| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 1/6 |
| Past Performance | 4/6 |
| Financial Health | 2/6 |
| Dividends | 0/6 |
IT Stock Overview
Gartner, Inc. operates as a research and advisory company in the United States, Canada, Europe, the Middle East, Africa, and internationally.
Gartner Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$315.79 |
| 52 Week High | US$369.00 |
| 52 Week Low | US$221.39 |
| Beta | 1.45 |
| 1 Month Change | 31.20% |
| 3 Month Change | 31.58% |
| 1 Year Change | 1.92% |
| 3 Year Change | 139.11% |
| 5 Year Change | 164.77% |
| Change since IPO | 9,710.95% |
Recent News & Updates
Shareholder Returns
| IT | US IT | US Market | |
|---|---|---|---|
| 7D | 7.5% | 4.1% | 4.5% |
| 1Y | 1.9% | -25.3% | -8.9% |
Return vs Industry: IT exceeded the US IT industry which returned -25.7% over the past year.
Return vs Market: IT exceeded the US Market which returned -9.6% over the past year.
Price Volatility
| IT volatility | |
|---|---|
| IT Average Weekly Movement | 5.4% |
| IT Industry Average Movement | 9.2% |
| Market Average Movement | 7.6% |
| 10% most volatile stocks in US Market | 16.8% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: IT is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: IT's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1979 | 16,600 | Gene Hall | https://www.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 Fundamentals Summary
| IT fundamental statistics | |
|---|---|
| Market Cap | US$24.98b |
| Earnings (TTM) | US$735.66m |
| Revenue (TTM) | US$5.10b |
34.0x
P/E Ratio4.9x
P/S RatioIs IT overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| IT income statement (TTM) | |
|---|---|
| Revenue | US$5.10b |
| Cost of Revenue | US$1.56b |
| Gross Profit | US$3.54b |
| Other Expenses | US$2.81b |
| Earnings | US$735.66m |
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
n/a
| Earnings per share (EPS) | 9.30 |
| Gross Margin | 69.42% |
| Net Profit Margin | 14.42% |
| Debt/Equity Ratio | -1,724.7% |
How did IT perform over the long term?
See historical performance and comparisonValuation
Is IT undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
2/6Valuation Score 2/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Analyst Forecast
Key Valuation Metric
Which metric is best to use when looking at relative valuation for IT?
Other financial metrics that can be useful for relative valuation.
| What is IT's n/a Ratio? | |
|---|---|
| n/a Ratio | 0x |
| n/a | n/a |
| Market Cap | US$24.98b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 5.5x |
| Enterprise Value/EBITDA | 23.4x |
| PEG Ratio | -79.1x |
Price to Earnings Ratio vs Peers
How does IT's PE Ratio compare to its peers?
| IT PE Ratio vs Peers |
|---|
| Company | PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 48.6x | ||
CTSH Cognizant Technology Solutions | 16x | 9.6% | US$36.2b |
EPAM EPAM Systems | 70.1x | 32.2% | US$25.7b |
DOX Amdocs | 20.1x | 7.4% | US$10.9b |
GLOB Globant | 88.2x | 35.2% | US$9.8b |
IT Gartner | 34x | -0.4% | US$25.0b |
Price-To-Earnings vs Peers: IT is good value based on its Price-To-Earnings Ratio (34x) compared to the peer average (48.6x).
Price to Earnings Ratio vs Industry
How does IT's PE Ratio compare vs other companies in the US IT Industry?
Price-To-Earnings vs Industry: IT is expensive based on its Price-To-Earnings Ratio (34x) compared to the US IT industry average (30.2x)
Price to Earnings Ratio vs Fair Ratio
What is IT's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
| Fair Ratio | |
|---|---|
| Current PE Ratio | 34x |
| Fair PE Ratio | 30.6x |
Price-To-Earnings vs Fair Ratio: IT is expensive based on its Price-To-Earnings Ratio (34x) compared to the estimated Fair Price-To-Earnings Ratio (30.6x).
Share Price vs Fair Value
What is the Fair Price of IT when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: IT ($315.79) is trading below our estimate of fair value ($326.55)
Significantly Below Fair Value: IT is trading below fair value, but not by a significant amount.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Target price is less than 20% higher than the current share price.
Discover undervalued companies
Future Growth
How is Gartner forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
Future Growth Score
1/6Future Growth Score 1/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
-0.4%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: IT's earnings are forecast to decline over the next 3 years (-0.4% per year).
Earnings vs Market: IT's earnings are forecast to decline over the next 3 years (-0.4% per year).
High Growth Earnings: IT's earnings are forecast to decline over the next 3 years.
Revenue vs Market: IT's revenue (10.2% per year) is forecast to grow faster than the US market (7.9% per year).
High Growth Revenue: IT's revenue (10.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if IT's Return on Equity is forecast to be high in 3 years time
Discover growth companies
Past Performance
How has Gartner performed over the past 5 years?
Past Performance Score
4/6Past Performance Score 4/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
53.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: IT has high quality earnings.
Growing Profit Margin: IT's current net profit margins (14.4%) are higher than last year (13.1%).
Past Earnings Growth Analysis
Earnings Trend: IT's earnings have grown significantly by 53.3% per year over the past 5 years.
Accelerating Growth: IT's earnings growth over the past year (28.6%) is below its 5-year average (53.3% per year).
Earnings vs Industry: IT earnings growth over the past year (28.6%) exceeded the IT industry 20.5%.
Return on Equity
High ROE: IT's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.
Discover strong past performing companies
Financial Health
How is Gartner's financial position?
Financial Health Score
2/6Financial Health Score 2/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: IT has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: IT has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: IT has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: IT's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: IT's debt is well covered by operating cash flow (47.2%).
Interest Coverage: IT's interest payments on its debt are well covered by EBIT (13.6x coverage).
Balance Sheet
Discover healthy companies
Dividend
What is Gartner current dividend yield, its reliability and sustainability?
Dividend Score
0/6Dividend Score 0/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Cash Flow Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate IT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate IT'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 IT's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if IT's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as IT has not reported any payouts.
Discover strong dividend paying companies
Management
How experienced are the management team and are they aligned to shareholders interests?
5.0yrs
Average management tenure
CEO
Gene Hall (65 yo)
18yrs
Tenure
US$14,096,168
Compensation
Mr. Eugene A. Hall, also known as, Gene serves as Chief Executive Officer of Gartner Inc. since 2004. He is Chief Executive Officer of Gartner Consulting, Inc., a subsidiary of Gartner, Inc. Mr. Hall has b...
CEO Compensation Analysis
Compensation vs Market: Gene's total compensation ($USD14.10M) is about average for companies of similar size in the US market ($USD12.87M).
Compensation vs Earnings: Gene's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: IT's management team is seasoned and experienced (5 years average tenure).
Board Members
Experienced Board: IT's board of directors are seasoned and experienced ( 15.1 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: IT 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 employee growth, exchange listings and data sources
Key Information
- Name: Gartner, Inc.
- Ticker: IT
- Exchange: NYSE
- Founded: 1979
- Industry: IT Consulting and Other Services
- Sector: Software
- Implied Market Cap: US$24.977b
- Shares outstanding: 79.09m
- Website: https://www.gartner.com
Number of Employees
Location
- Gartner, Inc.
- 56 Top Gallant Road
- PO Box 10212
- Stamford
- Connecticut
- 06902-7700
- United States
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/08/16 00:00 |
| End of Day Share Price | 2022/08/16 00:00 |
| Earnings | 2022/06/30 |
| Annual Earnings | 2021/12/31 |
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.