|Day's Range||113.2700 - 114.4700|
|52 Week Range||84.5400 - 116.4800|
|PE Ratio (TTM)||51.75|
|Dividend & Yield||0.00 (0.00%)|
|1y Target Est||N/A|
Gartner (IT) seems well-positioned for future earnings growth and it is seeing rising earnings estimates as well, coupled with a solid Zacks Rank.
Global semiconductor revenue reached $343.5 billion during 2016, up from 2015's $334.9 billion and 2014's $340.3 billion.
Citing "broad-based weakness" in the April Consumer Price Index, Pimco's U.S. chief economist lowered her 2017 inflation forecast Monday to 2% from 2.3%. Tiffany Wilding writes in a Monday blog post: Unlike in March - when weakness was primarily attributable to the largest-ever monthly decline in wireless services - April's weakness was broad-based, reflecting softness in a range of core goods and services... Negative residual seasonality, which tends to be a drag in the latter half of the year, may be a headwind to our forecast and could further moderate the rate for fourth-quarter 2017 relative to the same quarter last year.