News headlines about Gartner (NYSE:IT) have been trending positive recently, Accern Sentiment Analysis reports. Accern identifies positive and negative media coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Gartner earned a news sentiment score of 0.28 on Accern’s scale. Accern also assigned press coverage about the information technology services provider an impact score of 46.1658197409768 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Here are some of the news articles that may have impacted Accern Sentiment’s rankings:
- Pega Receives Highest Scores in Two Use Cases in Gartner’s Critical Capabilities for the CRM Customer Engagement Center (streetinsider.com)
- Inpixon Recognized in Gartner Report as a Representative Vendor – Business Wire (press release) (businesswire.com)
- Gartner: by 2020, AI will create more jobs than it eliminates (mactech.com)
- Saviynt included in the 2017 Gartner Magic Quadrant for Cloud Access Security Brokers (markets.financialcontent.com)
- Polen Capital Management Has Lifted Position in Gartner (IT) by $12.31 Million as Stock Price Rose; Shareholder … – Hill Country Times (hillcountrytimes.com)
Several research firms have issued reports on IT. Goldman Sachs Group began coverage on shares of Gartner in a research report on Wednesday, November 8th. They set a “buy” rating and a $146.00 price target on the stock. Robert W. Baird reaffirmed a “buy” rating and set a $135.00 price target on shares of Gartner in a research report on Friday, November 3rd. BMO Capital Markets reaffirmed a “buy” rating and set a $132.00 price target on shares of Gartner in a research report on Wednesday, October 4th. Zacks Investment Research raised shares of Gartner from a “hold” rating to a “buy” rating and set a $139.00 price target on the stock in a research report on Monday, October 16th. Finally, Piper Jaffray Companies reaffirmed a “hold” rating and set a $105.00 price target on shares of Gartner in a research report on Thursday, August 31st. Five analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. The company currently has an average rating of “Buy” and a consensus price target of $132.60.
Shares of Gartner (NYSE:IT) traded up $0.65 on Wednesday, hitting $123.74. 97,780 shares of the stock traded hands, compared to its average volume of 666,687. The company has a market capitalization of $11,160.00, a price-to-earnings ratio of -363.94, a PEG ratio of 2.25 and a beta of 1.05. Gartner has a 52 week low of $90.37 and a 52 week high of $130.02. The company has a debt-to-equity ratio of 3.38, a current ratio of 0.73 and a quick ratio of 0.73.
Gartner (NYSE:IT) last issued its quarterly earnings data on Thursday, November 2nd. The information technology services provider reported $0.65 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.52 by $0.13. The company had revenue of $828.09 million for the quarter, compared to analyst estimates of $826.09 million. Gartner had a negative net margin of 1.25% and a positive return on equity of 57.60%. The company’s revenue was up 44.3% on a year-over-year basis. During the same period in the prior year, the firm earned $0.58 earnings per share. sell-side analysts expect that Gartner will post 3.43 EPS for the current year.
Gartner, Inc is an information technology research and advisory company. The Company works with clients to research, analyze and interpret the business of information technology (IT), supply chain and marketing within the context of their individual roles. It operates in three segments: Research, Consulting and Events.
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