Financhill
Buy
73

GTLB Quote, Financials, Valuation and Earnings

Last price:
$61.00
Seasonality move :
-24.49%
Day range:
$60.16 - $63.05
52-week range:
$40.72 - $78.53
Dividend yield:
0%
P/E ratio:
--
P/S ratio:
14.03x
P/B ratio:
13.79x
Volume:
3M
Avg. volume:
3.3M
1-year change:
8%
Market cap:
$10B
Revenue:
$579.9M
EPS (TTM):
-$0.32

Analysts' Opinion

  • Consensus Rating
    GitLab has received a consensus rating of Buy. The company's average rating is a Buy based on 18 Buy ratings, 3 Hold ratings, and 0 Sell ratings.
  • Price Target Upside
    According to analysts' consensus price target of $79.36, GitLab has an estimated upside of 30.1% from its current price of $61.56.
  • Price Target Downside
    According to analysts, the lowest downside price target is $65.00 representing 100% downside risk from its current price of $61.56.

Fair Value

  • According to the consensus of 21 analysts, GitLab has 30.1% upside to fair value with a price target of $79.36 per share.

GTLB vs. S&P 500

  • Over the past 5 trading days, GitLab has overperformed the S&P 500 by 4.53% suggesting its relative strength compared to the major market average is strong at this time.

Share Buyback

  • GitLab does not have a share repurchase program in place at this time. The scale of a buyback program can materially affect share price and usually results in a higher earnings per share, all else being equal, when the share count drops.

Revenue Growth

  • GitLab has grown year-over-year revenues for 0 quarters straight. In the most recent quarter GitLab reported revenues of $196M.

Earnings Growth

  • GitLab has grown year-over-year earnings for 0 quarters straight. In the most recent quarter GitLab reported earnings per share of $0.18.
Enterprise value:
9.1B
EV / Invested capital:
11.84x
Price / LTM sales:
14.03x
EV / EBIT:
--
EV / Revenue:
12.82x
PEG ratio (5yr expected):
-0.24x
EV / Free cash flow:
-86.63x
Price / Operating cash flow:
114.04x
Enterprise value / EBITDA:
--
Gross Profit (TTM):
$633.3M
Return On Assets:
-3.74%
Net Income Margin (TTM):
-6.83%
Return On Equity:
-7.4%
Return On Invested Capital:
-7.4%
Operating Margin:
-14.66%
Trailing 12 Months Fiscal Quarters
Period Ending 2022-10-31 2023-10-31 2024-10-31 2023-10-31 2024-10-31
Income Statement
Revenue $379.2M $539M $711.6M $149.7M $196M
Gross Profit $332.6M $481.1M $633.3M $134.6M $173.9M
Operating Income -$205.7M -$198.8M -$158.3M -$40.3M -$28.7M
EBITDA -$200.8M -$192.2M -$148.4M -$38.6M -$25.5M
Diluted EPS -$1.23 -$2.78 -$0.32 -$1.84 $0.18
Period Ending 2020-10-31 2021-10-31 2022-10-31 2023-10-31 2024-10-31
Balance Sheet
Current Assets -- $1B $1.1B $1.2B $1.2B
Total Assets -- $1B $1.1B $1.2B $1.3B
Current Liabilities -- $178.9M $264.5M $585.9M $464.5M
Total Liabilities -- $219.4M $305.6M $633.7M $482.4M
Total Equity -- $809.4M $814.7M $593.2M $770.2M
Total Debt -- -- -- -- --
Trailing 12 Months Fiscal Quarters
Period Ending 2022-10-31 2023-10-31 2024-10-31 2023-10-31 2024-10-31
Cash Flow Statement
Cash Flow Operations -$66.8M -$1.5M -$102.3M -$6M -$177M
Cash From Investing -$477.8M -$132.3M -$44.3M $14.6M -$92.8M
Cash From Financing $95.2M $42.1M $35.9M $4.7M $2.9M
Free Cash Flow -$66.8M -$3.9M -$105.3M -$6.7M -$178.1M
GTLB
Sector
Market Cap
$10B
$128.7M
Price % of 52-Week High
78.39%
69.94%
Dividend Yield
0%
0%
Shareholder Yield
--
0.91%
1-Year Price Total Return
8%
-2.33%
Beta (5-Year)
--
0.919
Dividend yield:
0%
Annualized payout:
$0.00
Payout ratio:
--
Growth streak:
0 years

