Proto Labs Inc (NYSE: PRLB) is -2.74% lower on its value in year-to-date trading and has touched a low of $25.75 and a high of $46.73 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The PRLB stock was last observed hovering at around $38.15 in the last trading session, with the day’s loss setting it -0.13%.
Currently trading at $38.02, the stock is -0.07% and 1.93% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.14 million and changing -0.34% at the moment leaves the stock 3.98% off its SMA200. PRLB registered 24.61% gain for a year compared to 6-month loss of -12.78%.
The stock witnessed a -7.29% gain in the last 1 month and extending the period to 3 months gives it a 3.91%, and is -3.31% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.36% over the week and 2.35% over the month.
Proto Labs Inc (PRLB) has around 2357 employees, a market worth around $903.76M and $499.20M in sales. Current P/E ratio is 63.69 and Fwd P/E is 23.67. Profit margin for the company is 2.99%. Distance from 52-week low is 47.62% and -18.64% from its 52-week high. The company has generated returns on investments over the last 12 months (2.27%).
The EPS is expected to shrink by -14.01% this year
The shares outstanding are 23.77M, and float is at 23.43M with Short Float at 3.50%.
The top institutional shareholder in the company is BLACKROCK INC. with over 4.32 million shares valued at $133.53 million. The investor’s holdings represent 17.0769 of the PRLB Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 2.97 million shares valued at $91.78 million to account for 11.7381 of the shares outstanding. The other top investors are DISCIPLINED GROWTH INVESTORS INC /MN which holds 1.95 million shares representing 7.6891 and valued at over $60.12 million, while DIMENSIONAL FUND ADVISORS LP holds 4.3873 of the shares totaling 1.11 million with a market value of $34.3 million.
Proto Labs Inc (PRLB) Insider Activity
The most recent transaction is an insider purchase by Bodor Robert, the company’s President and CEO. SEC filings show that Bodor Robert bought 3,480 shares of the company’s common stock on Sep 06 ’24 at a price of $28.68 per share for a total of $99800.0. Following the purchase, the insider now owns 80878.0 shares.
