Alert: Positive Investment/Fundamental Signals (11/27/23)-Proto Labs Inc (NYSE: PRLB)


Significant positive changes in Proto Labs Inc (NYSE: PRLB) fundamentals have recently occurred: the consensus estimate for December, 2024 increased significantly, the consensus estimate for December, 2023 increased significantly, and significant quarterly earnings acceleration occurred.

Proto Labs Inc (NYSE: PRLB). Important positive changes in investment behavior have recently occurred: positive upside/downside volume developed.

In light of these very positive signals we are reviewing our current Overall Rating of C. We would view the shares with optimism pending completion of this review in the next several days.


Current PriceTarget Research Rating

PRLB’s future returns on capital are forecasted to be in line with the cost of capital. Accordingly, the company is expected to continue to be Value Creation neutral.

Proto Labs has a current Value Trend Rating of C (Low Neutral). This rating combines contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Proto Labs has a slightly negative Appreciation Score of 34 but a slightly positive Power Rating of 62, and the Low Neutral Value Trend Rating results.

Recent Price Action

Proto Labs Inc (NYSE: PRLB) stock closed at $37.22 on 11/27/23 after a modest gain of 0.3%. The stock has performed in line with the market over the last nine months and has risen 3.5% during the last week.

Be the first to comment

Leave a Reply

Your email address will not be published.