Double Moving Average Crossover
|Bid||119.01 x 800|
|Ask||119.08 x 800|
|Day's Range||118.94 - 121.36|
|52 Week Range||76.91 - 171.78|
|Beta (5Y Monthly)||1.47|
|PE Ratio (TTM)||37.74|
|Earnings Date||Jul 28, 2020 - Aug 03, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Jul 19, 1999|
|1y Target Est||128.50|
While companies have cut back on marketing budgets due to COVID-19, 73% of CMOs expect the pandemic’s negative impact to be short lived, with a positive outlook for business performance in the 18-24 months, according to Gartner’s CMO Spend Survey 2020. In fact, CMOs report they expect to increase investments across major channels and resource areas in 2021. Gartner warns that this outlook may be overly optimistic.
The technology sector is comprised of businesses that sell goods and services in electronics, software, computers, artificial intelligence, and other industries related to information technology (IT).
Gartner, Inc. (NYSE:IT) ("Gartner," "we" or "our") announced the pricing of its upsized offering of $800 million 4.500% Senior Notes due 2028 (the "Notes"), which represents an increase of $300 million of Notes from the previously announced amount. Subject to customary closing conditions, Gartner anticipates that the offering of the Notes will be completed on June 22, 2020 and intends to use the net proceeds from the offering of the Notes, together with cash on hand, to (i) repay a portion of the outstanding borrowings under the term loan A facility, (ii) repay all outstanding borrowings under the existing revolving credit facility, each under Gartner’s senior secured credit facility, and (iii) pay related fees and expenses. There can be no assurance that the proposed offering of the Notes will be completed.
Gartner, Inc. (NYSE:IT) ("Gartner," "we" or "our") announced today that it has commenced an unregistered offering of $500 million in aggregate principal amount of Senior Notes due 2028 (the "Notes"). Gartner intends to use the net proceeds from the offering of the Notes, together with cash on hand, to (i) repay a portion of the outstanding borrowings under the term loan A facility, (ii) repay all outstanding borrowings under the existing revolving credit facility, each under Gartner’s senior secured credit facility, and (iii) pay related fees and expenses. There can be no assurance that the proposed offering of the Notes will be completed.
Before we spend countless hours researching a company, we like to analyze what insiders, hedge funds and billionaire investors think of the stock first. This is a necessary first step in our investment process because our research has shown that the elite investors' consensus returns have been exceptional. In the following paragraphs, we find out […]
The coronavirus outbreak wrecked broad swaths of the global economy in the first quarter as governments pursued extreme measures to combat the spread of the disease. With tens of millions of people around the world losing their jobs, buying a new smartphone simply isn't a priority, particularly compared to essential items.
Gartner, Inc. (NYSE: IT), the world’s leading research and advisory company, today announced that Craig Safian, Executive Vice President and Chief Financial Officer, will present at the William Blair 2020 Growth Stock Conference.
Gartner, Inc. (NYSE: IT), the world's leading research and advisory company, today announced that its 2020 Annual Meeting of Stockholders has been changed to a virtual only meeting due to the public health concerns of the COVID-19 (Coronavirus) pandemic. In light of this change, stockholders will not be able to attend the Annual Meeting in person this year. The Annual Meeting will be held on Monday, June 8, 2020 at 10:00 a.m., EDT, as previously scheduled.
Good day,Gartner, Inc. released the results from its annual Supply Chain Top 25, identifying supply chain leaders and highlighting their best practices.Cisco Systems scored the top spot in the ranking, followed by Colgate-Palmolive, Johnson & Johnson, Schneider Electric, and Nestlé. Six new companies joined this year's list – Lenovo, AbbVie, British American Tobacco, Reckitt Benckiser, Biogen, and Kimberly-Clark.Three key trends stand out this year for the companies that made the list, Gartner said in a press release. They use a "language of purpose," recognize that problem solving requires partnership with others in the community and were early and frequent adopters of digital technologies.Did you know?Gross margins for truckload activity managed by 3PLs declined 210 basis points in the first quarter of 2020 compared to a year ago. Intermodal margins were down 140 basis points while less-than-truckload margins dropped 10.Via FreightWaves Quotable"People now understand how critical it is for us to get our goods. When we're standing in line waiting to get toilet paper and paper towels, they now start to understand a little bit about the role the ports and everybody in the supply chain play in getting goods and actually where those goods are manufactured."– Michele Grubbs, vice president of the Pacific Merchant Shipping Association, via FreightWavesIn other news:Clean incentives fuel California's new gold rushThe state offers one of every three of the approximately 300 incentive programs in the U.S. and Canada that cover vehicles, infrastructure and renewable fuels. (Fleetowner)Democratic senators call on regulators to investigate potential Uber-Grubhub dealA merger between Uber Eats and Grubhub would combine two of the three largest food delivery application providers and raise competition issues in many markets around the country, lawmakers said. (The Hill)Robots rule a city under lockdownMilton Keynes, a town near London with a population of 270,000 and a vast network of bicycle paths, is well-suited to Starship Technologies' rolling robots (New York Times)Bid farewell to Softbank's $100 billion technology Vision FundThe fund lost $10 billion in value in the first quarter of this year alone and is now worth less than what backers invested in it. (BusinessInsider)Final thoughts,The pandemic has triggered worker protests demanding that Amazon offer more paid sick time and temporarily shut warehouses with infections. Helping guide these protests are labor groups and unions eager to gain access to the e-giant after years of failed attempts to unionize its operations, Reuters reports. Although the odds are slim of organizing the Amazon workforce, unions are helping workers leverage media and public opinion to force the company to change some of its practices.Hammer down, everyone!See more from Benzinga * TIA report: Broker Gross Margin Way Down In Q1 From A Year Earlier * Portfolio value from your 3PL; why assets really matter (with video) * Crisis cash: Leasebacks Could Help Struggling Fleets Stay Solvent(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Worldwide IT spending is projected to total $3.4 trillion in 2020, a decline of 8% from 2019, according to the latest forecast by Gartner, Inc. The coronavirus pandemic and effects of the global economic recession are causing CIOs to prioritize spending on technology and services that are deemed "mission-critical" over initiatives aimed at growth or transformation.
It's been a good week for Gartner, Inc. (NYSE:IT) shareholders, because the company has just released its latest...
Shares of Gartner (NYSE: IT), a research and advisory company, were climbing today following the release of the company's first-quarter 2020 financial results. Gartner's sales increased 5% in the first quarter, to $1 billion, but it was the company's earnings beat that sparked investors' optimism. Gartner reported non-GAAP earnings per share of $1.20, which blew past analysts' consensus estimate of $0.33.
Gartner (IT) delivered earnings and revenue surprises of 263.64% and -1.60%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
Gartner, Inc. (NYSE: IT), the world's leading research and advisory company, today reported results for the first quarter of 2020 and updated its financial outlook for the full year 2020. Additional information regarding the Company's results is provided in an earnings supplement available on the Company's Investor Relations website at https://investor.gartner.com.