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 |
