Gartner Inc
General ticker "IT" information:
- Sector: Information Technology
- Industry: IT Services
- Capitalization: $39.6B
Gartner Inc follows the US Stock Market performance with the rate: 71.8%.
Estimated limits based on current volatility of 1.5%: low 479.18$, high 494.42$
Factors to consider:
- Company included in S&P500 list
- US and Canada accounted for 66.2% of revenue in the fiscal year ended 2023-12-31
- Price in estimated range
- Earnings for 9 months up through Q3 are below our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2023-12-31 to 2025-12-30
- 2023-12-31 to 2024-12-30 estimated range: [379.85$, 555.60$]
- 2024-12-30 to 2025-12-30 estimated range: [428.18$, 618.80$]
Financial Metrics affecting the IT estimates:
- Positive: Non-GAAP EPS, $ of 11.33 > 2.29
- Negative: Industry operating cash flow per share per price (median), % of 3.68 <= 3.85
- Negative: Interest expense per share, $ of 1.68 > 0.74
- Positive: Operating profit margin, % of 20.47 > 19.51
Short-term IT quotes
Long-term IT plot with estimates
Financial data
| YTD | 2021-12-31 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|
| Operating Revenue | $4,733.96MM | $5,475.85MM | $6,042.37MM |
| Operating Expenses | $3,818.21MM | $4,375.74MM | $4,805.47MM |
| Operating Income | $915.75MM | $1,100.11MM | $1,236.89MM |
| Non-Operating Income | $54.12MM | $-72.91MM | $-89.77MM |
| Interest Expense | $116.64MM | $121.30MM | $132.77MM |
| R&D Expense | $1,444.09MM | $1,693.77MM | $47.80MM |
| Income(Loss) | $969.87MM | $1,027.19MM | $1,147.13MM |
| Taxes | $176.31MM | $219.40MM | $264.66MM |
| Profit(Loss) | $793.56MM | $807.80MM | $882.47MM |
| Stockholders Equity | $371.06MM | $227.80MM | $680.63MM |
| Inventory | $0.00MM | $412.12MM | $0.00MM |
| Assets | $7,416.32MM | $7,299.74MM | $7,835.92MM |
| Operating Cash Flow | $1,312.47MM | $1,101.42MM | $1,155.74MM |
| Capital expenditure | $59.83MM | $108.05MM | $103.12MM |
| Investing Cash Flow | $-80.47MM | $-117.56MM | $54.16MM |
| Financing Cash Flow | $-1,157.61MM | $-1,027.44MM | $-588.88MM |
| Earnings Per Share* | $9.33 | $10.08 | $11.17 |
* EPS are Split Adjusted, recent splits may be reflected with a delay.