Analyst Ratings for Gartner Inc. (IT)

Updated: 2017-07-29

Analysts covering Gartner Inc. (NYSE:IT) have given it a consensus rating of Overweight. IT had previously received a consensus rating of Overweight a month ago.

Of the 11 analysts covering the stock, 6 gave it a buy rating, 1 issued an overweight rating, 4 issued a hold rating, 0 issued an underweight rating, and 0 issued a sell rating. Compared to three months ago, there has been an increase of 0 in the number of analysts with a positive outlook on the stock. During this time, the number of analysts bearish on the stock has increased by 0.

IT was given price targets by several analysts. The most optimistic price target was 142, which equates to a potential upside of 10.91 percent. The most pessimistic analyst gave a price target of 112, implying a possible loss of -12.52 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. That number becomes -5.59 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0.14 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 6.62 percent in FY estimates.

Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 0 analysts increased their quarterly estimates, while 0 analysts revised their estimates downwards. During this time, 2 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts made negative revisions to their fiscal year's estimates.

IT has an estimated earnings growth rate of 61.16 percent as forecasted by analysts. The PEG ratio of a stock is another value frequently studied by investors. Investors like to see smaller values for the PEG ratio, because that is often interpreted as the company being fairly priced relative to its growth rate. PEG ratios below 1 are often considered desirable, but many choose to perform ratio comparisons with other companies in the industry. IT has a PEG ratio of 0.97.

IT has a 52-week high of 130.02 and a 52-week low of 84.54. Currently the stock is 51.44 percent higher than its low, and 1.53 percent lower than its 52-week high. IT has a P/E ratio of 59.55. Investors typically compare the P/E ratio to a company's peers in the industry. The IT value stock report compares IT to some of its peers using value stock charts. The market cap of IT is $11.58 billion. IT's next earnings release will be on 0000-00-00, which is days away.