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IT

351.99USD-4.28(-1.20%)Market Closed

Gartner Inc

Market Summary

USD351.99-4.28Market Closed
-1.20%

IT Alerts

IT Stock Price

RSI Chart

Valuation

Market Cap

23.9B

Price/Earnings

32.47

Price/Sales

4.68

Price/Cashflow

20.54

MarketCap/EBT

27.55

Price/Sales

Profitability

EBT Margin

16.99%

Return on Equity

-514.93%

Return on Assets

11.16%

Fundamentals

Revenue

Revenue (TTM)

5.3B

Revenue Y/Y

15.19%

Revenue Q/Q

-3.24%

Earnings

Earnings (TTM)

760.3M

Earnings Y/Y

16.58%

Earnings Q/Q

-15.31%

Price Action

52 Week Range

221.39357.40
(Low)(High)

Last 7 days

2.8%

Last 30 days

10.5%

Last 90 days

21.8%

Trailing 12 Months

10.5%

Financial Health

Current Ratio

0.62

Investor Care

Buy Backs (1Y)

3.91%

Diluted EPS (TTM)

9.27

Peers (Alternatives to Gartner)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
319.9B
21.6B
12.58% 12.93%
32.98
14.79
21.63% 34.86%
43.2B
4.7B
10.78% 7.11%
30.01
9.12
12.54% 17.95%
35.6B
16.3B
24.78% -64.52%
-72.87
2.19
2.24% -185.26%
23.9B
5.3B
10.51% 10.51%
32.47
4.68
16.23% 8.03%
14.4B
8.8B
0.34% 27.98%
27.18
1.63
10.51% -10.41%
MID-CAP
8.9B
4.3B
-3.43% -7.64%
25.93
2.1
- -
6.9B
15.4B
2.49% -5.50%
12.68
0.43
-8.73% 94.10%
5.4B
4.7B
10.74% -12.30%
6.04
1.1
-7.70% 1.95%
2.6B
725.5M
-2.29% 8.02%
30.71
3.83
50.90% 903.77%
SMALL-CAP
884.8M
3.9B
9.40% -19.73%
8.27
0.22
-5.47% 11000.00%
694.8M
293.9M
10.21% 13.04%
15.31
2.37
9.71% 83.69%
601.3M
2.0B
-48.20% -75.18%
-2.68
0.3
-6.20% 49.90%
549.4M
268.8M
53.57% -46.78%
-65.73
2.13
35.40% 108.62%
264.5M
281.7M
- -35.31%
14.79
0.93
2.55% 41.96%

Financials for Gartner

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Revenue3.4%5,2775,1024,8934,7344,540
  S&GA Expenses4.2%2,5032,4032,2862,1562,014
Earnings Before Taxes3.8%900867970970949
Net Income3.4%760736802794704
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Assets-1.0%6,5266,5916,9857,4166,995
  Current Assets-0.1%1,9801,9812,2742,6202,109
    Cash Equivalents46.7%529360456756766
  Net PPE2.3%256250258274297
  Goodwill-0.2%2,9362,9432,9492,9512,953
Liabilities-2.1%6,5916,7336,8677,0456,660
  Current Liabilities-2.9%3,0863,1783,2603,3792,905
    LT Debt, Current6.8%77665
    LT Debt, Non Current0.0%2,4552,4562,4562,4572,458
Shareholder's Equity54.6%-64.93-142.87118371335
  Retained Earnings5.1%3,6003,4263,2223,0492,840
  Additional Paid-In Capital1.2%2,1622,1372,1082,0752,055
Accumulated Depreciation-381----
Shares Outstanding-2.1%808284--
* denotes actual numbers (not divided by Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Cashflow From Operations-2.6%1,1331,1631,3231,3121,338
  Share Based Compensation1.7%9493959988
Cashflow From Investing-30.4%-93.34-71.60-85.24-80.47-84.74
Cashflow From Financing17.5%-1,226.85-1,487.92-1,199.84-1,157.61-1,042.38
  Buy Backs-17.2%1,2431,5021,7081,6561,539

Risks

What is the probability of a big loss on IT?

