Proto Labs (NYSE:PRLB – Get Free Report) issued an update on its first quarter 2025 earnings guidance on Friday morning. The company provided EPS guidance of 0.260-0.340 for the period, compared to the consensus EPS estimate of 0.340. The company issued revenue guidance of $120.0 million-$128.0 million, compared to the consensus revenue estimate of $124.5 million.
Wall Street Analysts Forecast Growth
A number of research firms recently weighed in on PRLB. Craig Hallum raised their target price on shares of Proto Labs from $30.00 to $36.00 and gave the company a “hold” rating in a report on Monday, November 4th. Needham & Company LLC reiterated a “hold” rating on shares of Proto Labs in a report on Friday. Finally, Cantor Fitzgerald reiterated an “overweight” rating and issued a $40.00 price target on shares of Proto Labs in a report on Monday, November 4th. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat.com, Proto Labs has an average rating of “Moderate Buy” and an average price target of $40.33.
View Our Latest Report on PRLB
Proto Labs Trading Down 6.6 %
Proto Labs announced that its Board of Directors has approved a share repurchase program on Friday, February 7th that authorizes the company to repurchase $100.00 million in outstanding shares. This repurchase authorization authorizes the industrial products company to buy up to 9.8% of its stock through open market purchases. Stock repurchase programs are typically a sign that the company’s leadership believes its shares are undervalued.
About Proto Labs
Proto Labs, Inc, together with its subsidiaries, operates as a digital manufacturer of custom parts in the United States and Europe. The company offers injection molding; computer numerical control machining; three-dimensional printing; and sheet metal fabrication products. It serves developers and engineers, who use 3D computer-aided design software to design products across a range of end-markets.
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