Proto Labs Stock Forecast, Price & News

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Proto Labs in the last twelve months. There are currently 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" Proto Labs stock. 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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Wall Street analysts have given Proto Labs a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Proto Labs wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
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Proto Labs saw a drop in short interest during the month of January. As of January 29th, there was short interest totaling 2,080,000 shares, a drop of 47.1% from the January 14th total of 3,930,000 shares. Based on an average daily trading volume, of 457,000 shares, the days-to-cover ratio is currently 4.6 days. Currently, 7.8% of the company's shares are short sold.
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Proto Labs is scheduled to release its next quarterly earnings announcement on Thursday, April 29th 2021.
View our earnings forecast for Proto Labs.

Proto Labs, Inc. (NYSE:PRLB) released its quarterly earnings data on Thursday, February, 11th. The industrial products company reported $0.50 earnings per share for the quarter, topping the consensus estimate of $0.49 by $0.01. The industrial products company had revenue of $105.20 million for the quarter, compared to analysts' expectations of $102.45 million. Proto Labs had a trailing twelve-month return on equity of 9.41% and a net margin of 12.80%. The company's revenue was down 6.0% on a year-over-year basis. During the same period in the prior year, the company earned $0.63 earnings per share.
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Proto Labs' stock was trading at $78.36 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, PRLB stock has increased by 56.0% and is now trading at $122.27.
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Proto Labs updated its first quarter 2021 Pre-Market earnings guidance on Friday, February, 12th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $108-118 million, compared to the consensus revenue estimate of $110.28 million.

4 brokerages have issued 1 year price objectives for Proto Labs' stock. Their forecasts range from $69.00 to $235.00. On average, they anticipate Proto Labs' share price to reach $157.00 in the next year. This suggests a possible upside of 28.4% from the stock's current price.
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90 employees have rated Proto Labs CEO Victoria Holt on Glassdoor.com. Victoria Holt has an approval rating of 97% among Proto Labs' employees. This puts Victoria Holt in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Some companies that are related to Proto Labs include Illinois Tool Works (ITW), Parker-Hannifin (PH), Stanley Black & Decker (SWK), Ingersoll Rand (IR), Dover (DOV), Xylem (XYL), IDEX (IEX), Snap-on (SNA), Nordson (NDSN), Graco (GGG), Pentair (PNR), The Middleby (MIDD), Donaldson (DCI), ITT (ITT) and Lincoln Electric (LECO).
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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), The Walt Disney (DIS) and Square (SQ).

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

Proto Labs' stock is owned by a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (16.26%), Brown Capital Management LLC (13.85%), Sumitomo Mitsui Trust Holdings Inc. (5.95%), Nikko Asset Management Americas Inc. (5.95%), Riverbridge Partners LLC (5.08%) and New York State Common Retirement Fund (1.90%). Company insiders that own Proto Labs stock include John B Goodman, Rainer Gawlick, Robert Bodor, Sven Wehrwein and Victoria M Holt.
View institutional ownership trends for Proto Labs.

PRLB stock was sold by a variety of institutional investors in the last quarter, including Riverbridge Partners LLC, Stephens Investment Management Group LLC, Wells Fargo & Company MN, JPMorgan Chase & Co., Brown Capital Management LLC, Morgan Stanley, Northern Trust Corp, and Comerica Bank. Company insiders that have sold Proto Labs company stock in the last year include John B Goodman, Rainer Gawlick, Robert Bodor, Sven Wehrwein, and Victoria M Holt.
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PRLB stock was bought by a variety of institutional investors in the last quarter, including Norges Bank, BlackRock Inc., Sumitomo Mitsui Trust Holdings Inc., Nikko Asset Management Americas Inc., Next Century Growth Investors LLC, Bedell Frazier Investment Counseling LLC, Tudor Investment Corp Et Al, and Credit Suisse AG.
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Shares of PRLB 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 $122.27.

Proto Labs has a market capitalization of $3.38 billion and generates $458.73 million in revenue each year. The industrial products company earns $63.65 million in net income (profit) each year or $2.35 on an earnings per share basis.

Proto Labs employs 2,408 workers across the globe.

The official website for Proto Labs is www.protolabs.com.

Proto Labs is headquartered at 5540 Pioneer Creek Drive, Maple Plain MN, 55359.

Proto Labs' mailing address is 5540 Pioneer Creek Drive, Maple Plain MN, 55359. The industrial products company can be reached via phone at 763-479-3680 or via email at [email protected]