GitLab (NASDAQ:GTLB – Get Rating) is one of 411 publicly-traded companies in the "Prepackaged software" industry, but how does it weigh in compared to its peers? We will compare GitLab to similar businesses based on the strength of its dividends, earnings, risk, profitability, valuation, institutional ownership and analyst recommendations.
Analyst Recommendations
This is a breakdown of current recommendations for GitLab and its peers, as reported by MarketBeat.com.
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GitLab alerts:
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score |
| GitLab | 0 | 1 | 11 | 0 | 2.92 |
| GitLab Competitors | 1657 | 11399 | 24416 | 533 | 2.63 |
GitLab currently has a consensus price target of $78.50, suggesting a potential upside of 36.81%. As a group, "Prepackaged software" companies have a potential upside of 44.29%. Given GitLab's peers higher possible upside, analysts clearly believe GitLab has less favorable growth aspects than its peers.
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% |
Valuation and Earnings
This table compares GitLab and its peers top-line revenue, earnings per share (EPS) and valuation.
| Gross Revenue | Net Income | Price/Earnings Ratio |
| GitLab | $252.65 million | -$155.14 million | -37.75 |
| GitLab Competitors | $1.83 billion | $286.74 million | 24.17 |
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.
Insider and Institutional Ownership
42.7% of GitLab shares are owned by institutional investors. Comparatively, 55.3% of shares of all "Prepackaged software" companies are owned by institutional investors. 19.0% of shares of all "Prepackaged software" companies are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.
Summary
GitLab peers beat GitLab on 8 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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