?
IT fundamental statistics
Market capUS$37.12b
Earnings (TTM)US$1.06b
Revenue (TTM)US$6.14b

35.6x

P/E Ratio

6.2x

P/S Ratio

Is IT overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
IT income statement (TTM)
RevenueUS$6.14b
Cost of RevenueUS$1.98b
Gross ProfitUS$4.16b
Other ExpensesUS$3.10b
EarningsUS$1.06b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)13.79
Gross Margin67.78%
Net Profit Margin17.33%
Debt/Equity Ratio231.0%

How did IT perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 23:12
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Gartner, Inc. is covered by 28 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Josep BoriAtlantic Equities LLP
Peter HeckmannAvondale Partners
Jeffrey MeulerBaird