Gartner, Inc [IT] stock prices are up 1.90% to $509.28 at the moment. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The IT shares have gain 3.62% over the last week, with a monthly amount drifted -0.94%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Gartner, Inc [NYSE: IT] stock has seen the most recent analyst activity on January 10, 2025, when Barclays upgraded its rating to a Overweight and also boosted its price target to $600 from $525. Previously, Wells Fargo started tracking the stock with Underweight rating on August 13, 2024, and set its price target to $435. On April 16, 2024, Deutsche Bank initiated with a Hold rating and assigned a price target of $507 on the stock. UBS upgraded its rating to a Buy and increased its price target to $550 on April 11, 2024. UBS started tracking with a Neutral rating for this stock on June 01, 2023, and assigned it a price target of $368.
The stock price of Gartner, Inc [IT] has been fluctuating between $411.15 and $559.00 over the past year. Currently, Wall Street analysts expect the stock to reach $545.75 within the next 12 months. Gartner, Inc [NYSE: IT] shares were valued at $509.28 at the most recent close of the market. An investor can expect a potential return of 7.16% based on the average IT price forecast.
Analyzing the IT fundamentals
The Gartner, Inc [NYSE:IT] reported sales of 6.14B for trailing twelve months, representing a surge of 5.36%. Gross Profit Margin for this corporation currently stands at 0.67% with Operating Profit Margin at 0.18%, Pretax Profit Margin comes in at 0.22%, and Net Profit Margin reading is 0.17%. To continue investigating profitability, this company’s Return on Assets is posted at 0.14, Equity is 1.37 and Total Capital is 0.26. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 2.73.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 506.06 points at the first support level, and at 502.84 for the second support level. However, for the 1st resistance point, the stock is sitting at 512.18, and for the 2nd resistance point, it is at 515.08.
Ratios To Look Out For
It’s worth pointing out that Gartner, Inc [NYSE:IT]’s Current Ratio is 0.94. Further, the Quick Ratio stands at 0.94, while the Cash Ratio is 0.51. Considering the valuation of this stock, the price to sales ratio is 6.40, the price to book ratio is 37.07 and price to earnings (TTM) ratio is 37.55.
Transactions by insiders
Recent insider trading involved HILLTOP SECURITIES INC., Former Director (Resigned as o, that happened on Jan 02 ’25 when 30000.0 shares were purchased. EVP, Global Product Management, Genovese Yvonne completed a deal on Dec 11 ’24 to sell 173.0 shares. Meanwhile, Officer Genovese Yvonne bought 173.0 shares on Dec 11 ’24.
