Financial Review: Planet Labs PBC (PL) and Its Competitors

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

Valuation & Earnings

This table compares Planet Labs PBC and its rivals top-line revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Planet Labs PBC	$378.28 million	N/A	-13.21
Planet Labs PBC Competitors	$1.97 billion	$193.14 million	29.78

Planet Labs PBC’s rivals have higher revenue and earnings than Planet Labs PBC. Planet Labs PBC is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.

Risk and Volatility

Planet Labs PBC has a beta of 2.17, indicating that its share price is 117% more volatile than the S&P 500. Comparatively, Planet Labs PBC’s rivals have a beta of 1.10, indicating that their average share price is 10% more volatile than the S&P 500.

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 insiders. Comparatively, 17.2% of shares of all “Professional Services” companies are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

Dividends

Planet Labs PBC pays an annual dividend of $0.96 per share and has a dividend yield of 6.6%. 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 2.7% and pay out -74.8% of their earnings in the form of a dividend. Planet Labs PBC is clearly a better dividend stock than its rivals, given its higher yield and lower payout ratio.

Profitability

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

	Net Margins	Return on Equity	Return on Assets
Planet Labs PBC	N/A	N/A	N/A
Planet Labs PBC Competitors	0.25%	-2.90%	1.48%

Analyst Ratings

This is a summary of current ratings and price targets for Planet Labs PBC and its rivals, as reported 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	1579	6438	9198	430	2.48

Planet Labs PBC presently has a consensus target price of $30.33, indicating a potential upside of 108.77%. As a group, “Professional Services” companies have a potential upside of 28.84%. Given Planet Labs PBC’s higher probable upside, research analysts clearly believe Planet Labs PBC is more favorable than its rivals.

Summary

Planet Labs PBC rivals beat Planet Labs PBC on 8 of the 14 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.