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

Shares of Proto Labs, Inc. (NYSE:PRLBGet Free Report) have been given an average rating of “Buy” by the five analysts that are covering the stock, MarketBeat reports. One analyst has rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating on the company. The average 12-month target price among brokers that have covered the stock in the last year is $53.3333.

A number of equities research analysts have recently weighed in on PRLB shares. Zacks Research raised shares of Proto Labs from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, February 11th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Proto Labs in a research report on Thursday, January 22nd.

Get Our Latest Stock Report on PRLB

Insider Activity at Proto Labs

In related news, insider Michael R. Kenison sold 2,500 shares of Proto Labs stock in a transaction that occurred on Friday, February 6th. The stock was sold at an average price of $60.00, for a total transaction of $150,000.00. Following the sale, the insider directly owned 34,526 shares in the company, valued at $2,071,560. The trade was a 6.75% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 1.20% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Proto Labs

Several institutional investors and hedge funds have recently added to or reduced their stakes in PRLB. Disciplined Growth Investors Inc. MN grew its position in shares of Proto Labs by 1.9% in the 2nd quarter. Disciplined Growth Investors Inc. MN now owns 2,722,011 shares of the industrial products company’s stock worth $108,989,000 after buying an additional 51,293 shares during the period. Rubric Capital Management LP lifted its position in Proto Labs by 8.6% during the 3rd quarter. Rubric Capital Management LP now owns 1,123,338 shares of the industrial products company’s stock valued at $56,201,000 after acquiring an additional 89,167 shares during the period. American Capital Management Inc. boosted its stake in Proto Labs by 126.0% during the fourth quarter. American Capital Management Inc. now owns 631,311 shares of the industrial products company’s stock worth $31,938,000 after acquiring an additional 352,015 shares in the last quarter. Arrowstreet Capital Limited Partnership grew its holdings in Proto Labs by 3.0% in the third quarter. Arrowstreet Capital Limited Partnership now owns 460,618 shares of the industrial products company’s stock worth $23,045,000 after purchasing an additional 13,488 shares during the period. Finally, Charles Schwab Investment Management Inc. increased its stake in shares of Proto Labs by 9.5% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 363,013 shares of the industrial products company’s stock valued at $18,365,000 after purchasing an additional 31,585 shares in the last quarter. Hedge funds and other institutional investors own 84.54% of the company’s stock.

Proto Labs Stock Performance

Shares of PRLB stock opened at $57.70 on Friday. Proto Labs has a fifty-two week low of $29.58 and a fifty-two week high of $68.91. The firm has a market cap of $1.37 billion, a P/E ratio of 65.57 and a beta of 1.25. The business’s 50 day moving average price is $58.20 and its 200-day moving average price is $53.40.

Proto Labs (NYSE:PRLBGet Free Report) last announced its quarterly earnings results on Friday, February 6th. The industrial products company reported $0.44 EPS for the quarter, topping analysts’ consensus estimates of $0.35 by $0.09. The company had revenue of $136.49 million during the quarter, compared to analyst estimates of $129.07 million. Proto Labs had a return on equity of 3.19% and a net margin of 3.98%.The firm’s revenue was up 12.1% on a year-over-year basis. During the same quarter last year, the firm posted $0.38 earnings per share. Proto Labs has set its Q1 2026 guidance at 0.360-0.440 EPS. As a group, equities analysts predict that Proto Labs will post 0.81 EPS for the current year.

About Proto Labs

(Get Free Report)

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.

Further Reading

Analyst Recommendations for Proto Labs (NYSE:PRLB)

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