Proto Labs (PRLB) Receives Daily Media Impact Rating of 0.14
Headlines about Proto Labs (NYSE:PRLB) have trended somewhat positive on Saturday, according to Accern. Accern identifies negative and positive news coverage by analyzing more than 20 million blog and news sources in real-time. 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 media sentiment score of 0.14 on Accern’s scale. Accern also assigned news headlines about the industrial products company an impact score of 46.2894878303556 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
These are some of the headlines that may have effected Accern’s rankings:
- Zacks: Analysts Expect Proto Labs, Inc. (PRLB) Will Announce Quarterly Sales of $85.53 Million (americanbankingnews.com)
- Proto Labs : Expands 3D Printing Service with HP’s Multi Jet Fusion Technology (4-traders.com)
- Proto Labs Expands 3D Printing Service with HP’s Multi Jet Fusion Technology (finance.yahoo.com)
Proto Labs (NYSE:PRLB) traded up 0.98% during midday trading on Friday, hitting $71.80. 172,274 shares of the stock were exchanged. The company has a market cap of $1.91 billion, a PE ratio of 41.74 and a beta of 0.93. The firm’s 50 day moving average price is $70.62 and its 200 day moving average price is $60.17. Proto Labs has a 12 month low of $43.10 and a 12 month high of $75.55.
Proto Labs (NYSE:PRLB) last posted its quarterly earnings data on Thursday, July 27th. The industrial products company reported $0.49 EPS for the quarter, topping the consensus estimate of $0.43 by $0.06. The firm had revenue of $82.04 million during the quarter, compared to analyst estimates of $80.49 million. Proto Labs had a net margin of 14.59% and a return on equity of 11.75%. Proto Labs’s revenue was up 9.4% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.45 EPS. On average, equities research analysts forecast that Proto Labs will post $2.06 earnings per share for the current fiscal year.
A number of equities analysts have weighed in on the stock. Piper Jaffray Companies reaffirmed a “hold” rating and set a $67.00 target price on shares of Proto Labs in a research note on Friday, July 28th. Zacks Investment Research downgraded shares of Proto Labs from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, June 28th. Dougherty & Co upgraded shares of Proto Labs from a “sell” rating to a “neutral” rating in a report on Tuesday, June 27th. Finally, TheStreet upgraded shares of Proto Labs from a “c+” rating to a “b-” rating in a report on Friday, May 5th. Four analysts have rated the stock with a hold rating, The company currently has a consensus rating of “Hold” and a consensus price target of $60.75.
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In related news, Director Rainer Gawlick sold 833 shares of the business’s stock in a transaction that occurred on Monday, May 22nd. The shares were sold at an average price of $64.05, for a total transaction of $53,353.65. Following the completion of the transaction, the director now owns 6,258 shares in the company, valued at approximately $400,824.90. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, VP Robert Bodor sold 3,259 shares of the business’s stock in a transaction that occurred on Wednesday, July 19th. The stock was sold at an average price of $72.02, for a total transaction of $234,713.18. Following the transaction, the vice president now owns 19,837 shares of the company’s stock, valued at approximately $1,428,660.74. The disclosure for this sale can be found here. In the last quarter, insiders have sold 4,833 shares of company stock valued at $342,782. 7.78% of the stock is currently owned by company insiders.
Proto Labs Company Profile
Proto Labs, Inc is an e-commerce driven digital manufacturer of on-demand three dimensional (3D) printed, computer numerical control (CNC) machined and injection-molded custom parts for prototyping and short-run production. The Company’s geographic segments include the United States, Europe and Japan.
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