Proto Labs (NYSE:PRLB) Reaches New 1-Year High – Still a Buy?

Proto Labs, Inc. (NYSE:PRLB)’s stock price hit a new 52-week high on Thursday . The stock traded as high as $56.21 and last traded at $56.5560, with a volume of 36393 shares traded. The stock had previously closed at $55.43.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the company. Benchmark raised their price target on Proto Labs from $45.00 to $55.00 and gave the stock a “buy” rating in a research report on Monday, November 3rd. Weiss Ratings reissued a “hold (c-)” rating on shares of Proto Labs in a research note on Wednesday, October 8th. Finally, Zacks Research lowered Proto Labs from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, December 30th. Three research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Proto Labs has an average rating of “Moderate Buy” and a consensus target price of $53.33.

Proto Labs Trading Up 1.3%

The firm has a market cap of $1.33 billion, a P/E ratio of 92.07 and a beta of 1.16. The business has a 50 day moving average of $51.78 and a two-hundred day moving average of $49.24.

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

Insider Transactions at Proto Labs

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 value of $152,918.16. Following the transaction, the insider directly owned 28,898 shares of the company’s stock, valued at $1,449,812.66. This represents a 9.54% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. 1.70% of the stock is owned by company insiders.

Institutional Investors Weigh In On Proto Labs

A number of institutional investors have recently modified their holdings of PRLB. SG Americas Securities LLC raised its holdings in Proto Labs by 40.8% in the 4th quarter. SG Americas Securities LLC now owns 30,155 shares of the industrial products company’s stock valued at $1,526,000 after acquiring an additional 8,736 shares in the last quarter. Diversified Trust Co. boosted its position in Proto Labs by 4.7% during the 4th quarter. Diversified Trust Co. now owns 10,495 shares of the industrial products company’s stock worth $531,000 after buying an additional 467 shares during the period. CWA Asset Management Group LLC grew its stake in shares of Proto Labs by 3.1% in the fourth quarter. CWA Asset Management Group LLC now owns 41,508 shares of the industrial products company’s stock worth $2,100,000 after purchasing an additional 1,256 shares during the last quarter. JPMorgan Chase & Co. increased its stake in shares of Proto Labs by 301.4% in the third quarter. JPMorgan Chase & Co. now owns 87,339 shares of the industrial products company’s stock valued at $4,370,000 after buying an additional 65,583 shares during the period. Finally, Polar Asset Management Partners Inc. acquired a new position in shares of Proto Labs in the 3rd quarter worth approximately $6,425,000. Institutional investors own 84.54% of the company’s stock.

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.