Grufity logoGrufity logo
StocksFundsSearch Filings

Gartner Inc Stock Research

IT

345.01USD+4.77(+1.40%)Market Closed

Market Summary

USD345.01+4.77
Market Closed
1.40%

IT Alerts

IT Stock Price

IT RSI Chart

IT Valuation

Market Cap

25.3B

Price/Earnings (Trailing)

31.36

Price/Sales (Trailing)

4.63

EV/EBITDA

18.31

Price/Free Cashflow

23

IT Price/Sales (Trailing)

IT Profitability

EBT Margin

18.76%

Return on Equity

354.61%

Return on Assets

11.07%

Free Cashflow Yield

4.35%

IT Fundamentals

IT Revenue

Revenue (TTM)

5.6B

Revenue Y/Y

11.57%

Revenue Q/Q

-6.37%

IT Earnings

Earnings (TTM)

931.1M

Earnings Y/Y

71.45%

Earnings Q/Q

15.17%

Price Action

52 Week Range

221.39357.40
(Low)(High)

Last 7 days

0.5%

Last 30 days

12.8%

Last 90 days

3.4%

Trailing 12 Months

28.5%

IT Financial Health

Current Ratio

0.77

IT Investor Care

Buy Backs (1Y)

5.15%

Diluted EPS (TTM)

11.57

Peers (Alternatives to Gartner)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
356.2B
22.8B
-0.31% 3.09%
36.87
15.61
14.69% 1.79%
39.7B
4.9B
2.40% -11.33%
26.44
8.08
9.46% -19.19%
38.0B
18.6B
6.98% -27.42%
-70.35
2.17
12.05% -340.94%
25.3B
5.6B
12.80% 28.48%
31.36
4.63
14.91% 16.10%
13.7B
9.1B
10.97% 20.21%
31.84
1.51
11.83% -25.03%
MID-CAP
6.9B
4.4B
-11.19% -16.26%
18.98
1.57
- -
5.5B
14.8B
8.99% -26.84%
7.64
0.37
-10.79% 217.70%
4.4B
4.4B
1.37% -32.84%
5.75
1.01
-13.15% -16.16%
2.8B
763.1M
12.69% 12.83%
31.93
3.64
20.92% 44.05%
SMALL-CAP
709.9M
3.8B
12.26% -39.59%
-2.19
0.19
-6.52% -372.27%
601.2M
286.2M
14.83% -51.17%
46.84
2.15
19.60% -31.85%
599.8M
289.3M
4.33% -5.16%
12.6
2.04
-0.58% -15.83%
265.7M
2.0B
-3.53% -66.50%
-2.51
0.13
2.93% 35.91%
251.6M
292.2M
2.36% -22.04%
13.76
0.86
2.95% 7.35%

Financials for Gartner

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Revenue2.7%5,6225,4765,2775,1024,893
  S&GA Expenses1.6%2,5202,4812,5032,4032,286
Costs and Expenses-1.0%4,3314,3764,3244,1723,985
EBITDA14.9%1,3451,1711,1411,245-
EBITDA Margin10.8%0.25*0.22*0.22*0.25*-
Earnings Before Taxes16.2%1,1931,027900867970
EBT Margin10.0%0.19*0.17*0.17*0.20*-
Interest Expenses-3.2%122126125126124
Net Income15.3%931808760736802
Net Income Margin2.4%0.15*0.14*0.14*0.16*-
Free Cahsflow-2.8%1,1011,1331,1631,323-
Balance Sheet
(In Millions)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Assets1.1%7,3797,3006,5266,5916,985
  Current Assets4.2%2,9032,7861,9801,9812,274
    Cash Equivalents28.0%894698529360456
  Net PPE-2.9%257265256250258
  Goodwill0.0%2,9302,9302,9362,9432,949
Liabilities-2.3%6,9067,0726,5916,7336,867
  Current Liabilities-4.0%3,4543,5983,0863,1783,260
    LT Debt, Current7.7%8.008.007.007.006.00
    LT Debt, Non Current-0.1%2,4522,4542,4552,4562,456
Shareholder's Equity107.6%473228118--
  Retained Earnings7.7%4,1533,8573,6003,4263,222
  Additional Paid-In Capital2.0%2,2232,1802,1622,1372,108
Shares Outstanding-1.3%79.0080.0082.00--
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Cashflow From Operations-0.3%1,0981,1011,1331,1631,323
  Share Based Compensation14.3%10391.0094.0093.0095.00
Cashflow From Investing131.8%37.00-117-93.34-71.60-85.24
Cashflow From Financing33.5%-683-1,027-1,226-1,487-1,199
  Buy Backs-34.9%6511,0001,2501,5091,711

Risks for IT

What is the probability of a big loss on IT?

65%


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

30.4%


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.

Drawdowns

Returns for IT

Cumulative Returns on IT

20.0%


10-Year Cumulative Returns

19.0%


7-Year Cumulative Returns

21.1%


5-Year Cumulative Returns

39.6%


3-Year Cumulative Returns

What are the long-term rolling returns for IT?

FIve years rolling returns for Gartner.

