Proto Labs, Inc. (NYSE:PRLB) Receives $53.33 Consensus Price Target from Brokerages

Shares of Proto Labs, Inc. (NYSE:PRLB) have been given an average recommendation of “Buy” by the five research firms that are covering the stock, MarketBeat reports. One analyst has rated the stock with a hold recommendation, three have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is $53.3333.

A number of brokerages have recently commented on PRLB. Weiss Ratings reissued a “hold (c-)” rating on shares of Proto Labs in a report on Thursday, January 22nd. Benchmark increased their target price on Proto Labs from $45.00 to $55.00 and gave the company a “buy” rating in a research note on Monday, November 3rd. Finally, Zacks Research upgraded Proto Labs from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, February 11th.

Insider Buying and Selling at Proto Labs

In other Proto Labs news, insider Michael R. Kenison sold 3,048 shares of the company’s stock in a transaction that occurred on Tuesday, November 25th. The stock was sold at an average price of $50.17, for a total value of $152,918.16. Following the completion of the sale, the insider owned 28,898 shares of the company’s stock, valued at $1,449,812.66. This represents a 9.54% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 1.20% of the company’s stock.

Institutional Investors Weigh In On Proto Labs

Hedge funds have recently made changes to their positions in the business. Group One Trading LLC bought a new position in shares of Proto Labs during the 4th quarter valued at $25,000. NewEdge Advisors LLC boosted its position in Proto Labs by 7,380.0% during the first quarter. NewEdge Advisors LLC now owns 748 shares of the industrial products company’s stock valued at $26,000 after buying an additional 738 shares during the period. NBC Securities Inc. bought a new position in shares of Proto Labs during the fourth quarter valued at about $46,000. Modus Advisors LLC bought a new stake in shares of Proto Labs in the 4th quarter valued at about $57,000. Finally, Aquatic Capital Management LLC purchased a new stake in Proto Labs during the 3rd quarter valued at about $64,000. 84.54% of the stock is currently owned by institutional investors.

Proto Labs Stock Up 1.5%

Proto Labs stock opened at $67.45 on Wednesday. Proto Labs has a 52 week low of $29.58 and a 52 week high of $68.91. The business has a 50-day simple moving average of $54.67 and a 200 day simple moving average of $51.49. The stock has a market cap of $1.60 billion, a price-to-earnings ratio of 76.64 and a beta of 1.24.

Proto Labs (NYSE:PRLB) last released its quarterly earnings results on Friday, February 6th. The industrial products company reported $0.44 earnings per share for the quarter, beating the consensus estimate of $0.35 by $0.09. Proto Labs had a return on equity of 3.20% and a net margin of 3.98%.The firm had revenue of $136.49 million for the quarter, compared to analysts’ expectations of $129.07 million. During the same quarter last year, the firm posted $0.38 EPS. The company’s revenue was up 12.1% compared to the same quarter last year. Proto Labs has set its Q1 2026 guidance at 0.360-0.440 EPS. On average, research analysts anticipate that Proto Labs will post 0.81 earnings per share for the current year.

Proto Labs Company Profile

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.