Comparing Planet Labs PBC (NYSE:PL) & TrueBlue (NYSE:TBI)

Planet Labs PBC (NYSE:PLGet Free Report) and TrueBlue (NYSE:TBIGet Free Report) are both industrials companies, but which is the superior stock? We will contrast the two businesses based on the strength of their institutional ownership, valuation, analyst recommendations, dividends, earnings, risk and profitability.

Risk & Volatility

Planet Labs PBC has a beta of 2.1, meaning that its share price is 110% more volatile than the S&P 500. Comparatively, TrueBlue has a beta of 1.67, meaning that its share price is 67% more volatile than the S&P 500.

Institutional & Insider Ownership

41.7% of Planet Labs PBC shares are held by institutional investors. Comparatively, 97.2% of TrueBlue shares are held by institutional investors. 16.4% of Planet Labs PBC shares are held by insiders. Comparatively, 8.0% of TrueBlue shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

Valuation and Earnings

This table compares Planet Labs PBC and TrueBlue”s top-line revenue, earnings per share (EPS) and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Planet Labs PBC $378.28 million 15.78 -$246.86 million ($1.10) -14.91
TrueBlue $1.69 billion 0.16 -$47.96 million ($1.88) -4.75

TrueBlue has higher revenue and earnings than Planet Labs PBC. Planet Labs PBC is trading at a lower price-to-earnings ratio than TrueBlue, indicating that it is currently the more affordable of the two stocks.

Profitability

This table compares Planet Labs PBC and TrueBlue’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Planet Labs PBC -95.13% -93.11% -29.17%
TrueBlue -3.35% -6.26% -2.65%

Analyst Ratings

This is a breakdown of current ratings and recommmendations for Planet Labs PBC and TrueBlue, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Planet Labs PBC 1 6 5 1 2.46
TrueBlue 1 1 1 0 2.00

Planet Labs PBC currently has a consensus target price of $32.77, suggesting a potential upside of 99.79%. TrueBlue has a consensus target price of $7.75, suggesting a potential downside of 13.28%. Given Planet Labs PBC’s stronger consensus rating and higher probable upside, equities research analysts plainly believe Planet Labs PBC is more favorable than TrueBlue.

Summary

Planet Labs PBC beats TrueBlue on 8 of the 15 factors compared between the two stocks.

About Planet Labs PBC

(Get Free Report)

Planet Labs PBC engages in the design, construction, and launch constellations of satellites with the intent of providing high cadence geospatial data delivered to customers through an online platform worldwide. The company’s platform offers planet monitoring, basemap, tasking, apps, and application programming interfaces, as well as analytics and planetary variables. It serves agriculture, mapping, energy, forestry, finance and insurance companies, and government agencies. The company was founded in 2010 and is headquartered in San Francisco, California.

About TrueBlue

(Get Free Report)

TrueBlue, Inc., together with its subsidiaries, provides specialized workforce solutions in the United States, Canada, the United Kingdom, Australia, and Puerto Rico. It operates through three segments: PeopleReady, PeopleManagement, and PeopleScout. The company PeopleReady segment provides general, industrial, and skilled trade contingent staffing services for construction, transportation, manufacturing, retail, hospitality, and renewable energy industries. The PeopleManagement segment offers contingent, on-site industrial staffing, and commercial driver services, which includes on-site management and recruitment for the contingent industrial workforce of manufacturing, warehousing, and distribution facilities; and recruitment and management of contingent and dedicated commercial drivers to the transportation and distribution industries under the Staff Management, SIMOS Insourcing Solutions, and Centerline Drivers brands. The company PeopleScout segment provides recruitment process outsourcing, talent advisory services, and managed service provider solutions including sourcing, screening, hiring, and onboarding services; operates Affinix, a technology platform for sourcing, screening, and delivering a permanent workforce to its clients; talent advisory services, such as employer branding, recruitment marketing, talent insights, diversity, equity and inclusion consulting, candidate assessment, and talent acquisition strategy consulting services; and contingent labor programs including vendor selection, performance management, compliance monitoring, and risk management. TrueBlue, Inc. was formerly known as Labor Ready, Inc. and changed its name to TrueBlue, Inc. in December 2007. The company was incorporated in 1985 and is headquartered in Tacoma, Washington.

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