Proto Labs, Inc. (NYSE:PRLB) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Proto Labs, Inc. (NYSE:PRLBGet Free Report) has been assigned an average rating of “Moderate Buy” from the six brokerages that are covering the firm, Marketbeat.com reports. Two analysts have rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company. The average 12 month price target among analysts that have issued a report on the stock in the last year is $53.3333.

PRLB has been the topic of several analyst reports. Benchmark raised their price target on shares of Proto Labs from $45.00 to $55.00 and gave the company a “buy” rating in a research report on Monday, November 3rd. Zacks Research upgraded Proto Labs from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, November 5th. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of Proto Labs in a research note on Wednesday, October 8th.

Check Out Our Latest Stock Analysis on Proto Labs

Proto Labs Stock Up 1.8%

Proto Labs stock opened at $53.04 on Tuesday. The business’s 50-day moving average price is $51.25 and its 200 day moving average price is $47.14. The firm has a market cap of $1.26 billion, a price-to-earnings ratio of 86.95 and a beta of 1.18. Proto Labs has a 52 week low of $29.58 and a 52 week high of $55.90.

Proto Labs (NYSE:PRLBGet Free Report) last released its quarterly earnings data on Friday, October 31st. The industrial products company reported $0.47 EPS for the quarter, topping the consensus estimate of $0.39 by $0.08. The business had revenue of $135.37 million for the quarter, compared to analyst estimates of $133.83 million. Proto Labs had a return on equity of 2.23% and a net margin of 2.86%.The business’s quarterly revenue was up 8.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.47 EPS. Proto Labs has set its Q4 2025 guidance at 0.300-0.380 EPS. Equities analysts expect that Proto Labs will post 0.81 EPS for the current year.

Insider Activity at Proto Labs

In other news, insider Michael R. Kenison sold 3,048 shares of the company’s stock in a transaction that occurred on Tuesday, November 25th. The stock was sold at an average price of $50.17, for a total transaction of $152,918.16. Following the completion of the transaction, the insider directly owned 28,898 shares of the company’s stock, valued at $1,449,812.66. This represents a 9.54% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. 1.20% of the stock is owned by company insiders.

Hedge Funds Weigh In On Proto Labs

Hedge funds and other institutional investors have recently made changes to their positions in the company. NewEdge Advisors LLC increased its position in Proto Labs by 7,380.0% during the first quarter. NewEdge Advisors LLC now owns 748 shares of the industrial products company’s stock worth $26,000 after purchasing an additional 738 shares during the last quarter. Aquatic Capital Management LLC purchased a new stake in shares of Proto Labs in the 3rd quarter valued at approximately $64,000. State of Wyoming acquired a new stake in shares of Proto Labs during the 1st quarter worth approximately $99,000. Tower Research Capital LLC TRC increased its holdings in shares of Proto Labs by 363.0% during the 2nd quarter. Tower Research Capital LLC TRC now owns 2,806 shares of the industrial products company’s stock worth $112,000 after buying an additional 2,200 shares during the last quarter. Finally, Osaic Holdings Inc. raised its position in shares of Proto Labs by 477.4% during the 2nd quarter. Osaic Holdings Inc. now owns 3,072 shares of the industrial products company’s stock valued at $123,000 after buying an additional 2,540 shares during the period. Hedge funds and other institutional investors own 84.54% of the company’s stock.

About Proto Labs

(Get Free Report)

Proto Labs, Inc is a digital manufacturing company that offers on-demand production services for custom parts and prototypes. Utilizing technologies such as 3D printing (additive manufacturing), CNC machining and injection molding, the company transforms digital CAD designs into functional parts on accelerated timelines. Its platform-driven process combines automated quoting, rapid tool generation and manufacturing execution to serve product developers, engineers and small- to medium-sized production runs.

Founded in 1999 by Larry Lukis, Proto Labs has championed the application of digital workflows to traditional manufacturing methods.

Further Reading

Analyst Recommendations for Proto Labs (NYSE:PRLB)

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