Is Planet Labs Stock a Good Investment?
Planet Labs Investment Advice | PL |
- Examine Planet Labs' financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Planet Labs' leadership team and their track record. Good management can help Planet Labs navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Industrial Machinery & Supplies & Components space and any emerging trends that could impact Planet Labs' business and its evolving consumer preferences.
- Compare Planet Labs' performance and market position to its competitors. Analyze how Planet Labs is positioned in terms of product offerings, innovation, and market share.
- Check if Planet Labs pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Planet Labs' stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Planet Labs PBC stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that 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. Below is a detailed guide on how to decide if Planet Labs PBC is a good investment.
Sell | Buy |
Cautious Hold
Market Performance | Good | Details | |
Volatility | Unstable | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Poor | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Planet Labs Stock
Researching Planet Labs' stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 55.0% of the company shares are owned by institutional investors. The book value of Planet Labs was at this time reported as 1.61. The company recorded a loss per share of 0.47. Planet Labs PBC last dividend was issued on the November 14, 2014. The entity had 2:1 split on the April 2, 1998.
To determine if Planet Labs is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Planet Labs' research are outlined below:
| Planet Labs PBC is way too risky over 90 days horizon | |
| Planet Labs PBC appears to be risky and price may revert if volatility continues | |
| The company generated the yearly revenue of 220.7 M. Annual Net Loss to common stockholders was (140.51 M) with gross profit of 94.01 M. | |
| 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. | |
| Planet Labs PBC has a poor financial position based on the latest SEC disclosures | |
| Roughly 55.0% of the company shares are owned by institutional investors | |
| Latest headline from fool.com: Why Planet Labs Stock Was Aggressively Defying Gravity This Week |
Planet Labs Quarterly Accounts Payable |
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Planet Labs uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Planet Labs PBC. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Planet Labs' previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 3rd of April 2024 Upcoming Quarterly Report | View | |
| 13th of June 2024 Next Financial Report | View | |
| 31st of January 2024 Next Fiscal Quarter End | View | |
| 3rd of April 2024 Next Fiscal Year End | View | |
| 31st of October 2023 Last Quarter Report | View | |
| 31st of January 2023 Last Financial Announcement | View |
Earnings surprises can significantly impact Planet Labs' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Planet Labs' investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2023-09-07 | 2023-07-31 | -0.08 | -0.07 | 0.01 | 12 | ||
2024-06-06 | 2024-04-30 | -0.07 | -0.05 | 0.02 | 28 | ||
2023-03-29 | 2023-01-31 | -0.16 | -0.14 | 0.02 | 12 | ||
2022-12-14 | 2022-10-31 | -0.17 | -0.15 | 0.02 | 11 | ||
2022-06-14 | 2022-04-30 | -0.15 | -0.17 | -0.02 | 13 | ||
2023-12-07 | 2023-10-31 | -0.08 | -0.05 | 0.03 | 37 | ||
2021-12-13 | 2021-10-31 | -0.0933 | -0.1394 | -0.0461 | 49 | ||
2022-03-31 | 2022-01-31 | -0.14 | -0.26 | -0.12 | 85 |
Know Planet Labs' Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Planet Labs is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Planet Labs PBC backward and forwards among themselves. Planet Labs' institutional investor refers to the entity that pools money to purchase Planet Labs' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Frontier Capital Management Co Inc | 2024-09-30 | 1.6 M | Goldman Sachs Group Inc | 2024-09-30 | 1.3 M | Teramo Advisors, Llc | 2024-09-30 | 1.1 M | Ing Investment Management Llc | 2024-09-30 | 1.1 M | Edbi Pte Ltd | 2024-09-30 | 1.1 M | La Financière De L'echiquier | 2024-06-30 | 1 M | Dimensional Fund Advisors, Inc. | 2024-09-30 | 1 M | Jacobs Levy Equity Management, Inc. | 2024-09-30 | 895.1 K | Morgan Stanley - Brokerage Accounts | 2024-09-30 | 877 K | Alphabet Inc | 2024-09-30 | 31.9 M | Vanguard Group Inc | 2024-09-30 | 15.6 M |
Planet Labs' market capitalization trends
The company currently falls under 'Mid-Cap' category with a market capitalization of 1.12 B.Market Cap |
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Planet Labs' profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.27) | (0.28) | |
| Return On Capital Employed | (0.30) | (0.32) | |
| Return On Assets | (0.20) | (0.21) | |
| Return On Equity | (0.27) | (0.28) |
Determining Planet Labs' profitability involves analyzing its financial statements and using various financial metrics to determine if Planet Labs is a good buy. For example, gross profit margin measures Planet Labs' profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Planet Labs' profitability and make more informed investment decisions.
