Here's a Quick Look Into the Fundamentals of GitLab (GTLB) Stock

Shares of Mid-cap technology company GitLab moved 3.5 this morning, and are now trading at $28.68 per share. On the other hand, the average analyst target price for the stock is $46.69.

GitLab Inc., through its subsidiaries, develops software for the software development lifecycle in the United States, Europe, and the Asia Pacific.

Potential GitLab Investors Should Analyze the Following:

  • GitLab has moved -24.9% over the last year.

  • The company has a price to earnings growth (PEG) ratio of -2.7. A number between 0 and 1 could mean that the market is undervaluing GitLab's estimated growth potential

  • Its Price to Book (P/B) ratio is 5.62

Understanding GitLab's Operating Margins

Date Reported Total Revenue ($ k) Operating Expenses ($ k) Operating Margins (%) YoY Growth (%)
2023-01-31 424,336 584,067 -49.82 2.39
2022-01-31 252,653 351,625 -51.04 63.69
2021-01-31 152,176 347,597 -140.55 11.06
2020-01-31 81,227 200,218 -158.03 n/a

Averaging out to -99.9% over the last 4 years, GitLab's operating margins also have a high coefficient of variability, which stands at 57.6%. On the other hand, we note that the firm's margins are growing at a 25.1% compounded average yearly rate.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.