Proto Labs - PRLB Stock Forecast, Price & News

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Proto Labs in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" PRLB shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PRLB, but not buy additional shares or sell existing shares.
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1 brokers have issued twelve-month target prices for Proto Labs' stock. Their PRLB share price forecasts range from $42.00 to $59.00. On average, they predict the company's stock price to reach $50.50 in the next twelve months. This suggests a possible upside of 12.8% from the stock's current price.
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Proto Labs' stock was trading at $51.35 at the start of the year. Since then, PRLB shares have decreased by 12.8% and is now trading at $44.78.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, October 27th 2022.
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Proto Labs, Inc. (NYSE:PRLB) posted its quarterly earnings data on Friday, August, 5th. The industrial products company reported $0.46 EPS for the quarter, beating analysts' consensus estimates of $0.39 by $0.07. The industrial products company had revenue of $126.90 million for the quarter, compared to analyst estimates of $127.28 million. Proto Labs had a trailing twelve-month return on equity of 2.95% and a net margin of 4.88%. The company's revenue was up 3.2% on a year-over-year basis. During the same period last year, the company earned $0.47 earnings per share.

Proto Labs updated its third quarter 2022 earnings guidance on Monday, August, 15th. The company provided earnings per share (EPS) guidance of $0.36-$0.44 for the period. The company issued revenue guidance of $121.00 million-$129.00 million, compared to the consensus revenue estimate of $133.27 million.

90 employees have rated Proto Labs Chief Executive Officer Victoria Holt on Glassdoor.com. Victoria Holt has an approval rating of 97% among the company's employees. This puts Victoria Holt in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Proto Labs investors own include NVIDIA (NVDA), Tesla (TSLA), Brainstorm Cell Therapeutics (BCLI), Netflix (NFLX), Gilead Sciences (GILD), QUALCOMM (QCOM), Xilinx (XLNX), Advanced Micro Devices (AMD), Walt Disney (DIS) and Block (SQ).

Proto Labs trades on the New York Stock Exchange (NYSE) under the ticker symbol "PRLB."

Proto Labs' stock is owned by a variety of retail and institutional investors. Top institutional investors include State Street Corp (4.07%), Sumitomo Mitsui Trust Holdings Inc. (3.91%), Nikko Asset Management Americas Inc. (3.91%), ARK Investment Management LLC (2.29%), Assenagon Asset Management S.A. (1.59%) and Northern Trust Corp (1.12%). Insiders that own company stock include Arthur R Baker III, John B Goodman, Rainer Gawlick, Robert Bodor, Sven Wehrwein and Victoria M Holt.
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Shares of PRLB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of PRLB stock can currently be purchased for approximately $44.78.

Proto Labs (NYSE:PRLB) has a market capitalization of $1.23 billion and generates $488.10 million in revenue each year. The industrial products company earns $33.37 million in net income (profit) each year or $0.88 on an earnings per share basis.

The company employs 2,663 workers across the globe.

Proto Labs' mailing address is 5540 Pioneer Creek Drive, Maple Plain MN, 55359. The official website for the company is www.protolabs.com. The industrial products company can be reached via phone at (763) 479-3680, via email at daniel.schumacher@protolabs.com, or via fax at 763-479-2679.