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.

Investment analysts gave a few price targets for IT. The highest price target was 142, implying potential capital gains of 10.91 percent. The lowest price target 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.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. 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. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 6.62 percent.

Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts made negative revisions. 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.

The growth rate of IT's earnings is estimated by analysts to be 61.16 percent. Another measure frequently examined by investors is the PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. Wall Street investors typically prefer a PEG ratio to be smaller than 1, but many choose to perform ratio comparisons with other companies in the industry. IT has a PEG ratio of 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 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 will post this quarters earnings in days, on 0000-00-00.