stocks logo

PRLB Stock Price & Analysis

Proto Labs Inc
$
36.550
+36.550(+0%)6M

PRLB Stock Price Chart

5D
1M
3M
6M
YTD
1Y
5Y

PRLB Fundamental Analysis

2
buy
Moderate Buy
Buy
Hold
Sell
bubble
High
50.00
bubble
Averages
47.50
bubble
Low
45.00
Analyst
Rating
Action
Price Target
Date
Rating Reason
Cantor Fitzgerald
Troy Jensen
Buy
Maintains
$40 → $50
2025-02-10
Needham
James Ricchiuti
Hold
Reiterates
n/a
2025-02-07
Needham
James Ricchiuti
Hold
Reiterates
n/a
2025-01-16
Cantor Fitzgerald
Troy Jensen
Buy
Reiterates
$40
2024-11-04
Craig-Hallum
Greg Palm
Hold
Maintains
$30 → $36
2024-11-04
Craig-Hallum
bubble

PRLB Earnings Analysis

Proto Labs Inc Corporation (PRLB.N) Q2 2024 Earnings Conference Call

Positive

  • Revenue and Earnings Growth: Proto Labs' first half 2024 revenue grew 2% year over year, while non-GAAP earnings per share increased by 25%.

  • Network Revenue Growth: In the second quarter of 2024, Proto Labs network revenue rose by 22.7% in constant currencies, demonstrating strong growth in this segment.

  • Customer Adoption Surge: The number of customers utilizing Proto Labs' comprehensive offer increased by over 50% year over year, indicating strong customer adoption and engagement.

  • Gross Margin Improvement: Second quarter non-GAAP gross margin improved to 45.7%, reflecting a 10 basis point increase sequentially, showcasing enhanced profitability.

  • Strong Cash Generation: Cash flow from operations was $14.4 million, and the company repurchased $10.9 million of common shares during the quarter, highlighting strong cash generation and commitment to returning capital to shareholders.

Negative

  • Sequential Net Income Decline: Second quarter non GAAP diluted net income per share was $0.38, down $0.02 compared to the first quarter of twenty twenty four, indicating a sequential decline due to lower volume.

  • Injection Molding Revenue Stagnation: Second quarter injection molding revenue was flat year over year, with smaller prototype orders declining, suggesting stagnation in a key revenue segment.

  • Customer Ordering Trends: Customer ordering patterns softened in June and continued in July, reflecting a challenging macro environment and leading to a cautious outlook for the third quarter.

  • Manufacturing PMI Decline: The U.S. Manufacturing PMI in July hit an eight-month low, indicating deeper contraction in manufacturing activity, which negatively impacts Proto Labs' growth potential.

  • Third Quarter Revenue Guidance: The guidance for third quarter revenue is projected between $117 million and $125 million, reflecting a more pronounced challenging operating environment than previously experienced.

PRLB News

bubble
1.0
03-05Newsfilter
Protolabs to Attend Cantor Fitzgerald Global Technology Conference on March 11-12, 2025
bubble
4.0
02-11Business Insider
Analysts Are Bullish on Top Industrial Goods Stocks: Insperity (NSP), Quanex (NX)
bubble
4.0
02-07Benzinga
Needham Reiterates Hold on Proto Labsto Hold
bubble
4.5
02-07Benzinga
Wall Street Drops On Tariffs Threat, Dollar Rises, Uber Rockets On Ackman's Tweet: What's Driving Markets Friday?
bubble
9.5
02-07Investing.com
Proto Labs Q4 earnings beat estimates, revenue slightly down YoY By Investing.com

PRLB FAQs

What is surpport and resistant level for PRLB Stock?

The S1 support level for PRLB Stock is $36.04 ,The R1 resistant level for PRLB Stock is $39.87.

What is the current price of PRLB Stock?

What is the target price of PRLB Stock?

What is the market cap of Proto Labs Inc?

What is Proto Labs Inc (PRLB)'s business?

How many employees does PRLB have?

PRLB Key Stats

High
36.660
Vol
150.90K
Low
35.765
Amount
5.51M
Open
36.300
VWAP
36.50
Mkt Cap
885.72M
EV/EBITDA(TTM)
12.71

PRLB Company Profile

Proto Labs, Inc. is a provider of comprehensive digital manufacturing service. The Company utilizes injection molding, computer numerical control (CNC) machining, three-dimensional (3D) printing and sheet metal fabrication to manufacture custom parts for its customers. The Company targets its products to product developers and engineers who use 3D computer-aided design (CAD) software to design products across a diverse range of end-markets, to the procurement and supply chain professionals seeking to source custom parts on-demand, and to various customers seeking to purchase low-volume custom parts. The Company, through Protolabs Network by Hubs (Protolabs Network), provides its customers access to a global network of manufacturing partners. Its customers engage with the Company throughout the lifecycle of their product, from early-stage prototyping through end-use production to end-of-life replacement and other parts needs. It has operations in the United States and Europe.