Proto Labs, Inc. (NYSE:PRLB - Get Free Report)'s stock price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $55.42 and traded as high as $65.30. Proto Labs shares last traded at $64.0150, with a volume of 111,596 shares traded.
Wall Street Analysts Forecast Growth
Several research firms have recently weighed in on PRLB. Weiss Ratings reiterated a "hold (c-)" rating on shares of Proto Labs in a research note on Thursday, January 22nd. Zacks Research downgraded shares of Proto Labs from a "strong-buy" rating to a "hold" rating in a report on Friday, April 10th. Three analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $53.33.
Check Out Our Latest Stock Report on PRLB
Proto Labs Trading Up 0.1%
The stock's fifty day moving average price is $60.56 and its 200 day moving average price is $55.42. The stock has a market cap of $1.52 billion, a P/E ratio of 72.75 and a beta of 1.31.
Proto Labs (NYSE:PRLB - Get Free Report) last posted its quarterly earnings data on Friday, February 6th. The industrial products company reported $0.44 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.35 by $0.09. The company had revenue of $136.49 million during the quarter, compared to the consensus estimate of $129.07 million. Proto Labs had a net margin of 3.98% and a return on equity of 3.19%. The firm's revenue was up 12.1% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.38 EPS. Proto Labs has set its Q1 2026 guidance at 0.360-0.440 EPS. On average, analysts anticipate that Proto Labs, Inc. will post 1.22 earnings per share for the current year.
Insider Buying and Selling at Proto Labs
In other news, insider Michael R. Kenison sold 2,500 shares of the company's stock in a transaction on 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 approximately $2,071,560. This represents a 6.75% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 1.70% of the company's stock.
Institutional Investors Weigh In On Proto Labs
A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Amalgamated Bank increased its stake in Proto Labs by 3.4% in the 3rd quarter. Amalgamated Bank now owns 7,071 shares of the industrial products company's stock worth $354,000 after purchasing an additional 235 shares during the period. SG Americas Securities LLC raised its holdings in Proto Labs by 1.7% during the 3rd quarter. SG Americas Securities LLC now owns 21,419 shares of the industrial products company's stock valued at $1,072,000 after buying an additional 349 shares during the last quarter. Horizon Investments LLC increased its position in shares of Proto Labs by 3.4% in the fourth quarter. Horizon Investments LLC now owns 11,886 shares of the industrial products company's stock valued at $601,000 after acquiring an additional 395 shares during the period. Diversified Trust Co. raised its stake in shares of Proto Labs by 4.7% during the fourth quarter. Diversified Trust Co. now owns 10,495 shares of the industrial products company's stock valued at $531,000 after acquiring an additional 467 shares during the last quarter. Finally, Federated Hermes Inc. raised its stake in shares of Proto Labs by 1.5% during the fourth quarter. Federated Hermes Inc. now owns 30,748 shares of the industrial products company's stock valued at $1,556,000 after acquiring an additional 469 shares during the last quarter. 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
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