Faro Technologies Company Profile (NASDAQ:FARO)

Analyst Ratings

Consensus Ratings for Faro Technologies (NASDAQ:FARO) (?)
Ratings Breakdown: 4 Hold Rating(s), 4 Buy Rating(s)
Consensus Rating:Buy (Score: 2.50)
Consensus Price Target: $37.50 (6.38% upside)

Analysts' Ratings History for Faro Technologies (NASDAQ:FARO)
Show:
DateFirmActionRatingPrice TargetActions
7/15/2016Needham & Company LLCReiterated RatingBuy$39.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
5/11/2016FBR & CoReiterated RatingMarket Perform$34.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
5/5/2016Noble FinancialUpgradeHold -> Buy$41.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
5/4/2016Canaccord GenuityReiterated RatingBuy$38.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
3/2/2016Sterne Agee CRTBoost Price Target$30.00 -> $33.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
1/21/2016StephensUpgradeEqual Weight -> OverweightView Rating Details  Tweet This Rating  Share This Rating on StockTwits
11/4/2015Oppenheimer Holdings Inc.DowngradeOutperform -> Market PerformView Rating Details  Tweet This Rating  Share This Rating on StockTwits
10/5/2015Robert W. BairdLower Price TargetNeutral$48.00 -> $40.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
4/21/2015GabelliUpgradeHold -> BuyView Rating Details  Tweet This Rating  Share This Rating on StockTwits
(Data available from 7/29/2014 forward)

