Proto Labs (NYSE:PRLB) Cut to Hold at Zacks Research

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

A number of other research firms also recently weighed in on PRLB. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Proto Labs in a research note on Wednesday, October 8th. Benchmark increased their price objective on Proto Labs from $45.00 to $55.00 and gave the stock a “buy” rating in a report on Monday, November 3rd. Three investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $53.33.

Proto Labs Stock Down 1.9%

Shares of NYSE:PRLB opened at $50.63 on Tuesday. The firm has a fifty day moving average of $51.04 and a two-hundred day moving average of $47.74. The firm has a market capitalization of $1.20 billion, a P/E ratio of 83.00 and a beta of 1.18. Proto Labs has a 12-month low of $29.58 and a 12-month high of $55.90.

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

Insider Buying and Selling at Proto Labs

In related news, insider Michael R. Kenison sold 3,048 shares of the business’s stock in a transaction that occurred on Tuesday, November 25th. The stock was sold at an average price of $50.17, for a total value of $152,918.16. Following the completion of the sale, the insider directly owned 28,898 shares in the company, valued at approximately $1,449,812.66. The trade was a 9.54% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders own 1.70% of the company’s stock.

Hedge Funds Weigh In On Proto Labs

A number of institutional investors have recently modified their holdings of PRLB. Jupiter Asset Management Ltd. grew its stake in 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 buying an additional 6,921 shares during the last quarter. Hillsdale Investment Management Inc. lifted its position in Proto Labs by 28.4% during the 2nd quarter. Hillsdale Investment Management Inc. now owns 153,624 shares of the industrial products company’s stock worth $6,151,000 after acquiring an additional 34,000 shares during the last quarter. Versor Investments LP acquired a new stake in shares of Proto Labs in the second quarter valued at about $224,000. Nordea Investment Management AB grew its position in shares of Proto Labs by 0.6% in the second quarter. Nordea Investment Management AB now owns 249,584 shares of the industrial products company’s stock valued at $9,986,000 after purchasing an additional 1,427 shares during the last quarter. Finally, Strs Ohio bought a new position in shares of Proto Labs in the first quarter worth about $596,000. Institutional investors own 84.54% of the company’s stock.

Proto Labs Company Profile

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.