Triple Moving Average Crossover
|Bid||123.63 x 800|
|Ask||123.88 x 800|
|Day's Range||122.31 - 123.95|
|52 Week Range||76.91 - 171.78|
|Beta (5Y Monthly)||1.48|
|PE Ratio (TTM)||39.11|
|Earnings Date||Jul 28, 2020 - Aug 03, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Jul 19, 1999|
|1y Target Est||109.13|
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), 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.
CLGX vs. IT: Which Stock Is the Better Value Option?
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.
Baron Asset Fund recently published its first-quarter commentary – a copy of which can be downloaded here. During the first quarter of 2020, the Baron Asset Fund returned -16.63% (institutional shares). In comparison, the benchmark S&P 500 Index was down 19.60%, while the Russell Midcap Growth Index was down 20.04%. In the said letter, Baron Asset […]
Gartner (IT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Gartner, Inc. (NYSE: IT), the world’s leading research and advisory company, will report its financial results for first quarter 2020 before the market opens on Thursday, May 7, 2020. The press release and earnings supplement, with accompanying financial information, will be posted on the Gartner investor website at https://investor.gartner.com.
(Bloomberg) -- Infosys Ltd. refrained from projecting full-year revenue for the first time in years, joining a growing list of businesses around the world struggling to assess the fallout of Covid-19.The Indian company said it couldn’t offer a forecast until visibility into the pandemic improves, at a time the novel coronavirus is boosting demand for IT services but also disrupting the tech outsourcer’s ability to serve clients. Infosys reported a 6.1% rise in net income to 43.2 billion rupees ($564 million) for the March quarter. Sales rose 8% from a year ago to 232.7 billion rupees.Covid-19 will negatively impact revenue by 5%-10%, said D.D. Mishra, senior director analyst at researcher Gartner Inc. “Infosys has exposure to both BFSI and manufacturing verticals, which generate more than 40% of revenues and global disruptions in both will impact its revenues in the coming quarters,” he said, referring to banking, financial services and insurance.The pandemic presents a new challenge for Infosys and peers like Tata Consultancy Services Ltd. that were already operating in a difficult environment. They’re serving financial services giants and major global corporations through hundreds of thousands of workers logged in from their homes, after India ordered the world’s biggest lockdown to curtail the spread of Covid-19.“93% of our workforce is currently working from home.” said Infosys’ Chief Operating Officer Pravin Rao. “We are in no hurry to get employees back to offices. Our first phase of returns, when it happens, will likely get 5% employees returning, and in the next phase will total about 15%.”Last week, TCS reported a 1% slip in quarterly profit, while smaller rival Wipro Ltd. refrained from predicting its software-services revenue. India’s $181-billion IT services industry builds software and provides services to some of the world’s biggest banks and retailers. Before the pandemic, those companies had grappled with rapid technological changes that were hastening automation and bringing about shifts in their technology needs.Read more: World’s Back Office Rushes to Stay Online in India LockdownInfosys shares rose 3.9% to 653.30 rupees at the close in Mumbai before the earnings were announced. It’s American depository shares fell 2% to $8.4 at 10:39 a.m. in New York.(Updates with comment from analyst in third paragraph)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.