Earnings

Earnings History for Faro Technologies (NASDAQ:FARO)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallActions
8/2/2016Q216$0.28$84.38 millionN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
5/3/2016Q116$0.04$0.19$71.74 million$75.70 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/24/2016Q415$0.32$0.60$89.55 million$91.30 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
11/3/2015Q315$0.29$0.38$84.10 million$72.51 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
7/29/2015Q2$0.23$0.24$79.69 million$83.80 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
4/28/2015Q115$0.12$0.04$72.63 million$69.90 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/25/2015Q414$0.62$0.64$100.80 million$104.20 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
10/28/2014Q314$0.34$0.38$79.90 million$82.20 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
7/29/2014Q214$0.34$0.36$77.55 million$82.10 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
4/29/2014Q114$0.28$0.29$74.24 million$73.40 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/26/2014Q413$0.50$0.48$82.45 million$89.90 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
10/31/2013Q313$0.21$0.29$66.27 million$68.20 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
7/30/2013Q2 2013$0.29$0.21$70.56 million$68.30 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
5/1/2013Q113$0.30$0.27$67.61 million$65.40 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/27/2013Q4 2012$0.31$0.46$68.01 million$80.67 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
10/31/2012Q312$0.35$0.21$68.05 million$60.70 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
7/31/2012$0.46$0.28ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
5/1/2012$0.31$0.39ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/28/2012$0.51$0.56ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
11/2/2011$0.30$0.38ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
8/3/2011$0.31$0.25ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
5/5/2011$0.21$0.20ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/23/2011$0.26$0.29ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Faro Technologies (NASDAQ:FARO)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q2 20161$0.24$0.24$0.24
Q3 20161$0.23$0.23$0.23
Q4 20161$0.54$0.54$0.54
Q2 20171$0.40$0.40$0.40
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Faro Technologies (NASDAQ:FARO)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading History for Faro Technologies (NASDAQ:FARO)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionActions
5/6/2016Stephen ColeDirectorBuy5,000$33.80$169,000.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
11/6/2015Marvin R SamburDirectorBuy2,200$24.96$54,912.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
5/4/2015Stephen ColeDirectorBuy2,000$40.50$81,000.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
2/26/2015Jay FreelandCEOSell40,000$60.33$2,413,200.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
5/29/2014Jody Storm GaleSVPBuy1,000$42.36$42,360.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
3/11/2014Keith BairCFOSell1,592$54.80$87,241.60View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
3/4/2014Joseph ArezoneSVPSell2,557$57.06$145,902.42View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
1/2/2014Lynn BrubakerDirectorSell7,949$57.21$454,762.29View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
11/5/2013Keith BairCFOSell14,846$51.89$770,358.94View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
5/3/2013Keith S BairCFOBuy4,000$34.29$137,160.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Faro Technologies (NASDAQ:FARO)
DateHeadline
07/28/16 08:27 PMFARO Technologies Inc.: FARO Invites You to Join Its Second Quarter 2016 Earnings Conference Call
07/28/16 04:08 PMFARO Invites You to Join Its Second Quarter 2016 Earnings Conference Call - [at noodls] - LAKE MARY, Fla., July 28, 2016 /PRNewswire/ -- FARO (NASDAQ: FARO), the world's most trusted source for 3D measurement and imaging solutions for metrology, factory automation, product design, public safety, ...
07/26/16 10:52 AMETF’s with exposure to FARO Technologies, Inc. : July 26, 2016 -
07/18/16 04:06 PM3D Metrology Market - Global Forecast to 2022 - New Report Available
07/18/16 04:06 PM3D Metrology Market by Offering, Product, Application, End-User Industry and Geography - Global Forecast to 2022
07/18/16 09:07 AMArticulated Arm Machine Market Driven by Demand For Portable And Flexible Metrology Solutions – Credence Research
07/12/16 04:07 PM3D Scanner Market by Offering, Type, Range, Product, Application, Industry, and Geography - Global Forecast to 2022
07/12/16 04:07 PMGlobal 3D Cameras Market To Expand Swiftly Owing To Enhanced Visual Appeal of 3D Cameras
07/12/16 04:07 PMFARO Technologies Inc.: FARO® expands Metrology and Factory Automation offerings with Acquisition of BuildIT Software & Solutions Ltd.
07/12/16 03:07 PMFARO TECHNOLOGIES INC Files SEC form 8-K, Other Events, Financial Statements and Exhibits -
07/12/16 08:23 AMGlobal Metrology Software Market to Exceed US$ 652.1 Mn by 2023 – Credence Research
07/12/16 07:23 AMFARO® expands Metrology and Factory Automation offerings with Acquisition of BuildIT Software & Solutions Ltd. - [at noodls] - LAKE MARY, Fla., July 12, 2016 /PRNewswire/ -- FARO® (NASDAQ: FARO), the world's most trusted source for 3D measurement and imaging solutions for Metrology, Factory Automation, Product Design, Public Safety, ...
07/12/16 07:03 AM8:03 am FARO Techs to acquire BuildIT Software & Solutions, financial terms were not disclosed -
07/11/16 03:58 PMGlobal Metrology Services Market to Exceed US$ 985.0 Mn by 2023 – Credence Research
07/06/16 08:41 AM3D metrology market by offering expected to worth 10.90 billion USD by 2022 according to new research report
07/05/16 08:40 AM3D scanner market by offering expected to worth 5.90 billion USD by 2022 according to new research report
07/04/16 08:47 AM3D Scanner Market with Current Trends Analysis,2016-2026
07/01/16 09:00 PMArticulated Arms Market to rise by its increasing scope in semiconductor and mechatronics industries
07/01/16 06:00 AM3D Scanner Market to Hit 9.6% CAGR to 2022 Led by Portable CMM-based Products
07/01/16 06:00 AM3D Metrology Market Worth 10.90 Billion USD by 2022
07/01/16 06:00 AM3D Scanning Market Is Expected To Reach USD 4.90 Billion By 2020, Growing At A CAGR Of 13.3% From 2014 To 2020: Grand View Research, Inc.
07/01/16 06:00 AMLiDAR Market is Expected to Reach $921.2 Million by 2022
06/27/16 08:58 AMFARO Technologies, Inc. breached its 50 day moving average in a Bearish Manner : FARO-US : June 27, 2016 -
06/23/16 02:58 PMFARO Technologies : Combine Solicitation - H-- Calibration and Recertification of FARO Arms and Laser Line Probes.
06/20/16 03:50 PMGlobal 3D Scanning Market 2016 Share, Trend, Segmentation and Forecast to 2020
06/16/16 08:20 AM3D & 4D Technology Industry 2016: Market Trends, Analysis, Insights, Segments, Size, Companies Profiles, Research, Growth and Forecast to 2021
06/07/16 04:04 PMFARO Technologies : to present at Baird 2016 Global Consumer, Technology and Services Conference
06/07/16 04:04 PMFARO Releases High-Resolution 3D ScanArm
06/06/16 04:28 PMFARO to present at Baird 2016 Global Consumer, Technology and Services Conference - [at noodls] - LAKE MARY, Fla., June 6, 2016 /PRNewswire/ -- FARO Technologies, Inc. (Nasdaq: FARO), the world's most trusted source for 3D measurement, imaging and realization technology, announced today that Bob Seidel, ...
