Proto Labs Expands Capabilities With Full-Service Production

Zacks
08 Jan

Proto Labs, Inc. PRLB has expanded its capabilities by introducing full-service production to be able to serve companies at every stage in their product life cycles. The evolution has enabled the provision of service from early prototyping and pre-production to large-scale manufacturing and end-of-life product support, while ensuring improved pricing options, enhanced quality control and maintenance of Proto Labs’ established low-volume, quick-turn prototyping capabilities.

Along with bringing a strengthened prototyping-to-production experience, PRLB is focusing on speed and automation to serve customers in a more comprehensive manner. This expansion has also led to the evolution of the entire customer experience by providing instant online access to quotes and direct access to a team of production experts. Operations specialists will be assisting with logistics fulfillment and applications engineers will be working with customers to optimize CAD models and reduce overall costs.

Up until now, the manufacturing business has not witnessed the union of speed and automation with quality control, cost effectiveness and sophisticated production. Proto Labs, being the fastest and most comprehensive digital manufacturing service in the world, has combined these benefits from prototype to production and all stages in between, according to the requests from its customers.

PRLB Stock’s Price Performance

PRLB stock has gained 4.6% in the past year compared with the 17.4% decline in the industry.


Image Source: Zacks Investment Research

PRLB’s Zacks Rank and Key Picks

PRLB currently carries a Zacks Rank #3 (Hold).

Some better-ranked stocks in the industrial products space are DXP Enterprises, Inc. DXPE, Powell Industries, Inc. POWL and Dover Corporation DOV. While DXPE and POWL each sports a Zacks Rank #1 (Strong Buy) , DOV carries a Zacks Rank #2 (Buy) at present. You can see the complete list of today’s Zacks #1 Rank stocks here.

The Zacks Consensus Estimate for DXPE’s 2025 earnings is pegged at $4.31 per share, indicating a 5.9% year-over-year rise. The company’s shares have gained 158.4% in the past year.

The Zacks Consensus Estimate for POWL’s current fiscal-year earnings is pegged at $13.70 per share, indicating an 11.5% year-over-year rise. POWL surpassed the Zacks Consensus Estimate in each of the trailing four quarters, with an average earnings surprise of 57.6%. The stock has gained 194.6% in the past year.

The Zacks Consensus Estimate for DOV’s 2025 earnings is pegged at $9.37, indicating a 14.7% year-over-year rise. DOV’s earnings beat the Zacks Consensus Estimate in each of the last four quarters, with the average earnings surprise being 4%. The company’s shares have gained 26.8% in the past year.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

Dover Corporation (DOV) : Free Stock Analysis Report

DXP Enterprises, Inc. (DXPE) : Free Stock Analysis Report

Proto Labs, Inc. (PRLB) : Free Stock Analysis Report

Powell Industries, Inc. (POWL) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10