Proto Labs Inc [PRLB] stock prices are down -1.89% to $44.18 at the moment. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The PRLB shares have gain 6.20% over the last week, with a monthly amount glided 15.47%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Proto Labs Inc [NYSE: PRLB] stock has seen the most recent analyst activity on June 05, 2024, when Cantor Fitzgerald initiated its Overweight rating and assigned the stock a price target of $44. Previously, Craig Hallum upgraded its rating to Hold on August 04, 2023. On February 13, 2023, upgrade upgraded it’s rating to Buy. Lake Street started tracking the stock assigning a Buy rating and suggested a price target of $29 on November 29, 2022. Craig Hallum downgraded its rating to a Sell. Craig Hallum downgraded its rating to Hold for this stock on November 04, 2022. In a note dated October 29, 2021, The Benchmark Company downgraded an Hold rating on this stock.
The stock price of Proto Labs Inc [PRLB] has been fluctuating between $25.75 and $46.73 over the past year. Currently, Wall Street analysts expect the stock to reach $38.5 within the next 12 months. Proto Labs Inc [NYSE: PRLB] shares were valued at $44.18 at the most recent close of the market. An investor can expect a potential drop of -12.86% based on the average PRLB price forecast.
Analyzing the PRLB fundamentals
The Proto Labs Inc [NYSE:PRLB] reported sales of 500.89M for trailing twelve months, representing a drop of -2.64%. Gross Profit Margin for this corporation currently stands at 0.45% with Operating Profit Margin at 0.04%, Pretax Profit Margin comes in at 0.05%, and Net Profit Margin reading is 0.03%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.02 and Total Capital is 0.03. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.0.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 43.62 points at the first support level, and at 43.05 for the second support level. However, for the 1st resistance point, the stock is sitting at 45.11, and for the 2nd resistance point, it is at 46.04.
Ratios To Look Out For
It’s worth pointing out that Proto Labs Inc [NYSE:PRLB]’s Current Ratio is 3.66. Further, the Quick Ratio stands at 3.43, while the Cash Ratio is 1.67. Considering the valuation of this stock, the price to sales ratio is 2.16, the price to book ratio is 1.59 and price to earnings (TTM) ratio is 67.55.
Transactions by insiders
Recent insider trading involved Bodor Robert, President and CEO, that happened on Sep 06 ’24 when 3480.0 shares were purchased.
