Proto Labs, Inc. (NYSE:PRLB – Get Free Report) has been given an average rating of “Buy” by the five research firms that are covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating on the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is $53.3333.
A number of research analysts have recently weighed in on PRLB shares. Zacks Research upgraded Proto Labs from a “hold” rating to a “strong-buy” rating in a research report on Monday, May 11th. Weiss Ratings upgraded Proto Labs from a “hold (c)” rating to a “hold (c+)” rating in a research report on Wednesday, May 6th.
Get Our Latest Stock Analysis on PRLB
Proto Labs Stock Down 2.0%
Proto Labs (NYSE:PRLB – Get Free Report) last announced its quarterly earnings results on Friday, May 1st. The industrial products company reported $0.54 earnings per share for the quarter, beating analysts’ consensus estimates of $0.40 by $0.14. Proto Labs had a return on equity of 4.15% and a net margin of 4.71%.The business had revenue of $139.34 million during the quarter, compared to analysts’ expectations of $135.31 million. During the same quarter last year, the business posted $0.33 earnings per share. The business’s revenue for the quarter was up 10.4% on a year-over-year basis. Proto Labs has set its Q2 2026 guidance at 0.500-0.580 EPS. On average, sell-side analysts anticipate that Proto Labs will post 1.37 earnings per share for the current year.
Insider Buying and Selling at Proto Labs
In other news, insider Michael R. Kenison sold 16,030 shares of the firm’s stock in a transaction on Tuesday, May 12th. The stock was sold at an average price of $69.49, for a total value of $1,113,924.70. Following the completion of the transaction, the insider owned 18,683 shares in the company, valued at $1,298,281.67. This trade represents a 46.18% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 23,663 shares of company stock valued at $1,650,167 in the last three months. Company insiders own 1.30% of the company’s stock.
Institutional Inflows and Outflows
A number of hedge funds have recently made changes to their positions in the company. Group One Trading LLC purchased a new stake in Proto Labs during the 4th quarter worth about $25,000. NewEdge Advisors LLC increased its position in Proto Labs by 7,380.0% during the 1st quarter. NewEdge Advisors LLC now owns 748 shares of the industrial products company’s stock worth $26,000 after purchasing an additional 738 shares in the last quarter. NBC Securities Inc. purchased a new stake in Proto Labs during the 4th quarter worth about $46,000. Modus Advisors LLC purchased a new stake in Proto Labs during the 4th quarter worth about $57,000. Finally, Aquatic Capital Management LLC purchased a new stake in Proto Labs during the 3rd quarter worth about $64,000. Hedge funds and other institutional investors own 84.54% of the company’s stock.
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.
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