Planet Labs PBC (PL) & The Competition Financial Survey

Planet Labs PBC (NYSE:PL) is one of 203 publicly-traded companies in the “Professional Services” industry, but how does it weigh in compared to its competitors? We will compare Planet Labs PBC to similar businesses based on the strength of its profitability, dividends, institutional ownership, analyst recommendations, earnings, risk and valuation.

Risk and Volatility

Planet Labs PBC has a beta of 2.17, suggesting that its stock price is 117% more volatile than the S&P 500. Comparatively, Planet Labs PBC’s competitors have a beta of 0.98, suggesting that their average stock price is 2% less volatile than the S&P 500.

Valuation and Earnings

This table compares Planet Labs PBC and its competitors top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Planet Labs PBC	$378.28 million	-$246.86 million	-12.23
Planet Labs PBC Competitors	$3.32 billion	$228.36 million	29.45

Planet Labs PBC’s competitors have higher revenue and earnings than Planet Labs PBC. Planet Labs PBC 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.

Dividends

Planet Labs PBC pays an annual dividend of $0.96 per share and has a dividend yield of 7.1%. Planet Labs PBC pays out -87.3% of its earnings in the form of a dividend. As a group, “Professional Services” companies pay a dividend yield of 2.5% and pay out -118.2% of their earnings in the form of a dividend.

Institutional and Insider Ownership

41.7% of Planet Labs PBC shares are owned by institutional investors. Comparatively, 57.4% of shares of all “Professional Services” companies are owned by institutional investors. 16.4% of Planet Labs PBC shares are owned by company insiders. Comparatively, 17.1% of shares of all “Professional Services” companies are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.

Profitability

This table compares Planet Labs PBC and its competitors’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Planet Labs PBC	-95.13%	-93.11%	-29.17%
Planet Labs PBC Competitors	-0.59%	20.75%	4.33%

Analyst Recommendations

This is a summary of recent recommendations and price targets for Planet Labs PBC and its competitors, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Planet Labs PBC	1	7	5	1	2.43
Planet Labs PBC Competitors	1575	6432	9162	430	2.48

Planet Labs PBC currently has a consensus price target of $30.33, indicating a potential upside of 125.51%. As a group, “Professional Services” companies have a potential upside of 26.82%. Given Planet Labs PBC’s higher possible upside, equities research analysts clearly believe Planet Labs PBC is more favorable than its competitors.

Summary

Planet Labs PBC competitors beat Planet Labs PBC on 11 of the 15 factors compared.

About Planet Labs PBC

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.