Proto Labs (PRLB) Stock Price, News & Analysis

Company Overview

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. Proto Labs, Inc. was incorporated in 1999 and is headquartered in Maple Plain, Minnesota.

Key Stats

• Today's Range: $36.59 to $39.38
• 50-Day Range: $26.71 to $39.81
• 52-Week Range: $25.75 to $41.87
• Volume: 421,882 shs
• Average Volume: 347,813 shs
• Market Capitalization: $962.02 million
• P/E Ratio: 41.76
• Dividend Yield: N/A
• Price Target: $40.33
• Consensus Rating: Moderate Buy

Proto Labs Stock Analysis - MarketRank™

Proto Labs scored higher than 32% of companies evaluated by MarketBeat, and ranked 162nd out of 178 stocks in the industrial products sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Proto Labs has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 2 buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Proto Labs has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: -21.43%

Earnings Growth

Earnings for Proto Labs are expected to decrease by -21.43% in the coming year, from $0.84 to $0.66 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Proto Labs is 41.76, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 123.44.

Price to Earnings Ratio vs. Sector

The P/E ratio of Proto Labs is 41.76, which means that it is trading at a more expensive P/E ratio than the Industrial Products sector average P/E ratio of about 18.06.

Price to Book Value per Share Ratio

Proto Labs has a P/B Ratio of 1.41. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

4.17% of the float of Proto Labs has been sold short.

Short Interest Ratio / Days to Cover

Proto Labs has a short interest ratio ("days to cover") of 3.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Proto Labs has recently increased by 3.76%, indicating that investor sentiment is decreasing.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Proto Labs does not currently pay a dividend.

Dividend Growth

Proto Labs does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

4.17% of the float of Proto Labs has been sold short.

Short Interest Ratio / Days to Cover

Proto Labs has a short interest ratio ("days to cover") of 3.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Proto Labs has recently increased by 3.76%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 3.7 / 5
• News Sentiment: 1.73

News Sentiment

Proto Labs has a news sentiment score of 1.73. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.76 average news sentiment score of Industrial Products companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Proto Labs this week, compared to 3 articles on an average week.

Search Interest

4 people have searched for PRLB on MarketBeat in the last 30 days.

MarketBeat Follows

2 people have added Proto Labs to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, Proto Labs insiders have bought more of their company's stock than they have sold. Specifically, they have bought $99,806.00 in company stock and sold $0.00 in company stock.

Percentage Held by Insiders

Only 1.20% of the stock of Proto Labs is held by insiders.

Percentage Held by Institutions

84.54% of the stock of Proto Labs is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

PRLB Stock Analysis - Frequently Asked Questions

How have PRLB shares performed this year?

Proto Labs' stock was trading at $38.96 at the beginning of 2024. Since then, PRLB shares have increased by 0.7% and is now trading at $39.25.
View the best growth stocks for 2024 here.

How were Proto Labs' earnings last quarter?

Proto Labs, Inc. (NYSE:PRLB) issued its earnings results on Friday, November, 1st. The industrial products company reported $0.47 earnings per share for the quarter, topping analysts' consensus estimates of $0.32 by $0.15. Proto Labs's quarterly revenue was down 3.9% on a year-over-year basis.

Who are Proto Labs' major shareholders?

Top institutional shareholders of Proto Labs include Disciplined Growth Investors Inc. MN (8.39%), State Street Corp (3.94%), Geode Capital Management LLC (2.39%) and Pacer Advisors Inc. (2.34%). Insiders that own company stock include Robert Bodor and Arthur R Baker III.
View institutional ownership trends.

How do I buy shares of Proto Labs?

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.
Compare Top Brokerages Here.

What other stocks do shareholders of Proto Labs own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Proto Labs investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Broadcom (AVGO), Netflix (NFLX), Tesla (TSLA) and PayPal (PYPL).

Company Calendar

• Last Earnings: 11/01/2024
• Today: 11/20/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/14/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Industrial Products
• Industry: Fabricated structural metal products
• Sub-Industry: Industrial Machinery
• Current Symbol: NYSE:PRLB
• CUSIP: 74371310
• CIK: 1443669
• Web: www.protolabs.com
• Phone: (763) 479-3680
• Fax: 763-479-2679
• Employees: 2,415
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $40.33
• High Stock Price Target: $45.00
• Low Stock Price Target: $36.00
• Potential Upside/Downside: +2.8%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 4 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.94
• Trailing P/E Ratio: 41.76
• Forward P/E Ratio: 46.73
• P/E Growth: N/A
• Net Income: $17.22 million
• Net Margins: 4.76%
• Pretax Margin: 6.92%
• Return on Equity: 3.49%
• Return on Assets: 3.14%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 3.59
• Quick Ratio: 3.36

Sales & Book Value

• Annual Sales: $503.88 million
• Price / Sales: 1.91
• Cash Flow: $2.22 per share
• Price / Cash Flow: 17.65
• Book Value: $26.96 per share
• Price / Book: 1.46

Miscellaneous

• Outstanding Shares: 24,510,000
• Free Float: 24,216,000
• Market Cap: $962.02 million
• Optionable: Optionable
• Beta: 1.32