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: $35.90
  • 50 Day Moving Average: $37.60
  • 200 Day Moving Average: $35.56
  • 52-Week Range: $27.87 - $40.15
  • Trailing P/E Ratio: 36.56
  • Foreward P/E Ratio: 25.10
  • P/E Growth: 2.49
  • Market Cap: $598.60M
  • Outstanding Shares: 16,674,000
  • Beta: 1.43
Profitability:
  • Net Margins: 5.06%
  • Return on Equity: 5.45%
  • Return on Assets: 4.39%
Debt:
  • Current Ratio: 4.48%
  • Quick Ratio: 3.64%
Additional Links:
Companies Related to FARO Technologies:

Analyst Ratings

Consensus Ratings for FARO Technologies (NASDAQ:FARO) (?)
Ratings Breakdown: 1 Hold Rating, 3 Buy Ratings
Consensus Rating:Buy (Score: 2.75)
Consensus Price Target: $36.80 (2.51% upside)

Analysts' Ratings History for FARO Technologies (NASDAQ:FARO)
Show:
DateFirmActionRatingPrice TargetDetails
2/24/2017Needham & Company LLCBoost Price TargetBuy -> Buy$35.00 -> $38.00View 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 2/24/2015 forward)

Earnings

Earnings History for FARO Technologies (NASDAQ:FARO)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/1/2017        
2/22/2017Q416$0.35$0.21$93.76 million$91.70 millionViewListenView Earnings Details
11/1/2016Q316$0.20$0.07$77.82 million$79.60 millionViewListenView Earnings Details
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: $0.79 EPS
Next Year EPS Consensus Estimate: $1.43 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q2 20161$0.24$0.24$0.24
Q3 20161$0.23$0.23$0.23
Q4 20162$0.23$0.54$0.39
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)
Insider Ownership Percentage: 1.80%
Institutional Ownership Percentage: 91.28%
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
finance.yahoo.com logoEdited Transcript of FARO earnings conference call or presentation 23-Feb-17 1:30pm GMT (NASDAQ:FARO)
finance.yahoo.com - February 23 at 10:10 PM
biz.yahoo.com logoFARO Technologies Inc Earnings Call scheduled for 8:30 am ET today (NASDAQ:FARO)
biz.yahoo.com - February 23 at 5:09 PM
reuters.com logoBRIEF-FARO Technologies reports Q4 earnings per share $0.21 (NASDAQ:FARO)
www.reuters.com - February 22 at 10:24 PM
us.rd.yahoo.com logoFARO Reports Fourth Quarter and Fiscal Year 2016 Financial Results (NASDAQ:FARO)
us.rd.yahoo.com - February 22 at 5:23 PM
biz.yahoo.com logoFARO TECHNOLOGIES INC Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exh (NASDAQ:FARO)
us.rd.yahoo.com - February 22 at 5:23 PM
sg.finance.yahoo.com logoFaro Technologies misses Street 4Q forecasts (NASDAQ:FARO)
sg.finance.yahoo.com - February 22 at 5:23 PM
openpr.com logo3D Scanning Market is expected to garner $5.7 billion, Globally, by 2021 (NASDAQ:FARO)
www.openpr.com - February 20 at 11:16 AM
sbwire.com logoArticulated Arm Services Market - Arms Are Gaining Popularity in Co-Ordinate Measuring Machine (CMM) (NASDAQ:FARO)
www.sbwire.com - February 18 at 4:48 PM
einnews.com logo3D Scanner Market Opportunities by Key Players, Regional Segmentation and Forecasts, 2017 - 2022 (NASDAQ:FARO)
www.einnews.com - February 18 at 10:37 AM
News IconArticulated Arm Machine Market Share, Trends, Global Price, Company Profiles, Demand, Insights 2016 – 2023 – Credence Research (NASDAQ:FARO)
www.flicksandbits.com - February 18 at 10:37 AM
News IconWorld 3D Camera Market Analysis, Share, Trends and Forecast by 2021 – Orbis Research (NASDAQ:FARO)
www.abnewswire.com - February 18 at 10:37 AM
News IconPolish riding crew on El Faro may not have received consistent safety training (NASDAQ:FARO)
www.wokv.com - February 16 at 5:06 PM
capitalcube.com logoFARO Technologies, Inc. breached its 50 day moving average in a Bullish Manner : FARO-US : February 15, 2017 (NASDAQ:FARO)
www.capitalcube.com - February 16 at 5:06 PM
finance.yahoo.com logoFARO Invites You to Join Its Fourth Quarter and Fiscal 2016 Earnings Conference Call (NASDAQ:FARO)
finance.yahoo.com - February 16 at 5:06 PM
sbwire.com logo3D Metrology System Market - Global Industry Analysis, Share, Growth, Trends, Forecast Up to 2024 (NASDAQ:FARO)
www.sbwire.com - February 13 at 5:58 PM
News Icon3D Laser Scanners Market Size, Analysis, Trends, Report, Share, Investment Opportunities and Forecast To 2022 (NASDAQ:FARO)
www.abnewswire.com - February 13 at 5:58 PM
News IconBuildIT Releases Latest Version of 3D Metrology Software - BuildIT 2017 (NASDAQ:FARO)
www.manufacturingtomorrow.com - February 9 at 10:48 PM
News Icon3D Scanner Market Share, Analysis and Segments 2016-2026 (NASDAQ:FARO)
reports.pr-inside.com - February 9 at 3:39 AM
newsmaker.com.au logo3D Scanner Market Trends, Business Strategies and Opportunities 2025 |The Insight Partners (NASDAQ:FARO)
www.newsmaker.com.au - February 7 at 3:14 AM
