IT - Gartner Inc Stock Price, Fair Value and News

434.11USD-3.02 (-0.69%)Market Closed

Market Summary

USD434.11-3.02

Market Closed

-0.69%

IT Stock Price

View Fullscreen

IT RSI Chart

IT Valuation

Market Cap

33.7B

Price/Earnings (Trailing)

42.27

Price/Sales (Trailing)

5.64

EV/EBITDA

26.45

Price/Free Cashflow

28.56

IT Price/Sales (Trailing)

IT Profitability

EBT Margin

17.17%

Return on Equity

111.01%

Return on Assets

10.34%

Free Cashflow Yield

3.5%

IT Fundamentals

IT Revenue

Revenue (TTM)

6.0B

Rev. Growth (Yr)

4.55%

Rev. Growth (Qtr)

-7.14%

IT Earnings

Earnings (TTM)

797.2M

Earnings Growth (Yr)

-28.82%

Earnings Growth (Qtr)

0.92%

Breaking Down IT Revenue

Last 7 days

2.8%

Last 30 days

-8%

Last 90 days

-4.8%

Trailing 12 Months

42.6%

How does IT drawdown profile look like?

IT Financial Health

Current Ratio

0.91

Debt/Equity

3.42

Debt/Cashflow

0.48

IT Investor Care

Buy Backs (1Y)

1.79%

Diluted EPS (TTM)

10.06

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	6.0B	0	0	0
2023	5.6B	5.7B	5.8B	5.9B
2022	4.9B	5.1B	5.3B	5.5B
2021	4.2B	4.4B	4.5B	4.7B
2020	4.3B	4.2B	4.2B	4.1B
2019	4.0B	4.1B	4.1B	4.2B
2018	3.6B	3.8B	3.9B	4.0B
2017	2.5B	2.7B	3.0B	3.3B
2016	2.2B	2.3B	2.4B	2.4B
2015	2.0B	2.1B	2.1B	2.2B
2014	1.8B	1.9B	2.0B	2.0B
2013	1.7B	1.7B	1.7B	1.8B
2012	1.5B	1.5B	1.6B	1.6B
2011	1.3B	1.4B	1.4B	1.5B
2010	1.2B	1.2B	1.2B	1.3B
2009	0	1.2B	1.2B	1.1B
2008	0	0	0	1.3B

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed S&P 500 Index

Grufity's Fair Value model takes all the S&P 500 stocks and divides them into separate buckets based on their attractiveness. The 'Very Cheap' bucket of S&P 500 has greatly outperformed S&P 500 Index. Conversely, S&P500 stocks considered 'Very Expensive' by the model underperformed the S&P500 index in the past three years. Grufity Fair Value is available for 2300+ stocks, including 90% of S&P 500 stocks. Grufity's Fair Value Model separates high-return stocks from low-return stocks.

Returns of $10,000 invested in:

Very Cheap Stocks: $17,289
S&P 500 Index: $12,922
Very Expensive Stocks: $11,022

Grufity's Fair Value model does a great job in separating High Performing Stocks from Low Performing ones in the S&P 500 list.

S&P 500 Index

Very Expensive Stocks

Very Cheap Stocks

Try For Just $1.99

Tracking the Latest Insider Buys and Sells of Gartner Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
May 04, 2024	kim thomas sang	acquired	-	-	1,130	evp, gc
May 04, 2024	kim thomas sang	sold (taxes)	-224,607	428	-524	evp, gc
Apr 01, 2024	grabe william o	acquired	-	-	56.00	-
Apr 01, 2024	gutierrez jose m	acquired	-	-	26.00	-
Apr 01, 2024	pagliuca stephen g	acquired	-	-	47.00	-
Apr 01, 2024	fuchs anne sutherland	acquired	-	-	32.00	-
Apr 01, 2024	ferguson diana sue	acquired	-	-	55.00	-
Apr 01, 2024	smith james c	acquired	-	-	134	-
Apr 01, 2024	cesan raul e	acquired	-	-	52.00	-
Mar 14, 2024	herkes claire	sold	-694,610	475	-1,460	evp, conferences

