Gartner (NYSE:IT – Get Free Report) is scheduled to release its earnings data before the market opens on Tuesday, April 30th. Analysts expect Gartner to post earnings of $2.53 per share for the quarter. Gartner has set its FY 2024 guidance at 10.550- EPS.Investors interested in registering for the company’s conference call can do so using this link.
Gartner (NYSE:IT – Get Free Report) last announced its quarterly earnings results on Tuesday, February 6th. The information technology services provider reported $3.04 EPS for the quarter, beating the consensus estimate of $2.83 by $0.21. The company had revenue of $1.60 billion for the quarter, compared to analyst estimates of $1.59 billion. Gartner had a net margin of 14.94% and a return on equity of 156.35%. The firm’s revenue was up 6.3% on a year-over-year basis. During the same period in the prior year, the firm posted $3.70 earnings per share. On average, analysts expect Gartner to post $11 EPS for the current fiscal year and $13 EPS for the next fiscal year.
Gartner Stock Up 0.6 %
Shares of NYSE:IT opened at $443.06 on Tuesday. The firm has a 50 day simple moving average of $464.91 and a 200-day simple moving average of $436.38. Gartner has a twelve month low of $292.60 and a twelve month high of $486.54. The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 3.60. The company has a market capitalization of $34.55 billion, a PE ratio of 40.06, a P/E/G ratio of 4.02 and a beta of 1.29.
Wall Street Analyst Weigh In
Check Out Our Latest Stock Report on Gartner
Insider Buying and Selling at Gartner
In other news, Director James C. Smith sold 5,000 shares of Gartner stock in a transaction dated Thursday, February 22nd. The shares were sold at an average price of $455.00, for a total value of $2,275,000.00. Following the sale, the director now owns 638,235 shares of the company’s stock, valued at $290,396,925. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In other Gartner news, Director James C. Smith sold 5,000 shares of the stock in a transaction on Thursday, February 22nd. The stock was sold at an average price of $455.00, for a total value of $2,275,000.00. Following the completion of the transaction, the director now owns 638,235 shares in the company, valued at $290,396,925. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Valentin Sribar sold 682 shares of the business’s stock in a transaction on Friday, February 16th. The stock was sold at an average price of $453.00, for a total transaction of $308,946.00. Following the sale, the executive vice president now owns 12,269 shares in the company, valued at $5,557,857. The disclosure for this sale can be found here. In the last three months, insiders have sold 22,952 shares of company stock valued at $10,598,070. 3.60% of the stock is owned by company 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.
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