How to Buy Gartner Stock
Gartner Inc
Gartner is a information technology service company located in Connecticut, United States, which is part of the Technology sector, and is traded under the ticker IT on the NYSE exchange.
Gartner stock last closed at $414.48, down 3.1% from the previous day, and has increased 21.01% in one year. It has overperformed other stocks in the Information Technology Services industry by 0.11 percentage points. Gartner stock is currently +28.08% from its 52-week low of $323.61, and -14.81% from its 52-week high of $486.54.
As of May 30, 2024, there are 77.63M IT shares outstanding. The market value of IT is $32.18B. In the last 24 hours, 660,602 IT shares were traded.
How to Buy Gartner Stock
Wondering how to invest in Gartner stock? Here's how.
- Figure out where to buy Gartner stock: You need to decide on an online brokerage, but don't worry - we've researched dozens of online brokerages and apps to help you choose where to buy Gartner stock.
- Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Fund your brokerage account: Pick your method of payment and add your info.
- Research Gartner stock: The Gartner ticker symbol is IT. Is Gartner stock a good investment? Should you buy shares of IT? How do IT's underlying business fundamentals look? Do top analysts think Gartner is a good buy? Why has IT's stock price moved recently? (Hint: Our stock research tools can help you evaluate if IT is a good stock to buy).
- Make your IT purchase: Decide if you will purchase IT shares at the current market price or use a limit order to buy IT stock at a specific price.
- Get key alerts regarding your investment in IT: Create a watchlist to important notifications about your investment in Gartner stock.
Step 1: Figure out where to buy Gartner stock
You need a brokerage account in order to access the NYSE market and buy IT shares.
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Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've chosen your brokerage, you need to fill out some personal information so you are able to invest in IT today.
How to Start a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
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Step 3: Fund your brokerage account
Now that you've opened your account on a good online stock trading app, you can securely and quickly fund your account:
Watch the walkthrough below if you need help depositing money into your brokerage account.
Step 4: Research Gartner stock
Once you have figured out the best place to buy Gartner stock, it's critical to analyze their stock prior to buying, so you truly understand the risk as well as the opportunity.
Overview of key IT info
IT Due Diligence Checks
WallStreetZen was built to help average investors do more accurate fundamental analysis quickly.
You can view all of the due diligence checks on IT's stock page.
Is IT stock properly valued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge IT's fair value.
Using relative valuations metrics:
- IT may be overvalued based on its P/E ratio of 40.92x, relative to Information Technology Services industry P/E ratio of 26.49x
- IT may be overvalued based on its P/B ratio of 44.8x, relative to Information Technology Services industry P/B ratio of 4.35x
- IT could be overvalued based on its PEG ratio of 8.3x
You can access more valuation analysis on IT's stock here.
A quick look at IT Financials
Pros:
- IT earnings of $1.15B is not enough to cover its interest payments.
- IT's operating cash flow of $1.18B allows it to safely service it's debt of $2.95B.
Cons:
- There are more long-term liabilities than short-term assets on the IT balance sheet.
- IT has a relatively high debt to equity ratio of 9.74.
- There are more short-term liabilities than short-term assets on the IT balance sheet.
- Total IT debt is higher than 5 years ago, relative to shareholder equity.
- IT profit margin has gone down from 16.6% to 13.4% in the past year.
Is Gartner stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 3 Equities analysts who track IT, the consensus analyst rating on IT is a Buy
It's important to keep in mind that analyst ratings are not stock recommendations, nor are they financial advice.
You can dig deeper into what analysts are forecasting on the Gartner stock forecast page.
IT Technical Indicators
IT Performance Metrics
Last year, IT earnings were $797.23M. Over the last 5 year, IT's earnings have increased by 41.28% per year. This was faster than the Information Technology Services industry average of 7.68%.
Last year, IT revenue was $5.97B. During the last 5 year, IT's revenue has grown by 8.44% per year. This was faster than the Information Technology Services industry average of 7.69%.
You can analyze IT's earnings and revenue performance here.
Are IT insiders buying or selling the stock?
In the last 12 months, insiders at IT have sold more shares than they have bought.
Alwyn Dawkins, EVP Global Business Sales of IT, was the latest IT insider to sell. They sold $363,656.00 worth of IT shares on May 22, 2024.
Research more about who owns IT shares here.
Can I rely on IT as an income stream?
No, Gartner doesn't provide an income stream by paying out dividends.
Get analysis from other investors
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Step 5: Make your IT purchase
You have two main order types:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are usually fine for most investors. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at a particular price limit, place a limit order.
Click the Open button and your broker will execute the order.
If you need additional help with investing in stocks on eToro, click the helpful video below:
Step 6: Get key alerts regarding your investment in IT
Now that you own some IT shares, you'll want to stay up-to-date on your new shares.
Add IT to a watchlist to track your IT stock.
IT Feed
How to Buy Stock in Gartner
To reiterate, here are the 6 steps for buying Gartner stock:
- Figure out where to buy Gartner stock
- Sign up for a brokerage account
- Fund your brokerage account
- Research Gartner stock
- Make your IT purchase
- Get key alerts regarding your investment in IT
If you need a place to buy stocks, eToro is our recommended option.
Get Started with eToro TodayIf you want to get the latest scoop on your investment in Gartner, hit the button below to create your watchlist.
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