NYSE:PRLB - Proto Labs Stock Price, Price Target & More

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

Proto Labs declared that its board has approved a stock repurchase program on Monday, April 10th 2017, which permits the company to buyback $50,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to buy up to 3.3% of its shares through open market purchases. Shares buyback programs are typically an indication that the company's leadership believes its stock is undervalued.

Proto Labs Inc (NYSE:PRLB) announced its earnings results on Thursday, April, 26th. The industrial products company reported $0.71 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.68 by $0.03. The industrial products company earned $107.70 million during the quarter, compared to analyst estimates of $103.88 million. Proto Labs had a net margin of 15.49% and a return on equity of 12.88%. Proto Labs's revenue was up 34.3% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.51 earnings per share. View Proto Labs' Earnings History.

Proto Labs is scheduled to release their next quarterly earnings announcement on Wednesday, July, 25th 2018. View Earnings Estimates for Proto Labs.

3 analysts have issued twelve-month target prices for Proto Labs' stock. Their forecasts range from $84.00 to $92.00. On average, they anticipate Proto Labs' stock price to reach $88.00 in the next twelve months. View Analyst Ratings for Proto Labs.

Some companies that are related to Proto Labs include Valmont Industries (VMI), Harsco (HSC), HC2 (HCHC), Gulf Island Fabrication (GIFI) and TechPrecision (TPCS).

News articles about PRLB stock have been trending somewhat positive recently, according to Accern Sentiment. Accern identifies negative and positive press coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Proto Labs earned a coverage optimism score of 0.12 on Accern's scale. They also gave press coverage about the industrial products company an impact score of 47.78 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company's share price in the immediate future.

Proto Labs' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (11.72%), Disciplined Growth Investors Inc. MN (3.44%), Stephens Investment Management Group LLC (2.45%), New York State Common Retirement Fund (2.01%), JPMorgan Chase & Co. (1.81%) and Dimensional Fund Advisors LP (1.65%). Company insiders that own Proto Labs stock include Arthur R Baker III, John B Goodman, John B Tumelty, 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 New York State Common Retirement Fund, Victory Capital Management Inc., Thrivent Financial for Lutherans, Lord Abbett & CO. LLC, Tiverton Asset Management LLC, UBS Group AG, JPMorgan Chase & Co. and Disciplined Growth Investors Inc. MN. Company insiders that have sold Proto Labs company stock in the last year include John B Goodman, John B Tumelty, Rainer Gawlick, Robert Bodor and Sven Wehrwein. View Insider Buying and Selling for Proto Labs.

PRLB stock was bought by a variety of institutional investors in the last quarter, including Summit Trail Advisors LLC, Matarin Capital Management LLC, BlackRock Inc., Carillon Tower Advisers Inc., Pier Capital LLC, Picton Mahoney Asset Management, California Public Employees Retirement System and Amundi Pioneer Asset Management Inc.. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.

One share of PRLB stock can currently be purchased for approximately $134.70.

Proto Labs has a market capitalization of $3.62 billion and generates $344.49 million in revenue each year. The industrial products company earns $51.77 million in net income (profit) each year or $1.93 on an earnings per share basis. Proto Labs employs 2,266 workers across the globe.

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]