Proto Labs, Inc. (NYSE:PRLB) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Proto Labs, Inc. (NYSE:PRLB) has received an average rating of “Moderate Buy” from the six brokerages that are currently covering the firm, MarketBeat Ratings reports. Two research analysts have rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the company. The average 1-year price target among brokerages that have covered the stock in the last year is $53.3333.

A number of equities research analysts recently commented on the stock. Wall Street Zen upgraded shares of Proto Labs from a “buy” rating to a “strong-buy” rating in a report on Saturday, August 2nd. Benchmark lifted their price target on Proto Labs from $45.00 to $55.00 and gave the company a “buy” rating in a research note on Monday, November 3rd. Zacks Research upgraded Proto Labs from a “hold” rating to a “strong-buy” rating in a report on Wednesday, November 5th. Cantor Fitzgerald upped their price objective on Proto Labs from $50.00 to $51.00 and gave the stock an “overweight” rating in a research report on Friday, August 1st. Finally, Craig Hallum raised Proto Labs from a “hold” rating to a “buy” rating and set a $54.00 target price on the stock in a research report on Friday, August 1st.

Insider Buying and Selling at Proto Labs

In other news, insider Michael R. Kenison sold 3,048 shares of Proto Labs stock in a transaction that occurred on Tuesday, November 25th. The shares were sold at an average price of $50.17, for a total value of $152,918.16. Following the sale, the insider directly owned 28,898 shares in the company, valued at $1,449,812.66. This trade represents a 9.54% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 1.70% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Jupiter Asset Management Ltd. grew its holdings in shares of Proto Labs by 3.7% in the 2nd quarter. Jupiter Asset Management Ltd. now owns 194,832 shares of the industrial products company’s stock valued at $7,801,000 after acquiring an additional 6,921 shares in the last quarter. Victory Capital Management Inc. acquired a new position in Proto Labs during the first quarter valued at approximately $584,000. Hillsdale Investment Management Inc. grew its stake in Proto Labs by 28.4% in the second quarter. Hillsdale Investment Management Inc. now owns 153,624 shares of the industrial products company’s stock valued at $6,151,000 after purchasing an additional 34,000 shares in the last quarter. Nordea Investment Management AB increased its position in shares of Proto Labs by 0.6% during the 2nd quarter. Nordea Investment Management AB now owns 249,584 shares of the industrial products company’s stock worth $9,986,000 after purchasing an additional 1,427 shares during the last quarter. Finally, Versor Investments LP bought a new stake in shares of Proto Labs during the 2nd quarter worth approximately $224,000. Institutional investors own 84.54% of the company’s stock.

Proto Labs Price Performance

NYSE:PRLB opened at $51.03 on Friday. The business’s 50-day simple moving average is $50.60 and its 200-day simple moving average is $45.50. Proto Labs has a fifty-two week low of $29.58 and a fifty-two week high of $55.90. The stock has a market capitalization of $1.21 billion, a PE ratio of 85.05 and a beta of 1.23.

Proto Labs (NYSE:PRLB) last announced its earnings results on Friday, October 31st. The industrial products company reported $0.47 EPS for the quarter, topping the consensus estimate of $0.39 by $0.08. Proto Labs had a net margin of 2.91% and a return on equity of 2.22%. The firm had revenue of $135.37 million for the quarter, compared to the consensus estimate of $133.83 million. During the same period last year, the company posted $0.47 EPS. The business’s quarterly revenue was up 8.0% on a year-over-year basis. Proto Labs has set its Q4 2025 guidance at 0.300-0.380 EPS. On average, research analysts expect that Proto Labs will post 0.81 earnings per share for the current year.

About Proto Labs

Proto Labs, Inc, together with its subsidiaries, operates as a digital manufacturer of custom parts in the United States and Europe. The company offers injection molding; computer numerical control machining; three-dimensional printing; and sheet metal fabrication products. It serves developers and engineers, who use 3D computer-aided design software to design products across a range of end-markets.