Proto Labs (NYSE:PRLB) Releases Q1 2025 Earnings Guidance

Proto Labs (NYSE:PRLB - Get Free Report) issued an update on its first quarter 2025 earnings guidance on Friday morning. The company provided earnings per share guidance of 0.260-0.340 for the period, compared to the consensus earnings per share estimate of 0.340. The company issued revenue guidance of $120.0 million-$128.0 million, compared to the consensus revenue estimate of $124.5 million.

Wall Street Analysts Forecast Growth

PRLB has been the subject of a number of analyst reports. Needham & Company LLC reissued a "hold" rating on shares of Proto Labs in a research report on Friday. Cantor Fitzgerald boosted their target price on Proto Labs from $40.00 to $50.00 and gave the stock an "overweight" rating in a report on Monday. Finally, Craig Hallum raised their target price on shares of Proto Labs from $30.00 to $36.00 and gave the stock a "hold" rating in a research note on Monday, November 4th. Two research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $43.67.

Proto Labs Stock Performance

Shares of PRLB stock traded up $0.85 on Monday, hitting $42.45. The company's stock had a trading volume of 229,753 shares, compared to its average volume of 223,790. Proto Labs has a fifty-two week low of $25.75 and a fifty-two week high of $46.73. The stock's 50 day moving average is $40.70 and its 200-day moving average is $34.78. The company has a market capitalization of $1.04 billion, a PE ratio of 45.22 and a beta of 1.45.

Proto Labs declared that its Board of Directors has initiated a stock buyback plan on Friday, February 7th that allows the company to repurchase $100.00 million in outstanding shares. This repurchase authorization allows the industrial products company to buy up to 9.8% of its stock through open market purchases. Stock repurchase plans are often an indication that the company's board believes its stock is undervalued.

About Proto Labs

Proto Labs, Inc, together with its subsidiaries, operates as a digital manufacturer of custom parts in the United States and Europe. The company offers injection molding; computer numerical control machining; three-dimensional printing; and sheet metal fabrication products. It serves developers and engineers, who use 3D computer-aided design software to design products across a range of end-markets.