Why Gartner and other IT stocks got slammed on Tuesday

Why Gartner and other IT stocks got slammed on Tuesday
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Generative AI will Reach Transformational Benefit in the Next 2 to 5 years, Gartner Report
8.54BUSD

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Type
Common Stock
Exchange
NYSE
Currency Code
USD
Currency Name
US Dollar
Country Name
USA
Country ISO
US
ISIN
US3666511072
CUSIP
366651206
Sector
Technology
Industry
Information Technology Services
Fiscal Year End
December
IPO date
-
Updated At
-
PE Ratio
12.42
PEG Ratio
0.52
Book Value
0.93
Dividend Share
-
Dividend Yield
-
Earnings Share
10.12
Wall Street Target Price
166.54
EPS Estimate Current Year
13.70
EPS Estimate Next Year
15.31
EPS Estimate Current Quarter
2.9216
EPS Estimate Next Quarter
3.6723
Most Recent Quarter
-
Revenue TTM
6,474,137,088
Gross Profit TTM
4,466,285,056
EBITDA
1,336,962,944
Profit Margin
11.44%
Return On Assets TTM
9.38%
Return On Equity TTM
94.88%
Revenue Per Share TTM
88.126
Qtly Revenue Growth YOY
-1.50%
Diluted Eps TTM
10.12
Qtly Earnings Growth YOY
17.30%
Trailing PE
12.42
Forward PE
9
Price Sales TTM
1.3002
Price Book MRQ
134.6664
Enterprise Value Revenue
1
Enterprise Value EBITDA
7
264.14
4.73%2.29
2.23%11.00
2.14%126.91
1.67%59.45
0.69%21.65
-15.93%19.70
-4.97%19.67
-3.96%41.21
-1.48%58.50
-1.27%