NASDAQ:FARO FARO Technologies (FARO) Stock Price, News & Analysis $17.22 +0.13 (+0.76%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$17.00▼$17.4350-Day Range$15.90▼$19.1252-Week Range$12.34▼$24.80Volume80,585 shsAverage Volume182,530 shsMarket Capitalization$330.80 millionP/E RatioN/ADividend YieldN/APrice Target$26.50 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get FARO Technologies alerts: Email Address FARO Technologies MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside53.9% Upside$26.50 Price TargetShort InterestBearish9.11% of Shares Sold ShortDividend StrengthN/ASustainability-1.04Upright™ Environmental ScoreNews Sentiment0.19Based on 4 Articles This WeekInsider TradingSelling Shares$518,303 Sold Last QuarterProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.33 out of 5 starsComputer And Technology Sector279th out of 612 stocksMeasuring & Controlling Devices, Not Elsewhere Classified Industry5th out of 9 stocks 3.5 Analyst's Opinion Consensus RatingFARO 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 CoverageFARO Technologies has only been the subject of 1 research reports in the past 90 days.Read more about FARO Technologies' stock forecast and price target. Previous Next 1.0 Short Interest Percentage of Shares Shorted9.11% of the outstanding shares of FARO Technologies have been sold short.Short Interest Ratio / Days to CoverFARO Technologies has a short interest ratio ("days to cover") of 12.4, which indicates bearish sentiment.Change versus previous monthShort interest in FARO Technologies has recently decreased by 0.57%, indicating that investor sentiment is improving. Previous Next 0.0 Dividend Strength Dividend YieldFARO Technologies does not currently pay a dividend.Dividend GrowthFARO Technologies does not have a long track record of dividend growth. Previous Next 2.5 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreFARO Technologies has received a 15.10% net impact score from Upright. FARO Technologies seems to create the most significant positive value in categories "Taxes", "Jobs", and "Knowledge infrastructure". The positive contribution in the "Knowledge infrastructure" impact category is driven by its "3d graphics software" product. See details.Environmental SustainabilityThe Environmental Impact score for FARO Technologies is -1.04. Previous Next 2.3 News and Social Media Coverage News SentimentFARO Technologies has a news sentiment score of 0.19. 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 0.53 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 4 news articles for FARO Technologies this week, compared to 2 articles on an average week.MarketBeat Follows1 people have added FARO Technologies to their MarketBeat watchlist in the last 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn 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 $518,303.00 in company stock.Percentage Held by InsidersOnly 2.10% of the stock of FARO Technologies is held by insiders.Percentage Held by Institutions97.19% 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. Previous Next 0.0 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of FARO Technologies is -7.65, 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. SectorThe P/E ratio of FARO Technologies is -7.65, 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 RatioFARO Technologies has a P/B Ratio of 1.22. 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. Previous Next See Top Rated MarketRank™ Stocks Here Ad Crypto Swap Profits625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetched, but results like this are within reach with the right knowledge and timing in the altcoin market. Plus, you’ll get $10 in real Bitcoin when you stay to the end of the call and take a short quiz.>> Dive into the Workshop Here About FARO Technologies Stock (NASDAQ:FARO)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.Read More FARO Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart FARO Stock News HeadlinesJuly 26 at 8:00 AM | prnewswire.comFARO to Announce Financial Results for the Second Quarter 2024 on August 8, 2024July 25 at 7:21 PM | msn.comMyrtle Beach Police Department gets upgraded tech to help process crime scenesJuly 27, 2024 | Unstoppable Prosperity (Ad)“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.July 18, 2024 | americanbankingnews.comFARO Technologies, Inc. (NASDAQ:FARO) Sees Significant Increase in Short InterestJune 25, 2024 | investorplace.comYou've Been Warned! 3 3D Printing Stocks to Buy Now or Regret Forever.May 22, 2024 | globenewswire.comCMG Announces Appointment of Alex Davern to the Board of DirectorsMay 14, 2024 | finance.yahoo.comFARO Technologies, Inc. (FARO)May 9, 2024 | markets.businessinsider.comAnalysts Have Conflicting Sentiments on These Technology Companies: Markforged Holding (MKFG), Liveperson (LPSN) and Dave (DAVE)July 27, 2024 | Unstoppable Prosperity (Ad)“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.May 8, 2024 | msn.comCarbon offsetting not possible at Faro mine cleanup in Yukon, feds sayMay 6, 2024 | finance.yahoo.comFARO Technologies, Inc. (NASDAQ:FARO) Q1 2024 Earnings Call TranscriptMay 4, 2024 | finance.yahoo.comFARO Technologies, Inc. (NASDAQ:FARO) Analysts Are Pretty Bullish On The Stock After Recent ResultsMay 3, 2024 | washingtonpost.comAaon: Q1 Earnings SnapshotMay 3, 2024 | finance.yahoo.comFaro