Gartner (IT) Projected to Post Quarterly Earnings on Tuesday

Gartner (NYSE:IT) is expected to be issuing its Q1 2025 quarterly earnings data before the market opens on Tuesday, May 6th. Analysts expect the company to announce earnings of $2.80 per share and revenue of $1.53 billion for the quarter. Gartner has set its FY 2025 guidance at 11.450- EPS.

Gartner (NYSE:IT) last posted its earnings results on Tuesday, February 4th. The information technology services provider reported $5.45 earnings per share for the quarter, beating the consensus estimate of $3.22 by $2.23. The business had revenue of $1.72 billion for the quarter, compared to analyst estimates of $1.69 billion. Gartner had a net margin of 20.00% and a return on equity of 116.56%. The business’s quarterly revenue was up 8.1% on a year-over-year basis. During the same quarter in the previous year, the business posted $3.04 EPS. On average, analysts expect Gartner to post $13 EPS for the current fiscal year and $14 EPS for the next fiscal year.

Gartner Stock Performance

Gartner stock opened at $427.76 on Friday. The company has a debt-to-equity ratio of 1.81, a quick ratio of 1.06 and a current ratio of 1.06. Gartner has a one year low of $366.05 and a one year high of $584.01. The stock’s 50 day moving average price is $429.83 and its 200 day moving average price is $485.40. The firm has a market capitalization of $32.86 billion, a PE ratio of 26.68, a price-to-earnings-growth ratio of 3.30 and a beta of 1.26.

Analyst Upgrades and Downgrades

IT has been the topic of several analyst reports. Robert W. Baird cut their target price on Gartner from $605.00 to $557.00 and set an “outperform” rating on the stock in a research report on Friday, March 21st. UBS Group cut their price target on shares of Gartner from $565.00 to $500.00 and set a “buy” rating on the stock in a report on Tuesday, March 25th. The Goldman Sachs Group reissued a “buy” rating on shares of Gartner in a report on Tuesday, February 4th. Barclays cut their target price on shares of Gartner from $510.00 to $475.00 and set an “overweight” rating on the stock in a research note on Monday, April 21st. Finally, Wells Fargo & Company decreased their price target on Gartner from $401.00 to $400.00 and set an “underweight” rating for the company in a research note on Thursday. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and five have issued a buy rating to the company. According to data from MarketBeat, Gartner currently has an average rating of “Hold” and an average target price of $513.50.

Insiders Place Their Bets

In other Gartner news, SVP John J. Rinello sold 90 shares of the firm’s stock in a transaction that occurred on Monday, February 10th. The shares were sold at an average price of $530.51, for a total value of $47,745.90. Following the sale, the senior vice president now owns 3,259 shares in the company, valued at approximately $1,728,932.09. This trade represents a 2.69 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Eileen Serra sold 1,200 shares of the business’s stock in a transaction that occurred on Monday, February 24th. The stock was sold at an average price of $489.77, for a total value of $587,724.00. Following the transaction, the director now owns 1,627 shares of the company’s stock, valued at approximately $796,855.79. This represents a 42.45 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 3.60% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Gartner stock. Brighton Jones LLC bought a new stake in shares of Gartner, Inc. (NYSE:IT) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 637 shares of the information technology services provider’s stock, valued at approximately $309,000. 91.51% of the stock is currently owned by institutional investors and hedge funds.

Gartner Company Profile

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.