06/03/16 10:08 PMFARO Technologies Inc. (FARO) is Trading Higher on Unusual Volume for June 01
06/02/16 04:07 PMFARO Technologies Inc.: FARO to present at Stifel 2016 Technology, Internet & Media Conference - LAKE MARY, Fla., June 1, 2016 /PRNewswire/ -- FARO Technologies, Inc. (Nasdaq: FARO), the world's most trusted source for 3D measurement, imaging and realization technology, announced today that Bob Seidel, Vice President, Finance and Investor Relations ...
06/01/16 11:15 AMFARO to present at Stifel 2016 Technology, Internet & Media Conference - [at noodls] - LAKE MARY, Fla., June 1, 2016 /PRNewswire/ -- FARO Technologies, Inc. (Nasdaq: FARO), the world's most trusted source for 3D measurement, imaging and realization technology, announced today that Bob Seidel, ...
05/26/16 11:40 AMInsiders Are Gradually Buying FARO Technologies Inc. (NASDAQ:FARO) - Wall Street Hints and News - Insiders Are Gradually Buying FARO Technologies Inc. (NASDAQ:FARO)Wall Street Hints and NewsAccording to the latest SEC filings, insiders at FARO Technologies Inc. (NASDAQ:FARO) have increased their position in the stock by 18.06% over the past 6 months. Insiders now own 0.20% of total outstanding shares. There are both legal and illegal ...and more »
05/26/16 11:40 AMFARO Technologies : Announces the Release of PointSense & VirtuSurv 17.0 - Release date- 24052016 - Lake Mary, FL- FARO Technologies, Inc. (NASDAQ: FARO), the world's most trusted source for 3D measurement and imaging solutions for Metrology, Factory Automation, Product Design, Public Safety and BIM-CIM, announces the release of ...
05/25/16 12:53 PMEarnings Review and Stock Rundown for FARO Technologies, Inc. (NASDAQ:FARO) - Wall Street Hints and News - Earnings Review and Stock Rundown for FARO Technologies, Inc. (NASDAQ:FARO)Wall Street Hints and NewsInvestors and analysts will be paying close attention when the company posts earnings results. Earnings numbers can provide insight into a company's overall profitability. Covering equity analysts are expecting FARO Technologies, Inc. (NASDAQ:FARO) to ...and more »
05/25/16 12:53 PMLatest Analyst Ratings For FARO Technologies, Inc. (NASDAQ:FARO) - Share Trading News - Latest Analyst Ratings For FARO Technologies, Inc. (NASDAQ:FARO)Share Trading News05/11/2016 – FARO Technologies, Inc. had its “mkt perform” rating reiterated by analysts at FBR Capital Markets. They now have a USD 34 price target on the stock. 05/05/2016 – FARO Technologies, Inc. was upgraded to “buy” by analysts at Noble Financial.FARO Technologies, Inc. (NASDAQ:FARO) Closes At $33.36Markets DailyWere Analysts Bearish FARO Technologies, Inc. (NASDAQ:FARO) This Week?Wall Street Hints and NewsWhy FARO Technologies (FARO) Could Be Positioned For A Surge?Investing.comall 7 news articles »
05/25/16 12:53 PMFaro Technologies : Assigned Patent - ALEXANDRIA, Va., May 25-- Faro Technologies, Lake Mary, Florida, has been assigned a patent (9,347,767) developed by Robert E. Bridges, Kennett Square, Pennsylvania, for a "spherically mounted retroreflector and method to minimize measurement error."
05/24/16 01:17 PMFARO Technologies, Inc. (NASDAQ:FARO) One-Year Price Projection At $36.8 - RealistInvestor.com - FARO Technologies, Inc. (NASDAQ:FARO) One-Year Price Projection At $36.8RealistInvestor.comSell-side analysts are certain on the prospect of FARO Technologies, Inc. (NASDAQ:FARO) stock. As of 2016-05-21, the stock ABR stands at 2.29. This type of rating states that whenever a stock has a score of 5, investors should avoid investing in such ...and more »
05/24/16 01:17 PMStock Rating Review for FARO Technologies, Inc. (NASDAQ:FARO) - Wall Street Hints and News - Stock Rating Review for FARO Technologies, Inc. (NASDAQ:FARO)Wall Street Hints and NewsInvestors may choose to follow the views of professional Wall Street analysts that regularly track the company. Covering equity analysts presently have a consensus stock rating of 2.29 on shares of FARO Technologies, Inc. (NASDAQ:FARO). Covering ...and more »
05/24/16 01:17 PMFARO Announces the Release of PointSense & VirtuSurv 17.0 - Lake Mary, Fla., May 24, 2016 -- FARO® Technologies, Inc. (NASDAQ: FARO), the world's most trusted source for 3D measurement and imaging solutions for Metrology, Factory Automation, Product Design, Public Safety and BIM-CIM, announces the release of ...
05/24/16 01:17 PMFARO 3D Scanning Arm - FARO Technologies, Inc. has announced the launch of the FARO Design ScanArm, a portable 3D scanning solution tailored for 3D modeling, reverse engineering and CAD-based design applications across the product lifecycle management (PLM) process. As a limited ...
05/24/16 07:55 AMWhy FARO Technologies (FARO) Could Be Positioned for a Surge? -
05/20/16 01:04 PMFARO Technologies, Inc. (NASDAQ:FARO) Updated Broker Price Targets - Share Trading News - FARO Technologies, Inc. (NASDAQ:FARO) Updated Broker Price TargetsShare Trading NewsMarket analysts have recently updated their ratings and price targets on shares of FARO Technologies, Inc. (NASDAQ:FARO). The latest reports which are currently in issue on Friday 20th of May state 0 analysts have a rating of “strong buy”, 0 analysts ...and more »
05/19/16 12:39 PMFARO releases high-resolution 3D ScanArm for reverse engineering, CAD-based design applications - FARO Technologies, Inc. (NASDAQ: FARO) has launched the FARO Design ScanArm, a portable 3D scanning solution tailored for 3D modeling, reverse engineering, and CAD-based design applications across the product lifecycle management (PLM) process, the company ...
05/18/16 01:22 PMFARO TECHNOLOGIES INC : Submission of Matters to a Vote of Security Holders (form 8-K) - Item 5.07 Submission of Matters to a Vote of Security Holders. On May 13, 2016, the 2016 Annual Meeting of Shareholders of FARO Technologies, Inc. (the "Company") was held at the Company's headquarters in Lake Mary, Florida. The holders of the common stock ...
05/18/16 01:22 PMTestimony: El Faro Sent Old Storm Track Info Before Sinking - The freighter El Faro received a subscription weather service report that contained outdated tracking information the day before it sank during a hurricane. Officials for Applied Weather Technology Inc. testified Wednesday before the U.S. Coast Guard ...
05/17/16 03:08 PMFARO TECHNOLOGIES INC Files SEC form 8-K, Submission of Matters to a Vote of Security Holders -
05/17/16 01:37 PMFARO Technologies, Inc. (NASDAQ:FARO) One-Year Mean Price Target At $38 - RealistInvestor.com - FARO Technologies, Inc. (NASDAQ:FARO) One-Year Mean Price Target At $38RealistInvestor.comSell-side analysts are confident on the future outlook of FARO Technologies, Inc. (NASDAQ:FARO) stock. As of 2016-05-14, the stock has an ABR of 2.29 rating, where number 5 denotes a Strong Sell and 1 Strong Buy. The ABR is reached on the basis of ...and more »
05/17/16 01:37 PMFARO Technologies, Inc. (NASDAQ:FARO) Comprehensive Income At $-19.861 - Stocks Daily - FARO Technologies, Inc. (NASDAQ:FARO) Comprehensive Income At $-19.861Stocks DailyFor the year ended 2015-12-31, FARO Technologies, Inc. (NASDAQ:FARO)comprehensive income was $-19.861 millions whereas for the quarter ended 2015-12-31, it was $-19.861 millions. FARO Technologies, Inc. (NASDAQ:FARO) posted $12.813 ...Recently Changed Price Targets On FARO Technologies, Inc. (NASDAQ:FARO)Risers & FallersRevenue Update on FARO Technologies(NASDAQ:FARO)Trade Callsall 3 news articles »
05/16/16 05:45 PMETF’s with exposure to FARO Technologies, Inc. : May 16, 2016 -