Technologies Inc (FARO) (Q1 2024) Earnings Call Transcript Highlights: Navigating ...May 3, 2024 | finance.yahoo.comFARO Technologies First Quarter 2024 Earnings: Beats ExpectationsMay 2, 2024 | msn.comAudit of contaminated sites finds support in N.W.T. and YukonMay 1, 2024 | sfgate.comFaro Technologies: Q1 Earnings SnapshotMay 1, 2024 | finance.yahoo.comFaro Technologies Inc (FARO) Q1 Earnings: Mixed Results Amidst Revenue Growth and Net Loss ...See More Headlines Receive FARO Stock News and Ratings via Email Sign-up to receive the latest news and ratings for FARO Technologies and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings5/01/2024Today7/27/2024Next Earnings (Estimated)8/07/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorComputer and Technology Industry Measuring & controlling devices, not elsewhere classified Sub-IndustryElectronic Equipment & Instruments Current SymbolNASDAQ:FARO CUSIP31164210 CIK917491 Webwww.faro.com Phone(407) 333-9911Fax407-333-4181Employees1,243Year Founded1981Price Target and Rating Average Stock Price Target$26.50 High Stock Price Target$27.00 Low Stock Price Target$26.00 Potential Upside/Downside+53.9%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)($2.25) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-56,580,000.00 Net Margins-11.92% Pretax Margin-11.45% Return on Equity-16.09% Return on Assets-8.60% Debt Debt-to-Equity Ratio0.28 Current Ratio2.35 Quick Ratio2.03 Sales & Book Value Annual Sales$358.83 million Price / Sales0.92 Cash FlowN/A Price / Cash FlowN/A Book Value$14.17 per share Price / Book1.22Miscellaneous Outstanding Shares19,210,000Free Float18,803,000Market Cap$330.80 million OptionableOptionable Beta1.25 Social Links 7 Stocks to Buy And Hold ForeverClick the link below and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising. Get This Free Report Key ExecutivesMr. Jeffrey D. Sexton (Age 62)Senior Vice President of Global Sales Comp: $294.77kMr. Peter James Lau (Age 44)CEO, President & Director Mr. Matthew HorwathSenior VP & CFOMr. Jason PollockChief Operating OfficerMr. Oliver Zweigle Ph.D.Senior VP of Engineering & CTOMr. Thomas O. McGimpsey J.D. (Age 62)Senior VP & General Counsel Ms. Melanie StagnittiVP & Chief Human Resources OfficerMs. Arianne BoyerVP & Chief Transformation OfficerMs. Shelley GretleinSenior Vice President of Building InsightsMr. Roger IsernChief Digital OfficerMore ExecutivesKey CompetitorsDaktronicsNASDAQ:DAKTMesa LaboratoriesNASDAQ:MLABVishay Precision GroupNYSE:VPGMTS SystemsNASDAQ:MTSCCubicNYSE:CUBView All CompetitorsInsiders & InstitutionsARK Investment Management LLCSold 12,726 shares on 7/26/2024Ownership: 1.156%Bank of New York Mellon CorpBought 4,174 shares on 7/26/2024Ownership: 0.397%Nisa Investment Advisors LLCSold 1,579 shares on 7/20/2024Ownership: 0.025%Assenagon Asset Management S.A.Bought 57,493 shares on 7/18/2024Ownership: 1.767%CWM LLCBought 1,828 shares on 7/10/2024Ownership: 0.012%View All Insider TransactionsView All Institutional Transactions FARO Stock Analysis - Frequently Asked Questions How have FARO shares performed this year? FARO Technologies' stock was trading at $22.53 on January 1st, 2024. Since then, FARO shares have decreased by 23.6% and is now trading at $17.22. View the best growth stocks for 2024 here. How were FARO Technologies' earnings last quarter? FARO Technologies, Inc. (NASDAQ:FARO) posted its earnings results on Wednesday, May, 1st. The scientific and technical instruments company reported ($0.38) earnings per share for the quarter, missing the consensus estimate of ($0.27) by $0.11. The scientific and technical instruments company had revenue of $84.24 million for the quarter. FARO Technologies had a negative net margin of 11.92% and a negative trailing twelve-month return on equity of 16.09%. What is Michael D. Burger's approval rating as FARO Technologies' CEO? 29 employees have rated FARO Technologies Chief Executive Officer Michael D. Burger on Glassdoor.com. Michael D. Burger has an approval rating of 35% among the company's employees. This puts Michael D. Burger in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies. Does FARO Technologies have any subsidiaries? The following companies are subsidiaries of FARO Technologies: SiteScape, GeoSLAM, HoloBuilder, ATS, Dustin Forensics, Opto-Tech Srl, Open Technologies SRL, and others. Who are FARO Technologies' major shareholders? FARO Technologies' top institutional shareholders include Assenagon Asset Management S.A. (1.77%), ARK Investment Management LLC (1.16%), Bank of New York Mellon Corp (0.40%) and Nisa Investment Advisors LLC (0.03%). Insiders that own company stock include Matthew Horwath and Jeffrey D Sexton. View institutional ownership trends. How do I buy shares of FARO Technologies? 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. Compare Top Brokerages Here. What other stocks do shareholders of FARO Technologies own? Based on aggregate information from My MarketBeat watchlists, some other companies that FARO Technologies investors own include NVIDIA (NVDA), Marvell Technology (MRVL), Baidu (BIDU), Onsemi (ON), Ambarella (AMBA), Inseego (INSG) and Niu Technologies (NIU). This page (NASDAQ:FARO) was last updated on 7/27/2024 by MarketBeat.com Staff From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. 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