Gartner Stock Price on March 15, 2024

IT Stock  USD 419.04  9.60  2.24%   
Below is the normalized historical share price chart for Gartner extending back to October 05, 1993. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Gartner stands at 419.04, as last reported on the 4th of May, with the highest price reaching 424.24 and the lowest price hitting 414.64 during the day.
IPO Date
4th of October 1993
200 Day MA
410.9756
50 Day MA
462.6556
Beta
1.287
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Gartner Stock, it is important to understand the factors that can impact its price. Gartner holds Efficiency (Sharpe) Ratio of -0.1, which attests that the entity had a -0.1% return per unit of risk over the last 3 months. Gartner exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Gartner's Market Risk Adjusted Performance of (1.27), risk adjusted performance of (0.05), and Standard Deviation of 1.64 to validate the risk estimate we provide.
  
At this time, Gartner's Total Stockholder Equity is comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 8.2 B in 2024, whereas Common Stock Total Equity is likely to drop slightly above 84.9 K in 2024. . At this time, Gartner's Price To Sales Ratio is comparatively stable compared to the past year. Price Book Value Ratio is likely to gain to 54.98 in 2024, whereas Price Cash Flow Ratio is likely to drop 17.22 in 2024. Gartner Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1024

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Estimated Market Risk

 1.64
  actual daily
14
86% of assets are more volatile

Expected Return

 -0.17
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.1
  actual daily
0
Most of other assets perform better
Based on monthly moving average Gartner is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Gartner by adding Gartner to a well-diversified portfolio.
Price Book
53.3182
Enterprise Value Ebitda
25.8608
Price Sales
6.1436
Shares Float
75.1 M
Wall Street Target Price
478.67

Gartner Valuation on March 15, 2024

It is possible to determine the worth of Gartner on a given historical date. On March 15, 2024 Gartner was worth 465.84 at the beginning of the trading date compared to the closed value of 470.97. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Gartner stock. Still, in general, we apply an absolute valuation method to find Gartner's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Gartner where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Gartner's related companies.
 Open High Low Close Volume
  477.00    479.00    468.03    468.94    369,262  
03/15/2024
  465.84    471.30    463.92    470.97    493,569  
  473.23    477.22    472.63    474.75    288,966  
Backtest Gartner  |  Gartner History  |  Gartner Valuation   PreviousNext  
Open Value
465.84
460.93
Downside
470.97
Closing Value
470.75
Upside

Gartner Trading Date Momentum on March 15, 2024

On March 18 2024 Gartner was traded for  474.75  at the closing time. The highest price during the trading period was 477.22  and the lowest recorded bid was listed for  472.63 . The volume for the day was 289 K. This history from March 18, 2024 contributed to the next trading day price appreciation. The trading delta at closing time to the next closing price was 0.80% . The overall trading delta to the current price is 1.41% .

Gartner Fundamentals Correlations and Trends

By evaluating Gartner's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Gartner's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Gartner financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Gartner Stock history

Gartner investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Gartner is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Gartner will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Gartner stock prices may prove useful in developing a viable investing in Gartner
Last ReportedProjected for Next Year
Common Stock Shares Outstanding79.7 M76.6 M
Net Income Applicable To Common Shares929 M975.4 M

Gartner Stock Technical Analysis

Gartner technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Gartner technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Gartner trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Gartner Period Price Range

Low
March 15, 2024
5.13  1.10%
High

 465.84 

     

 470.97 

Gartner May 4, 2024 Market Strength

Market strength indicators help investors to evaluate how Gartner stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Gartner shares will generate the highest return on investment. By undertsting and applying Gartner stock market strength indicators, traders can identify Gartner entry and exit signals to maximize returns

Gartner Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Gartner's price direction in advance. Along with the technical and fundamental analysis of Gartner Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Gartner to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
When determining whether Gartner is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Gartner Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Gartner Stock. Highlighted below are key reports to facilitate an investment decision about Gartner Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gartner. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Gartner Stock please use our How to Invest in Gartner guide.
You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Complementary Tools for Gartner Stock analysis

When running Gartner's price analysis, check to measure Gartner's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Gartner is operating at the current time. Most of Gartner's value examination focuses on studying past and present price action to predict the probability of Gartner's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gartner's price. Additionally, you may evaluate how the addition of Gartner to your portfolios can decrease your overall portfolio volatility.
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Is Gartner's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Gartner. If investors know Gartner will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Gartner listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.27)
Earnings Share
10.07
Revenue Per Share
75.846
Quarterly Revenue Growth
0.045
Return On Assets
0.0934
The market value of Gartner is measured differently than its book value, which is the value of Gartner that is recorded on the company's balance sheet. Investors also form their own opinion of Gartner's value that differs from its market value or its book value, called intrinsic value, which is Gartner's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Gartner's market value can be influenced by many factors that don't directly affect Gartner's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Gartner's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gartner is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gartner's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.