Which funds bought or sold IT recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 07, 2024	TimesSquare Capital Management, LLC	reduced	-5.33	41,000	109,847,000	1.60%
May 07, 2024	Inspire Investing, LLC	sold off	-100	-3,843,480	-	-%
May 07, 2024	ASSETMARK, INC	added	22.75	376,824	1,645,800	-%
May 07, 2024	Tranquility Partners, LLC	added	49.1	202,501	554,367	0.21%
May 07, 2024	Cornerstone Planning Group LLC	unchanged	-	-1,753	33,434	0.01%
May 07, 2024	Empowered Funds, LLC	added	124	1,954,740	3,383,400	0.03%
May 07, 2024	PFG Advisors	added	2.06	82,538	1,135,430	0.08%
May 07, 2024	Meeder Advisory Services, Inc.	added	3.78	53,033	602,034	0.06%
May 07, 2024	NorthRock Partners, LLC	added	20.47	126,930	592,024	0.05%
May 07, 2024	Headlands Technologies LLC	new	-	146,814	146,814	0.04%

Are Funds Buying or Selling IT?

Are funds buying IT calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own IT

No. of Funds

Unveiling Gartner Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2024	bamco inc /ny/	5.38%	4,194,808	SC 13G/A
Feb 13, 2024	vanguard group inc	11.44%	8,913,578	SC 13G/A
Jan 26, 2024	blackrock inc.	7.8%	6,110,636	SC 13G
Feb 14, 2023	bamco inc /ny/	5.95%	4,704,260	SC 13G/A
Feb 10, 2023	polen capital management llc	3.5%	2,750,755	SC 13G/A
Feb 09, 2023	vanguard group inc	11.50%	9,088,343	SC 13G/A
Feb 03, 2023	blackrock inc.	7.9%	6,228,961	SC 13G/A
Feb 14, 2022	generation investment management llp	2.68%	2,207,146	SC 13G/A
Feb 14, 2022	bamco inc /ny/	6.20%	5,102,750	SC 13G/A
Feb 10, 2022	vanguard group inc	11.06%	9,095,452	SC 13G/A

Recent SEC filings of Gartner Inc

View All Filings

Date Filed	Form Type	Document
May 08, 2024	144	Notice of Insider Sale Intent
May 07, 2024	4	Insider Trading
Apr 30, 2024	10-Q	Quarterly Report
Apr 30, 2024	8-K	Current Report
Apr 16, 2024	ARS	ARS
Apr 16, 2024	DEF 14A	DEF 14A
Apr 16, 2024	DEFA14A	DEFA14A
Apr 03, 2024	4	Insider Trading
Apr 03, 2024	4	Insider Trading
Apr 03, 2024	4	Insider Trading

Peers (Alternatives to Gartner Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
ACN	196.3B	64.6B	-5.95%	18.43%	27.92	3.04	2.26%	1.32%
IBM	155.8B	62.1B	-10.52%	40.17%	19.04	2.51	2.45%	346.26%
CTSH	33.7B	19.3B	-4.70%	9.88%	16.09	1.74	-0.58%	-9.32%
CDW	29.6B	21.1B	-13.39%	31.26%	27.14	1.4	-7.67%	-0.37%
BR	22.4B	6.3B	-7.05%	24.82%	32.79	3.55	8.37%	28.40%
MID-CAP
CACI	9.4B	7.3B	11.78%	38.99%	24.01	1.29	10.28%	6.24%
EXLS	5.0B	1.7B	2.84%	1.42%	27.5	3	12.34%	15.10%
ASGN	4.6B	4.4B	0.74%	55.35%	21.99	1.05	-5.37%	-17.11%
DXC	3.6B	13.9B	-4.70%	-12.30%	-7.82	0.26	-6.57%	-164.76%
XRX	1.7B	6.7B	-21.88%	-8.93%	-9.14	0.25	-6.72%	6.15%
SMALL-CAP
CTG	1.7B	302.0M	13.51%	1590.82%	2.8K	4.93	-16.01%	-96.16%
GDYN	841.7M	312.6M	-6.38%	28.96%	372.94	2.69	-2.04%	106.54%
CNDT	781.5M	3.7B	14.03%	30.38%	-2.64	0.21	-2.41%	-62.64%
DMRC	481.1M	36.9M	-8.72%	12.38%	-11.39	13.02	20.62%	24.62%
CSPI	130.8M	61.7M	-28.43%	9.04%	31.38	2.12	2.22%	29.66%

