Proto Labs (PRLB) to Release Quarterly Earnings on Tuesday

Proto Labs (NYSE:PRLB) will issue its quarterly earnings data before the market opens on Tuesday, February 13th. Analysts expect the company to announce earnings of $0.55 per share for the quarter.

Shares of Proto Labs (PRLB) opened at $105.80 on Tuesday. Proto Labs has a 52 week low of $48.00 and a 52 week high of $113.05. The company has a market cap of $2,820.00, a PE ratio of 60.11, a price-to-earnings-growth ratio of 2.37 and a beta of 1.08.

In other news, Director Rainer Gawlick sold 1,500 shares of the stock in a transaction that occurred on Tuesday, November 21st. The shares were sold at an average price of $90.31, for a total value of $135,465.00. Following the completion of the sale, the director now directly owns 6,925 shares of the company’s stock, valued at $625,396.75. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Robert Bodor sold 4,000 shares of the stock in a transaction that occurred on Monday, December 11th. The stock was sold at an average price of $94.79, for a total value of $379,160.00. Following the completion of the transaction, the vice president now owns 20,578 shares in the company, valued at approximately $1,950,588.62. The disclosure for this sale can be found here. Insiders sold 19,556 shares of company stock valued at $1,814,101 over the last three months. 7.78% of the stock is owned by insiders.

PRLB has been the subject of a number of analyst reports. Zacks Investment Research raised shares of Proto Labs from a “hold” rating to a “buy” rating and set a $96.00 price objective for the company in a research note on Friday, November 3rd. Piper Jaffray Companies reissued a “hold” rating and issued a $84.00 price target on shares of Proto Labs in a research report on Thursday, December 14th. Finally, Craig Hallum set a $92.00 price target on shares of Proto Labs and gave the stock a “hold” rating in a research report on Monday, November 27th. Three research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of $86.50.

COPYRIGHT VIOLATION WARNING: “Proto Labs (PRLB) to Release Quarterly Earnings on Tuesday” was first posted by American Banking News and is the property of of American Banking News. If you are accessing this piece of content on another domain, it was stolen and reposted in violation of United States and international trademark & copyright law. The legal version of this piece of content can be read at https://www.americanbankingnews.com/2018/02/06/proto-labs-prlb-to-release-quarterly-earnings-on-tuesday.html.

Proto Labs Company Profile

Proto Labs, Inc is an e-commerce driven digital manufacturer of on-demand three dimensional (3D) printed, computer numerical control (CNC) machined and injection-molded custom parts for prototyping and short-run production. The Company’s geographic segments include the United States, Europe and Japan.

Earnings History for Proto Labs (NYSE:PRLB)

Receive News & Ratings for Proto Labs Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Proto Labs and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply