Planet Labs Pbc Stock Today
| PL Stock | USD 1.76 0.01 0.57% |
Performance0 of 100
| Odds Of DistressLess than 8
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Planet Labs is selling for 1.76 as of the 19th of April 2024. This is a 0.57 percent increase since the beginning of the trading day. The stock's lowest day price was 1.74. Planet Labs has only a 8 % chance of going through financial distress over the next few years, but has generated negative returns over the last 90 days. Equity ratings for Planet Labs PBC are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of May 2022 and ending today, the 19th of April 2024. Click here to learn more.
Business Domain Capital Goods | IPO Date 26th of March 1990 | Category Industrials |
Planet Labs PBC designs, constructs, and launches constellations of satellites with the intent of providing high cadence geospatial data delivered to customers through an online platform worldwide. The company was incorporated in 2010 and is headquartered in San Francisco, California. The company has 269.46 M outstanding shares of which 7.64 M shares are at this time sold short in the market by investors with about 5.74 days to cover all shorted shares. More on Planet Labs PBC
Follow Valuation Options Odds of Bankruptcy
Financial Report 13th of June 2024
Planet Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Planet Labs' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Planet Labs or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman of the Board | Phothiphong Lamsam | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | Electronic Equipment (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Old Name | Pinnacle Renewable Energy Inc | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Industrial Machinery & Supplies & Components, Aerospace & Defense, Industrials, NYSE Composite, Stock Exchange Of, Electronic Equipment, Industrials, Machinery, Aerospace & Defense, Industrials (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Planet Labs report their recommendations after researching Planet Labs' financial statements, talking to executives and customers, or listening in on Planet Labs' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Planet Labs PBC. The Planet consensus assessment is calculated by taking the average forecast from all of the analysts covering Planet Labs. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the key indicators related to Planet Labs' liquidity, profitability, solvency, and operating efficiency, Planet Labs PBC is not in a good financial situation at this time. It has a very high probability of going through financial hardship in May. Financial strength of Planet Labs PBC is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Planet Labs' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Planet Labs' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Planet Labs' financial leverage. It provides some insight into what part of Planet Labs' total assets is financed by creditors.
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Planet Labs PBC (PL) is traded on New York Stock Exchange in USA. It is located in 645 Harrison Street, San Francisco, CA, United States, 94107 and employs 33 people. Planet Labs is listed under Industrial Machinery & Supplies & Components category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a market capitalization of 511.49 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Planet Labs's market, we take the total number of its shares issued and multiply it by Planet Labs's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Planet Labs PBC is active under Machinery sector as part of Industrials industry. The entity has 269.46 M outstanding shares of which 7.64 M shares are at this time sold short in the market by investors with about 5.74 days to cover all shorted shares.
Planet Labs PBC reports about 181.89 M in cash with (50.71 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.7.
Check Planet Labs Probability Of Bankruptcy
Ownership AllocationPlanet Labs owns a total of 269.46 Million outstanding shares. Over half of Planet Labs' outstanding shares are owned by third-party entities. These third-party entities are typically referred to as corporate investors that secure positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulations than regular investors in Planet Labs. Please watch out for any change in the institutional holdings of Planet Labs PBC as this could mean something significant has changed or is about to change at the company. Please note that no matter how many assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Planet Ownership Details
Planet Stock Price Odds Analysis
Proceeding from a normal probability distribution, the odds of Planet Labs jumping above the current price in 90 days from now is close to 99%. The Planet Labs PBC probability density function shows the probability of Planet Labs stock to fall within a particular range of prices over 90 days. Allowing for the 90-day total investment horizon the stock has a beta coefficient of 3.4633 indicating as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Planet Labs will likely underperform. Additionally, planet Labs PBC has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Planet Labs to move above the current price in 90 days from now is close to 99 (This Planet Labs PBC probability density function shows the probability of Planet Stock to fall within a particular range of prices over 90 days) .