capitalcube.com logoETFs with exposure to FARO Technologies, Inc. : February 3, 2017 (NASDAQ:FARO)
www.capitalcube.com - February 3 at 5:31 PM
capitalcube.com logoFARO Technologies, Inc. breached its 50 day moving average in a Bullish Manner : FARO-US : February 2, 2017 (NASDAQ:FARO)
www.capitalcube.com - February 2 at 5:39 PM
News IconGreyhound Bus may be in downtown Port Arthur again (NASDAQ:FARO)
www.panews.com - January 31 at 4:21 AM
News Icon3D Scanner Global Market by Service & Data Validation, Analysis and Forecast 2022 (NASDAQ:FARO)
empowerednews.net - January 28 at 4:50 AM
einnews.com logoGlobal 3D Scanner Market is Expected to Reach $8.14 Billion by 2022 Growing at a CAGR of 10.1% (NASDAQ:FARO)
www.einnews.com - January 26 at 6:34 PM
News Icon3D Scanner Market by Service & Data Validation, Analysis and Forecast 2022 (NASDAQ:FARO)
www.emailwire.com - January 25 at 6:29 PM
sbwire.com logoWorldwide 3D Camera Market Is Expected to Witness a Steady Growth by 2021 (NASDAQ:FARO)
www.sbwire.com - January 24 at 5:46 PM
4-traders.com logoFARO Technologies : New FARO® Vantage Laser Tracker Product Line Sets a New Standard for Portability, Mobile Device Control, Ruggedness, and Value (NASDAQ:FARO)
www.4-traders.com - January 24 at 5:46 PM
finance.yahoo.com logoNew FARO® Vantage Laser Tracker Product Line Sets a New Standard for Portability, Mobile Device Control, Ruggedness, and Value (NASDAQ:FARO)
finance.yahoo.com - January 24 at 5:46 PM
4-traders.com logoFARO Technologies : Promotes Robert E. Seidel to Chief Financial Officer (NASDAQ:FARO)
www.4-traders.com - January 20 at 6:23 PM
capitalcube.com logoFARO Technologies, Inc. – Value Analysis (NASDAQ:FARO) : January 20, 2017 (NASDAQ:FARO)
www.capitalcube.com - January 20 at 6:23 PM
News IconFARO FocusM 70 Laser Scanner meets IP54 standards. (NASDAQ:FARO)
news.thomasnet.com - January 19 at 11:49 PM
capitalcube.com logoFARO Technologies, Inc. breached its 50 day moving average in a Bullish Manner : FARO-US : January 19, 2017 (NASDAQ:FARO)
www.capitalcube.com - January 19 at 6:48 PM
4-traders.com logoFARO Technologies : The new FARO® Focus (NASDAQ:FARO)
www.4-traders.com - January 16 at 5:11 PM
finance.yahoo.com logoFARO Names Katrona Tyrrell Chief People Officer (NASDAQ:FARO)
finance.yahoo.com - January 16 at 9:43 AM
finance.yahoo.com logoThe new FARO® Focus M 70 Laser Scanner Sets a New Entry Price/Performance Standard for Professional Users in Construction and Public Safety (NASDAQ:FARO)
finance.yahoo.com - January 16 at 9:43 AM
News IconGlobal Metrology Software Market to Exceed US$ 652.1 Mn by 2023 – Credence Research (NASDAQ:FARO)
reports.pr-inside.com - January 10 at 11:06 PM
openpr.com logo3D Scanner Market, 2016-2026 by Segmentation Based on Product, Application and Region (NASDAQ:FARO)
www.openpr.com - January 9 at 5:58 PM
News IconLiDAR Market by Product Component Application & Geography – Global Forecast to 2020 (NASDAQ:FARO)
reports.pr-inside.com - January 9 at 3:29 AM
capitalcube.com logoETFs with exposure to FARO Technologies, Inc. : January 3, 2017 (NASDAQ:FARO)
www.capitalcube.com - January 3 at 7:19 PM
4-traders.com logoFARO Technologies : U.S. Patents Awarded to Inventors in Pennsylvania (Dec. 29) (NASDAQ:FARO)
www.4-traders.com - December 29 at 5:17 PM
News IconResearch focused on the professional 3D camera market technology and research focuses Asia-Pacific forecast till 2020 (NASDAQ:FARO)
www.whatech.com - December 21 at 11:00 PM
biz.yahoo.com logoFARO TECHNOLOGIES INC Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and Exhibit (NASDAQ:FARO)
biz.yahoo.com - December 21 at 5:58 PM
us.rd.yahoo.com logo8:31 am FARO Techs promotes Robert E. Seidel to CFO (NASDAQ:FARO)
us.rd.yahoo.com - December 16 at 10:39 PM
streetinsider.com logoFaro Technologies (FARO) Promotes Robert Seidel to CFO (NASDAQ:FARO)
www.streetinsider.com - December 16 at 5:39 PM
4-traders.com logoFARO Technologies : Acquires mwf-technology (NASDAQ:FARO)
www.4-traders.com - December 16 at 5:39 PM
publicnow.com logoFARO Promotes Robert E. Seidel to Chief Financial Officer (NASDAQ:FARO)
www.publicnow.com - December 16 at 5:39 PM
News Icon3D scanner Global market forecasts from 2016 to 2022 scrutinized in new research (NASDAQ:FARO)
www.whatech.com - December 14 at 9:10 PM
4-traders.com logoFARO Technologies : Special Notice - FARO Edge Arm Renewals and Warranty (NASDAQ:FARO)
www.4-traders.com - December 14 at 9:10 PM
News IconResearch delivers insight into the 3D camera market that is expected to reach $10.8 billion, globally, by 2021 (NASDAQ:FARO)
www.whatech.com - December 12 at 10:22 PM
News IconHorizontal Arm Machine Market 2021 Trends and Review (NASDAQ:FARO)
empowerednews.net - December 12 at 5:20 PM

