NYSE:PRLBProto Labs Stock Price, Forecast & News

Proto Labs' stock was trading at $78.36 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, PRLB stock has increased by 57.4% and is now trading at $123.30. View which stocks have been most impacted by Coronavirus.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Proto Labs in the last year. There are currently 6 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Proto Labs.

Proto Labs is scheduled to release its next quarterly earnings announcement on Thursday, July 23rd 2020. View our earnings forecast for Proto Labs.

Proto Labs Inc (NYSE:PRLB) released its quarterly earnings data on Thursday, April, 30th. The industrial products company reported $0.61 EPS for the quarter, topping the consensus estimate of $0.38 by $0.23. The industrial products company earned $115.10 million during the quarter, compared to analysts' expectations of $102.36 million. Proto Labs had a return on equity of 10.82% and a net margin of 13.49%. The firm's quarterly revenue was up 1.4% on a year-over-year basis. During the same period last year, the company earned $0.69 earnings per share. View Proto Labs' earnings history.

7 equities research analysts have issued twelve-month target prices for Proto Labs' stock. Their forecasts range from $69.00 to $145.00. On average, they anticipate Proto Labs' share price to reach $94.50 in the next year. This suggests that the stock has a possible downside of 23.4%. View analysts' price targets for Proto Labs.

News coverage about PRLB stock has been trending very negative on Thursday, InfoTrie Sentiment reports. The research firm scores the sentiment of media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Proto Labs earned a daily sentiment score of -3.0 on InfoTrie's scale. They also assigned news headlines about the industrial products company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View the latest news aboutProto Labs.

Proto Labs saw a drop in short interest in May. As of May 15th, there was short interest totaling 4,610,000 shares, a drop of 5.3% from the April 30th total of 4,870,000 shares. Based on an average daily trading volume, of 296,700 shares, the days-to-cover ratio is currently 15.5 days. Currently, 18.3% of the shares of the stock are short sold. View Proto Labs' Current Options Chain.

Some companies that are related to Proto Labs include Illinois Tool Works (ITW), Parker-Hannifin (PH), Stanley Black & Decker (SWK), Dover (DOV), Ingersoll-Rand (IR), IDEX (IEX), Xylem (XYL), Nordson (NDSN), Graco (GGG), Snap-on (SNA), Pentair (PNR), Donaldson (DCI), Gardner Denver (GDI), ITT (ITT) and Lincoln Electric (LECO). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Proto Labs investors own include Brainstorm Cell Therapeutics (BCLI), Netflix (NFLX), Tesla (TSLA), NVIDIA (NVDA), Starbucks (SBUX), Walt Disney (DIS), Gilead Sciences (GILD), Intel (INTC), Baidu (BIDU) and Alphabet (GOOG).

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

Proto Labs' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (15.27%), Brown Capital Management LLC (14.22%), Riverbridge Partners LLC (5.65%), Sumitomo Mitsui Trust Holdings Inc. (4.62%), Nikko Asset Management Americas Inc. (4.62%) and Nikko Asset Management Americas Inc. (4.62%). Company insiders that own Proto Labs stock include Arthur R Baker III, John B Goodman, John Way and Robert Bodor. View institutional ownership trends for Proto Labs.

PRLB stock was sold by a variety of institutional investors in the last quarter, including Janus Henderson Group PLC, TimesSquare Capital Management LLC, BlackRock Inc., Motley Fool Asset Management LLC, Disciplined Growth Investors Inc. MN, Gs Investments Inc., Arizona State Retirement System, and Principal Financial Group Inc.. View insider buying and selling activity for Proto Labs.

PRLB stock was purchased by a variety of institutional investors in the last quarter, including Nikko Asset Management Americas Inc., Nikko Asset Management Americas Inc., Sumitomo Mitsui Trust Holdings Inc., State Street Corp, Morgan Stanley, Morgan Stanley, Aviva PLC, and Geode Capital Management LLC. View insider buying and selling activity for Proto Labs.

Shares of PRLB can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of PRLB stock can currently be purchased for approximately $123.30.

Proto Labs has a market capitalization of $3.28 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 2,535 workers across the globe.

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

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]