Gitlab Inc Stock Today
| GTLB Stock | USD 63.80 2.57 3.87% |
Performance10 of 100
| Odds Of DistressLess than 25
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Gitlab is trading at 63.80 as of the 28th of November 2024, a 3.87 percent decrease since the beginning of the trading day. The stock's open price was 66.37. Gitlab has about a 25 % chance of experiencing some form of financial distress in the next two years of operation and had a somewhat ok performance during the last 90 days. Equity ratings for Gitlab Inc are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of December 2022 and ending today, the 28th of November 2024. Click here to learn more.
Business Domain Software & Services | IPO Date 14th of October 2021 | Category Technology | Classification Information Technology |
GitLab Inc., through its subsidiaries, develops software for the software development lifecycle in the United States, Europe, and the Asia Pacific. The company was founded in 2011 and is headquartered in San Francisco, California. Gitlab Inc operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange. The company has 136.46 M outstanding shares of which 4.5 M shares are currently shorted by private and institutional investors with about 3.33 trading days to cover. More on Gitlab Inc
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Gitlab Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
| Business Concentration | Systems Software, Software - Infrastructure, Information Technology, ISE Cloud Computing, NASDAQ Composite, Information Technology, Software, Software—Application, Technology (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Debt LevelsGitlab can leverage 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 Gitlab's financial leverage. It provides some insight into what part of Gitlab's total assets is financed by creditors.
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Gitlab Inc (GTLB) is traded on NASDAQ Exchange in USA. It is located in 268 Bush Street, San Francisco, CA, United States, 94104-3503 and employs 2,130 people. Gitlab is listed under Systems Software category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a current market capitalization of 10.65 B. Gitlab Inc conducts business under Software sector and is part of Information Technology industry. The entity has 136.46 M outstanding shares of which 4.5 M shares are currently shorted by private and institutional investors with about 3.33 trading days to cover.
Gitlab Inc currently holds about 930.19 M in cash with 35.04 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 6.25.
Check Gitlab Probability Of Bankruptcy
Ownership AllocationGitlab Inc has a total of 136.46 Million outstanding shares. The majority of Gitlab Inc outstanding shares are owned by outside corporations. These institutional investors are usually referred to as non-private investors looking to purchase positions in Gitlab to benefit from reduced commissions. Consequently, third-party entities are subject to a different set of regulations than regular investors in Gitlab Inc. Please pay attention to any change in the institutional holdings of Gitlab Inc as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company holds, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Gitlab Ownership Details
Gitlab Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Morgan Stanley - Brokerage Accounts | 2024-06-30 | 2.4 M | |
| Geode Capital Management, Llc | 2024-09-30 | 2 M | |
| State Street Corp | 2024-06-30 | 1.9 M | |
| Amvescap Plc. | 2024-06-30 | 1.9 M | |
| First Trust Advisors L.p. | 2024-06-30 | 1.6 M | |
| Bamco Inc | 2024-09-30 | 1.3 M | |
| Fiera Capital Corporation | 2024-06-30 | 1.2 M | |
| Pictet Asset Manangement Sa | 2024-06-30 | 1.1 M | |
| Renaissance Technologies Corp | 2024-09-30 | 1 M | |
| Vanguard Group Inc | 2024-09-30 | 12.3 M | |
| Alphabet Inc | 2024-09-30 | 9.8 M |
Gitlab Historical Income Statement
Gitlab Stock Against Markets
Gitlab Corporate Management
| Sabrina Farmer | Chief Officer | Profile | |
| Robin Schulman | Head Officer | Profile | |
| Natasha Woods | Director Communications | Profile | |
| Ashley Kramer | Chief Officer | Profile | |
| Sytse Sijbrandij | Chairman, CoFounder | Profile |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in 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. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
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 (2.34) | Revenue Per Share 4.226 | Quarterly Revenue Growth 0.308 | Return On Assets (0.08) | Return On Equity (0.48) |
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.