With a market cap of $10.7 billion, Gartner, Inc. (IT) is a leading global research and advisory company that provides business and technology insights to help organizations make informed decisions and improve performance on mission-critical priorities. It operates through its Insights, Conferences, and Consulting segments, offering subscription-based research, executive conferences, and strategic technology consulting services to clients worldwide.
Shares of the Stamford, Connecticut-based company have significantly lagged behind the broader market over the past 52 weeks. IT stock has dropped 63.8% over this time frame, while the broader S&P 500 Index ($SPX) has risen 29.9%. Moreover, shares of the company have decreased 37.2% on a YTD basis, compared to SPX's 10.1% gain.