Planet Labs' Earnings Breakdown by Geography
Evaluate Planet Labs' management efficiency
Planet Labs PBC has Return on Asset (ROA) of (0.1251) % which means that for every 100 dollars spent on asset, it generated a loss of $0.1251. This is way below average. Likewise, it shows a return on total equity (ROE) of (0.2687) %, which implies that it produced no returns to current stockholders. Planet Labs' management efficiency ratios could be used to measure how well Planet Labs manages its routine affairs as well as how well it operates its assets and liabilities. The value of Return On Tangible Assets is estimated to slide to -0.28. The value of Return On Capital Employed is expected to slide to -0.32. The value of Total Assets is estimated to slide to about 668.5 M. The value of Net Tangible Assets is estimated to slide to about 293.1 M| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 1.85 | 3.08 | |
| Tangible Book Value Per Share | 1.20 | 1.62 | |
| Enterprise Value Over EBITDA | (6.13) | (6.44) | |
| Price Book Value Ratio | 1.22 | 1.16 | |
| Enterprise Value Multiple | (6.13) | (6.44) | |
| Price Fair Value | 1.22 | 1.16 | |
| Enterprise Value | 564.6 M | 1 B |
The decision-making processes within Planet Labs are key to its success in a competitive market. By evaluating these processes, we assess the stock's potential for future gains.
Beta 0.97 |
Basic technical analysis of Planet Stock
As of the 2nd of December, Planet Labs holds the Coefficient Of Variation of 631.45, risk adjusted performance of 0.1296, and Semi Deviation of 5.63. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Planet Labs, as well as the relationship between them. Please check Planet Labs PBC standard deviation, as well as the relationship between the maximum drawdown and expected short fall to decide if Planet Labs PBC is priced some-what accurately, providing market reflects its current price of 4.51 per share. Given that Planet Labs has jensen alpha of 0.3741, we recommend you to check out Planet Labs PBC's recent market performance to make sure the company can sustain itself at a future point.Planet Labs' insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Planet Labs insiders, such as employees or executives, is commonly permitted as long as it does not rely on Planet Labs' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Planet Labs insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Planet Labs' Outstanding Corporate Bonds
Planet Labs issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Planet Labs PBC uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Planet bonds can be classified according to their maturity, which is the date when Planet Labs PBC has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
Understand Planet Labs' technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Planet Labs' various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.1296 | |||
| Market Risk Adjusted Performance | 0.2446 | |||
| Mean Deviation | 3.25 | |||
| Semi Deviation | 5.63 | |||
| Downside Deviation | 6.48 | |||
| Coefficient Of Variation | 631.45 | |||
| Standard Deviation | 5.24 | |||
| Variance | 27.47 | |||
| Information Ratio | 0.1321 | |||
| Jensen Alpha | 0.3741 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | 0.1069 | |||
| Treynor Ratio | 0.2346 | |||
| Maximum Drawdown | 37.79 | |||
| Value At Risk | (5.31) | |||
| Potential Upside | 7.69 | |||
| Downside Variance | 41.98 | |||
| Semi Variance | 31.67 | |||
| Expected Short fall | (3.80) | |||
| Skewness | (2.37) | |||
| Kurtosis | 14.16 |
| Risk Adjusted Performance | 0.1296 | |||
| Market Risk Adjusted Performance | 0.2446 | |||
| Mean Deviation | 3.25 | |||
| Semi Deviation | 5.63 | |||
| Downside Deviation | 6.48 | |||
| Coefficient Of Variation | 631.45 | |||
| Standard Deviation | 5.24 | |||
| Variance | 27.47 | |||
| Information Ratio | 0.1321 | |||
| Jensen Alpha | 0.3741 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | 0.1069 | |||
| Treynor Ratio | 0.2346 | |||
| Maximum Drawdown | 37.79 | |||
| Value At Risk | (5.31) | |||
| Potential Upside | 7.69 | |||
| Downside Variance | 41.98 | |||
| Semi Variance | 31.67 | |||
| Expected Short fall | (3.80) | |||
| Skewness | (2.37) | |||
| Kurtosis | 14.16 |
Consider Planet Labs' intraday indicators
Planet Labs intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Planet Labs stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Accumulation Distribution | 1.5 M | |||
| Daily Balance Of Power | 1.115385 | |||
| Rate Of Daily Change | 1.15 | |||
| Day Median Price | 4.33 | |||
| Day Typical Price | 4.39 | |||
| Price Action Indicator | 0.47 | |||
| Period Momentum Indicator | 0.58 |
Planet Labs Corporate Filings
13A | 12th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
13A | 24th of October 2024 The form used by investors holding more than 5% of a company's stock, to report their beneficial ownership pursuant to Rule 13d-1 or Rule 13d-2 under the Securities Exchange Act of 1934 | ViewVerify |
F4 | 17th of September 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
8K | 5th of September 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
Planet Stock media impact
Far too much social signal, news, headlines, and media speculation about Planet Labs that are available to investors today. That information is available publicly through Planet media outlets and privately through word of mouth or via Planet internal channels. However, regardless of the origin, that massive amount of Planet data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Planet Labs news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Planet Labs relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Planet Labs' headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Planet Labs alpha.
Planet Labs Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Planet Labs can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Planet Labs Corporate Management
| Brian Hernacki | VP Software | Profile | |
| Kristi Erickson | Chief Officer | Profile | |
| Robert Schingler | Chief CoFounder | Profile | |
| Andrew Zolli | Chief Officer | Profile | |
| Tramayne Whitney | Chief Officer | Profile | |
| Donna Prlich | Chief Officer | Profile | |
| Amy Keating | Chief Secretary | Profile |
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 closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Is Industrial Machinery & Supplies & Components 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 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 (0.47) | Revenue Per Share 0.82 | Quarterly Revenue Growth 0.136 | Return On Assets (0.13) | Return On Equity (0.27) |
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.
In summary, please note that there is a difference between Planet Labs' value and its price, as these two are different measures arrived at by various 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.