Proto Labs (PRLB) Stock Price, News & Analysis

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Proto Labs in the last year. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" PRLB shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PRLB, but not buy additional shares or sell existing shares.
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3 Wall Street analysts have issued 12 month target prices for Proto Labs' stock. Their PRLB share price targets range from $34.00 to $42.00. On average, they predict the company's stock price to reach $38.00 in the next year. This suggests a possible upside of 19.8% from the stock's current price.
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Proto Labs' stock was trading at $38.96 at the start of the year. Since then, PRLB shares have decreased by 18.6% and is now trading at $31.73.
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The company is scheduled to release its next quarterly earnings announcement on Friday, August 2nd 2024.
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Proto Labs, Inc. (NYSE:PRLB) released its quarterly earnings results on Friday, February, 9th. The industrial products company reported $0.27 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.32 by $0.05. The industrial products company had revenue of $125.10 million for the quarter, compared to analyst estimates of $122.81 million. Proto Labs had a net margin of 3.92% and a trailing twelve-month return on equity of 2.88%. The business's revenue for the quarter was up 8.2% compared to the same quarter last year. During the same period in the prior year, the business earned ($4.24) EPS.

ETFs with the largest weight of Proto Labs (NYSE:PRLB) stock in their portfolio include Pacer BlueStar Engineering the Future ETF (BULD), 3D Printing ETF (PRNT), Cultivar ETF (CVAR), SoFi Be Your Own Boss ETF (BYOB), SoFi Be Your Own Boss ETF (GIGE) and Gabelli Automation ETF (GAST).First Trust RBA American Industrial Renaissance ETF (AIRR).

Proto Labs issued an update on its second quarter earnings guidance on Friday, May, 3rd. The company provided EPS guidance of $0.30-0.38 for the period, compared to the consensus EPS estimate of $0.39. The company issued revenue guidance of $122-130 million, compared to the consensus revenue estimate of $128.75 million.

90 employees have rated Proto Labs Chief Executive Officer Victoria Holt on Glassdoor.com. Victoria Holt has an approval rating of 97% among the company's employees. This puts Victoria Holt in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Proto Labs investors own include NVIDIA (NVDA), Tesla (TSLA), Brainstorm Cell Therapeutics (BCLI), Netflix (NFLX), Gilead Sciences (GILD), QUALCOMM (QCOM), Xilinx (XLNX), Advanced Micro Devices (AMD), Walt Disney (DIS) and Block (SQ).

Proto Labs' stock is owned by many different retail and institutional investors. Top institutional investors include Nordea Investment Management AB (0.67%), Principal Financial Group Inc. (0.52%), Empowered Funds LLC (0.31%), Partnership Wealth Management LLC (0.24%), Swiss National Bank (0.20%) and Russell Investments Group Ltd. (0.16%). Insiders that own company stock include Arthur R Baker III and Robert Bodor.
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Shares of PRLB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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