Gartner Inc News

Latest updates

Gartner Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-7.1%	1,473	1,586	1,409	1,503	1,409	1,505	1,332	1,377	1,263	1,306	1,156	1,167	1,104	1,113	995	973	1,019	1,203	1,001	1,071	970
Costs and Expenses	-6.7%	1,199	1,285	1,164	1,220	1,001	1,172	1,078	1,079	1,045	1,121	926	893	879	935	907	873	894	1,067	931	955	922
S&GA Expenses	-2.0%	690	704	661	680	657	645	613	605	618	667	513	488	487	526	522	495	497	558	512	515	519
EBITDA Margin	-9.8%	0.22*	0.25*	0.25*	0.25*	0.26*	0.24*	0.23*	0.23*	0.26*	0.27*	0.28*	0.24*	-	-	-	-	-	-	-	-	-
Interest Expenses	-67.4%	19.00	59.00	22.00	25.00	27.00	35.00	30.00	30.00	31.00	33.00	32.00	27.00	26.00	28.00	31.00	30.00	26.00	29.00	24.00	25.00	25.00
Income Taxes	-28.6%	49.00	69.00	44.00	66.00	85.00	47.00	59.00	71.00	43.00	-32.26	50.00	108	51.00	37.00	-2.80	4.00	22.00	43.00	12.00	-12.40	0.00
Earnings Before Taxes	-6.4%	260	277	224	264	381	304	232	276	215	177	199	379	215	156	14.00	59.00	97.00	111	53.00	91.00	21.00
EBT Margin	-11.6%	0.17*	0.19*	0.20*	0.21*	0.21*	0.19*	0.17*	0.17*	0.20*	0.20*	0.21*	0.17*	-	-	-	-	-	-	-	-	-
Net Income	0.9%	211	209	180	198	296	257	174	205	173	209	149	271	164	120	17.00	55.00	75.00	68.00	41.00	103	21.00
Net Income Margin	-10.6%	0.13*	0.15*	0.16*	0.16*	0.17*	0.15*	0.14*	0.14*	0.16*	0.17*	0.16*	0.13*	-	-	-	-	-	-	-	-	-
Free Cashflow	-15.8%	189	224	331	436	165	203	315	416	168	235	345	575	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	-1.6%	7,710	7,836	7,244	7,356	7,379	7,300	6,526	6,591	6,985	7,416	6,995	7,188	6,938	7,316	6,841	6,810	6,800	7,151	6,737	6,730	6,715
Current Assets	-3.0%	3,326	3,428	2,838	2,899	2,903	2,786	1,980	1,981	2,274	2,620	2,109	2,257	1,998	2,323	1,865	1,767	1,773	2,019	1,707	1,691	1,716
Cash Equivalents	-6.3%	1,236	1,319	1,249	1,173	894	699	529	365	460	756	770	800	446	713	554	357	228	281	307	218	149
Net PPE	-2.4%	257	263	260	259	257	265	256	250	258	274	297	309	323	337	333	344	347	345	301	291	271
Goodwill	-0.1%	2,934	2,937	2,933	2,932	2,930	2,930	2,936	2,943	2,949	2,951	2,953	2,955	2,944	2,946	2,939	2,936	2,928	2,938	19.00	2,930	2,907
Liabilities	-2.3%	6,992	7,155	6,678	6,769	6,906	7,072	6,591	6,733	6,867	7,045	6,660	6,661	6,046	6,226	5,803	5,819	5,910	6,213	5,818	5,766	5,858
Current Liabilities	-3.6%	3,640	3,778	3,313	3,337	3,454	3,598	3,086	3,178	3,260	3,379	2,905	2,910	2,812	2,947	2,522	2,539	2,530	2,857	2,527	2,482	2,569
Long Term Debt	0.3%	2,457	2,449	2,450	2,451	2,452	2,454	2,455	2,456	2,456	2,457	2,458	2,458	1,949	1,958	1,957	1,937	2,035	2,044	2,052	2,059	2,095
LT Debt, Current	-100.0%	-	10.00	10.00	9.00	8.00	8.00	7.00	7.00	6.00	6.00	5.00	5.00	21.00	21.00	21.00	38.00	149	140	130	121	205
LT Debt, Non Current	0.3%	2,457	2,449	2,450	2,451	2,452	2,454	2,455	2,456	2,456	2,457	2,458	2,458	1,949	1,958	1,957	1,937	2,035	2,044	2,052	2,059	2,095
Shareholder's Equity	5.5%	718	681	567	587	473	228	-	-	118	371	335	528	892	1,090	1,038	991	890	939	920	964	857
Retained Earnings	4.4%	4,950	4,739	4,531	4,351	4,153	3,857	3,600	3,426	3,222	3,049	2,840	2,691	2,420	2,255	2,136	2,119	2,064	1,989	1,921	1,880	1,776
Additional Paid-In Capital	2.3%	2,374	2,320	2,291	2,259	2,223	2,180	2,162	2,137	2,108	2,075	2,055	2,032	2,003	1,969	1,960	1,942	1,923	1,899	1,885	1,869	1,853
Shares Outstanding	-0.8%	78.00	79.00	79.00	79.00	79.00	80.00	79.00	81.00	82.00	85.00	84.00	87.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	26,800	-	-	-	18,600	-	-	-	19,700	-	-	-	10,500	-	-	-	14,100	-