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About Faro Technologies

Faro Technologies logoFARO Technologies, Inc. designs, develops, manufactures, markets and supports software driven, three-dimensional (3-D) measurement, imaging and realization systems. The Company operates in three segments: Americas, Europe/Africa and Asia-Pacific. The Company sells its products through a direct sales force across a number of customers in a range of manufacturing, industrial, architecture, surveying, building construction and law enforcement applications. Its FaroArm, FARO Laser ScanArm, FARO Gage, FARO Laser Tracker, FARO Cobalt Array 3D Imager AMP, and their companion CAM2 software provide for Computer-Aided Design (CAD)-based inspection and/or factory-level statistical process control and surveying. The Company's FARO Focus3D and FARO Freestyle3D laser scanners, and their companion SCENE, FARO public safety software and FARO 3D software, are utilized for a variety of 3D modeling, documentation and high-density surveying applications.

Industry, Sector and Symbol:
  • Sector: Computer and Technology
  • Industry: Scientific & Technical Instruments
  • Sub-Industry: Electronic Equipment & Instruments
  • Exchange: NASDAQ
  • Symbol: FARO
  • CUSIP: 31164210
Key Metrics:
  • Previous Close: $35.25
  • 50 Day Moving Average: $34.71
  • 200 Day Moving Average: $31.24
  • P/E Ratio: 39.61
  • P/E Growth: 1.92
  • Market Cap: $586.95M
  • Beta: 1.75
  • Current Year EPS Consensus Estimate: $1.3 EPS
  • Next Year EPS Consensus Estimate: $1.5 EPS
Additional Links:
Faro Technologies (NASDAQ:FARO) Chart for Friday, July, 29, 2016