TrueBlue (NYSE:TBI) versus Planet Labs PBC (NYSE:PL) Head-To-Head Review

Planet Labs PBC (NYSE:PL) and TrueBlue (NYSE:TBI) are both industrials companies, but which is the superior stock? We will contrast the two businesses based on the strength of their analyst recommendations, dividends, institutional ownership, profitability, risk, valuation and earnings.

Volatility and Risk

Planet Labs PBC has a beta of 2.1, suggesting that its share price is 110% more volatile than the S&P 500. Comparatively, TrueBlue has a beta of 1.67, suggesting that its share price is 67% more volatile than the S&P 500.

Institutional and Insider Ownership

41.7% of Planet Labs PBC shares are owned by institutional investors. Comparatively, 97.2% of TrueBlue shares are owned by institutional investors. 16.4% of Planet Labs PBC shares are owned by insiders. Comparatively, 8.0% of TrueBlue shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

Analyst Ratings

This is a breakdown of recent recommendations and price targets for Planet Labs PBC and TrueBlue, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Planet Labs PBC	1	6	5	1	2.46
TrueBlue	1	1	1	0	2.00

Planet Labs PBC currently has a consensus target price of $32.77, indicating a potential upside of 99.79%. TrueBlue has a consensus target price of $7.75, indicating a potential downside of 13.28%. Given Planet Labs PBC’s stronger consensus rating and higher probable upside, research analysts clearly believe Planet Labs PBC is more favorable than TrueBlue.

Profitability

This table compares Planet Labs PBC and TrueBlue’s 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%
TrueBlue	-3.35%	-6.26%	-2.65%

Valuation and Earnings

This table compares Planet Labs PBC and TrueBlue”s revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Planet Labs PBC	$378.28 million	15.78	-$246.86 million	($1.10)	-14.91
TrueBlue	$1.69 billion	0.16	-$47.96 million	($1.88)	-4.75

TrueBlue has higher revenue and earnings than Planet Labs PBC. Planet Labs PBC is trading at a lower price-to-earnings ratio than TrueBlue, indicating that it is currently the more affordable of the two stocks.

Summary

Planet Labs PBC beats TrueBlue on 8 of the 15 factors compared between the two stocks.

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.

About TrueBlue

TrueBlue, Inc., together with its subsidiaries, provides specialized workforce solutions in the United States, Canada, the United Kingdom, Australia, and Puerto Rico. It operates through three segments: PeopleReady, PeopleManagement, and PeopleScout. The company PeopleReady segment provides general, industrial, and skilled trade contingent staffing services for construction, transportation, manufacturing, retail, hospitality, and renewable energy industries. The PeopleManagement segment offers contingent, on-site industrial staffing, and commercial driver services, which includes on-site management and recruitment for the contingent industrial workforce of manufacturing, warehousing, and distribution facilities; and recruitment and management of contingent and dedicated commercial drivers to the transportation and distribution industries under the Staff Management, SIMOS Insourcing Solutions, and Centerline Drivers brands. The company PeopleScout segment provides recruitment process outsourcing, talent advisory services, and managed service provider solutions including sourcing, screening, hiring, and onboarding services; operates Affinix, a technology platform for sourcing, screening, and delivering a permanent workforce to its clients; talent advisory services, such as employer branding, recruitment marketing, talent insights, diversity, equity and inclusion consulting, candidate assessment, and talent acquisition strategy consulting services; and contingent labor programs including vendor selection, performance management, compliance monitoring, and risk management. TrueBlue, Inc. was formerly known as Labor Ready, Inc. and changed its name to TrueBlue, Inc. in December 2007. The company was incorporated in 1985 and is headquartered in Tacoma, Washington.