PRLB vs. MYE, CECO, DXPE, XMTR, ERII, KRNT, TWI, GRC, IIIN, and OFLX
Should you be buying Proto Labs stock or one of its competitors? The main competitors of Proto Labs include Myers Industries (MYE), CECO Environmental (CECO), DXP Enterprises (DXPE), Xometry (XMTR), Energy Recovery (ERII), Kornit Digital (KRNT), Titan International (TWI), Gorman-Rupp (GRC), Insteel Industries (IIIN), and Omega Flex (OFLX). These companies are all part of the "industrial products" sector.
Proto Labs (NYSE:PRLB) and Myers Industries (NYSE:MYE) are both small-cap industrial products companies, but which is the better investment? We will compare the two companies based on the strength of their dividends, media sentiment, risk, institutional ownership, earnings, analyst recommendations, profitability, community ranking and valuation.
Myers Industries has higher revenue and earnings than Proto Labs. Myers Industries is trading at a lower price-to-earnings ratio than Proto Labs, indicating that it is currently the more affordable of the two stocks.
Myers Industries has a net margin of 6.01% compared to Proto Labs' net margin of 3.42%. Myers Industries' return on equity of 18.55% beat Proto Labs' return on equity.
In the previous week, Myers Industries had 2 more articles in the media than Proto Labs. MarketBeat recorded 4 mentions for Myers Industries and 2 mentions for Proto Labs. Myers Industries' average media sentiment score of 0.32 beat Proto Labs' score of -0.90 indicating that Myers Industries is being referred to more favorably in the news media.
Proto Labs has a beta of 1.34, indicating that its stock price is 34% more volatile than the S&P 500. Comparatively, Myers Industries has a beta of 1.31, indicating that its stock price is 31% more volatile than the S&P 500.
Proto Labs received 94 more outperform votes than Myers Industries when rated by MarketBeat users. Likewise, 63.14% of users gave Proto Labs an outperform vote while only 59.22% of users gave Myers Industries an outperform vote.
Proto Labs currently has a consensus price target of $35.00, indicating a potential upside of 11.57%. Myers Industries has a consensus price target of $30.00, indicating a potential upside of 36.12%. Given Myers Industries' stronger consensus rating and higher possible upside, analysts clearly believe Myers Industries is more favorable than Proto Labs.
84.5% of Proto Labs shares are owned by institutional investors. Comparatively, 90.8% of Myers Industries shares are owned by institutional investors. 1.2% of Proto Labs shares are owned by insiders. Comparatively, 1.4% of Myers Industries shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.
Summary
Myers Industries beats Proto Labs on 12 of the 17 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding PRLB and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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