Gartner
Market Cap
US$14.3b
Last Updated
2021/01/17 23:52 UTC
Data Sources
Company Financials +
Executive Summary
Gartner, Inc. operates as a research and advisory company. More Details
Rewards
Risk Analysis
Snowflake Analysis
Reasonable growth potential with mediocre balance sheet.
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: IT is less volatile than 75% 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.
Market Performance
7 Day Return
-5.1%
IT
-4.2%
US IT
-1.0%
US Market
1 Year Return
-0.5%
IT
20.7%
US IT
19.6%
US Market
Return vs Industry: IT underperformed the US IT industry which returned 20.7% over the past year.
Return vs Market: IT underperformed the US Market which returned 19.6% over the past year.
Shareholder returns
| IT | Industry | Market | |
|---|---|---|---|
| 7 Day | -5.1% | -4.2% | -1.0% |
| 30 Day | 1.6% | -3.3% | 2.3% |
| 90 Day | 29.0% | 8.5% | 13.1% |
| 1 Year | -0.5%-0.5% | 21.9%20.7% | 22.3%19.6% |
| 3 Year | 16.8%16.8% | 86.1%79.0% | 45.3%35.7% |
| 5 Year | 90.7%90.7% | 207.8%186.5% | 124.8%99.8% |
Long-Term 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
6 days ago | Simply Wall St
Is It Time To Consider Buying Gartner, Inc. (NYSE:IT)?3 weeks ago | Simply Wall St
Is Gartner (NYSE:IT) Using Too Much Debt?1 month ago | Simply Wall St
Investors Who Bought Gartner (NYSE:IT) Shares Five Years Ago Are Now Up 76%Valuation
Is Gartner undervalued compared to its fair value and its price relative to the market?
66.7x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: IT ($160.41) is trading above our estimate of fair value ($85.68)
Significantly Below Fair Value: IT is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: IT is poor value based on its PE Ratio (66.7x) compared to the US IT industry average (36.9x).
PE vs Market: IT is poor value based on its PE Ratio (66.7x) compared to the US market (21x).
Price to Earnings Growth Ratio
PEG Ratio: IT is poor value based on its PEG Ratio (2.4x)
Price to Book Ratio
PB vs Industry: IT is overvalued based on its PB Ratio (13.8x) compared to the US IT industry average (4.9x).
Next Steps
Future Growth
How is Gartner forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
27.4%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: IT's forecast earnings growth (27.4% per year) is above the savings rate (2%).
Earnings vs Market: IT's earnings (27.4% per year) are forecast to grow faster than the US market (21.5% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: IT's revenue (9.8% per year) is forecast to grow slower than the US market (10.3% per year).
High Growth Revenue: IT's revenue (9.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: IT's Return on Equity is forecast to be high in 3 years time (36.4%)
Next Steps
Past Performance
How has Gartner performed over the past 5 years?
10.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: IT has high quality earnings.
Growing Profit Margin: IT's current net profit margins (5.1%) are lower than last year (6%).
Past Earnings Growth Analysis
Earnings Trend: IT's earnings have grown by 10.1% per year over the past 5 years.
Accelerating Growth: IT's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: IT had negative earnings growth (-13.9%) over the past year, making it difficult to compare to the IT industry average (4.2%).
Return on Equity
High ROE: Whilst IT's Return on Equity (20.71%) 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: IT's short term assets ($1.9B) do not cover its short term liabilities ($2.5B).
Long Term Liabilities: IT's short term assets ($1.9B) do not cover its long term liabilities ($3.3B).
Debt to Equity History and Analysis
Debt Level: IT's debt to equity ratio (202.3%) is considered high.
Reducing Debt: IT had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: IT's debt is well covered by operating cash flow (34.6%).
Interest Coverage: IT's interest payments on its debt are well covered by EBIT (4x 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 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.
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 IT's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.3yrs
Average management tenure
CEO
Gene Hall (63 yo)
16.42yrs
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 about average for companies of similar size in the US market ($USD10.56M).
Compensation vs Earnings: Gene's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 16.42yrs | US$11.96m | 1.34% $ 192.1m | |
| Executive VP & CFO | 6.58yrs | US$3.98m | 0.049% $ 7.0m | |
| Executive Vice President of Global Business Sales | 0.50yr | US$2.66m | 0.046% $ 6.6m | |
| Executive Vice President of Human Resources | 12.67yrs | US$2.65m | 0.0043% $ 618.7k | |
| Senior Director of Sales Strategy & Operations | no data | no data | no data | |
| Executive VP & Chief Information Officer | 4.58yrs | no data | 0.0057% $ 823.5k | |
| Group Vice President of Investor Relations | no data | no data | no data | |
| Executive VP | no data | no data | 0.0076% $ 1.1m | |
| Executive Vice President of Global Technology Sales | 3.17yrs | no data | 0.0073% $ 1.0m | |
| Executive Vice President of Global Services & Delivery | 3.25yrs | no data | 0.0064% $ 915.2k | |
| Executive Vice President of Research & Advisory | 2.42yrs | no data | 0.0084% $ 1.2m | |
| C.M.O. & Executive VP of Digital Markets | 1.75yrs | no data | 0.0014% $ 196.2k |
3.3yrs
Average Tenure
52.5yo
Average Age
Experienced Management: IT's management team is considered experienced (3.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 16.42yrs | US$11.96m | 1.34% $ 192.1m | |
| Independent Director | 10.92yrs | US$300.13k | 0.070% $ 10.0m | |
| Independent Director | 27.75yrs | US$317.60k | 0.056% $ 7.9m | |
| Independent Director | 8.92yrs | US$310.10k | 0.080% $ 11.4m | |
| Independent Director | 14.92yrs | US$330.03k | 0.030% $ 4.3m | |
| Independent Director | 13.5yrs | US$315.06k | 0.018% $ 2.6m | |
| Independent Director | 21.5yrs | US$332.72k | 0.024% $ 3.5m | |
| Independent Chairman of the Board | 16.42yrs | US$415.03k | 1.08% $ 155.1m | |
| Independent Director | 3.25yrs | US$310.10k | 0.0011% $ 160.4k | |
| Independent Director | 4.42yrs | US$307.63k | 0.0019% $ 279.3k |
14.2yrs
Average Tenure
65.5yo
Average Age
Experienced Board: IT's board of directors are seasoned and experienced ( 14.2 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 company bio, 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
- Market Cap: US$14.323b
- Shares outstanding: 89.29m
- Website: https://www.gartner.com
Number of Employees
Location
- Gartner, Inc.
- 56 Top Gallant Road
- PO Box 10212
- Stamford
- Connecticut
- 6902
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| IT | NYSE (New York Stock Exchange) | Yes | Common Stock | US | USD | Oct 1993 |
| GGRA | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Oct 1993 |
| 0ITV | LSE (London Stock Exchange) | Yes | Common Stock | GB | USD | Oct 1993 |
| G1AR34 | BOVESPA (Bolsa de Valores de Sao Paulo) | BDR EACH 4 REPR 1 COM | BR | BRL | Jan 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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/17 23:52 |
| End of Day Share Price | 2021/01/15 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
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.