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After finishing at $51.49 in the prior trading day, Gitlab Inc (NASDAQ: GTLB) closed at $48.95, down -4.93%. In other words, the price has decreased by -$4.93 from its previous closing price. On the day, 3.88 million shares were traded.
Ratios:
Our goal is to gain a better understanding of GTLB by taking a closer look at its different ratios. 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on May 13 ’25 when ROBINS BRIAN G sold 45,000 shares for $53.04 per share. The transaction valued at 2,386,800 led to the insider holds 344,105 shares of the business.
Sijbrandij Sytse sold 108,600 shares of GTLB for $5,758,611 on May 14 ’25. The Executive Chair of the Board now owns 0 shares after completing the transaction at $53.03 per share. On May 15 ’25, another insider, BLASING KAREN, who serves as the Director of the company, sold 3,250 shares for $51.58 each. As a result, the insider received 167,646 and left with 108,733 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 10.65 while its Price-to-Book (P/B) ratio in mrq is 10.34.
Stock Price History:
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 2.74%, while the 200-Day Moving Average is calculated to be -11.14%.
Shares Statistics:
A total of 144.44M shares are outstanding, with a floating share count of 135.82M. Insiders hold about 17.81% of the company’s shares, while institutions hold 73.92% stake in the company.
Earnings Estimates
The stock of Gitlab Inc (GTLB) is currently being evaluated by 26.0 analysts who are actively contributing to its market rating.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 $0.94, with 27.0 analysts recommending between $1.5 and $0.74.
Revenue Estimates
25 analysts predict $213.21M in revenue for the current quarter. 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.
