Brokerages Set Proto Labs, Inc. (NYSE:PRLB) PT at $53.33

Proto Labs, Inc. (NYSE:PRLB) has received an average rating of “Moderate Buy” from the six research firms that are covering the company, Marketbeat.com reports. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average 12 month target price among brokerages that have updated their coverage on the stock in the last year is $53.3333.

A number of equities research analysts recently weighed in on the stock. Zacks Research lowered shares of Proto Labs from a “strong-buy” rating to a “hold” rating in a report on Tuesday, December 30th. Weiss Ratings reissued a “hold (c-)” rating on shares of Proto Labs in a research report on Wednesday, October 8th. Finally, Benchmark increased their target price on shares of Proto Labs from $45.00 to $55.00 and gave the stock a “buy” rating in a report on Monday, November 3rd.

Insider Buying and Selling

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

Institutional Investors Weigh In On Proto Labs

A number of hedge funds have recently made changes to their positions in PRLB. Disciplined Growth Investors Inc. MN grew its stake in Proto Labs by 1.9% in the second quarter. Disciplined Growth Investors Inc. MN now owns 2,722,011 shares of the industrial products company’s stock valued at $108,989,000 after purchasing an additional 51,293 shares during the last quarter. Rubric Capital Management LP boosted its holdings in shares of Proto Labs by 8.6% in 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 buying an additional 89,167 shares in the last quarter. Arrowstreet Capital Limited Partnership grew its position in shares of Proto Labs by 3.0% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 460,618 shares of the industrial products company’s stock worth $23,045,000 after buying an additional 13,488 shares during the last quarter. S Squared Technology LLC raised its stake in shares of Proto Labs by 1.3% during the 2nd quarter. S Squared Technology LLC now owns 311,103 shares of the industrial products company’s stock worth $12,457,000 after acquiring an additional 4,100 shares in the last quarter. Finally, American Capital Management Inc. lifted its position in Proto Labs by 417.0% during the third quarter. American Capital Management Inc. now owns 279,296 shares of the industrial products company’s stock valued at $13,973,000 after acquiring an additional 225,269 shares during the last quarter. 84.54% of the stock is currently owned by hedge funds and other institutional investors.

Proto Labs Stock Performance

PRLB stock opened at $54.87 on Friday. The firm has a market cap of $1.30 billion, a PE ratio of 89.94 and a beta of 1.16. The firm has a fifty day moving average price of $51.60 and a 200 day moving average price of $49.12. Proto Labs has a fifty-two week low of $29.58 and a fifty-two week high of $55.90.

Proto Labs (NYSE:PRLB) last announced its quarterly earnings results on Friday, October 31st. The industrial products company reported $0.47 EPS for the quarter, beating analysts’ consensus estimates of $0.39 by $0.08. The firm had revenue of $135.37 million during the quarter, compared to the consensus estimate of $133.83 million. Proto Labs had a net margin of 2.86% and a return on equity of 2.23%. The firm’s revenue for the quarter was up 8.0% compared to the same quarter last year. During the same quarter last year, the firm earned $0.47 EPS. Proto Labs has set its Q4 2025 guidance at 0.300-0.380 EPS. On average, equities analysts predict that Proto Labs will post 0.81 EPS for the current year.

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.