Planet Labs Pbc Stock Today

PL Stock  USD 3.51  0.19  5.72%   

Performance

7 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Less than 8

 
High
 
Low
Low
Planet Labs is selling for 3.51 as of the 24th of November 2024. This is a 5.72 percent increase since the beginning of the trading day. The stock's lowest day price was 3.3. Planet Labs has only a 8 % chance of going through financial distress over the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for Planet Labs PBC are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 5th of December 2022 and ending today, the 24th of November 2024. Click here to learn more.
Business Domain
Capital Goods
IPO Date
26th of March 1990
Category
Industrials
Planet Labs PBC designs, constructs, and launches constellations of satellites with the intent of providing high cadence geospatial data delivered to customers through an online platform worldwide. The company was incorporated in 2010 and is headquartered in San Francisco, California. The company has 272.32 M outstanding shares of which 5.92 M shares are at this time sold short in the market by investors with about 3.7 days to cover all shorted shares. More on Planet Labs PBC

Moving against Planet Stock

  0.53HII Huntington IngallsPairCorr
  0.49GD General Dynamics Fiscal Year End 22nd of January 2025 PairCorr

Planet Stock Highlights

ESG Sustainability
Environmental
Governance
Social
President BusinessKevin Weil
Thematic IdeaElectronic Equipment (View all Themes)
Old NamePinnacle Renewable Energy Inc
Business ConcentrationIndustrial Machinery & Supplies & Components, Aerospace & Defense, Industrials, NYSE Composite, Stock Exchange Of, SET Total Return, Electronic Equipment, Industrials, Machinery, Aerospace & Defense, Industrials (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.210.3144
Way Down
Pretty Stable
Total Current Liabilities125.6 M136.6 M
Significantly Down
Slightly volatile
Non Current Liabilities Total64 M47.3 M
Significantly Up
Very volatile
Total Assets668.5 M702 M
Notably Down
Slightly volatile
Total Current Assets348.3 M370.2 M
Notably Down
Slightly volatile
Debt Levels
Planet Labs can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Planet Labs' financial leverage. It provides some insight into what part of Planet Labs' total assets is financed by creditors.
Liquidity
Planet Labs PBC reports 24.93 M of total liabilities with total debt to equity ratio (D/E) of 0.01, which may suggest the company is not taking enough advantage from financial leverage. Planet Labs PBC has a current ratio of 4.04, indicating that it is in good position to pay out its debt commitments in time. Note however, debt could still be an excellent tool for Planet to invest in growth at high rates of return.

Free Cash Flow

(97.78 Million)
Planet Labs PBC (PL) is traded on New York Stock Exchange in USA. It is located in 645 Harrison Street, San Francisco, CA, United States, 94107 and employs 1,020 people. Planet Labs is listed under Industrial Machinery & Supplies & Components category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a market capitalization of 1.03 B. Planet Labs PBC is active under Machinery sector as part of Industrials industry. The entity has 272.32 M outstanding shares of which 5.92 M shares are at this time sold short in the market by investors with about 3.7 days to cover all shorted shares. 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.
Check Planet Labs Probability Of Bankruptcy
Ownership Allocation
Planet Labs owns a total of 272.32 Million outstanding shares. Over half of Planet Labs' outstanding shares are owned by third-party entities. These third-party entities are typically referred to as corporate investors that secure positions in a given instrument to benefit from reduced trade commissions. Please note that no matter how many assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Planet Ownership Details

Planet Stock Institutional Holders

InstituionRecorded OnShares
Frontier Capital Management Co Inc2024-09-30
1.6 M
Goldman Sachs Group Inc2024-06-30
1.4 M
Exchange Traded Concepts, Llc2024-06-30
1.1 M
Ing Investment Management Llc2024-06-30
1.1 M
Teramo Advisors, Llc2024-09-30
1.1 M
Morgan Stanley - Brokerage Accounts2024-06-30
1.1 M
Edbi Pte Ltd2024-09-30
1.1 M
La Financière De L'echiquier2024-06-30
M
Dimensional Fund Advisors, Inc.2024-09-30
M
Alphabet Inc2024-09-30
31.9 M
Vanguard Group Inc2024-09-30
15.6 M
View Planet Labs Diagnostics

Planet Labs Historical Income Statement

At this time, Planet Labs' Tax Provision is quite stable compared to the past year. Net Interest Income is expected to rise to about 16.2 M this year, although the value of Depreciation And Amortization will most likely fall to about 44.3 M. View More Fundamentals

Planet Stock Against Markets

Planet Labs Corporate Management

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 Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
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.
Please note, there is a significant difference between Planet Labs' value and its price as these two are different measures arrived at by different 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.