Cashflow (Last 12 Months)

(In Millions)

Cashflow (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-15.8%	189	224	331	436	165	203	315	416	168	235	345	575	157	260	244	343	56.00	83.00	220	227	36.00
Share Based Compensation	97.9%	51.00	26.00	27.00	32.00	45.00	13.00	21.00	24.00	32.00	17.00	19.00	26.00	36.00	6.00	16.00	16.00	25.00	11.00	13.00	13.00	32.00
Cashflow From Investing	-7.4%	-24.66	-22.95	-32.25	-28.25	138	-42.99	-36.18	-21.09	-17.29	-18.77	-14.45	-34.73	-12.52	-23.04	-14.98	-21.33	-24.54	-62.89	-36.22	-39.42	-22.35
Cashflow From Financing	-41.9%	-219	-154	-205	-127	-101	-14.01	-92.88	-475	-445	-213	-353	-187	-403	-98.20	-42.27	-207	-68.49	-53.18	-90.68	-118	-23.44
Buy Backs	48.7%	225	151	209	133	107	-29.91	97.00	474	463	260	355	676	410	105	2.00	1.00	63.00	65.00	95.00	2.00	30.00

Get Full Access to Grufity – and Unlimited Downloads

Gain full access to fair value, watchlists, stock screener, unlimited page visits, and additional features by joining as a member today for just $1.99.

