Faro Technologies Company Profile (NASDAQ:FARO)

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: $34.06
  • 50 Day Moving Average: $33.76
  • 200 Day Moving Average: $32.49
  • Trailing P/E Ratio: 39.84
  • Foreward P/E Ratio: 24.86
  • P/E Growth: 2.11
  • Market Cap: $567.92M
  • Outstanding Shares: 16,674,000
  • Beta: 1.73
Additional Links:
Companies Related to Faro Technologies:

Analyst Ratings

Consensus Ratings for Faro Technologies (NASDAQ:FARO) (?)
Ratings Breakdown: 4 Hold Ratings, 4 Buy Ratings
Consensus Rating:Buy (Score: 2.50)
Consensus Price Target: $37.00 (8.63% upside)

Analysts' Ratings History for Faro Technologies (NASDAQ:FARO)
Show:
DateFirmActionRatingPrice TargetDetails
8/4/2016Needham & Company LLCLower Price TargetBuy$39.00 -> $36.00View Rating Details
8/4/2016Canaccord GenuityReiterated RatingBuy$38.00View Rating Details
5/11/2016FBR & CoReiterated RatingMarket Perform$34.00View Rating Details
5/5/2016Noble FinancialUpgradeHold -> Buy$41.00View Rating Details
3/2/2016Sterne Agee CRTBoost Price Target$30.00 -> $33.00View Rating Details
1/21/2016StephensUpgradeEqual Weight -> OverweightView Rating Details
11/4/2015Oppenheimer Holdings Inc.DowngradeOutperform -> Market PerformView Rating Details
10/5/2015Robert W. BairdLower Price TargetNeutral$48.00 -> $40.00View Rating Details
4/21/2015GabelliUpgradeHold -> BuyView Rating Details
(Data available from 8/30/2014 forward)

