Media coverage about Proto Labs (NYSE:PRLB) has trended somewhat positive this week, according to Accern Sentiment Analysis. The research group rates the sentiment of media coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Proto Labs earned a coverage optimism score of 0.11 on Accern’s scale. Accern also assigned media coverage about the industrial products company an impact score of 47.4801266036765 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
These are some of the headlines that may have effected Accern’s analysis:
Separately, Zacks Investment Research lowered Proto Labs from a “buy” rating to a “hold” rating in a research note on Wednesday, April 11th. Four analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $85.00.
Shares of NYSE PRLB opened at $121.00 on Tuesday. The firm has a market capitalization of $3,212.00, a P/E ratio of 62.69, a PEG ratio of 2.44 and a beta of 0.96. Proto Labs has a one year low of $49.30 and a one year high of $126.95.
Proto Labs (NYSE:PRLB) last issued its earnings results on Thursday, February 8th. The industrial products company reported $0.53 EPS for the quarter, beating analysts’ consensus estimates of $0.48 by $0.05. The business had revenue of $94.18 million during the quarter, compared to analyst estimates of $92.20 million. Proto Labs had a return on equity of 12.22% and a net margin of 15.03%. Proto Labs’s revenue was up 30.2% on a year-over-year basis. During the same period in the prior year, the company posted $0.41 earnings per share. research analysts predict that Proto Labs will post 2.53 EPS for the current fiscal year.
In other Proto Labs news, Director John B. Goodman sold 2,715 shares of the company’s stock in a transaction on Monday, February 12th. The stock was sold at an average price of $106.79, for a total value of $289,934.85. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, VP Robert Bodor sold 1,891 shares of the company’s stock in a transaction on Tuesday, February 13th. The shares were sold at an average price of $106.00, for a total value of $200,446.00. The disclosure for this sale can be found here. Insiders sold 5,720 shares of company stock worth $627,080 over the last quarter. Company insiders own 0.64% of the company’s stock.
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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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