Try For Just $1.99

IT Income Statement

2024-03-31

Condensed Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Revenues:
Total revenues	$ 1,472,926	$ 1,408,869
Costs and expenses:
Cost of services and product development	459,441	435,139
Selling, general and administrative	689,833	657,090
Depreciation	26,317	23,896
Amortization of intangibles	22,990	22,735
Acquisition and integration charges	460	1,368
Gain from sale of divested operation	0	(139,316)
Total costs and expenses	1,199,041	1,000,912
Operating income	273,885	407,957
Interest expense, net	(19,219)	(27,391)
Gain on event cancellation insurance claims	0	3,077
Other income (expense), net	4,891	(2,366)
Income before income taxes	259,557	381,277
Provision for income taxes	49,012	85,494
Net income	$ 210,545	$ 295,783
Net income per share:
Basic (in dollars per share)	$ 2.69	$ 3.72
Diluted (in dollars per share)	$ 2.67	$ 3.68
Weighted average shares outstanding:
Basic (in shares)	78,339	79,452
Diluted (in shares)	78,964	80,282
Research
Revenues:
Total revenues	$ 1,268,172	$ 1,217,191
Conferences
Revenues:
Total revenues	70,069	64,642
Consulting
Revenues:
Total revenues	$ 134,685	$ 127,036

IT Balance Sheet

2024-03-31

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 1,235,801	$ 1,318,999
Fees receivable, net of allowances of $9,000 for both periods	1,565,960	1,601,228
Deferred commissions	350,725	380,479
Prepaid expenses and other current assets	173,785	127,180
Total current assets	3,326,271	3,427,886
Property, equipment and leasehold improvements, net	256,536	262,718
Operating lease right-of-use assets	352,400	366,809
Goodwill	2,934,398	2,937,260
Intangible assets, net	477,701	501,958
Other assets	362,504	339,288
Total Assets	7,709,810	7,835,919
Current liabilities:
Accounts payable and accrued liabilities	844,274	1,127,604
Deferred revenues	2,796,016	2,640,515
Current portion of long-term debt	0	9,600
Total current liabilities	3,640,290	3,777,719
Long-term debt, net of deferred financing fees	2,456,877	2,448,696
Operating lease liabilities	491,182	513,406
Other liabilities	403,287	415,464
Total Liabilities	6,991,636	7,155,285
Stockholders’ Equity
Preferred stock, $0.01 par value, 5,000,000 shares authorized; none issued or outstanding	0	0
Common stock, $0.0005 par value, 250,000,000 shares authorized; 163,602,067 shares issued for both periods	82	82
Additional paid-in capital	2,373,501	2,320,289
Accumulated other comprehensive loss, net	(82,386)	(76,331)
Accumulated earnings	4,949,837	4,739,292
Treasury stock, at cost, 85,390,263 and 85,264,526 common shares, respectively	(6,522,860)	(6,302,698)
Total Stockholders’ Equity	718,174	680,634
Total Liabilities and Stockholders’ Equity	$ 7,709,810	$ 7,835,919

About Gartner Inc

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. The Conferences segment offers business professionals in an organization the opportunity to learn, share, and network. The Consulting segment offers market 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.

CEO	Mr. Eugene A. Hall
WEBSITE	gartner.com
INDUSTRY	IT Services
EMPLOYEES	20104

Gartner Inc Frequently Asked Questions

What is the ticker symbol for Gartner Inc? What does IT stand for in stocks?

IT is the stock ticker symbol of Gartner Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Gartner Inc (IT)?

As of Wed May 08 2024, market cap of Gartner Inc is 33.7 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of IT stock?

You can check IT's fair value in chart for subscribers.

What is the fair value of IT stock?

You can check IT's fair value in chart for subscribers. The fair value of Gartner Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Gartner Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for IT so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Gartner Inc a good stock to buy?

The fair value guage provides a quick view whether IT is over valued or under valued. Whether Gartner Inc is cheap or expensive depends on the assumptions which impact Gartner Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for IT.

What is Gartner Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed May 08 2024, IT's PE ratio (Price to Earnings) is 42.27 and Price to Sales (PS) ratio is 5.64. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. IT PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Gartner Inc's stock?

In the past 10 years, Gartner Inc has provided 0.201 (multiply by 100 for percentage) rate of return.