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 highest price target was 142, implying potential capital gains of 10.91 percent. The minimum price target given was 112, implying potential capital losses of -12.52 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.

Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is -5.59 percent. 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.

People are often interested in whether analysts were united in the direction of their revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts revised their estimates downwards. Also over the last month, 2 analysts increased their estimates for the FY earnings, compared to 0 analysts that revised their FY estimates downwards.

The growth rate of IT's earnings is estimated by analysts to be 61.16 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. 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. People often look for the PEG ratio to be under 1, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of IT is 0.97.

In the last 52-weeks, IT has achieved a high of 130.02 and a low of 84.54. The current market price is above the trailing year's low by 51.44 percent, and 1.53 percent below the 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 stock has a market capitalization of $11.58 billion. IT's next earnings release will be on 0000-00-00, which is days away.