Media headlines about Gartner (NYSE:IT) have trended somewhat positive on Monday, according to Accern Sentiment. Accern rates the sentiment of news coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Gartner earned a news impact score of 0.22 on Accern’s scale. Accern also assigned media headlines about the information technology services provider an impact score of 48.2136258683321 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
These are some of the news stories that may have effected Accern Sentiment Analysis’s scoring:
- Don’t fear AI; use it to your advantage by learning from it (yourstory.com)
- Gartner Inc. 2017 Q4 – Results – Earnings Call Slides (seekingalpha.com)
- Analyzing Barracuda Networks (CUDA) and Gartner (IT) (americanbankingnews.com)
- Comparing Barracuda Networks (CUDA) and Gartner (IT) (americanbankingnews.com)
- Gartner Target of Unusually Large Options Trading (IT) (americanbankingnews.com)
Gartner (NYSE IT) traded up $1.39 during trading on Monday, reaching $116.88. 238,424 shares of the company traded hands, compared to its average volume of 658,509. Gartner has a 1-year low of $100.33 and a 1-year high of $142.16. The stock has a market capitalization of $10,469.28, a PE ratio of 3,895.00, a PEG ratio of 1.78 and a beta of 1.06. The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt-to-equity ratio of 3.38.
Gartner (NYSE:IT) last released its quarterly earnings results on Tuesday, February 6th. The information technology services provider reported $1.17 earnings per share for the quarter, missing the consensus estimate of $1.32 by ($0.15). Gartner had a return on equity of 49.06% and a net margin of 0.10%. The firm had revenue of $1.01 billion for the quarter, compared to analysts’ expectations of $1 billion. During the same quarter last year, the firm posted $0.97 earnings per share. The firm’s revenue for the quarter was up 44.3% compared to the same quarter last year. equities analysts predict that Gartner will post 3.94 EPS for the current fiscal year.
A number of research analysts have recently issued reports on IT shares. TheStreet upgraded shares of Gartner from a “c+” rating to a “b” rating in a report on Tuesday, February 6th. Zacks Investment Research upgraded shares of Gartner from a “hold” rating to a “buy” rating and set a $139.00 price objective for the company in a report on Monday, October 16th. Goldman Sachs Group started coverage on shares of Gartner in a report on Wednesday, November 8th. They set a “buy” rating and a $146.00 price objective for the company. Royal Bank of Canada reiterated a “buy” rating and set a $143.00 price objective on shares of Gartner in a report on Friday, November 3rd. Finally, Robert W. Baird reiterated a “buy” rating and set a $135.00 price objective on shares of Gartner in a report on Friday, November 3rd. Four research analysts have rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Gartner presently has an average rating of “Buy” and an average price target of $134.30.
Gartner, Inc is an information technology research and advisory company. The Company works with clients to research, analyze and interpret the business of information technology (IT), supply chain and marketing within the context of their individual roles. It operates in three segments: Research, Consulting and Events.
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