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The price of Gitlab Inc (NASDAQ: GTLB) closed at $46.96 in the last session, up 0.62% from day before closing price of $46.67. In other words, the price has increased by $0.62 from its previous closing price. On the day, 2.14 million shares were traded. GTLB stock price reached its highest trading level at $48.44 during the session, while it also had its lowest trading level at $46.7736.
Ratios:
We take a closer look at GTLB’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 2.38 and its Current Ratio is at 2.38. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Macquarie on December 12, 2024, initiated with a Outperform rating and assigned the stock a target price of $90.
On October 21, 2024, Needham Upgraded its rating to Buy which previously was Hold but kept the price unchanged to $70.
On October 09, 2024, Morgan Stanley started tracking the stock assigning a Overweight rating and target price of $70.Morgan Stanley initiated its Overweight rating on October 09, 2024, with a $70 target price.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Apr 23 ’25 when BLASING KAREN sold 3,250 shares for $45.00 per share. The transaction valued at 146,250 led to the insider holds 111,983 shares of the business.
Sijbrandij Sytse sold 108,600 shares of GTLB for $4,655,682 on Apr 15 ’25. The Executive Chair of the Board now owns 0 shares after completing the transaction at $42.87 per share. On Apr 15 ’25, another insider, SIJBRANDIJ FOUNDATION, who serves as the Director of the company, bought 30,000 shares for $42.41 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, GTLB now has a Market Capitalization of 7701440000 and an Enterprise Value of 6754851840. For the stock, the TTM Price-to-Sale (P/S) ratio is 10.14 while its Price-to-Book (P/B) ratio in mrq is 9.92. Its current Enterprise Value per Revenue stands at 8.897 whereas that against EBITDA is -50.987.
Stock Price History:
The Beta on a monthly basis for GTLB is 0.79, which has changed by -0.13898057 over the last 52 weeks, in comparison to a change of 0.092895746 over the same period for the S&P500. Over the past 52 weeks, GTLB has reached a high of $74.18, while it has fallen to a 52-week low of $37.90. The 50-Day Moving Average of the stock is -6.76%, while the 200-Day Moving Average is calculated to be -15.05%.
Shares Statistics:
According to the various share statistics, GTLB traded on average about 2.83M shares per day over the past 3-months and 2224380 shares per day over the past 10 days. A total of 144.44M shares are outstanding, with a floating share count of 131.33M. Insiders hold about 19.92% of the company’s shares, while institutions hold 68.92% stake in the company. Shares short for GTLB as of 1744675200 were 8548040 with a Short Ratio of 3.02, compared to 1741910400 on 9348066. Therefore, it implies a Short% of Shares Outstanding of 8548040 and a Short% of Float of 6.35.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
Earnings Estimates
Its stock is currently analyzed by 26.0 different market analysts. The consensus estimate for the next quarter is $0.16, with high estimates of $0.22 and low estimates of $0.14.
Analysts are recommending an EPS of between $1.0 and $0.67 for the fiscal current year, implying an average EPS of $0.73. EPS for the following year is $0.96, with 27.0 analysts recommending between $1.59 and $0.74.
Revenue Estimates
According to 25 analysts, the current quarter’s revenue is expected to be $213.21M. It ranges from a high estimate of $218.79M to a low estimate of $211.59M. As of the current estimate, Gitlab Inc’s year-ago sales were $169.19MFor the next quarter, 25 analysts are estimating revenue of $227.05M. There is a high estimate of $238.34M for the next quarter, whereas the lowest estimate is $218.16M.
A total of 28 analysts have provided revenue estimates for GTLB’s current fiscal year. The highest revenue estimate was $989.31M, while the lowest revenue estimate was $894.06M, resulting in an average revenue estimate of $941.69M. In the same quarter a year ago, actual revenue was $759.25MBased on 28 analysts’ estimates, the company’s revenue will be $1.15B in the next fiscal year. The high estimate is $1.27B and the low estimate is $1.02B.
