GitLab (GTLB) versus Its Rivals Financial Survey

GitLab (NASDAQ:GTLBGet Rating) is one of 411 public companies in the “Prepackaged software” industry, but how does it compare to its peers? We will compare GitLab to related businesses based on the strength of its profitability, institutional ownership, dividends, risk, valuation, analyst recommendations and earnings.

Institutional & Insider Ownership

42.7% of GitLab shares are held by institutional investors. Comparatively, 55.2% of shares of all “Prepackaged software” companies are held by institutional investors. 18.9% of shares of all “Prepackaged software” companies are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.

Earnings and Valuation

This table compares GitLab and its peers top-line revenue, earnings per share and valuation.

Gross Revenue Net Income Price/Earnings Ratio
GitLab $252.65 million -$155.14 million -33.44
GitLab Competitors $1.83 billion $286.72 million 23.96

GitLab’s peers have higher revenue and earnings than GitLab. GitLab is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.

Profitability

This table compares GitLab and its peers’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
GitLab -51.69% -20.93% -15.72%
GitLab Competitors -81.17% -85.40% -8.54%

Analyst Ratings

This is a summary of recent ratings for GitLab and its peers, as provided by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
GitLab 0 1 12 0 2.92
GitLab Competitors 1661 11428 24440 534 2.63

GitLab presently has a consensus price target of $80.46, indicating a potential upside of 58.30%. As a group, “Prepackaged software” companies have a potential upside of 51.30%. Given GitLab’s stronger consensus rating and higher probable upside, analysts plainly believe GitLab is more favorable than its peers.

Summary

GitLab peers beat GitLab on 7 of the 12 factors compared.

About GitLab

(Get Rating)

GitLab Inc., through its subsidiaries, develops software for the software development lifecycle in the United States, Europe, and the Asia Pacific. The company offers GitLab, a DevOps platform, which is a single application that leads to faster cycle time and allows visibility throughout and control over various stages of the DevOps lifecycle. It helps organizations to plan, build, secure, and deploy software to drive business outcomes. The company also provides related training and professional services. The company was formerly known as GitLab B.V. and changed its name to GitLab Inc. in July 2015. The company was founded in 2011 and is headquartered in San Francisco, California.

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