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Technicals

8-day SMA
Buy
Level $58.58
200-day SMA
Buy
Level $53.67
Bollinger Bands (100)
Buy
Level 49.83 - 61.47
Chaikin Money Flow
Sell
Level -1.1M
20-day SMA
Buy
Level $59.77
Relative Strength Index (RSI14)
Buy
Level 55.24
ADX Line
Buy
Level 19.6
Williams %R
Sell
Level -19.1271
50-day SMA
Buy
Level $60.21
MACD (12, 26)
Sell
Level -0.65
25-day Aroon Oscillator
Sell
Level -36
On Balance Volume
Neutral
Level 109.1M

Financial Scores

Buy
Altman Z-Score (Annual)
Level (8.917)
Sell
CA Score (Annual)
Level (-0.7798)
--
Beneish M-Score (Annual)
Level (--)
Buy
Momentum Score
Level (8)
Sell
Ohlson Score
Level (1.0167)
Buy
Piotroski F Score (Annual)
Level (5)
Buy
Quality Ratio Score
Level (6)
Buy
Fundamental Score
Level (5)

Revenue Forecast

Earnings per Share Forecast

Company Profile

GitLab Inc operates on an all-remote model. GitLab, a complete DevSecOps platform delivered as a single application. It operates in two competitive landscapes: DevOps point solutions and DevOps platforms. In terms of point solutions that are stitched together, GitLab’s offering is substantially different in that it is one platform, one codebase, one interface, and a unified data model that spans the entire DevSecOps lifecycle. DevOps platforms, the principal competitor is Microsoft Corporation following their acquisition of GitHub. GitLab is offered on both self-managed and software-as-a-service (SaaS) models. It is located in the United States, Europe, and Asia Pacific. It focused on accelerating innovation and broadening the distribution of its platform to companies across the world.

Stock Forecast FAQ

In the current month, GTLB has received 18 Buy ratings 3 Hold ratings, and 0 Sell ratings. The GTLB average analyst price target in the past 3 months is $79.36.

  • Where Will GitLab Stock Be In 1 Year?

    According to analysts, the consensus estimate is that GitLab share price will rise to $79.36 per share over the next 12 months.

  • What Do Analysts Say About GitLab?

    Analysts are divided on their view about GitLab share price and where it will be in the next 12 months. The majority of analysts rate the stock a Buy. However, a smaller subset of analysts suggest that GitLab is a Sell and believe this share price will drop from its current level to $65.00.

  • What Is GitLab's Price Target?

    The price target for GitLab over the next 1-year time period is forecast to be $79.36 according to 21 Wall Street analysts, 18 of them rate the stock a Buy, 0 rate the stock a Sell, and 3 analysts rate the stock a Hold.

  • Is GTLB A Buy, Sell Or Hold?

    According to Wall Street analysts, the consensus rating for GitLab is a Buy. 18 of 21 analysts rate the stock a Buy at this time.

  • How Can I Buy Shares Of GTLB?

    You can purchase shares of GitLab via an online brokerage firm such as TD Ameritrade.com, thinkorswim.com, e-trade.com, TastyTrade.com, or Schwab.com. Many other digital online brokerages exist such as RobinHood and Webull where you can purchase GitLab shares.

  • What Is The GitLab Share Price Today?

    GitLab was last trading at $61.00 per share. This represents the most recent stock quote for GitLab. Yesterday, GitLab closed at $61.56 per share.

  • How To Buy GitLab Stock Online?

    In order to purchase GitLab stock online, open a brokerage account, deposit funds into the account, and select an order type to purchase shares whether it be market or limit.

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