Consider Our Overview Before Taking a Position in IT

During the morning session, Gartner moved -1.57%, compared to -0.15% for the S&P 500.

Gartner, Inc, officially known as Gartner, is a global research and advisory firm providing information, advice, and tools for leaders in IT, finance, HR, customer service and support, communications, legal and compliance, marketing, sales, and supply chain functions. Its headquarters are in Stamford, Connecticut, United States. The company is now trading -17.26% away from its average analyst target price of $369.78 per share. The 9 analysts following the stock have set target prices ranging from $318.0 to $405.0, and on average give Gartner a rating of buy.

Over the last year, IT shares have gone up 5.49%, which represents a difference of 16.76% 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. Based on Gartner's average gross margins growth of 13.41% over the last four years, its core business remains strong and the stock price may maintain this level of performance.

Date Reported Revenue (k) Cost of Revenue (k) Gross Margin YoY Growth
2022-12-31 $5,479,129 $4,421,061 19.31% 11.04%
2021-12-31 $4,676,647 $3,863,279 17.39% 78.18%
2020-12-31 $3,994,622 $3,604,871 9.76% 29.61%
2019-12-31 $4,181,242 $3,866,371 7.53% -51.76%
2018-12-31 $4,277,893 $3,610,242 15.61% 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.