Is Proto Labs Stock a Good Investment?
Proto Labs Investment Advice | PRLB |
- Examine Proto Labs' financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Proto Labs' leadership team and their track record. Good management can help Proto Labs navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Industrial Machinery & Supplies & Components space and any emerging trends that could impact Proto Labs' business and its evolving consumer preferences.
- Compare Proto Labs' performance and market position to its competitors. Analyze how Proto Labs is positioned in terms of product offerings, innovation, and market share.
- Check if Proto Labs pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Proto Labs' stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Proto Labs stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Proto Labs is a good investment.
Sell | Buy |
Strong Hold
Market Performance | OK | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Actively responds to the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Not Available | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Proto Labs Stock
Researching Proto Labs' stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 94.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.42. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Proto Labs has Price/Earnings To Growth (PEG) ratio of 1.71. The entity had not issued any dividends in recent years.
To determine if Proto Labs is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Proto Labs' research are outlined below:
| Proto Labs has a strong financial position based on the latest SEC filings | |
| Over 94.0% of the company shares are owned by institutional investors | |
| Latest headline from finance.yahoo.com: Allegheny Technologies Outperforms Broader Market What You Need to Know |
Proto Labs uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Proto Labs. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Proto Labs' previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 9th of February 2024 Upcoming Quarterly Report | View | |
| 3rd of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 9th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Proto Labs' market capitalization trends
The company currently falls under 'Small-Cap' category with a current market capitalization of 929.67 M.Proto Labs' profitablity analysis
The company has Profit Margin (PM) of 0.03 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.04 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.04.Determining Proto Labs' profitability involves analyzing its financial statements and using various financial metrics to determine if Proto Labs is a good buy. For example, gross profit margin measures Proto Labs' profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Proto Labs' profitability and make more informed investment decisions.
Please note, the presentation of Proto Labs' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Proto Labs' management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Proto Labs' management manipulating its earnings.
Basic technical analysis of Proto Stock
As of the 29th of July, Proto Labs holds the Risk Adjusted Performance of 0.0884, coefficient of variation of 936.25, and Semi Deviation of 1.62. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Proto Labs, as well as the relationship between them.Proto Labs' insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Proto Labs insiders, such as employees or executives, is commonly permitted as long as it does not rely on Proto Labs' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Proto Labs insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Proto Labs' Outstanding Corporate Bonds
Proto Labs issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Proto Labs uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Proto bonds can be classified according to their maturity, which is the date when Proto Labs has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| US743756AB40 Corp BondUS743756AB40 | View | |
| US743756AC23 Corp BondUS743756AC23 | View | |
| MPLX LP 4125 Corp BondUS55336VAK61 | View | |
| BNP Paribas FRN Corp BondUSF1R15XK367 | View | |
| Morgan Stanley 3591 Corp BondUS61744YAK47 | View | |
| Valero Energy Partners Corp BondUS91914JAA07 | View |
Understand Proto Labs' technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Proto Labs' various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.0884 | |||
| Market Risk Adjusted Performance | 0.1302 | |||
| Mean Deviation | 1.53 | |||
| Semi Deviation | 1.62 | |||
| Downside Deviation | 1.94 | |||
| Coefficient Of Variation | 936.25 | |||
| Standard Deviation | 2.03 | |||
| Variance | 4.13 | |||
| Information Ratio | 0.0128 | |||
| Jensen Alpha | (0.10) | |||
| Total Risk Alpha | (0.27) | |||
| Sortino Ratio | 0.0133 | |||
| Treynor Ratio | 0.1202 | |||
| Maximum Drawdown | 12.51 | |||
| Value At Risk | (2.81) | |||
| Potential Upside | 2.94 | |||
| Downside Variance | 3.77 | |||
| Semi Variance | 2.64 | |||
| Expected Short fall | (1.57) | |||
| Skewness | 0.3931 | |||
| Kurtosis | 1.65 |
| Risk Adjusted Performance | 0.0884 | |||
| Market Risk Adjusted Performance | 0.1302 | |||
| Mean Deviation | 1.53 | |||
| Semi Deviation | 1.62 | |||
| Downside Deviation | 1.94 | |||
| Coefficient Of Variation | 936.25 | |||
| Standard Deviation | 2.03 | |||
| Variance | 4.13 | |||
| Information Ratio | 0.0128 | |||
| Jensen Alpha | (0.10) | |||
| Total Risk Alpha | (0.27) | |||
| Sortino Ratio | 0.0133 | |||
| Treynor Ratio | 0.1202 | |||
| Maximum Drawdown | 12.51 | |||
| Value At Risk | (2.81) | |||
| Potential Upside | 2.94 | |||
| Downside Variance | 3.77 | |||
| Semi Variance | 2.64 | |||
| Expected Short fall | (1.57) | |||
| Skewness | 0.3931 | |||
| Kurtosis | 1.65 |
Consider Proto Labs' intraday indicators
Proto Labs intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Proto Labs stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Proto Labs time-series forecasting models is one of many Proto Labs' stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Proto Labs' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.
Proto Stock media impact
There is far too much social signal, news, headlines, and media speculation about Proto Labs that are available to investors today. This information is accessible both publicly - through Proto Labs' media outlets and privately, via word of mouth or internal channels. However, regardless of the source, the sheer volume of Proto-related data is difficult to distill into actionable insights, especially for investors who are not well-versed in the rapidly evolving tools and techniques of investment management.
A primary focus of Proto Labs news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Proto Labs relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Proto Labs' headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Proto Labs alpha.
Proto Labs Corporate Directors
| Sujeet Chand | Independent Director | Profile | |
| Moonhie Chin | Independent Director | Profile | |
| John Goodman | Independent Director | Profile | |
| Rainer Gawlick | Independent Director | Profile |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in 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. For information on how to trade Proto Stock refer to our How to Trade Proto Stock guide.You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
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.
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.
In summary, please note that there is a difference between Proto Labs' value and its price, as these two are different measures arrived at by various 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.