Proto Labs (NYSE:PRLB) Rating Increased to Strong-Buy at Zacks Research

Proto Labs (NYSE:PRLB) was upgraded by investment analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a note issued to investors on Monday,Zacks.com reports.

Separately, Weiss Ratings raised Proto Labs from a “hold (c)” rating to a “hold (c+)” rating in a research report on Wednesday, May 6th. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and an average target price of $53.33.

Proto Labs Stock Up 0.0%

Shares of NYSE PRLB opened at $70.98 on Monday. The business’s 50 day moving average is $61.02 and its two-hundred day moving average is $56.63. The company has a market cap of $1.69 billion, a P/E ratio of 66.96 and a beta of 1.36. Proto Labs has a 12 month low of $36.15 and a 12 month high of $71.55.

Proto Labs (NYSE:PRLB) last issued its quarterly earnings results on Friday, May 1st. The industrial products company reported $0.54 EPS for the quarter, topping the consensus estimate of $0.40 by $0.14. The company had revenue of $139.34 million for the quarter, compared to the consensus estimate of $135.31 million. Proto Labs had a return on equity of 4.15% and a net margin of 4.71%.The company’s revenue for the quarter was up 10.4% on a year-over-year basis. During the same period in the previous year, the business posted $0.33 EPS. Proto Labs has set its Q2 2026 guidance at 0.500-0.580 EPS. Sell-side analysts expect that Proto Labs will post 1.37 earnings per share for the current fiscal year.

Institutional Trading of Proto Labs

Several institutional investors have recently modified their holdings of PRLB. Group One Trading LLC acquired a new stake in shares of Proto Labs during the 4th quarter worth approximately $25,000. NewEdge Advisors LLC grew its holdings in shares of Proto Labs by 7,380.0% during the 1st quarter. NewEdge Advisors LLC now owns 748 shares of the industrial products company’s stock worth $26,000 after purchasing an additional 738 shares in the last quarter. NBC Securities Inc. acquired a new stake in shares of Proto Labs during the 4th quarter worth approximately $46,000. Modus Advisors LLC acquired a new stake in shares of Proto Labs during the 4th quarter worth approximately $57,000. Finally, Aquatic Capital Management LLC acquired a new stake in shares of Proto Labs during the 3rd quarter worth approximately $64,000. Institutional investors and hedge funds own 84.54% of the company’s stock.

About Proto Labs

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.