Proto Labs Stock Buy Hold or Sell Recommendation
| PRLB Stock | USD 40.80 0.31 0.75% |
Given the investment horizon of 90 days and your conservative risk appetite, our recommendation regarding Proto Labs is 'Cautious Hold'. Macroaxis provides Proto Labs buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding PRLB positions.
Check out Proto Labs Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For information on how to trade Proto Stock refer to our How to Trade Proto Stock guide. In addition, we conduct extensive research on individual companies such as Proto and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Proto Labs. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
Proto |
Execute Proto Labs Buy or Sell Advice
The Proto recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Proto Labs. Macroaxis does not own or have any residual interests in Proto Labs or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Proto Labs' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Cautious Hold
Market Performance | OK | Details | |
Volatility | Not too volatile | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Proto Labs Trading Alerts and Improvement Suggestions
| Proto Labs is way too risky over 90 days horizon | |
| Proto Labs appears to be risky and price may revert if volatility continues | |
| Proto Labs has a strong financial position based on the latest SEC filings | |
| Over 91.0% of the company shares are owned by institutional investors | |
| Latest headline from zacks.com: Should You Buy Proto Labs After Golden Cross |
Proto Labs Returns Distribution Density
The distribution of Proto Labs' historical returns is an attempt to chart the uncertainty of Proto Labs' future price movements. The chart of the probability distribution of Proto Labs daily returns describes the distribution of returns around its average expected value. We use Proto Labs price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Proto Labs returns is essential to provide solid investment advice for Proto Labs.
| Mean Return | 0.58 | Value At Risk | -3.13 | Potential Upside | 5.08 | Standard Deviation | 5.57 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Proto Labs historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Proto Stock Institutional Investors
| Shares | Wellington Management Company Llp | 2024-06-30 | 364 K | Charles Schwab Investment Management Inc | 2024-09-30 | 330.8 K | Assenagon Asset Management Sa | 2024-09-30 | 299.8 K | Hotchkis & Wiley Capital Management Llc | 2024-09-30 | 292.4 K | S Squared Technology, Llc | 2024-09-30 | 292 K | Northern Trust Corp | 2024-09-30 | 272.3 K | Prudential Financial Inc | 2024-09-30 | 223 K | Deutsche Bank Ag | 2024-06-30 | 191.4 K | Jupiter Asset Management Limited | 2024-09-30 | 175.8 K | Blackrock Inc | 2024-06-30 | 4.3 M | Vanguard Group Inc | 2024-09-30 | 2.9 M |
Proto Labs Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | 60K | (662K) | (2.4M) | (310K) | 112K | 117.6K | |
| Change In Cash | 40.2M | 2.4M | (61.7M) | (9.4M) | 27.2M | 28.6M | |
| Free Cash Flow | 53.8M | 60.0M | 21.0M | 40.4M | 45.2M | 31.3M | |
| Depreciation | 30.9M | 32.6M | 40.5M | 39.4M | 37.5M | 21.5M | |
| Other Non Cash Items | 396K | 79K | (12.4M) | 119.7M | 4.6M | 6.5M | |
| Capital Expenditures | 62.2M | 47.0M | 34.2M | 21.7M | 28.1M | 36.8M | |
| Net Income | 63.7M | 50.9M | 33.4M | (103.5M) | 17.2M | 22.0M | |
| End Period Cash Flow | 125.2M | 127.6M | 65.9M | 56.6M | 83.8M | 61.4M | |
| Change To Netincome | 17.3M | 21.9M | 7.0M | 127.7M | 146.9M | 154.2M | |
| Investments | 17.9M | (48.5M) | 67.0M | (43.1M) | 10.1M | 10.7M | |
| Change Receivables | 1.8M | (91K) | (20.1M) | 1.6M | 1.5M | 1.5M |
Proto Labs Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Proto Labs or Machinery sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Proto Labs' price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Proto stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.20 | |
β | Beta against Dow Jones | 3.18 | |
σ | Overall volatility | 5.68 | |
Ir | Information ratio | 0.08 |
Proto Labs Volatility Alert
