Proto Labs, Inc. (NYSE:PRLB) Receives Average Rating of “Buy” from Brokerages

Shares of Proto Labs, Inc. (NYSE:PRLB) have received an average recommendation of “Buy” from the five brokerages that are covering the company, Marketbeat reports. One investment analyst has rated the stock with a hold recommendation, three have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is $53.3333.

A number of research analysts have commented on PRLB shares. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Proto Labs in a report on Thursday, January 22nd. Zacks Research raised shares of Proto Labs from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, February 11th.

Insider Transactions at Proto Labs

In other Proto Labs news, insider Michael R. Kenison sold 2,500 shares of the business’s stock in a transaction dated Friday, February 6th. The shares were sold at an average price of $60.00, for a total value of $150,000.00. Following the completion of the sale, the insider owned 34,526 shares of the company’s stock, valued at $2,071,560. The trade was a 6.75% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 1.70% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Proto Labs

A number of hedge funds and other institutional investors have recently made changes to their positions in PRLB. Royal Bank of Canada grew its position in Proto Labs by 51.3% during the first quarter. Royal Bank of Canada now owns 6,510 shares of the industrial products company’s stock worth $228,000 after buying an additional 2,207 shares in the last quarter. AQR Capital Management LLC raised its holdings in Proto Labs by 3.3% in the 1st quarter. AQR Capital Management LLC now owns 63,871 shares of the industrial products company’s stock valued at $2,238,000 after acquiring an additional 2,040 shares in the last quarter. NewEdge Advisors LLC raised its holdings in Proto Labs by 7,380.0% in the 1st quarter. NewEdge Advisors LLC now owns 748 shares of the industrial products company’s stock valued at $26,000 after acquiring an additional 738 shares in the last quarter. JPMorgan Chase & Co. lifted its position in shares of Proto Labs by 68.8% during the 2nd quarter. JPMorgan Chase & Co. now owns 21,756 shares of the industrial products company’s stock valued at $871,000 after acquiring an additional 8,864 shares during the period. Finally, Franklin Resources Inc. lifted its position in shares of Proto Labs by 3.5% during the 2nd quarter. Franklin Resources Inc. now owns 30,864 shares of the industrial products company’s stock valued at $1,236,000 after acquiring an additional 1,048 shares during the period. 84.54% of the stock is currently owned by institutional investors and hedge funds.

Proto Labs Stock Up 2.1%

Shares of PRLB stock opened at $58.21 on Thursday. Proto Labs has a 12-month low of $29.58 and a 12-month high of $68.91. The company has a market capitalization of $1.38 billion, a PE ratio of 66.15 and a beta of 1.31. The firm has a 50 day moving average price of $59.24 and a two-hundred day moving average price of $54.15.

Proto Labs (NYSE:PRLB) last posted its earnings results on Friday, February 6th. The industrial products company reported $0.44 EPS for the quarter, beating the consensus estimate of $0.35 by $0.09. The company had revenue of $136.49 million for the quarter, compared to the consensus estimate of $129.07 million. Proto Labs had a return on equity of 3.19% and a net margin of 3.98%.The firm’s revenue for the quarter was up 12.1% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.38 earnings per share. Proto Labs has set its Q1 2026 guidance at 0.360-0.440 EPS. As a group, research analysts expect that Proto Labs will post 0.81 EPS for the current year.

About Proto Labs

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.