$0.46 EPS Expected for Proto Labs Inc (PRLB)

October 13, 2017 - By Ellis Scott

 $0.46 EPS Expected for Proto Labs Inc (PRLB)
Investors sentiment increased to 1.34 in 2017 Q2. Its up 0.25, from 1.09 in 2017Q1. It improved, as 16 investors sold Proto Labs Inc shares while 51 reduced holdings. 30 funds opened positions while 60 raised stakes. 26.27 million shares or 1.02% less from 26.54 million shares in 2017Q1 were reported.
Wasatch Advsrs holds 0.03% of its portfolio in Proto Labs Inc (NYSE:PRLB) for 33,200 shares. Chatham Capital Group has 17,040 shares for 0.32% of their portfolio. Jpmorgan Chase And accumulated 768,676 shares or 0.01% of the stock. Conestoga Capital Advsrs Ltd Co owns 448,818 shares or 1.57% of their US portfolio. Huntington Natl Bank reported 1,585 shares stake. Virginia Retirement System Et Al stated it has 0.01% in Proto Labs Inc (NYSE:PRLB). Piedmont Invest Ltd Liability accumulated 5,271 shares. 14,809 were reported by Grp One Trading L P. Royal Savings Bank Of Canada reported 0.01% stake. Da Davidson & holds 0% of its portfolio in Proto Labs Inc (NYSE:PRLB) for 2,758 shares. Motley Fool Asset Lc reported 40,000 shares. Utd Svcs Automobile Association invested in 0.01% or 48,000 shares. Paloma Prns Mgmt Company has invested 0% in Proto Labs Inc (NYSE:PRLB). The Switzerland-based Credit Suisse Ag has invested 0% in Proto Labs Inc (NYSE:PRLB). Sandy Spring Bankshares holds 0% in Proto Labs Inc (NYSE:PRLB) or 150 shares.

Since May 8, 2017, it had 0 buys, and 3 selling transactions for $1.05 million activity. Tumelty John B. also sold $734,202 worth of Proto Labs Inc (NYSE:PRLB) shares. 4,000 shares were sold by Bodor Robert, worth $264,033 on Thursday, June 8. Shares for $53,354 were sold by Gawlick Rainer.

Analysts expect Proto Labs Inc (NYSE:PRLB) to report $0.46 EPS on October, 26.They anticipate $0.01 EPS change or 2.22 % from last quarter’s $0.45 EPS. PRLB’s profit would be $12.23 million giving it 43.34 P/E if the $0.46 EPS is correct. After having $0.45 EPS previously, Proto Labs Inc’s analysts see 2.22 % EPS growth. The stock increased 0.19% or $0.15 during the last trading session, reaching $79.75. About 85,624 shares traded. Proto Labs Inc (NYSE:PRLB) has risen 6.14% since October 13, 2016 and is uptrending. It has underperformed by 10.56% the S&P500.

Proto Labs Inc (NYSE:PRLB) Ratings Coverage

Among 6 analysts covering Proto Labs (NYSE:PRLB), 3 have Buy rating, 0 Sell and 3 Hold. Therefore 50% are positive. Proto Labs had 9 analyst reports since August 26, 2015 according to SRatingsIntel. The rating was upgraded by Canaccord Genuity on Thursday, October 15 to “Buy”. FBR Capital initiated the shares of PRLB in report on Wednesday, May 11 with “Outperform” rating. The firm has “Outperform” rating by Oppenheimer given on Wednesday, August 26. As per Friday, April 28, the company rating was maintained by Dougherty & Company. Dougherty & Company upgraded the stock to “Neutral” rating in Tuesday, June 27 report. The rating was downgraded by Dougherty & Company to “Sell” on Wednesday, August 31. The firm earned “Hold” rating on Thursday, July 27 by Piper Jaffray. The rating was downgraded by Stephens to “Equal-Weight” on Friday, April 29.

Proto Labs, Inc. is an e-commerce driven digital maker of on-demand three dimensional printed, computer numerical control (CNC) machined and injection-molded custom parts for prototyping and short-run production. The company has market cap of $2.12 billion. The Company’s geographic divisions include the United States, Europe and Japan. It has a 46.52 P/E ratio. The Firm targets its products to the product developers and engineers who use 3D computer-aided design (3D CAD) software to design products across a range of end markets.

More notable recent Proto Labs Inc (NYSE:PRLB) news were published by: Seekingalpha.com which released: “Proto Labs (PRLB) Q4 2016 Results – Earnings Call Transcript” on February 09, 2017, also Fool.com with their article: “3D Printing News: Proto Labs Has a Lot to Prove on Thursday When It Reports Q2 …” published on July 23, 2017, Fool.com published: “Proto Labs Posts Solid Earnings, Driven by 3D Printing and CNC Machining” on July 28, 2017. More interesting news about Proto Labs Inc (NYSE:PRLB) were released by: Fool.com and their article: “Why 3D Printing Stock Proto Labs Jumped Nearly 12% in September” published on October 06, 2017 as well as Startribune.com‘s news article titled: “Proto Labs Chairman and founder Larry Lukis will retire after 18 years” with publication date: March 03, 2017.

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