Proto Labs currently demonstrates below-average downside deviation. It has Information Ratio of 0.08 and Jensen Alpha of 0.2. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Proto Labs' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Proto Labs' stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Proto Labs Fundamentals Vs Peers
Comparing Proto Labs' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Proto Labs' direct or indirect competition across all of the common fundamentals between Proto Labs and the related equities. This way, we can detect undervalued stocks with similar characteristics as Proto Labs or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Proto Labs' fundamental indicators could also be used in its relative valuation, which is a method of valuing Proto Labs by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Proto Labs to competition |
| Fundamentals | Proto Labs | Peer Average |
| Return On Equity | 0.0352 | -0.31 |
| Return On Asset | 0.0242 | -0.14 |
| Profit Margin | 0.05 % | (1.27) % |
| Operating Margin | 0.07 % | (5.51) % |
| Current Valuation | 903.6 M | 16.62 B |
| Shares Outstanding | 24.51 M | 571.82 M |
| Shares Owned By Insiders | 0.92 % | 10.09 % |
| Shares Owned By Institutions | 91.37 % | 39.21 % |
| Number Of Shares Shorted | 711.04 K | 4.71 M |
| Price To Earning | 27.47 X | 28.72 X |
| Price To Book | 1.47 X | 9.51 X |
| Price To Sales | 1.98 X | 11.42 X |
| Revenue | 503.88 M | 9.43 B |
| Gross Profit | 215.47 M | 27.38 B |
| EBITDA | 28.17 M | 3.9 B |
| Net Income | 17.22 M | 570.98 M |
| Cash And Equivalents | 84.61 M | 2.7 B |
| Cash Per Share | 3.12 X | 5.01 X |
| Total Debt | 5.48 M | 5.32 B |
| Debt To Equity | 0.01 % | 48.70 % |
| Current Ratio | 3.17 X | 2.16 X |
| Book Value Per Share | 27.74 X | 1.93 K |
| Cash Flow From Operations | 73.27 M | 971.22 M |
| Short Ratio | 2.26 X | 4.00 X |
| Earnings Per Share | 0.94 X | 3.12 X |
| Price To Earnings To Growth | 1.71 X | 4.89 X |
| Target Price | 40.33 | |
| Number Of Employees | 2.42 K | 18.84 K |
| Beta | 1.32 | -0.15 |
| Market Capitalization | 1 B | 19.03 B |
| Total Asset | 772.35 M | 29.47 B |
| Retained Earnings | 256.4 M | 9.33 B |
| Working Capital | 150.98 M | 1.48 B |
Note: Acquisition by Oleg Ryaboy of 5172 shares of Proto Labs subject to Rule 16b-3 [view details]
Proto Labs Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Proto . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Proto Labs Buy or Sell Advice
When is the right time to buy or sell Proto Labs? Buying financial instruments such as Proto Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Proto Labs in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Money Market Funds Thematic Idea Now
Money Market Funds
Funds or Etfs investing in various types of short-term (less than one year) fixed income instruments of high-quality and liquidity. The Money Market Funds theme has 45 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Money Market Funds Theme or any other thematic opportunities.
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Check out Proto Labs Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For information on how to trade Proto Stock refer to our How to Trade Proto Stock guide.You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Proto Labs. If investors know Proto will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Proto Labs listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.06) | Earnings Share 0.94 | Revenue Per Share 19.816 | Quarterly Revenue Growth (0.04) | Return On Assets 0.0242 |
The market value of Proto Labs is measured differently than its book value, which is the value of Proto that is recorded on the company's balance sheet. Investors also form their own opinion of Proto Labs' value that differs from its market value or its book value, called intrinsic value, which is Proto Labs' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Proto Labs' market value can be influenced by many factors that don't directly affect Proto Labs' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Proto Labs' value and its price as these two are different measures arrived at by different means. Investors typically determine if Proto Labs is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Proto Labs' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.