Social

What is FARO Technologies' stock symbol?

FARO Technologies trades on the NASDAQ under the ticker symbol "FARO."

Where is FARO Technologies' stock going? Where will FARO Technologies' stock price be in 2017?

4 analysts have issued 1 year target prices for FARO Technologies' stock. Their forecasts range from $33.00 to $41.00. On average, they anticipate FARO Technologies' share price to reach $36.80 in the next year.

When will FARO Technologies announce their earnings?

FARO Technologies is scheduled to release their next quarterly earnings announcement on Monday, May, 1st 2017.

What are analysts saying about FARO Technologies stock?

Here are some recent quotes from research analysts about FARO Technologies stock:

  • According to Zacks Investment Research, "FARO Technologies, Inc. and its international subsidiaries are pioneers and market leaders in the computer-aided manufacturing measurement market, which is the final frontier of the computer-aided design and computer-aided manufacturing revolution. FARO's product line includes portable, 3D measurement equipment, computer-aided design-based inspection software for portable and fixed-base coordinate measurement machines, as well as factory-level statistical process control, and manufacturing quality consulting services. (Company Press Release) " (1/3/2017)

  • Canaccord Genuity analysts commented, "We are reiterating a BUY rating on FARO following Q1 upside on strong North American demand and healthy services and margins. We expect operating margin leverage as management controls SG&A and benefits on the top line as demand continues to recover. Our estimates are increased and our price target is raised to $38. Investment Highlights FARO reported Q1/16 earnings results this morning." (5/4/2016)

Who owns FARO Technologies stock?

FARO Technologies' stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock, Inc (12.10%), Barrow Hanley Mewhinney & Strauss LLC (9.02%), Dimensional Fund Advisors LP (5.34%), Royce & Associates LP (4.69%), Hodges Capital Management Inc. (2.87%) and State Street Corp (2.20%). Company insiders that own FARO Technologies stock include Jay Freeland, Marvin R Sambur and Stephen Cole.

Who sold FARO Technologies stock? Who is selling FARO Technologies stock?

FARO Technologies' stock was sold by a variety of institutional investors in the last quarter, including Two Sigma Investments LP, Barrow Hanley Mewhinney & Strauss LLC, Cortina Asset Management LLC, GSA Capital Partners LLP, TCW Group Inc. and Metropolitan Life Insurance Co. NY.

Who bought FARO Technologies stock? Who is buying FARO Technologies stock?

FARO Technologies' stock was acquired by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, Franklin Resources Inc., Renaissance Technologies LLC, Hodges Capital Management Inc., State Street Corp, AQR Capital Management LLC, Royce & Associates LP and ARK Investment Management LLC. Company insiders that have bought FARO Technologies stock in the last two years include Marvin R Sambur and Stephen Cole.

How do I buy FARO Technologies stock?

Shares of FARO Technologies can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of FARO Technologies stock cost?

One share of FARO Technologies stock can currently be purchased for approximately $35.90.

FARO Technologies (NASDAQ:FARO) Chart for Friday, February, 24, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for FARO Technologies (NASDAQ:FARO)

Earnings History Chart

Earnings by Quarter for FARO Technologies (NASDAQ:FARO)

Dividend History Chart

Dividend Payments by Quarter for FARO Technologies (NASDAQ:FARO)

Last Updated on 2/24/2017 by MarketBeat.com Staff