Proto Labs (PRLB) Projected to Post Quarterly Earnings on Friday

Proto Labs (NYSE:PRLB - Get Free Report) is projected to release its earnings data before the market opens on Friday, February 7th. Analysts expect Proto Labs to post earnings of $0.32 per share and revenue of $120.12 million for the quarter. Investors that wish to listen to the company's conference call can do so using this link.

Proto Labs (NYSE:PRLB - Get Free Report) last issued its earnings results on Friday, November 1st. The industrial products company reported $0.47 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.32 by $0.15. The company had revenue of $125.60 million during the quarter, compared to analysts' expectations of $121.38 million. Proto Labs had a net margin of 4.76% and a return on equity of 3.49%. The firm's quarterly revenue was down 3.9% compared to the same quarter last year. During the same period last year, the company posted $0.31 earnings per share. On average, analysts expect Proto Labs to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Proto Labs Trading Down 0.8 %

Shares of NYSE:PRLB traded down $0.32 during trading on Friday, hitting $41.68. 192,400 shares of the stock were exchanged, compared to its average volume of 192,995. The company has a market cap of $1.02 billion, a PE ratio of 44.34 and a beta of 1.45. The company has a fifty day moving average price of $40.51 and a two-hundred day moving average price of $34.43. Proto Labs has a 12-month low of $25.75 and a 12-month high of $45.15.

Analysts Set New Price Targets

A number of analysts have commented on PRLB shares. Craig Hallum boosted their target price on Proto Labs from $30.00 to $36.00 and gave the stock a "hold" rating in a research report on Monday, November 4th. Needham & Company LLC reiterated a "hold" rating on shares of Proto Labs in a research report on Thursday, January 16th. Finally, Cantor Fitzgerald reissued an "overweight" rating and issued a $40.00 price objective on shares of Proto Labs in a research note on Monday, November 4th. Two investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to MarketBeat, Proto Labs presently has an average rating of "Moderate Buy" and a consensus target price of $40.33.

Proto Labs Company Profile

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.