Head-To-Head Survey: GitLab (NASDAQ:GTLB) versus Hitek Global (NASDAQ:HKIT)

GitLab (NASDAQ:GTLB) and Hitek Global (NASDAQ:HKIT) are both computer and technology companies, but which is the better investment? We will contrast the two companies based on the strength of their risk, dividends, profitability, valuation, institutional ownership, analyst recommendations and earnings.

Earnings & Valuation

This table compares GitLab and Hitek Global”s top-line revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
GitLab	$579.91 million	19.74	-$424.17 million	($0.32)	-220.47
Hitek Global	$4.56 million	3.98	$1.05 million	N/A	N/A

Hitek Global has lower revenue, but higher earnings than GitLab.

Volatility and Risk

GitLab has a beta of 0.63, meaning that its stock price is 37% less volatile than the S&P 500. Comparatively, Hitek Global has a beta of 1.54, meaning that its stock price is 54% more volatile than the S&P 500.

Analyst Recommendations

This is a breakdown of current ratings for GitLab and Hitek Global, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
GitLab	0	3	23	1	2.93
Hitek Global	0	0	0	0	0.00

GitLab currently has a consensus target price of $76.42, suggesting a potential upside of 8.32%. Given GitLab’s stronger consensus rating and higher probable upside, equities research analysts clearly believe GitLab is more favorable than Hitek Global.

Insider & Institutional Ownership

95.0% of GitLab shares are owned by institutional investors. Comparatively, 1.2% of Hitek Global shares are owned by institutional investors. 21.4% of GitLab shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

Profitability

This table compares GitLab and Hitek Global’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
GitLab	-6.83%	-11.72%	-5.98%
Hitek Global	N/A	N/A	N/A

Summary

GitLab beats Hitek Global on 8 of the 13 factors compared between the two stocks.

About GitLab

GitLab Inc., through its subsidiaries, develops software for the software development lifecycle in the United States, Europe, and the Asia Pacific. It 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. The company helps organizations to plan, build, secure, and deploy software to drive business outcomes. It 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. GitLab Inc. was founded in 2011 and is headquartered in San Francisco, California.

About Hitek Global

Hitek Global Inc. provides information technology (IT) consulting and solutions to small and medium businesses in various industry sectors in China. It offers anti-counterfeiting tax control system (ACTCS) tax devices, including golden tax disk and printers, ACTCS services, and IT services; and sells software and hardware to large businesses, such as laptops, printers, desktop computers, and related accessories, as well as Internet servers, cameras, and monitors. The company was founded in 1996 and is headquartered in Xiamen, China.