Proto Labs Inc (NYSE:PRLB) Director John B. Goodman sold 1,114 shares of the company’s stock in a transaction that occurred on Wednesday, March 14th. The shares were sold at an average price of $122.71, for a total value of $136,698.94. Following the completion of the transaction, the director now directly owns 11,091 shares of the company’s stock, valued at approximately $1,360,976.61. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.
Proto Labs Inc (NYSE:PRLB) traded up $0.70 during trading on Friday, reaching $123.60. The company’s stock had a trading volume of 282,557 shares, compared to its average volume of 171,715. The firm has a market cap of $3,315.57, a PE ratio of 64.04, a price-to-earnings-growth ratio of 2.52 and a beta of 1.04. Proto Labs Inc has a 12-month low of $48.00 and a 12-month high of $124.28.
Proto Labs (NYSE:PRLB) last posted its quarterly earnings results on Thursday, February 8th. The industrial products company reported $0.53 EPS for the quarter, beating the consensus estimate of $0.48 by $0.05. The firm had revenue of $94.18 million during the quarter, compared to analysts’ expectations of $92.20 million. Proto Labs had a return on equity of 12.22% and a net margin of 15.03%. The company’s revenue for the quarter was up 30.2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.41 EPS. equities analysts expect that Proto Labs Inc will post 2.53 earnings per share for the current year.
Several research firms have commented on PRLB. Craig Hallum set a $92.00 price target on Proto Labs and gave the company a “hold” rating in a report on Monday, November 27th. Zacks Investment Research raised Proto Labs from a “hold” rating to a “buy” rating and set a $115.00 price target for the company in a report on Thursday, January 4th. Finally, Piper Jaffray Companies reaffirmed a “hold” rating and issued a $84.00 price target on shares of Proto Labs in a report on Thursday, December 14th. Three equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of $85.00.
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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.
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