NASDAQ:FARO

FARO Technologies (FARO) Stock Price, News & Analysis

FARO Technologies logo
$28.44 -0.89 (-3.03%)
Closing price 02/14/2025 04:00 PM Eastern
Extended Trading
$28.22 -0.23 (-0.79%)
As of 02/14/2025 07:54 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

About FARO Technologies Stock (NASDAQ:FARO)

Key Stats

Today's Range
$28.39
$29.38
50-Day Range
$24.56
$32.31
52-Week Range
$13.52
$32.90
Volume
93,059 shs
Average Volume
255,585 shs
Market Capitalization
$538.08 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$33.50
Consensus Rating
Buy

Company Overview

FARO Technologies, Inc. designs, develops, manufactures, markets, and supports software driven three-dimensional measurement, imaging, and realization solutions worldwide. The company offers FaroArm, a combination of a portable articulated measurement arm, a computer, and CAM2 software programs; FARO Laser Tracker, a combination of a portable large-volume laser measurement tool, a computer, and CAM2 software programs; FARO Laser Projector, which provides a virtual template that operators and assemblers can use to position components; FARO Laser Scanning Portfolio to measure and collect a cloud of data points for 3D rendering of an object or area; and FARO Mobile Laser Portfolio provides 3D scanning while attached to other mobile devices, such as drones for metrology, reverse engineering, factory automation, building information modeling, public safety, and other applications. It also provides FARO Software, a software solution that integrate with FARO hardware products to merge data and provide collaborative workflows and applications. It sells its products to automotive, aerospace, and metal and machine fabrication industries. FARO Technologies, Inc. was founded in 1981 and is headquartered in Lake Mary, Florida.

FARO Technologies Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
60th Percentile Overall Score

FARO MarketRank™: 

FARO Technologies scored higher than 60% of companies evaluated by MarketBeat, and ranked 366th out of 657 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    FARO Technologies has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    FARO Technologies has only been the subject of 2 research reports in the past 90 days.

  • Read more about FARO Technologies' stock forecast and price target.
  • Price to Earnings Ratio vs. the Market

    The P/E ratio of FARO Technologies is -81.25, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of FARO Technologies is -81.25, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Book Value per Share Ratio

    FARO Technologies has a P/B Ratio of 2.01. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about FARO Technologies' valuation and earnings.
  • Percentage of Shares Shorted

    5.11% of the outstanding shares of FARO Technologies have been sold short.
  • Short Interest Ratio / Days to Cover

    FARO Technologies has a short interest ratio ("days to cover") of 4.5.
  • Change versus previous month

    Short interest in FARO Technologies has recently increased by 7.88%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    FARO Technologies does not currently pay a dividend.

  • Dividend Growth

    FARO Technologies does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    5.11% of the outstanding shares of FARO Technologies have been sold short.
  • Short Interest Ratio / Days to Cover

    FARO Technologies has a short interest ratio ("days to cover") of 4.5.
  • Change versus previous month

    Short interest in FARO Technologies has recently increased by 7.88%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    FARO Technologies has a news sentiment score of 0.08. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.50 average news sentiment score of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 5 news articles for FARO Technologies this week, compared to 3 articles on an average week.
  • Search Interest

    8 people have searched for FARO on MarketBeat in the last 30 days. This is an increase of 167% compared to the previous 30 days.
  • MarketBeat Follows

    4 people have added FARO Technologies to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, FARO Technologies insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $177,378.00 in company stock.

  • Percentage Held by Insiders

    Only 2.10% of the stock of FARO Technologies is held by insiders.

  • Percentage Held by Institutions

    97.19% of the stock of FARO Technologies is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about FARO Technologies' insider trading history.
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FARO Stock News Headlines

We recommended Palantir in 2021, now we’re recommending this...
I believe it could offer you a MAJOR boost to your retirement. And it pays huge dividends to give you a nice stream of income along the way.
Craig-Hallum Sticks to Their Buy Rating for Faro Technologies (FARO)
See More Headlines

FARO Stock Analysis - Frequently Asked Questions

FARO Technologies' stock was trading at $25.36 on January 1st, 2025. Since then, FARO stock has increased by 12.1% and is now trading at $28.44.
View the best growth stocks for 2025 here
.

FARO Technologies, Inc. (NASDAQ:FARO) posted its quarterly earnings data on Wednesday, May, 1st. The scientific and technical instruments company reported ($0.38) EPS for the quarter, missing analysts' consensus estimates of ($0.27) by $0.11. The scientific and technical instruments company earned $84.24 million during the quarter. FARO Technologies had a negative net margin of 1.87% and a negative trailing twelve-month return on equity of 2.49%.

FARO Technologies subsidiaries include these companies: SiteScape, GeoSLAM, HoloBuilder, ATS, Dustin Forensics, Opto-Tech Srl, Open Technologies SRL, and more.

Top institutional investors of FARO Technologies include Vanguard Group Inc. (8.89%), Divisar Capital Management LLC (7.29%), Royce & Associates LP (7.09%) and Needham Investment Management LLC (5.44%). Insiders that own company stock include Peter James Lau, Matthew Horwath and Jeffrey D Sexton.
View institutional ownership trends
.

Shares of FARO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that FARO Technologies investors own include NVIDIA (NVDA), Tesla (TSLA), Globant (GLOB), Advanced Micro Devices (AMD), Meta Platforms (META), Intel (INTC) and Enovix (ENVX).

Company Calendar

Last Earnings
5/01/2024
Today
2/17/2025
Next Earnings (Estimated)
4/29/2025
Fiscal Year End
12/31/2025

Industry, Sector and Symbol

Industry
Measuring & controlling devices, not elsewhere classified
Sub-Industry
Electronic Equipment & Instruments
Current Symbol
NASDAQ:FARO
CUSIP
31164210
Employees
1,243
Year Founded
1981

Price Target and Rating

Average Stock Price Target
$33.50
High Stock Price Target
$34.00
Low Stock Price Target
$33.00
Potential Upside/Downside
+17.8%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$-56,580,000.00
Pretax Margin
-1.42%

Debt

Sales & Book Value

Annual Sales
$358.83 million
Book Value
$14.17 per share

Miscellaneous

Free Float
18,520,000
Market Cap
$538.08 million
Optionable
Optionable
Beta
1.40

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This page (NASDAQ:FARO) was last updated on 2/17/2025 by MarketBeat.com Staff
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