Head to Head Contrast: GitLab (GTLB) versus Its Peers

GitLab (NASDAQ:GTLB) is one of 953 publicly-traded companies in the “Software” industry, but how does it weigh in compared to its competitors? We will compare GitLab to similar businesses based on the strength of its risk, earnings, dividends, analyst recommendations, valuation, profitability and institutional ownership.

Insider and Institutional Ownership

95.0% of GitLab shares are owned by institutional investors. Comparatively, 41.9% of shares of all “Software” companies are owned by institutional investors. 10.6% of GitLab shares are owned by company insiders. Comparatively, 19.8% of shares of all “Software” companies are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

Valuation & Earnings

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

	Gross Revenue	Net Income	Price/Earnings Ratio
GitLab	$1.06 billion	-$55.96 million	-162.84
GitLab Competitors	$1.91 billion	$385.94 million	110.49

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

Profitability

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

	Net Margins	Return on Equity	Return on Assets
GitLab	-4.99%	-1.28%	-0.77%
GitLab Competitors	-620.53%	20.98%	-8.95%

Volatility and Risk

GitLab has a beta of 0.98, meaning that its share price is 2% less volatile than the S&P 500. Comparatively, GitLab’s competitors have a beta of 1.27, meaning that their average share price is 27% more volatile than the S&P 500.

Analyst Recommendations

This is a breakdown of recent ratings and recommmendations for GitLab and its competitors, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
GitLab	4	17	7	0	2.11
GitLab Competitors	5724	21430	44697	1492	2.57

GitLab presently has a consensus price target of $52.33, suggesting a potential upside of 0.43%. As a group, “Software” companies have a potential upside of 28.29%. Given GitLab’s competitors stronger consensus rating and higher possible upside, analysts clearly believe GitLab has less favorable growth aspects than its competitors.

Summary

GitLab competitors beat GitLab on 10 of the 13 factors compared.

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.