GitLab (NASDAQ:GTLB – Get Free Report) is one of 955 publicly-traded companies in the “Software” industry, but how does it weigh in compared to its rivals? We will compare GitLab to similar businesses based on the strength of its dividends, analyst recommendations, profitability, institutional ownership, earnings, risk and valuation.
Institutional and Insider Ownership
95.0% of GitLab shares are owned by institutional investors. Comparatively, 42.0% of shares of all “Software” companies are owned by institutional investors. 10.6% of GitLab shares are owned by insiders. Comparatively, 19.7% of shares of all “Software” companies are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.
Profitability
This table compares GitLab and its rivals’ 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 | -630.58% | 17.61% | -8.96% |
Valuation & Earnings
This table compares GitLab and its rivals gross revenue, earnings per share (EPS) and valuation.
| Gross Revenue | Net Income | Price/Earnings Ratio | |
| GitLab | $1.06 billion | -$55.96 million | -181.16 |
| GitLab Competitors | $1.87 billion | $383.51 million | 112.46 |
GitLab’s rivals have higher revenue and earnings than GitLab. GitLab 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.
Volatility and Risk
GitLab has a beta of 0.98, indicating that its stock price is 2% less volatile than the S&P 500. Comparatively, GitLab’s rivals have a beta of 1.15, indicating that their average stock price is 15% more volatile than the S&P 500.
Analyst Ratings
This is a summary of current ratings and price targets for GitLab and its rivals, as reported by MarketBeat.com.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| GitLab | 4 | 17 | 7 | 0 | 2.11 |
| GitLab Competitors | 5708 | 21443 | 44661 | 1489 | 2.57 |
GitLab currently has a consensus price target of $52.33, suggesting a potential downside of 9.72%. As a group, “Software” companies have a potential upside of 25.98%. Given GitLab’s rivals stronger consensus rating and higher possible upside, analysts clearly believe GitLab has less favorable growth aspects than its rivals.
Summary
GitLab rivals beat GitLab on 10 of the 13 factors compared.
GitLab Company Profile
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.
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