Proto Labs (PRLB) Projected to Post Earnings on Friday

Proto Labs (NYSE:PRLB) is expected to be releasing its Q1 2025 earnings data before the market opens on Friday, May 2nd. Analysts expect Proto Labs to post earnings of $0.28 per share and revenue of $123.71 million for the quarter.

Proto Labs Stock Performance

NYSE:PRLB opened at $35.11 on Thursday. The stock’s fifty day moving average price is $35.76 and its two-hundred day moving average price is $37.69. The company has a market cap of $834.60 million, a price-to-earnings ratio of 54.02 and a beta of 1.52. Proto Labs has a 52-week low of $25.76 and a 52-week high of $46.73.

Proto Labs declared that its board has initiated a stock repurchase plan on Friday, February 7th that permits the company to repurchase $100.00 million in outstanding shares. This repurchase authorization permits the industrial products company to reacquire up to 9.8% of its stock through open market purchases. Stock repurchase plans are typically an indication that the company’s leadership believes its shares are undervalued.

Analyst Ratings Changes

Several analysts have weighed in on the company. StockNews.com cut Proto Labs from a “strong-buy” rating to a “buy” rating in a report on Thursday, April 24th. Cantor Fitzgerald boosted their price target on shares of Proto Labs from $40.00 to $50.00 and gave the stock an “overweight” rating in a research note on Monday, February 10th. Finally, Needham & Company LLC reaffirmed a “hold” rating on shares of Proto Labs in a research note on Friday, February 7th. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $43.67.

Proto Labs Company Profile

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.