Proto Labs, Inc. (NYSE:PRLB) VP Robert Bodor sold 4,000 shares of Proto Labs stock in a transaction that occurred on Monday, December 11th. The shares were sold at an average price of $94.79, for a total value of $379,160.00. Following the sale, the vice president now directly owns 20,578 shares in the company, valued at $1,950,588.62. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.
Shares of Proto Labs, Inc. (PRLB) traded up $1.40 on Friday, hitting $100.35. The stock had a trading volume of 357,300 shares, compared to its average volume of 193,585. Proto Labs, Inc. has a 12-month low of $48.00 and a 12-month high of $101.00. The company has a market cap of $2,645.93, a PE ratio of 56.74, a P/E/G ratio of 2.49 and a beta of 1.06.
Proto Labs (NYSE:PRLB) last issued its quarterly earnings results on Thursday, October 26th. The industrial products company reported $0.56 EPS for the quarter, topping analysts’ consensus estimates of $0.52 by $0.04. Proto Labs had a return on equity of 11.63% and a net margin of 14.53%. The firm had revenue of $88.10 million for the quarter, compared to analysts’ expectations of $85.68 million. During the same period in the previous year, the firm posted $0.51 EPS. The business’s revenue for the quarter was up 12.7% compared to the same quarter last year. research analysts forecast that Proto Labs, Inc. will post 1.9 earnings per share for the current fiscal year.
Several analysts have weighed in on PRLB shares. Zacks Investment Research raised Proto Labs from a “hold” rating to a “buy” rating and set a $96.00 price objective on the stock in a research report on Friday, November 3rd. BidaskClub cut Proto Labs from a “strong-buy” rating to a “buy” rating in a research report on Friday, October 6th. Piper Jaffray Companies reaffirmed a “hold” rating and set a $84.00 price objective on shares of Proto Labs in a research report on Thursday. Finally, Craig Hallum set a $92.00 price objective on Proto Labs and gave the company a “hold” rating in a research report on Monday, November 27th. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of $79.25.
About Proto Labs
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.
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.