Planet Labs PBC (PL) and Its Competitors Critical Survey

Planet Labs PBC (NYSE:PL) is one of 203 publicly-traded companies in the “Professional Services” industry, but how does it contrast to its rivals? We will compare Planet Labs PBC to related businesses based on the strength of its earnings, dividends, valuation, institutional ownership, analyst recommendations, risk and profitability.

Profitability

This table compares Planet Labs PBC and its rivals’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Planet Labs PBC	-95.13%	-93.11%	-29.17%
Planet Labs PBC Competitors	-0.59%	20.60%	4.33%

Institutional & Insider Ownership

41.7% of Planet Labs PBC shares are held by institutional investors. Comparatively, 57.4% of shares of all “Professional Services” companies are held by institutional investors. 16.4% of Planet Labs PBC shares are held by company insiders. Comparatively, 17.2% of shares of all “Professional Services” companies are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

Analyst Recommendations

This is a summary of current ratings and price targets for Planet Labs PBC and its rivals, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Planet Labs PBC	1	7	5	1	2.43
Planet Labs PBC Competitors	1585	6449	9169	431	2.48

Planet Labs PBC presently has a consensus price target of $30.33, indicating a potential upside of 135.23%. As a group, “Professional Services” companies have a potential upside of 24.69%. Given Planet Labs PBC’s higher possible upside, analysts plainly believe Planet Labs PBC is more favorable than its rivals.

Volatility & Risk

Planet Labs PBC has a beta of 2.27, meaning that its share price is 127% more volatile than the S&P 500. Comparatively, Planet Labs PBC’s rivals have a beta of 0.97, meaning that their average share price is 3% less volatile than the S&P 500.

Valuation & Earnings

This table compares Planet Labs PBC and its rivals gross revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Planet Labs PBC	$307.73 million	-$246.86 million	-11.72
Planet Labs PBC Competitors	$3.29 billion	$228.38 million	35.95

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

Summary

Planet Labs PBC rivals beat Planet Labs PBC on 10 of the 13 factors compared.

About Planet Labs PBC

Planet Labs PBC engages in the design, construction, and launch constellations of satellites with the intent of providing high cadence geospatial data delivered to customers through an online platform worldwide. The company’s platform offers planet monitoring, basemap, tasking, apps, and application programming interfaces, as well as analytics and planetary variables. It serves agriculture, mapping, energy, forestry, finance and insurance companies, and government agencies. The company was founded in 2010 and is headquartered in San Francisco, California.