Earnings

Earnings History for Faro Technologies (NASDAQ:FARO)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/1/2016        
8/2/2016Q216$0.28$0.20$84.38 million$78.50 millionViewN/AView Earnings Details
5/3/2016Q116$0.04$0.19$71.74 million$75.70 millionViewListenView Earnings Details
2/24/2016Q415$0.32$0.60$89.55 million$91.30 millionViewListenView Earnings Details
11/3/2015Q315$0.29$0.38$84.10 million$72.51 millionViewListenView Earnings Details
7/29/2015Q2$0.23$0.24$79.69 million$83.80 millionViewListenView Earnings Details
4/28/2015Q115$0.12$0.04$72.63 million$69.90 millionViewListenView Earnings Details
2/25/2015Q414$0.62$0.64$100.80 million$104.20 millionViewListenView Earnings Details
10/28/2014Q314$0.34$0.38$79.90 million$82.20 millionViewListenView Earnings Details
7/29/2014Q214$0.34$0.36$77.55 million$82.10 millionViewListenView Earnings Details
4/29/2014Q114$0.28$0.29$74.24 million$73.40 millionViewListenView Earnings Details
2/26/2014Q413$0.50$0.48$82.45 million$89.90 millionViewListenView Earnings Details
10/31/2013Q313$0.21$0.29$66.27 million$68.20 millionViewListenView Earnings Details
7/30/2013Q2 2013$0.29$0.21$70.56 million$68.30 millionViewN/AView Earnings Details
5/1/2013Q113$0.30$0.27$67.61 million$65.40 millionViewListenView Earnings Details
2/27/2013Q4 2012$0.31$0.46$68.01 million$80.67 millionViewListenView Earnings Details
10/31/2012Q312$0.35$0.21$68.05 million$60.70 millionViewN/AView Earnings Details
7/31/2012$0.46$0.28ViewN/AView Earnings Details
5/1/2012$0.31$0.39ViewN/AView Earnings Details
2/28/2012$0.51$0.56ViewN/AView Earnings Details
11/2/2011$0.30$0.38ViewN/AView Earnings Details
8/3/2011$0.31$0.25ViewN/AView Earnings Details
5/5/2011$0.21$0.20ViewN/AView Earnings Details
2/23/2011$0.26$0.29ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Faro Technologies (NASDAQ:FARO)
Current Year EPS Consensus Estimate: $1.1 EPS
Next Year EPS Consensus Estimate: $1.37 EPS
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 TransactionDetails
5/6/2016Stephen ColeDirectorBuy5,000$33.80$169,000.00View SEC Filing  
11/6/2015Marvin R SamburDirectorBuy2,200$24.96$54,912.00View SEC Filing  
5/4/2015Stephen ColeDirectorBuy2,000$40.50$81,000.00View SEC Filing  
2/26/2015Jay FreelandCEOSell40,000$60.33$2,413,200.00View SEC Filing  
5/29/2014Jody Storm GaleSVPBuy1,000$42.36$42,360.00View SEC Filing  
3/11/2014Keith BairCFOSell1,592$54.80$87,241.60View SEC Filing  
3/4/2014Joseph ArezoneSVPSell2,557$57.06$145,902.42View SEC Filing  
1/2/2014Lynn BrubakerDirectorSell7,949$57.21$454,762.29View SEC Filing  
11/5/2013Keith BairCFOSell14,846$51.89$770,358.94View SEC Filing  
5/3/2013Keith S BairCFOBuy4,000$34.29$137,160.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Faro Technologies (NASDAQ:FARO)
DateHeadline
4-traders.com logoFARO Technologies : 3D tech firm Faro acquires N.H. company (NASDAQ:FARO)
www.4-traders.com - August 29 at 4:53 PM
News IconIMTS - FARO® continues expansion of factory metrology offerings with acquisition of Laser Projection Technologies, Inc. (NASDAQ:FARO)
www.manufacturingtomorrow.com - August 29 at 9:35 AM
bizjournals.com logoFARO® continues expansion of factory metrology offerings with acquisition of Laser Projection Technologies, Inc. (NASDAQ:FARO)
www.bizjournals.com - August 29 at 9:35 AM
News IconGlobal Structured Light 3D Scanner Sales Market Report 2021 is released (NASDAQ:FARO)
www.idatainsights.com - August 28 at 9:28 AM
4-traders.com logoFARO Technologies : $139,897 Federal Contract Awarded to Faro Technologies (NASDAQ:FARO)
www.4-traders.com - August 28 at 9:28 AM
capitalcube.com logoETF’s with exposure to FARO Technologies, Inc. : August 25, 2016 (NASDAQ:FARO)
www.capitalcube.com - August 25 at 4:58 PM
4-traders.com logoFARO Technologies : CONTRACT AWARD - FARO Laser Tracker - Vantage & 10m Cable (NASDAQ:FARO)
www.4-traders.com - August 25 at 9:57 AM
finance.yahoo.com logoWeakness Seen in FARO Technologies (FARO) Estimates: Should You Stay Away? (NASDAQ:FARO)
finance.yahoo.com - August 25 at 9:57 AM
News IconWorld 3D Camera Market Size, Growth, Trends, Key Players, Competitive Strategies and Forecast 2021 – By Acute Market Reports (NASDAQ:FARO)
www.abnewswire.com - August 20 at 9:10 AM
News IconBuildIT Acquired by Faro (NASDAQ:FARO)
www.photonics.com - August 12 at 10:05 PM
finance.yahoo.com logoFARO TECHNOLOGIES INC Financials (NASDAQ:FARO)
finance.yahoo.com - August 10 at 5:12 PM
4-traders.com logoFARO Technologies : Releases High-Resolution ScanArm for Forensic Anthropology and Crime Lab Applications (NASDAQ:FARO)
www.4-traders.com - August 9 at 3:40 PM
capitalcube.com logoETF’s with exposure to FARO Technologies, Inc. : August 9, 2016 (NASDAQ:FARO)
www.capitalcube.com - August 9 at 3:40 PM
publicnow.com logoFARO Releases High-Resolution ScanArm for Forensic Anthropology and Crime Lab Applications (NASDAQ:FARO)
www.publicnow.com - August 8 at 5:04 PM
equities.com logoFARO Technologies Inc. (FARO) is Trading Higher on Unusual Volume for August 04 (NASDAQ:FARO)
www.equities.com - August 6 at 5:16 PM
finance.yahoo.com logoFARO to Present at Canaccord Genuity 36th Annual Growth Conference (NASDAQ:FARO)
finance.yahoo.com - August 5 at 5:01 PM
equities.com logoFARO Technologies Inc. (FARO) Drops 5.95% on August 03 (NASDAQ:FARO)
www.equities.com - August 4 at 10:44 PM