Planet Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Planet Labs that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Planet Labs' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Planet Labs' value.| Instituion | Recorded On | Shares | |
| Charles Schwab Investment Management Inc | 2023-12-31 | 1.5 M | |
| Frontier Capital Management Co Inc | 2023-12-31 | 1.3 M | |
| Arrowmark Colorado Holdings, Llc (arrowmark Partners) | 2023-12-31 | 1.3 M | |
| Exchange Traded Concepts, Llc | 2023-12-31 | 1.2 M | |
| Teramo Advisors, Llc | 2023-12-31 | 1.1 M | |
| La Financière De L'echiquier | 2023-12-31 | 1.1 M | |
| Edbi Pte Ltd | 2023-12-31 | 1.1 M | |
| Rizvi Traverse Management, Llc | 2023-12-31 | 1.1 M | |
| Dimensional Fund Advisors, Inc. | 2023-12-31 | 948.3 K | |
| Alphabet Inc | 2023-12-31 | 31.9 M | |
| Vanguard Group Inc | 2023-12-31 | 18.3 M |
Planet Labs Historical Income Statement
Planet Labs PBC Income Statement is one of the three primary financial statements used for reporting Planet's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Planet Labs PBC revenue and expense. Planet Labs Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Planet Labs' Tax Provision is quite stable compared to the past year. Net Interest Income is expected to rise to about 16.2 M this year, although the value of Depreciation And Amortization will most likely fall to about 45.2 M. View More FundamentalsPlanet Stock Against Markets
Picking the right benchmark for Planet Labs stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Planet Labs stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Planet Labs is critical whether you are bullish or bearish towards Planet Labs PBC at a given time. Please also check how Planet Labs' historical prices are related to one of the top price index indicators.
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Planet Labs Corporate Directors
Planet Labs corporate directors refer to members of a Planet Labs board of directors. The board of directors generally takes responsibility for the Planet Labs' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Planet Labs' board members must vote for the resolution. The Planet Labs board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Sueptrakun Sunthorntham | Independent Director | Profile | |
| Chanthra Buranaroek | Independent Director | Profile | |
| Anuphon Likhitphruekphaisan | Independent Director | Profile | |
| Aphatsorn Bunnak | Independent Director | Profile |
How to buy Planet Stock?
Before investing in Planet Labs, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Planet Labs. To buy Planet Labs stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Planet Labs. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Planet Labs stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Planet Labs PBC stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Planet Labs PBC stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Planet Labs PBC, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Planet Stock please use our How to Invest in Planet Labs guide.
Already Invested in Planet Labs PBC?
The danger of trading Planet Labs PBC is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Planet Labs is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Planet Labs. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Planet Labs PBC is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Planet Labs PBC is a strong investment it is important to analyze Planet Labs' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Planet Labs' future performance. For an informed investment choice regarding Planet Stock, refer to the following important reports: Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Planet Labs PBC. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Complementary Tools for Planet Stock analysis
When running Planet Labs' price analysis, check to measure Planet Labs' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Planet Labs is operating at the current time. Most of Planet Labs' value examination focuses on studying past and present price action to predict the probability of Planet Labs' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Planet Labs' price. Additionally, you may evaluate how the addition of Planet Labs to your portfolios can decrease your overall portfolio volatility.
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Is Planet Labs' industry 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 Planet Labs. If investors know Planet 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 Planet Labs listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.50) | Revenue Per Share 0.789 | Quarterly Revenue Growth 0.111 | Return On Assets (0.14) | Return On Equity (0.26) |
The market value of Planet Labs PBC is measured differently than its book value, which is the value of Planet that is recorded on the company's balance sheet. Investors also form their own opinion of Planet Labs' value that differs from its market value or its book value, called intrinsic value, which is Planet Labs' 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 Planet Labs' market value can be influenced by many factors that don't directly affect Planet Labs' 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 Planet Labs' value and its price as these two are different measures arrived at by different means. Investors typically determine if Planet Labs is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Planet Labs' 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.