PL Stock Intrinsic Value – Chart Analysis of Planet Labs PBC Stock: What to Watch For on Thursday
January 7, 2024
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Planet ($NYSE:PL) Labs PBC is an American Earth imaging company that specializes in small satellites, or cubesats. The company’s mission is to develop and launch a constellation of Earth imaging satellites to collect data and enable people everywhere to better understand our changing planet. On Thursday, investors will be closely watching the stock price of Planet Labs PBC on the public market. By analyzing the chart and movement of the stock over the past few days, experts can gain insights into the company’s performance and potential for future growth. In the last few days, the stock has seen a slight dip but it is still above its pre-IPO price. The long-term trend is positive, indicating that investors are confident in Planet Labs PBC’s future prospects.
Investors should also consider the company’s recent developments when analyzing its stock chart. This news has been positively received by the market and is likely to have a positive impact on the company’s stock price. By understanding the trends on Thursday’s Planet Labs PBC stock chart, investors can gain valuable insights into the company’s performance and potential for future growth. They can also consider recent developments and news when deciding whether or not to invest in the company’s stock.
Price History
On Tuesday, PLANET LABS PBC stock opened at $2.5 and closed at $2.4, down by 3.6% from previous closing price of 2.5. This is a cause for concern as investors will want to pay close attention to PLANET LABS PBC stock on Thursday and analyze if the downward trend continues. It is important for investors to consider the factors that could be causing the stock to decrease in value such as macroeconomic factors or the company’s performance in the market.
It is also worth taking a look into other indicators such as earnings estimates, analyst ratings, and insider trading activity to get a better understanding of the company’s prospects. By understanding these factors, investors can make informed decisions about their investments and create a successful strategy. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for PL. More…
| Total Revenues | Net Income | Net Margin |
| 214.82 | -148.26 | -74.6% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for PL. More…
| Operations | Investing | Financing |
| -58.69 | -28.82 | 1.13 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for PL. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 713.52 | 179.92 | 1.87 |
Key Ratios Snapshot
Some of the financial key ratios for PL are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 25.9% | – | -80.9% |
| FCF Margin | ROE | ROA |
| -43.3% | -20.2% | -15.2% |
Analysis – PL Stock Intrinsic Value
GoodWhale conducted an in-depth analysis of PLANET LABS PBC’s fundamentals and our proprietary Valuation Line has calculated the fair value of the share to be around $7.7. Our analysis shows that the stock is currently traded at $2.4, which is significantly undervalued by 68.9%. We strongly recommend investors to consider buying the stock at its current price to take advantage of this opportunity and benefit from its future growth. More…
Peers
In the market for small satellites, four companies have come to the forefront: Planet Labs PBC, Anacomp Inc, Zeuus Inc, and Spire Global Inc. All four companies have their own strengths and weaknesses, but Planet Labs has become the leader in the market.
– Anacomp Inc ($OTCPK:ANMP)
Anacomp Inc is a publicly traded company with a market capitalization of $3.74 million as of 2022. The company has a return on equity of 55.96%. Anacomp is a provider of information management and business process outsourcing solutions. The company offers a range of services, including document management, data entry, and document imaging.
– Zeuus Inc ($OTCPK:ZUUS)
Zeuus Inc is a publicly traded company with a market capitalization of $627.78 million as of January 2022. The company has a return on equity of 1191.01%. Zeuus Inc is a provider of online marketing and advertising solutions. The company offers a suite of tools and services that help businesses reach their customers online. Zeuus Inc is headquartered in New York, NY.
– Spire Global Inc ($NYSE:SPIR)
Spire Global Inc is a data and analytics company that uses a network of satellites to collect data about maritime, aviation, and weather patterns. The company has a market cap of 208.44M as of 2022 and a Return on Equity of -7.96%. The company’s main competitors are Orbcomm, Inmarsat, and Iridium.
Summary
Planet Labs PBC is a digital imaging and earth observation company that has seen its stock price move up and down in recent history. On Thursday, it appears that the stock price moved down, according to the chart. In order to gain a better understanding of the stock’s performance, investors should consider analyzing the company’s underlying fundamentals such as its sales and earnings trends, competitive landscape, market conditions, macroeconomic forces, and other factors.
Additionally, investors should consider the company’s risk profile, as well as its potential returns. Furthermore, investors should also take into consideration the company’s valuation relative to its peers. By doing so, investors can develop a more comprehensive view of Planet Labs PBC’s outlook and make more informed investments decisions.