57.3%


Probability that Gartner stock will be more than 20% underwater in next one year

29.2%


Probability that Gartner stock will be more than 30% underwater in next one year.

18.5%


Probability that Gartner stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does IT drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Gartner was unfortunately bought at previous high price.

Returns

Cumulative Returns on IT

22.5%


10-Year Cumulative Returns

21.2%


7-Year Cumulative Returns

24.0%


5-Year Cumulative Returns

30.7%


3-Year Cumulative Returns

What are the long-term rolling returns for IT?

FIve years rolling returns for Gartner.

Which funds bought or sold IT recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-23
Aurora Investment Counsel
NEW
-
1,029,000
1,029,000
0.78%
2022-11-23
Toroso Investments, LLC
ADDED
4.76
152,000
919,000
0.04%
2022-11-23
Eagle Bay Advisors LLC
ADDED
17.23
35,366
135,000
0.08%
2022-11-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
NEW
-
2,058,000
2,058,000
0.02%
2022-11-22
CVA Family Office, LLC
ADDED
24.14
15,000
50,000
0.01%
2022-11-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
REDUCED
-2.9
3,654,000
36,593,000
0.06%
2022-11-21
ST GERMAIN D J CO INC
UNCHANGED
-
-
352,000
0.02%
2022-11-21
FourThought Financial, LLC
REDUCED
-80.95
-59,000
17,000
-%
2022-11-18
Industrial Alliance Investment Management Inc.
NEW
-
2,731,000
2,731,000
0.08%
2022-11-18
National Pension Service
REDUCED
-4.21
3,394,000
36,088,000
0.07%

1–10 of 46

Latest Funds Activity

Are funds buying IT calls or puts?
Are funds bullish or bearish(Calls - Puts)?
No. of funds that own IT

Gartner News

The Motley Fool

3 Stocks Billionaires Have Bought Ahead of 2023.14 hours ago

IT Fair Value

Gartner fair value in different scenarios

The table shows the Fair Value estimates for Gartner for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

142.83

-59.42%

213.21

-39.43%

282.11

-19.85%

403.05

14.51%

489.67

39.11%

Current Inflation

128.82

-63.40%

188.44

-46.46%

244.85

-30.44%

347.54

-1.26%

419.53

19.19%

Very High Inflation

111.71

-68.26%

159.04

-54.82%

201.64

-42.71%

283.56

-19.44%

339.31

-3.60%

Historical Gartner Fair Value Estimates


Recent SEC filings of Gartner

View All Filings
Date Filed Form Type Document
Nov 28, 2022
4
Insider Trading
Nov 22, 2022
4
Insider Trading
Nov 17, 2022
4
Insider Trading
Nov 16, 2022
4
Insider Trading
Nov 14, 2022
4
Insider Trading
Nov 10, 2022
4
Insider Trading
Nov 10, 2022
4
Insider Trading
Nov 08, 2022
4
Insider Trading
Nov 04, 2022
4
Insider Trading
Nov 04, 2022
4
Insider Trading

Latest Insider Trading transactions for IT

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-11-30
Safian Craig
ACQUIRED
2,995.65
332.85
9
EVP & CFO
2022-11-30
HALL EUGENE A
ACQUIRED
5,658.45
332.85
17
CEO
2022-11-30
Kranich Robin B
ACQUIRED
5,658.45
332.85
17
EVP & CHRO
2022-11-30
Sribar Valentin
ACQUIRED
5,658.45
332.85
17
SVP, Research & Advisory
2022-11-30
Dawkins Alwyn
ACQUIRED
5,658.45
332.85
17
EVP, Global Business Sales
2022-11-23
Hensel Scott
SOLD
-197,046
345.09
-571
EVP Global Services & Delivery
2022-11-18
Kranich Robin B
SOLD
-433,760
334.95
-1,295
EVP & CHRO
2022-11-15
Genovese Yvonne
SOLD FOR TAXES
-45,689.4
338.44
-135
EVP, Global Product Management
2022-11-15
Allard Kenneth
SOLD
-176,135
342.01
-515
EVP & CMO
2022-11-15
Genovese Yvonne
SOLD
-59,634.8
340.77
-175
EVP, Global Product Management

