(VIANEWS) – Gartner (NYSE: IT) shares increased 16.77% to EUR394.21 at 23:19 EST on Friday after two consecutive sessions of gains. Meanwhile, the NYSE experienced an increase of 1.25% to EUR15,524.05, continuing this upward trend during today’s trading session.
Gartner closed at EUR337.59 last Thursday, which represents 10.66% below its 52-week high of EUR377.88.
About Gartner
Gartner, Inc. is an industry-leading research and advisory company operating globally through three segments: Research, Conferences, and Consulting. Gartner’s Research segment offers subscription-based access to research content, data, benchmarks and direct access to our experts, while Conferences provide business professionals the chance to learn, share experiences, network and participate in discussions about current events or share what has worked well in their careers. Conferences offer business professionals an opportunity to network and gain new skills; Conferences offer learning, sharing, networking opportunities. Gartner Consulting services include market research as well as custom analysis as on-the-ground support services including IT cost optimization, digital transformation and IT sourcing optimization. Founded in 1979 Gartner has its headquarters located in Stamford Connecticut.
Yearly Analysis
Gartner’s stock seems to be performing well according to this data. It has recently traded above its 52-week high and anticipated sales growth for this and next year looks promising, at 7.3% and 7.8% respectively – suggesting revenue should increase and thus higher profits for Gartner.
Gartner’s EBITDA of 89.11 is another encouraging indicator, signaling that it is producing significant profits due to strong sales or efficient operations – both of which provide investors with significant returns.
Overall, investors may view Gartner as an appealing investment opportunity based on this information alone; however, further investigation and study should be performed prior to making any definitive investment decisions.
Technical Analysis
Gartner’s stock has been performing exceptionally well, as evidenced by its current price of EUR410.75 which stands well above both its 50-day and 200-day moving averages of EUR347.95 and EUR336.44, respectively. Furthermore, its most recent reported volume (1092091) represents 150.31% above its average volume of 436296; signifying increased trading activity.
Gartner currently experienced intraday variation averages for the past week, month, and quarter of 0.61%, 0.07%, and 0.89% respectively; its highest average weekly volatility amplitudes included 0.64% (last week), 0.93% (month), and 0.89% (quarter).
Gartner stock currently appears to be oversold according to its stochastic oscillator (=20), suggesting it may be undervalued and due for an increase in value.
Gartner stock appears to be in good shape overall, as its current price exceeds both moving averages and the stochastic oscillator’s signals of overselling. Investors should monitor this stock closely, as it could represent an opportunity to purchase shares at lower prices.
Quarter Analysis
Gartner should be approached with caution by investors due to its negative growth estimates for both this quarter and next quarter. Although sales growth of 7.3% for this quarter and 4.9% for next is encouraging, it may not be sufficient to counterbalance those estimates.
Quarter-on-year quarterly revenue growth of 9.2% is encouraging and indicates that revenue has seen consistent increases since last year; however, negative estimates for current and subsequent quarters could suggest that growth may have plateaued or may even be slowing.
Before making any investment decisions in Gartner, investors should carefully assess its growth prospects, risks, and overall financial health. It may be prudent to conduct additional research on its financial statements, industry trends and competitive landscape before making their final investment decision.
Equity Analysis
Based on the provided information, here is a concise investment outlook for Gartner:
Earnings Per Share (EPS): Gartner has posted an earnings per share figure of EUR11.55 over its past 12 month period, showing that they are making significant profits per share.
Price to Earnings Ratio (PE Ratio): Gartner has an extremely high PE Ratio of 34.13 for its trailing twelve month earnings period – suggesting investors are paying an exorbitant premium per euro of annual earnings. Nonetheless, investors should carefully evaluate other valuation metrics and factors as well such as growth prospects and competitive positioning to arrive at an accurate assessment.
Return on Equity (ROE): Gartner has an exceptional annual Return on Equity rate, achieving 416.64% for twelve trailing months – an extremely impressive rate and indicative that they are making significant profits relative to shareholder equity. This demonstrates effective management and can offer strong returns as an investment opportunity.
Gartner may seem costly at first glance, yet their strong profitability metrics show they are performing strongly and may present long-term investors with an excellent opportunity. Before making your final decision on any investment decision it is crucial that extensive research and analysis have been completed first.
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