GTLB vs. DSGX, INFA, DBX, APPF, CDAY, MNDY, DAY, PCTY, GWRE, and U
Should you be buying GitLab stock or one of its competitors? The main competitors of GitLab include The Descartes Systems Group (DSGX), Informatica (INFA), Dropbox (DBX), AppFolio (APPF), Ceridian HCM (CDAY), monday.com (MNDY), Dayforce (DAY), Paylocity (PCTY), Guidewire Software (GWRE), and Unity Software (U). These companies are all part of the "prepackaged software" industry.
The Descartes Systems Group (NASDAQ:DSGX) and GitLab (NASDAQ:GTLB) are both mid-cap computer and technology companies, but which is the better investment? We will compare the two companies based on the strength of their earnings, analyst recommendations, institutional ownership, community ranking, risk, media sentiment, valuation, dividends and profitability.
The Descartes Systems Group has a beta of 0.91, meaning that its stock price is 9% less volatile than the S&P 500. Comparatively, GitLab has a beta of 0.49, meaning that its stock price is 51% less volatile than the S&P 500.
The Descartes Systems Group currently has a consensus target price of $98.44, suggesting a potential upside of 0.68%. GitLab has a consensus target price of $70.73, suggesting a potential upside of 33.67%. Given The Descartes Systems Group's stronger consensus rating and higher possible upside, analysts clearly believe GitLab is more favorable than The Descartes Systems Group.
The Descartes Systems Group has higher earnings, but lower revenue than GitLab. GitLab is trading at a lower price-to-earnings ratio than The Descartes Systems Group, indicating that it is currently the more affordable of the two stocks.
The Descartes Systems Group received 424 more outperform votes than GitLab when rated by MarketBeat users. Likewise, 65.16% of users gave The Descartes Systems Group an outperform vote while only 49.62% of users gave GitLab an outperform vote.
The Descartes Systems Group has a net margin of 20.23% compared to The Descartes Systems Group's net margin of -73.14%. GitLab's return on equity of 9.80% beat The Descartes Systems Group's return on equity.
77.7% of The Descartes Systems Group shares are owned by institutional investors. Comparatively, 91.7% of GitLab shares are owned by institutional investors. 0.3% of The Descartes Systems Group shares are owned by insiders. Comparatively, 28.0% of GitLab shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.
In the previous week, The Descartes Systems Group had 4 more articles in the media than GitLab. MarketBeat recorded 8 mentions for The Descartes Systems Group and 4 mentions for GitLab. The Descartes Systems Group's average media sentiment score of 0.84 beat GitLab's score of 0.78 indicating that GitLab is being referred to more favorably in the news media.
Summary
The Descartes Systems Group beats GitLab on 11 of the 18 factors compared between the two stocks.
Get GitLab News Delivered to You Automatically
Sign up to receive the latest news and ratings for GTLB and its competitors with MarketBeat's FREE daily newsletter.
This chart shows the number of new MarketBeat users adding GTLB and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
Related Companies and Tools
