Why Gartner, Inc. (NYSE:IT) Could Be Worth Watching
Why Gartner, Inc. (NYSE:IT) Could Be Worth Watching
Today we're going to take a look at the well-established Gartner, Inc. (NYSE:IT). The company's stock received a lot of attention from a substantial price movement on the NYSE over the last few months, increasing to US$481 at one point, and dropping to the lows of US$413. Some share price movements can give investors a better opportunity to enter into the stock, and potentially buy at a lower price. A question to answer is whether Gartner's current trading price of US$449 reflective of the actual value of the large-cap? Or is it currently undervalued, providing us with the opportunity to buy? Let's take a look at Gartner's outlook and value based on the most recent financial data to see if there are any catalysts for a price change.
今天我們要看一下成熟的加特納公司 (紐交所:IT)。該公司的股票在過去幾個月裏受到了紐約證券交易所的大量關注，一度增長至481美元，跌至最低點413美元。一些股價變動可以爲投資者提供更好的進入股票的機會，並有可能以更低的價格買入。需要回答的問題是，Gartner目前的交易價格449美元是否反映了大型市值的實際價值？還是目前被低估，爲我們提供了購買的機會？讓我們看一下Gartner的前景和價值，基於最新的財務數據，看看是否有任何催化劑導致價格變動。
What's The Opportunity In Gartner?
Gartner的機會在哪裏？
Gartner is currently expensive based on our price multiple model, where we look at the company's price-to-earnings ratio in comparison to the industry average. In this instance, we've used the price-to-earnings (PE) ratio given that there is not enough information to reliably forecast the stock's cash flows. We find that Gartner's ratio of 43.73x is above its peer average of 27.93x, which suggests the stock is trading at a higher price compared to the IT industry. If you like the stock, you may want to keep an eye out for a potential price decline in the future. Given that Gartner's share is fairly volatile (i.e. its price movements are magnified relative to the rest of the market) this could mean the price can sink lower, giving us another chance to buy in the future. This is based on its high beta, which is a good indicator for share price volatility.
根據我們的價格倍增模型，Gartner目前很昂貴，其中我們查看了公司市盈率與行業平均水平的比較。在這種情況下，我們使用市盈率比率，因爲沒有足夠的信息可靠地預測股票的現金流。我們發現，Gartner的比率爲43.73倍，高於其同行的平均值27.93倍，這表明該股票的價格相對於IT行業更高。如果你喜歡這支股票，你可能要留意未來的潛在價格下跌。由於Gartner的股票相當波動（即其價格變動與市場的其餘部分相比放大），這可能意味着價格可能會下降，給我們在未來另一次購買的機會。這是基於它的高貝塔值，這是股價波動的一個很好的指標。
Can we expect growth from Gartner?
我們可以期待Gartner的增長嗎？
Future outlook is an important aspect when you're looking at buying a stock, especially if you are an investor looking for growth in your portfolio. Buying a great company with a robust outlook at a cheap price is always a good investment, so let's also take a look at the company's future expectations. With profit expected to grow by a double-digit 20% over the next couple of years, the outlook is positive for Gartner. It looks like higher cash flow is on the cards for the stock, which should feed into a higher share valuation.
未來的前景是你考慮購買股票時需要考慮的一個重要方面，特別是如果你是一個尋求投資組合增長的投資者。以便宜的價格購買高質量的公司總是一個好的投資，因此讓我們也來看一下公司的未來預期。預計未來幾年，利潤預計將增長20％，Gartner的前景是積極的。這意味着股票的現金流量將增加，這應該反映在更高的股票估值中。
What This Means For You
這對您意味着什麼？
Are you a shareholder? IT's optimistic future growth appears to have been factored into the current share price, with shares trading above industry price multiples. At this current price, shareholders may be asking a different question – should I sell? If you believe IT should trade below its current price, selling high and buying it back up again when its price falls towards the industry PE ratio can be profitable. But before you make this decision, take a look at whether its fundamentals have changed.
你是股東嗎？IT樂觀的未來增長似乎已經被納入了當前股票價格，股票交易價格高於行業價格倍數。在目前的價格水平，股東可能會問一個不同的問題 - 我是否應該賣出？如果你認爲IT應該低於當前價格交易，高價賣出，等價格回落到行業市盈率比率時再購買，是可以盈利的。但在做出這個決定之前，請看看它的基本面是否改變了。
Are you a potential investor? If you've been keeping tabs on IT for some time, now may not be the best time to enter into the stock. The price has surpassed its industry peers, which means it is likely that there is no more upside from mispricing. However, the positive outlook is encouraging for IT, which means it's worth diving deeper into other factors in order to take advantage of the next price drop.
你是一位潛在投資者嗎？如果你一直關注IT，現在可能不是進入股票的最佳時機。價格已經超過了同行業公司，這意味着從誤差定價中已經沒有更多的上漲空間。然而，積極的前景對IT來說是有鼓勵作用的，這意味着有必要深入挖掘其他因素，以便利用未來的價格下跌。
If you want to dive deeper into Gartner, you'd also look into what risks it is currently facing. You'd be interested to know, that we found 2 warning signs for Gartner and you'll want to know about them.
如果你想深入了解Gartner，你還需要了解它目前面臨的風險。你會感興趣知道，我們發現了2個Gartner的警示信號，你需要了解它們。
If you are no longer interested in Gartner, you can use our free platform to see our list of over 50 other stocks with a high growth potential.
如果你已不再對Gartner感興趣，你可以使用我們的免費平台查看我們的其他50支具有高增長潛力的股票列表。
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
對本文有反饋？關於內容有所顧慮？直接和我們聯繫。或者，發送電子郵件至editorial-team (at) simplywallst.com。
這篇文章是Simply Wall St的一般性文章。我們根據歷史數據和分析師預測提供評論，只使用公正的方法論，我們的文章並不意味着提供任何金融建議。文章不構成買賣任何股票的建議，也不考慮您的目標或您的財務狀況。我們的目標是帶給您基本數據驅動的長期關注分析。請注意，我們的分析可能不考慮最新的價格敏感公司公告或定性材料。Simply Wall St沒有任何股票頭寸。
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
對本文有反饋？關於內容有所顧慮？直接和我們聯繫。或者發送電子郵件至editorial-team@simplywallst.com。
譯文內容由第三人軟體翻譯。