Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Gartner Inc before investing.

In this article, we go over a few key elements for understanding Gartner Inc’s stock price such as:

• Gartner Inc’s current stock price and volume
• Why Gartner Inc’s stock price changed recently
• Upgrades and downgrades for IT from analysts
• IT’s stock price momentum as measured by its relative strength

About Gartner Inc (IT)

Before we jump into Gartner Inc’s stock price, history, target price and what caused it to recently dip, let’s take a look at some background.

Gartner, Inc. delivers actionable, objective insight to executives and their teams. The Company operates through three segments: Research, Conferences and Consulting. The Research segment delivers independent, objective insight to leaders across an enterprise through subscription services that include on-demand access to published research content, data and benchmarks, and direct access to a network of research experts located around the globe. Gartner Conferences are designed for information technology (IT) and business executives as well as decision makers looking to adapt and evolve their organizations through disruption and uncertainty, navigate risks and prioritize investments. The Consulting segment serves chief information officers and other senior executives to optimize technology investments and drive business impact. The Company also provides solutions for a range of IT-related priorities, including IT cost optimization, digital transformation, and IT sourcing optimization.

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Gartner Inc’s Stock Price as of Market Close

As of April 30, 2024, 4:00 PM, CST, Gartner Inc’s stock price was $412.59.

Gartner Inc is down 8.04% from its previous closing price of $448.65.

During the last market session, Gartner Inc’s stock traded between $445.90 and $453.35. Currently, there are 78.36 million shares of Gartner Inc stock available for purchase.

Gartner Inc’s price-earnings (P/E) ratio is currently at 40.5, which is high compared to the IT Services & Consulting industry median of 26.6. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Gartner Inc Stock Price History

Gartner Inc’s (IT) price is currently down 13.44% so far this month.

During the month of April, Gartner Inc’s stock price has reached a high of $478.82 and a low of $411.15.

Over the last year, Gartner Inc has hit prices as high as $486.54 and as low as $295.43. Year to date, Gartner Inc’s stock is up 22.74%.

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What Caused Gartner Inc Stock’s Price to Dip?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of April 29, 2024, there were 3 analysts who downgraded Gartner Inc’s stock and 0 analysts who upgraded over the last month.

Additionally, you'll want to evaluate Gartner Inc’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Gartner Inc’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Gartner Inc’s current valuation based on AAII’s Value Grade is a F, which means it is considered to be Ultra Expensive.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Gartner Inc (IT) by visiting AAII Stock Evaluator.

Relative Price Strength of Gartner Inc

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of April 29, 2024, Gartner Inc has a weighted four-quarter relative price strength of 2.77%, which translates to a Momentum Score of 73 and is considered to be Strong.

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Gartner Inc Stock Price: Bottom Line

As of April 30, 2024, Gartner Inc’s stock price is $412.59, which is down 8.04% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Gartner Inc stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

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