1–10 of 50

Eugene A. Hall
16600
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.

IT Income Statement

2022-09-30
Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenues:    
Total revenues$ 1,331,868$ 1,156,282$ 3,971,129$ 3,427,639
Costs and expenses:    
Cost of services and product development416,837359,2371,218,4051,044,506
Selling, general and administrative613,031512,5731,835,8461,488,324
Depreciation22,88225,37168,99376,972
Amortization of intangibles24,36927,10974,27183,777
Acquisition and integration charges1,3311,7715,8273,713
Total costs and expenses1,078,450926,0613,203,3422,697,292
Operating income253,418230,221767,787730,347
Interest expense, net(30,286)(31,599)(91,399)(85,138)
Gain on event cancellation insurance claims000135,545
Other income, net8,93021146,68412,019
Income before income taxes232,062198,833723,072792,773
Provision for income taxes58,51749,968172,087208,572
Net income$ 173,545$ 148,865$ 550,985$ 584,201
Net income per share:    
Basic (in dollars per share)$ 2.19$ 1.78$ 6.84$ 6.80
Diluted (in dollars per share)$ 2.17$ 1.76$ 6.77$ 6.72
Weighted average shares outstanding:    
Basic (in shares)79,25983,56680,51685,877
Diluted (in shares)80,05984,76681,37386,925
Research    
Revenues:    
Total revenues$ 1,147,823$ 1,037,124$ 3,426,532$ 3,020,094
Conferences    
Revenues:    
Total revenues77,03124,415200,910107,396
Consulting    
Revenues:    
Total revenues$ 107,014$ 94,743$ 343,687$ 300,149

IT Balance Sheet

2022-09-30
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current assets:  
Cash and cash equivalents$ 528,687$ 756,493
Fees receivable, net of allowances of $7,500 and $6,500, respectively1,047,1401,365,180
Deferred commissions269,310380,569
Prepaid expenses and other current assets135,118117,838
Total current assets1,980,2552,620,080
Property, equipment and leasehold improvements, net256,176273,562
Operating lease right-of-use assets460,910548,258
Goodwill2,936,1402,951,317
Intangible assets, net603,833714,418
Other assets288,640308,689
Total Assets6,525,9547,416,324
Current liabilities:  
Accounts payable and accrued liabilities848,9101,134,814
Deferred revenues2,229,6482,238,035
Current portion of long-term debt7,3355,931
Total current liabilities3,085,8933,378,780
Long-term debt, net of deferred financing fees2,454,8532,456,833
Operating lease liabilities614,442697,766
Other liabilities435,692511,887
Total Liabilities6,590,8807,045,266
Stockholders’ (Deficit) Equity  
Preferred stock, $0.01 par value, 5,000,000 shares authorized; none issued or outstanding00
Common stock, $0.0005 par value, 250,000,000 shares authorized; 163,602,067 shares issued for both periods8282
Additional paid-in capital2,161,9402,074,896
Accumulated other comprehensive loss, net(130,548)(81,431)
Accumulated earnings3,600,0123,049,027
Treasury stock, at cost, 84,433,523 and 81,205,504 common shares, respectively(5,696,412)(4,671,516)
Total Stockholders’ (Deficit) Equity(64,926)371,058
Total Liabilities and Stockholders’ (Deficit) Equity$ 6,525,954$ 7,416,324