Is Proto Labs Stock a good buy in 2023, according to Wall Street analysts?
The consensus among 3 Wall Street analysts covering (NYSE: PRLB) stock is to Strong Buy PRLB stock.
Out of 3 analysts, 2 (66.67%) are recommending PRLB as a Strong Buy, 0 (0%) are recommending PRLB as a Buy, 1 (33.33%) are recommending PRLB as a Hold, 0 (0%) are recommending PRLB as a Sell, and 0 (0%) are recommending PRLB as a Strong Sell.
What is PRLB's forecast return on equity (ROE) for 2023-2024?
(NYSE: PRLB) forecast ROE is N/A, which is considered weak.
What is PRLB's Price Target?
According to 3 Wall Street analysts that have issued a 1 year PRLB price target, the average PRLB price target is $38.33, with the highest PRLB stock price forecast at $45.00 and the lowest PRLB stock price forecast at $28.00.
On average, Wall Street analysts predict that Proto Labs's share price could reach $38.33 by Aug 7, 2024. The average Proto Labs stock price prediction forecasts a potential upside of 48.35% from the current PRLB share price of $25.84.
What is PRLB's forecast return on assets (ROA) for 2023-2024?
(NYSE: PRLB) forecast ROA is N/A, which is lower than the forecast US Metal Fabrication industry average of 5.46%.
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