capitalcube.com logoFARO Technologies, Inc. :FARO-US: Earnings Analysis: Q2, 2016 By the Numbers : August 4, 2016 (NASDAQ:FARO)
www.capitalcube.com - August 4 at 5:16 PM
finance.yahoo.com logoEdited Transcript of FARO earnings conference call or presentation 3-Aug-16 12:30pm GMT (NASDAQ:FARO)
finance.yahoo.com - August 3 at 10:39 PM
twst.com logoFARO Technologies Inc.: FARO Reports Second Quarter 2016 Financial Results (NASDAQ:FARO)
www.twst.com - August 3 at 5:58 AM
sg.finance.yahoo.com logoFaro Technologies misses Street 2Q forecasts (NASDAQ:FARO)
sg.finance.yahoo.com - August 2 at 10:34 PM
biz.yahoo.com logoFARO TECHNOLOGIES INC Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exh (NASDAQ:FARO)
biz.yahoo.com - August 2 at 5:11 PM
publicnow.com logoFARO Reports Second Quarter 2016 Financial Results (NASDAQ:FARO)
www.publicnow.com - August 2 at 5:11 PM
biz.yahoo.com logoQ2 2016 FARO Technologies Inc Earnings Release - After Market Close (NASDAQ:FARO)
biz.yahoo.com - August 2 at 9:46 AM
capitalcube.com logoFARO Technologies, Inc. breached its 50 day moving average in a Bearish Manner : FARO-US : August 1, 2016 (NASDAQ:FARO)
www.capitalcube.com - August 1 at 4:51 PM
twst.com logoFARO Technologies Inc.: FARO Invites You to Join Its Second Quarter 2016 Earnings Conference Call (NASDAQ:FARO)
www.twst.com - July 28 at 9:27 PM
publicnow.com logoFARO Invites You to Join Its Second Quarter 2016 Earnings Conference Call (NASDAQ:FARO)
www.publicnow.com - July 28 at 5:08 PM
capitalcube.com logoETF’s with exposure to FARO Technologies, Inc. : July 26, 2016 (NASDAQ:FARO)
www.capitalcube.com - July 26 at 11:52 AM
sbwire.com logo3D Metrology Market - Global Forecast to 2022 - New Report Available (NASDAQ:FARO)
www.sbwire.com - July 18 at 5:06 PM
finance.yahoo.com logo3D Metrology Market by Offering, Product, Application, End-User Industry and Geography - Global Forecast to 2022 (NASDAQ:FARO)
finance.yahoo.com - July 18 at 5:06 PM
News IconArticulated Arm Machine Market Driven by Demand For Portable And Flexible Metrology Solutions – Credence Research (NASDAQ:FARO)
www.mobilecomputingtoday.co.uk - July 18 at 10:07 AM
bizjournals.com logo3D Scanner Market by Offering, Type, Range, Product, Application, Industry, and Geography - Global Forecast to 2022 (NASDAQ:FARO)
www.bizjournals.com - July 12 at 5:07 PM
newsmaker.com.au logoGlobal 3D Cameras Market To Expand Swiftly Owing To Enhanced Visual Appeal of 3D Cameras (NASDAQ:FARO)
www.newsmaker.com.au - July 12 at 5:07 PM
twst.com logoFARO Technologies Inc.: FARO® expands Metrology and Factory Automation offerings with Acquisition of BuildIT Software & Solutions Ltd. (NASDAQ:FARO)
www.twst.com - July 12 at 5:07 PM
biz.yahoo.com logoFARO TECHNOLOGIES INC Files SEC form 8-K, Other Events, Financial Statements and Exhibits (NASDAQ:FARO)
biz.yahoo.com - July 12 at 4:07 PM
News IconGlobal Metrology Software Market to Exceed US$ 652.1 Mn by 2023 – Credence Research (NASDAQ:FARO)
www.mobilecomputingtoday.co.uk - July 12 at 9:23 AM
publicnow.com logoFARO® expands Metrology and Factory Automation offerings with Acquisition of BuildIT Software & Solutions Ltd. (NASDAQ:FARO)
www.publicnow.com - July 12 at 8:23 AM
finance.yahoo.com logo8:03 am FARO Techs to acquire BuildIT Software & Solutions, financial terms were not disclosed (NASDAQ:FARO)
finance.yahoo.com - July 12 at 8:03 AM
News IconGlobal Metrology Services Market to Exceed US$ 985.0 Mn by 2023 – Credence Research (NASDAQ:FARO)
www.mobilecomputingtoday.co.uk - July 11 at 4:58 PM
News Icon3D metrology market by offering expected to worth 10.90 billion USD by 2022 according to new research report (NASDAQ:FARO)
www.whatech.com - July 6 at 9:41 AM
News Icon3D scanner market by offering expected to worth 5.90 billion USD by 2022 according to new research report (NASDAQ:FARO)
www.whatech.com - July 5 at 9:40 AM
openpr.com logo3D Scanner Market with Current Trends Analysis,2016-2026 (NASDAQ:FARO)
www.openpr.com - July 4 at 9:47 AM
openpr.com logoArticulated Arms Market to rise by its increasing scope in semiconductor and mechatronics industries (NASDAQ:FARO)
www.openpr.com - July 1 at 10:00 PM
finance.yahoo.com logo3D Scanner Market to Hit 9.6% CAGR to 2022 Led by Portable CMM-based Products (NASDAQ:FARO)
finance.yahoo.com - July 1 at 7:00 AM
marketwatch.com logo3D Metrology Market Worth 10.90 Billion USD by 2022 (NASDAQ:FARO)
www.marketwatch.com - July 1 at 7:00 AM
tmcnet.com logo3D 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. (NASDAQ:FARO)
www.tmcnet.com - July 1 at 7:00 AM
News IconLiDAR Market is Expected to Reach $921.2 Million by 2022 (NASDAQ:FARO)
www.prnewswire.co.uk - July 1 at 7:00 AM
capitalcube.com logoFARO Technologies, Inc. breached its 50 day moving average in a Bearish Manner : FARO-US : June 27, 2016 (NASDAQ:FARO)
www.capitalcube.com - June 27 at 9:58 AM
4-traders.com logoFARO Technologies : Combine Solicitation - H-- Calibration and Recertification of FARO Arms and Laser Line Probes. (NASDAQ:FARO)
www.4-traders.com - June 23 at 3:58 PM
einnews.com logoGlobal 3D Scanning Market 2016 Share, Trend, Segmentation and Forecast to 2020 (NASDAQ:FARO)
www.einnews.com - June 20 at 4:50 PM

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Faro Technologies (NASDAQ:FARO) Chart for Tuesday, August, 30, 2016


Last Updated on 8/30/2016 by MarketBeat.com Staff