Proto Labs (NYSE:PRLB) will release its earnings data before the market opens on Thursday, May 6th. Analysts expect Proto Labs to post earnings of $0.26 per share for the quarter. Individual that wish to register for the company’s earnings conference call can do so using this link.
Proto Labs (NYSE:PRLB) last posted its quarterly earnings data on Thursday, February 11th. The industrial products company reported $0.50 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.49 by $0.01. Proto Labs had a net margin of 12.80% and a return on equity of 9.41%. The business had revenue of $105.20 million during the quarter, compared to the consensus estimate of $102.45 million. During the same quarter last year, the company posted $0.63 earnings per share. The firm’s quarterly revenue was down 6.0% compared to the same quarter last year. On average, analysts expect Proto Labs to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.
NYSE PRLB opened at $102.75 on Wednesday. Proto Labs has a 52-week low of $93.28 and a 52-week high of $286.57. The company has a 50-day simple moving average of $115.93 and a 200 day simple moving average of $147.98. The company has a market capitalization of $2.85 billion, a PE ratio of 48.93 and a beta of 1.96.
A number of analysts recently issued reports on the stock. Zacks Investment Research upgraded shares of Proto Labs from a “strong sell” rating to a “hold” rating in a report on Wednesday, March 31st. TheStreet lowered shares of Proto Labs from a “b-” rating to a “c+” rating in a research report on Tuesday, February 23rd. Craig Hallum raised their price objective on shares of Proto Labs from $105.00 to $167.00 in a research report on Wednesday, January 20th. Needham & Company LLC reissued a “hold” rating on shares of Proto Labs in a research note on Tuesday, February 16th. Finally, Benchmark dropped their target price on shares of Proto Labs from $235.00 to $135.00 in a report on Tuesday. Three analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of $150.67.
Proto Labs Company Profile
Proto Labs, Inc, together with its subsidiaries, operates as an e-commerce driven digital manufacturer of custom prototypes and on-demand production parts in the worldwide. The company offers injection molding; computer numerical control machining; three-dimensional (3D) printing, which include stereolithography, selective laser sintering, direct metal laser sintering, multi jet fusion, polyjet, and carbon DLS processes; and sheet metal fabrication products, including quick-turn and e-commerce-enabled custom sheet metal parts.
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