How to Buy Proto Labs Stock
Proto Labs Inc
Proto Labs is a metal fabrication company located in Minnesota, United States, which is part of the Industrials sector, and is traded under the ticker PRLB on the NYSE exchange.
Proto Labs stock last closed at $29.21, up 0.1% from the previous day, and has increased 7.83% in one year. It has underperformed other stocks in the Metal Fabrication industry by 0.15 percentage points. Proto Labs stock is currently +26.94% from its 52-week low of $23.01, and -30.24% from its 52-week high of $41.87.
As of Sep 12, 2024, there are 25.15M PRLB shares outstanding. The market cap of PRLB is $734.56M. In the past 24 hours, 178,559 PRLB shares were traded.
How to Buy Proto Labs Stock
Not sure how to invest in Proto Labs stock? Here's how.
- Decide where to buy Proto Labs stock: You need to pick a stock brokerage, but don't worry - we've analyzed dozens of stock brokerages and apps to help you figure out where to buy Proto Labs stock.
- Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Put funds into your investment account: Pick your payment method and add your details.
- Analyze Proto Labs stock: The Proto Labs ticker symbol is PRLB. Is Proto Labs stock a good investment? Should you buy shares of PRLB? How do PRLB's underlying business fundamentals look? Do top analysts think Proto Labs is a good buy? Why has PRLB's stock price moved recently? (Hint: Our stock market research website can help you evaluate if PRLB is a good stock to buy).
- Execute your PRLB purchase: Decide if you will purchase PRLB shares at the current market price or use a limit order to purchase PRLB stock at a given price.
- Get updates on your investment in PRLB: Create a watchlist to key updates about your new investment in Proto Labs shares.
Step 1: Decide where to buy Proto Labs stock
You will need a brokerage account to access the NYSE market and buy PRLB stock.
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Open eToro AccountStep 2: Open your brokerage account
Now that you've chosen the best brokerage, you need to fill out some personal info so you are able to buy PRLB today.
How to Open a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal details to start your new trading account.
- Submit your info by hitting the "Create Account" button. Get started with eToro today
Step 3: Put funds into your investment account
Now that you have finished signing up on apps for stock market, you can securely and quickly fund your account:
Watch the tutorial below if you need help transferring money into your new investment account.
Step 4: Analyze Proto Labs stock
Once you have chosen the best place to buy Proto Labs stock, it's very important to analyze their stock before you buy, so you actually understand the risk as well as the upside.
Proto Labs quick stats
Fundamentals of PRLB
WallStreetZen was designed to help average investors perform more in-depth fundamental analysis.
You can see all of the due diligence checks on PRLB's stock page.
What is the fair value of PRLB stock?
You can use a variety of different financial metrics, analyses, models, and charts to gauge PRLB's fair value.
Using relative valuations metrics:
- PRLB may be overvalued based on its P/E ratio of 30.11x, relative to Metal Fabrication industry P/E ratio of 22.27x
- PRLB could be undervalued based on its P/B ratio of 1.07x, relative to Metal Fabrication industry P/B ratio of 3.32x
You can do more valuation analysis on PRLB's stock here.
A quick look at PRLB Financials
Passed Health Checks:
- There are more short-term assets than short-term liabilities on the PRLB balance sheet.
- PRLB has a low debt to equity ratio of 0.11.
- PRLB profit margin has gone up from -22.4% to 4.9% in the past year.
- Total PRLB debt is lower than 5 years ago, relative to shareholder equity.
- PRLB earnings of $35.76M is not enough to cover its interest payments.
- There are more short-term assets than long-term liabilities on the PRLB balance sheet.
- PRLB's operating cash flow of $77.19M allows it to safely service it's debt of $4.48M.
Do Wall Street analysts think it's a good time to buy PRLB stock
Out of 3 Wall Street analysts who research PRLB, the consensus analyst rating on PRLB is a Strong Buy
It's important to keep in mind that analyst forecasts are not stock recommendations, nor are they investment advice.
You can dive deeper into what analysts are saying on the Proto Labs stock forecast page.
PRLB Trading Indicators
PRLB Performance Numbers
Last year, PRLB earnings were $24.75M. In the past five year, PRLB's earnings have gone up by -18.27% per year. This was slower than the Metal Fabrication industry average of 15.66%.
Last year, PRLB revenue was $509.27M. Over the last 5 year, PRLB's revenue has increased by 2.16% per year. This was slower than the Metal Fabrication industry average of 5.18%.
Dive into PRLB's earnings and revenue performance here.
Are PRLB insiders buying or selling the stock?
Over the last 12 months, insiders at PRLB have sold more shares than they have bought.
Robert Bodor, President and CEO of PRLB, was the latest PRLB insider to buy. They bought $99,799.44 worth of PRLB shares on Sep 6, 2024.
Get more info about who owns PRLB stock here.
Can I rely on PRLB as an income stream?
No, Proto Labs doesn't provide an income stream by paying out dividends.
PRLB Social Trading Data
One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.
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Step 5: Execute your PRLB purchase
There are two primary order types:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are mostly fine. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at an exact dollar amount, place a limit order.
Click the Open Trade button and your broker will place the order.
If you require additional assistance buying stocks on eToro, watch the how to video below:
Step 6: Get updates on your investment in PRLB
Now that you own some shares in PRLB, you'll want to stay up-to-date on your new investment.
Start a watchlist to track the most important metrics related to your PRLB stock.
PRLB Feed
How to Buy Stock in Proto Labs
To reiterate, here are the 6 steps to buy Proto Labs stock:
- Decide where to buy Proto Labs stock
- Open your brokerage account
- Put funds into your investment account
- Analyze Proto Labs stock
- Execute your PRLB purchase
- Get updates on your investment in PRLB
If you need a online brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you would like to get the latest scoop on your new investment in Proto Labs, click below.
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