IT

Read Our Investor Brief on Gartner

Technology sector company Gartner posted a -2.1% performance today, while the S&P 500 returned 0.2%.

Gartner, Inc. operates as a research and advisory company in the United States, Canada, Europe, the Middle East, Africa, and internationally. The company is based in Stamford and has 16,600 full time employees. Its market capitalization is $26,387,037,693.

9 analysts are following Gartner and have set target prices ranging from $307.1 to $405 per share. On average, they have given the company a rating of buy. At today's prices, IT is trading -6.85% away from its average analyst target price of $358.46 per share.

Over the last year, IT's share price has increased by 12.6%, which represents a difference of 21.7% when compared to the S&P 500. The stock's 52 week high is $358.25 per share whereas its 52 week low is $221.39. With average free cash flows of $829 Million that have been growing at an average rate of 74.8% over the last three years, Gartner is in a position to continue its strong stock performance trend.

Date Reported Cash Flow from Operations ($ MM) Capital expenditures ($ MM) Free Cash Flow ($ MM) YoY Growth (%)
2021-12-31 1,312 -60 1,253 52.87
2020-12-31 903 -84 819 96.77
2019-12-31 565 -149 416 n/a
The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

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