Gartner (IT) to Release Quarterly Earnings on Tuesday

Gartner (NYSE:IT) will issue its quarterly earnings data before the market opens on Tuesday, November 5th. Analysts expect the company to announce earnings of $2.45 per share for the quarter. Parties that are interested in registering for the company’s conference call can do so using this link.

Gartner Price Performance

Shares of NYSE:IT opened at $503.69 on Friday. Gartner has a fifty-two week low of $332.59 and a fifty-two week high of $535.29. The business has a 50-day simple moving average of $508.33 and a two-hundred day simple moving average of $471.46. The company has a debt-to-equity ratio of 3.80, a quick ratio of 0.90 and a current ratio of 0.90. The firm has a market cap of $38.81 billion, a price-to-earnings ratio of 47.97, a price-to-earnings-growth ratio of 3.12 and a beta of 1.32.

Analyst Ratings Changes

IT has been the subject of a number of recent analyst reports. Robert W. Baird boosted their target price on Gartner from $517.00 to $565.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 31st. Wells Fargo & Company upped their price target on shares of Gartner from $435.00 to $460.00 and gave the company an “underweight” rating in a research report on Monday, October 14th. UBS Group upped their price target on shares of Gartner from $510.00 to $580.00 and gave the company a “buy” rating in a research report on Wednesday, July 31st. BMO Capital Markets upped their price target on shares of Gartner from $450.00 to $510.00 and gave the company a “market perform” rating in a research report on Wednesday, July 31st. Finally, Bank of America upped their price target on shares of Gartner from $525.00 to $580.00 and gave the company a “buy” rating in a research report on Wednesday, July 31st. One analyst has rated the stock with a sell rating, four have issued a hold rating and three have given a buy rating to the company. According to MarketBeat.com, Gartner currently has an average rating of “Hold” and a consensus target price of $532.86.

Insider Buying and Selling

In other Gartner news, CEO Eugene A. Hall sold 34,060 shares of the company’s stock in a transaction that occurred on Thursday, September 12th. The stock was sold at an average price of $505.40, for a total value of $17,213,924.00. Following the completion of the transaction, the chief executive officer now directly owns 1,143,401 shares in the company, valued at $577,874,865.40. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. In other Gartner news, CEO Eugene A. Hall sold 34,060 shares of the company’s stock in a transaction that occurred on Thursday, September 12th. The stock was sold at an average price of $505.40, for a total value of $17,213,924.00. Following the completion of the transaction, the chief executive officer now directly owns 1,143,401 shares in the company, valued at $577,874,865.40. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Karen E. Dykstra sold 1,683 shares of the company’s stock in a transaction that occurred on Monday, August 5th. The stock was sold at an average price of $465.55, for a total value of $783,520.65. Following the completion of the transaction, the director now owns 19,825 shares of the company’s stock, valued at $9,229,528.75. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 51,582 shares of company stock valued at $25,743,407. 3.60% of the stock is owned by corporate insiders.

About Gartner

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.