$513.59
arrow_drop_up0.03%Is IT a Buy or Sell based on AI Analysis?
Fundamental Analysis
Gartner Inc (symbol: IT) demonstrates strong financial health with a market capitalization of $36.62 billion and robust revenue growth of 7.87%. The company's return on equity stands at an impressive 194.28%, indicating efficient utilization of shareholder funds. Additionally, Gartner Inc exhibits solid operating margins of 19.16%, reflecting effective cost management strategies. The company's high price to book ratio of 54.01 suggests investor optimism regarding future growth prospects, while its price to free cash flow ratio of 34.92 highlights the company's ability to generate substantial free cash flow relative to its market value. Moreover, Gartner Inc boasts a strong balance sheet with assets amounting to $7.84 billion and a manageable debt to equity ratio of 4.51. The company's net debt to assets ratio of 0.95 indicates a conservative level of leverage, reducing financial risk. Furthermore, Gartner Inc's free cash flow to assets ratio of 0.13 demonstrates the company's ability to generate cash flow from its operational activities relative to its total assets. With a net income of $882.47 million and earnings growth averaging 9.24% year over year, Gartner Inc showcases consistent profitability and sustainable growth potential. Additionally, the company's insider ownership value of 3.18% and institutional ownership value of 93.4% reflect strong confidence among key stakeholders in the company's long-term prospects.
Positive Development
Gartner Inc. is a strong player in the Technology sector and continues to innovate and drive progress within the industry. The company has been recognized as a leader in various reports and surveys, including the Gartner Magic Quadrant for iPaaS, indicating strong performance in the market. Gartner's stock underperformed in certain days, but it still managed to increase its stock price in other days.
Negative Development
The company's stock underperformed in some days despite daily gains. Despite the company's strong performance in the market, the stock underperformed compared to its competitors. Gartner's long-term debt is relatively high, which could be a potential concern for investors.
Technical Analysis
Gartner Inc (IT) currently has a technical rating of SELL based on various indicators such as RSI, CCI, WILLR, and STOCHRSI. The stock's price closed at $469.74, showing a slight decrease of -$1.74 from the previous close. The technical analysis also shows that there are more sell indicators than buy or hold indicators for the stock in the current month, indicating a possible bearish trend. Additionally, the stock's performance over the last six months has been significant, with a price change percentage of 34.03%. On the other hand, Gartner Inc's technical analysis also reveals that the stock has a beta of 1.29, indicating that it is slightly more volatile than the market. The stock sector, Technology, has experienced a 28.66% change in the past year, whereas the stock market as a whole has seen a 52.78% change during the same period. With a cumulative multiple of 8 and a shares outstanding of 77.97M, Gartner Inc has shown a steady growth potential. The company's technical analysis also highlights the various technical indicators being used to assess the stock's performance, with the most recent updates indicating a bearish trend in the market.
Conclusion and recommendation
Based on the data provided, Gartner Inc (symbol: IT) is currently rated as a sell according to technical indicators. The company's stock price has seen a slight decrease, with a delta price of -$1.74 and a delta price percent of -0.37%. However, Gartner Inc has shown strong financial performance with a 37.58% increase in the fifty-two-week price change percent and a return on equity of 194.28%. The company also has a solid market cap of $36.62B and a healthy revenue growth rate of 7.87%. In conclusion, despite the current sell rating based on technical indicators, Gartner Inc shows promising financial performance and growth potential. The company's strong return on equity and revenue growth indicate a sound financial position and potential for future success. Investors may want to consider further research and analysis before making investment decisions, taking into account factors such as the company's market score, industry score, and sector score. Overall, Gartner Inc appears to be a company with solid fundamentals and growth prospects in the technology sector.