Gartner (NYSE:IT) Releases FY 2025 Earnings Guidance

Gartner (NYSE:IT) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 11.450- for the period, compared to the consensus estimate of 13.080. The company issued revenue guidance of $6.6 billion-, compared to the consensus revenue estimate of $6.7 billion.

Analyst Ratings Changes

A number of equities analysts have issued reports on IT shares. Wells Fargo & Company reduced their price objective on shares of Gartner from $470.00 to $460.00 and set an “underweight” rating on the stock in a research note on Friday, January 10th. StockNews.com lowered Gartner from a “buy” rating to a “hold” rating in a research report on Tuesday. Deutsche Bank Aktiengesellschaft upped their price objective on Gartner from $529.00 to $531.00 and gave the company a “hold” rating in a report on Wednesday, November 6th. Robert W. Baird raised their target price on Gartner from $579.00 to $605.00 and gave the stock an “outperform” rating in a report on Wednesday. Finally, Barclays raised Gartner from an “equal weight” rating to an “overweight” rating and upped their price target for the company from $525.00 to $600.00 in a research note on Friday, January 10th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat.com, Gartner has a consensus rating of “Hold” and a consensus target price of $552.63.

Gartner Stock Down 1.4 %

Shares of IT traded down $7.92 on Wednesday, hitting $539.24. The company’s stock had a trading volume of 62,483 shares, compared to its average volume of 458,378. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 2.31. The firm has a market capitalization of $41.59 billion, a price-to-earnings ratio of 39.79, a P/E/G ratio of 3.37 and a beta of 1.34. The firm’s fifty day moving average price is $508.97 and its 200-day moving average price is $505.61. Gartner has a fifty-two week low of $411.15 and a fifty-two week high of $584.01.

Gartner (NYSE:IT) last issued its quarterly earnings data on Tuesday, February 4th. The information technology services provider reported $5.45 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.22 by $2.23. Gartner had a net margin of 17.33% and a return on equity of 118.27%. The company had revenue of $1.72 billion during the quarter, compared to the consensus estimate of $1.69 billion. During the same quarter in the prior year, the firm earned $3.04 earnings per share. The firm’s revenue was up 8.1% compared to the same quarter last year. On average, equities research analysts expect that Gartner will post 11.87 EPS for the current year.

Insider Buying and Selling at Gartner

In other news, EVP William James Wartinbee III sold 189 shares of Gartner stock in a transaction that occurred on Friday, December 6th. The shares were sold at an average price of $523.54, for a total value of $98,949.06. Following the sale, the executive vice president now directly owns 7,311 shares in the company, valued at $3,827,600.94. This trade represents a 2.52 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Claire Herkes sold 411 shares of the stock in a transaction on Wednesday, November 27th. The stock was sold at an average price of $521.24, for a total transaction of $214,229.64. Following the transaction, the executive vice president now owns 1,494 shares of the company’s stock, valued at $778,732.56. The trade was a 21.57 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 25,583 shares of company stock valued at $13,884,374 in the last 90 days. 3.60% of the stock is currently owned by company insiders.

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.