Gitlab Inc Stock Buy Hold or Sell Recommendation
| GTLB Stock | USD 45.23 1.05 2.27% |
Given the investment horizon of 90 days and your conservative risk appetite, our recommendation regarding Gitlab Inc is 'Strong Sell'. Macroaxis provides Gitlab buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding Gitlab positions.
Check out Gitlab Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. In addition, we conduct extensive research on individual companies such as Gitlab and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Gitlab Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
Gitlab |
Execute Gitlab Buy or Sell Advice
The Gitlab recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Gitlab Inc. Macroaxis does not own or have any residual interests in Gitlab Inc or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Gitlab's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | About Average | Details | |
Economic Sensitivity | Actively responds to the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Poor | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Gitlab Trading Alerts and Improvement Suggestions
| Gitlab Inc generated a negative expected return over the last 90 days | |
| Gitlab Inc has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 579.91 M. Net Loss for the year was (424.17 M) with profit before overhead, payroll, taxes, and interest of 372.66 M. | |
| Gitlab Inc has a poor financial position based on the latest SEC disclosures | |
| Over 79.0% of the company shares are owned by institutional investors | |
| Latest headline from benzinga.com: GitLab Announces Expanded Integrations with Google Cloud to Elevate the Developer Experience |
Gitlab Returns Distribution Density
The distribution of Gitlab's historical returns is an attempt to chart the uncertainty of Gitlab's future price movements. The chart of the probability distribution of Gitlab daily returns describes the distribution of returns around its average expected value. We use Gitlab Inc price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Gitlab returns is essential to provide solid investment advice for Gitlab.
| Mean Return | -0.26 | Value At Risk | -4.93 | Potential Upside | 4.63 | Standard Deviation | 2.72 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Gitlab historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Gitlab Stock Institutional Investors
| Shares | State Street Corporation | 2024-03-31 | 1.5 M | Geode Capital Management, Llc | 2024-03-31 | 1.5 M | First Trust Advisors L.p. | 2024-03-31 | 1.4 M | Bamco Inc | 2024-03-31 | 1.2 M | Fiera Capital Corporation | 2024-03-31 | 1.2 M | Morgan Stanley - Brokerage Accounts | 2024-03-31 | 1.1 M | Driehaus Capital Management Llc | 2024-03-31 | 992.6 K | D. E. Shaw & Co Lp | 2024-03-31 | 991.2 K | General Catalyst Group Management, Llc | 2024-03-31 | 921.4 K | Alphabet Inc | 2024-03-31 | 9.8 M | Vanguard Group Inc | 2024-03-31 | 9.4 M |
Gitlab Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Gitlab or Software sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Gitlab's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Gitlab stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | -0.28 | |
β | Beta against NYSE Composite | 1.82 | |
σ | Overall volatility | 2.74 | |
Ir | Information ratio | -0.1 |
Gitlab Volatility Alert
Gitlab Inc exhibits very low volatility with skewness of 0.01 and kurtosis of 1.28. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Gitlab's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Gitlab's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Gitlab Implied Volatility
Gitlab's implied volatility exposes the market's sentiment of Gitlab Inc stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Gitlab's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Gitlab stock will not fluctuate a lot when Gitlab's options are near their expiration.
Gitlab Fundamentals Vs Peers
Comparing Gitlab's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Gitlab's direct or indirect competition across all of the common fundamentals between Gitlab and the related equities. This way, we can detect undervalued stocks with similar characteristics as Gitlab or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Gitlab's fundamental indicators could also be used in its relative valuation, which is a method of valuing Gitlab by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Gitlab to competition |
| Fundamentals | Gitlab | Peer Average |
| Return On Equity | -0.6 | -0.31 |
| Return On Asset | -0.0906 | -0.14 |
| Profit Margin | (0.69) % | (1.27) % |
| Operating Margin | (0.30) % | (5.51) % |
| Current Valuation | 6.34 B | 16.62 B |
| Shares Outstanding | 132.7 M | 571.82 M |
| Shares Owned By Insiders | 5.89 % | 10.09 % |
| Shares Owned By Institutions | 79.14 % | 39.21 % |
| Number Of Shares Shorted | 4.62 M | 4.71 M |
| Price To Book | 14.57 X | 9.51 X |
| Price To Sales | 14.35 X | 11.42 X |
| Revenue | 579.91 M | 9.43 B |
| Gross Profit | 372.66 M | 27.38 B |
| EBITDA | (172.88 M) | 3.9 B |
| Net Income | (424.17 M) | 570.98 M |
| Cash And Equivalents | 930.19 M | 2.7 B |
| Cash Per Share | 6.25 X | 5.01 X |
| Total Debt | 410 K | 5.32 B |
| Current Ratio | 4.31 X | 2.16 X |
| Book Value Per Share | 3.57 X | 1.93 K |
| Cash Flow From Operations | 35.04 M | 971.22 M |
| Short Ratio | 3.01 X | 4.00 X |
| Earnings Per Share | (2.75) X | 3.12 X |
| Price To Earnings To Growth | (2.08) X | 4.89 X |
| Target Price | 65.86 | |
| Number Of Employees | 2.13 K | 18.84 K |
| Beta | 0.44 | -0.15 |
| Market Capitalization | 7.35 B | 19.03 B |
| Total Asset | 1.32 B | 29.47 B |
| Retained Earnings | (1.15 B) | 9.33 B |
| Working Capital | 618.84 M | 1.48 B |
| Net Asset | 1.32 B |
Note: Disposition of 28091 shares by Sytse Sijbrandij of Gitlab at 56.89 subject to Rule 16b-3 [view details]
Gitlab Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Gitlab . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 84058.34 | |||
| Daily Balance Of Power | (0.55) | |||
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 46.01 | |||
| Day Typical Price | 45.75 | |||
| Price Action Indicator | (1.30) | |||
| Period Momentum Indicator | (1.05) | |||
| Relative Strength Index | 30.78 |
About Gitlab Buy or Sell Advice
When is the right time to buy or sell Gitlab Inc? Buying financial instruments such as Gitlab Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.| 2021 | 2022 | 2023 | 2024 (projected) | Other Current Liabilities | 57.4M | 46.0M | 321.6M | 337.7M | Total Assets | 1.1B | 1.2B | 1.3B | 954.8M |
Use Investing Ideas to Build Portfolios
In addition to having Gitlab in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Additional Information and Resources on Investing in Gitlab Stock
When determining whether Gitlab Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Gitlab's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Gitlab Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Gitlab Inc Stock:Check out Gitlab Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Is Systems Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Gitlab. If investors know Gitlab will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Gitlab listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.75) | Revenue Per Share 3.991 | Quarterly Revenue Growth 0.333 | Return On Assets (0.09) | Return On Equity (0.60) |
The market value of Gitlab Inc is measured differently than its book value, which is the value of Gitlab that is recorded on the company's balance sheet. Investors also form their own opinion of Gitlab's value that differs from its market value or its book value, called intrinsic value, which is Gitlab's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Gitlab's market value can be influenced by many factors that don't directly affect Gitlab's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Gitlab's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gitlab is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gitlab's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.