Annualized Returns

Which funds bought or sold IT recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-06-01
MACQUARIE GROUP LTD
added
34.71
444,191
1,896,650
-%
2023-05-31
MBM Wealth Consultants, LLC
unchanged
-
-1,000
26,000
0.01%
2023-05-26
ProShare Advisors LLC
added
23.86
789,611
4,730,180
0.01%
2023-05-23
Front Row Advisors LLC
unchanged
-
-1,000
15,000
0.01%
2023-05-23
Toroso Investments, LLC
added
202
2,275,000
3,452,000
0.06%
2023-05-22
Raleigh Capital Management Inc.
added
13.33
1,488
16,614
0.01%
2023-05-22
FDx Advisors, Inc.
unchanged
-
-
25,057,000
1.09%
2023-05-22
AMERIPRISE FINANCIAL INC
reduced
-19.26
-9,645,930
34,710,100
0.01%
2023-05-22
PUTNAM INVESTMENTS LLC
reduced
-8.11
-19,351,400
157,397,000
0.25%
2023-05-22
Arete Wealth Advisors, LLC
unchanged
-
-1,809,700,000
1,756,000
0.14%

1–10 of 44

Latest Funds Activity

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

Gartner News

msnNOW
BadFellas – Did businessman Patrick Monyeki bribe then SARS ....
msnNOW,
100 minutes ago
Daily Maverick
Nanalyze
StockNews.com
HRO Today
MEA Roundup May June 2023.
HRO Today,
32 hours ago
The Motley Fool

Schedule 13G FIlings of Gartner

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
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
Feb 10, 2022
polen capital management llc
5.6%
4,579,209
SC 13G/A
Feb 01, 2022
blackrock inc.
7.6%
6,273,247
SC 13G/A
Feb 16, 2021
price t rowe associates inc /md/
0.5%
466,051
SC 13G/A

IT Fair Value

Show Fair-Value

Recent SEC filings of Gartner

View All Filings
Date Filed Form Type Document
Jun 02, 2023
4
Insider Trading
Jun 02, 2023
4
Insider Trading
Jun 02, 2023
4
Insider Trading
Jun 02, 2023
4
Insider Trading
Jun 02, 2023
4
Insider Trading
Jun 02, 2023
8-K
Current Report
May 31, 2023
4
Insider Trading
May 31, 2023
4
Insider Trading
May 31, 2023
4
Insider Trading
May 31, 2023
4
Insider Trading

Latest Insider Trading transactions for IT

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-05-26
Herkes Claire
acquired
275,837
180
1,527
evp, conferences
2023-05-26
Kranich Robin B
sold
-239,533
342
-700
evp & chro
2023-05-26
Herkes Claire
sold (taxes)
-114,992
343
-335
evp, conferences
2023-05-26
Dawkins Alwyn
sold (taxes)
-720,846
343
-2,100
evp, global business sales
2023-05-26
Dawkins Alwyn
acquired
914,080
114
8,000
evp, global business sales
2023-05-26
HALL EUGENE A
back to issuer
-3,122,640
343
-9,097
ceo
2023-05-26
Dawkins Alwyn
back to issuer
-914,101
343
-2,663
evp, global business sales
2023-05-26
Herkes Claire
sold
-1,167,890
344
-3,394
evp, conferences
2023-05-26
Herkes Claire
back to issuer
-275,981
343
-804
evp, conferences
2023-05-26
HALL EUGENE A
acquired
3,122,610
114
27,329
ceo

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

2023-03-31
Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Revenues:  
Total revenues$ 1,408,869$ 1,262,740
Costs and expenses:  
Cost of services and product development435,139377,033
Selling, general and administrative657,090617,904
Depreciation23,89623,201
Amortization of intangibles22,73525,148
Acquisition and integration charges1,3682,207
Gain from sale of divested operation(139,316)0
Total costs and expenses1,000,9121,045,493
Operating income407,957217,247
Interest expense, net(27,391)(31,394)
Gain on event cancellation insurance claims3,0770
Other (expense) income, net(2,366)29,206
Income before income taxes381,277215,059
Provision for income taxes85,49442,544
Net income$ 295,783$ 172,515
Net income per share:  
Basic (in dollars per share)$ 3.72$ 2.10
Diluted (in dollars per share)$ 3.68$ 2.08
Weighted average shares outstanding:  
Basic (in shares)79,45282,020
Diluted (in shares)80,28282,973
Research  
Revenues:  
Total revenues$ 1,217,191$ 1,136,380
Conferences  
Revenues:  
Total revenues64,64210,354
Consulting  
Revenues:  
Total revenues$ 127,036$ 116,006

IT Balance Sheet

2023-03-31
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Current assets:  
Cash and cash equivalents$ 893,512$ 697,999
Fees receivable, net of allowances of $8,000 and $9,000, respectively1,523,4411,556,786
Deferred commissions343,716363,079
Prepaid expenses and other current assets142,650119,207
Assets held-for-sale049,036
Total current assets2,903,3192,786,107
Property, equipment and leasehold improvements, net256,863264,581
Operating lease right-of-use assets415,074436,592
Goodwill2,929,9412,930,211
Intangible assets, net564,138584,714
Other assets309,597297,531
Total Assets7,378,9327,299,736
Current liabilities:  
Accounts payable and accrued liabilities838,7841,115,198
Deferred revenues2,607,0722,443,762
Current portion of long-term debt8,4007,800
Liabilities held-for-sale030,840
Total current liabilities3,454,2563,597,600
Long-term debt, net of deferred financing fees2,452,3692,453,607
Operating lease liabilities575,963597,267
Other liabilities423,486423,464
Total Liabilities6,906,0747,071,938
Stockholders’ Equity  
Preferred stock, $0.01 par value, 5,000,000 shares authorized; none issued or outstanding00
Common stock, $0.0005 par value, 250,000,000 shares authorized; 163,602,067 shares issued for both periods8282
Additional paid-in capital2,222,5112,179,604
Accumulated other comprehensive loss, net(95,910)(101,610)
Accumulated earnings4,152,6093,856,826
Treasury stock, at cost, 84,109,645 and 84,428,513 common shares, respectively(5,806,434)(5,707,104)
Total Stockholders’ Equity472,858227,798
Total Liabilities and Stockholders’ Equity$ 7,378,932$ 7,299,736