Reviewing Planet Labs PBC (NYSE:PL) & Global X Space Tech ETF (NASDAQ:ORBX)

Global X Space Tech ETF (NASDAQ:ORBXGet Free Report) and Planet Labs PBC (NYSE:PLGet Free Report) are both aerospace companies, but which is the better investment? We will contrast the two companies based on the strength of their dividends, risk, analyst recommendations, valuation, institutional ownership, profitability and earnings.

Earnings and Valuation

This table compares Global X Space Tech ETF and Planet Labs PBC”s gross revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Global X Space Tech ETF N/A N/A N/A N/A N/A
Planet Labs PBC $307.73 million 23.70 -$246.86 million ($1.14) -17.95

Global X Space Tech ETF has higher earnings, but lower revenue than Planet Labs PBC.

Institutional & Insider Ownership

41.7% of Planet Labs PBC shares are owned by institutional investors. 16.4% of Planet Labs PBC shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

Profitability

This table compares Global X Space Tech ETF and Planet Labs PBC’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Global X Space Tech ETF N/A N/A N/A
Planet Labs PBC -111.17% -105.29% -35.54%

Analyst Recommendations

This is a breakdown of recent ratings for Global X Space Tech ETF and Planet Labs PBC, as provided by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Global X Space Tech ETF 0 7 2 0 2.55
Planet Labs PBC 2 4 6 0 2.33

Global X Space Tech ETF presently has a consensus price target of $40.04, suggesting a potential upside of 0.00%. Planet Labs PBC has a consensus price target of $35.36, suggesting a potential upside of 72.79%. Given Planet Labs PBC’s higher probable upside, analysts clearly believe Planet Labs PBC is more favorable than Global X Space Tech ETF.

Volatility and Risk

Global X Space Tech ETF has a beta of 5.03, meaning that its stock price is 403% more volatile than the S&P 500. Comparatively, Planet Labs PBC has a beta of 2.06, meaning that its stock price is 106% more volatile than the S&P 500.

About Planet Labs PBC

(Get Free Report)

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.

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