Proto Labs (NYSE:PRLB - Get Free Report) is scheduled to be announcing its earnings results before the market opens on Friday, May 3rd. Analysts expect the company to announce earnings of $0.30 per share for the quarter. Proto Labs has set its Q1 guidance at $0.26-0.34 EPS and its Q1 2024 guidance at 0.260-0.340 EPS.Investors that wish to listen to the company's conference call can do so using this link.
Proto Labs (NYSE:PRLB - Get Free Report) last issued its earnings results on Friday, February 9th. The industrial products company reported $0.27 EPS for the quarter, missing analysts' consensus estimates of $0.32 by ($0.05). The business had revenue of $125.10 million during the quarter, compared to analyst estimates of $122.81 million. Proto Labs had a net margin of 3.42% and a return on equity of 2.51%. Proto Labs's quarterly revenue was up 8.2% on a year-over-year basis. During the same quarter last year, the company earned ($4.24) earnings per share. On average, analysts expect Proto Labs to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.
Proto Labs Stock Performance
Shares of NYSE PRLB traded down $0.06 during mid-day trading on Friday, reaching $31.36. The company's stock had a trading volume of 72,641 shares, compared to its average volume of 158,250. The stock has a 50-day moving average of $34.64 and a two-hundred day moving average of $34.43. The stock has a market capitalization of $801.56 million, a P/E ratio of 46.82 and a beta of 1.34. Proto Labs has a 1-year low of $23.01 and a 1-year high of $41.87.
Wall Street Analysts Forecast Growth
Separately, StockNews.com upgraded shares of Proto Labs from a "buy" rating to a "strong-buy" rating in a research report on Friday, February 2nd.
View Our Latest Stock Analysis on PRLB
About Proto Labs
(
Get Free Report)
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.
Further Reading
Before you consider Proto Labs, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Proto Labs wasn't on the list.
While Proto Labs currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
With average gains of 150% since the start of 2023, now is the time to give these stocks a look and pump up your 2024 portfolio.
Get This Free Report
