NASDAQ:FARO - FARO Technologies Stock Price, News, & Analysis

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$43.58 +0.06 (+0.14 %)
(As of 12/14/2018 03:01 PM ET)
Previous Close$43.52
Today's Range$43.17 - $44.12
52-Week Range$43.04 - $70.20
Volume24,397 shs
Average Volume53,787 shs
Market Capitalization$776.04 million
P/E Ratio150.28
Dividend YieldN/A
Beta1.62
FARO Technologies, Inc. engages in the design, development, manufacture, marketing, and support of three-dimensional (3D) measurement, imaging, and realization systems. It operates through the following segments: Factory Metrology, Construction BIM-CIM, and Other. The Factory Metrology segment provides solutions for manual & automated measurement and inspection in an industrial or manufacturing environment. The Construction BIM-CIM segment offers solutions for as-built data capturing and 3D visualization in building information modeling and construction information management applications. The Other segment includes product design, public safety forensics, and 3D solutions. The company was founded by Gregory A. Fraser and Simon Raab on February 21, 1982 and is headquartered in Lake Mary, FL.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Measuring & controlling devices, not elsewhere classified
Sub-IndustryElectronic Equipment & Instruments
SectorComputer and Technology
Current SymbolNASDAQ:FARO
Previous Symbol
CUSIP31164210
Phone407-333-9911

Debt

Debt-to-Equity RatioN/A
Current Ratio3.71
Quick Ratio2.92

Price-To-Earnings

Trailing P/E Ratio150.28
Forward P/E Ratio87.16
P/E GrowthN/A

Sales & Book Value

Annual Sales$360.92 million
Price / Sales2.08
Cash Flow$1.2444 per share
Price / Cash Flow35.02
Book Value$21.07 per share
Price / Book2.07

Profitability

EPS (Most Recent Fiscal Year)$0.29
Net Income$-14,510,000.00
Net Margins-2.99%
Return on Equity3.18%
Return on Assets2.46%

Miscellaneous

Employees1,669
Outstanding Shares17,250,000
Market Cap$776.04 million
OptionableOptionable

FARO Technologies (NASDAQ:FARO) Frequently Asked Questions

What is FARO Technologies' stock symbol?

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

How were FARO Technologies' earnings last quarter?

FARO Technologies, Inc. (NASDAQ:FARO) posted its earnings results on Wednesday, October, 31st. The scientific and technical instruments company reported $0.09 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.15 by $0.06. The scientific and technical instruments company had revenue of $99.71 million for the quarter, compared to the consensus estimate of $102.53 million. FARO Technologies had a negative net margin of 2.99% and a positive return on equity of 3.18%. FARO Technologies's revenue was up 10.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.10 EPS. View FARO Technologies' Earnings History.

When is FARO Technologies' next earnings date?

FARO Technologies is scheduled to release their next quarterly earnings announcement on Wednesday, February 20th 2019. View Earnings Estimates for FARO Technologies.

What price target have analysts set for FARO?

6 equities research analysts have issued twelve-month target prices for FARO Technologies' shares. Their forecasts range from $45.00 to $82.00. On average, they anticipate FARO Technologies' stock price to reach $63.25 in the next year. This suggests a possible upside of 45.1% from the stock's current price. View Analyst Price Targets for FARO Technologies.

What is the consensus analysts' recommendation for FARO Technologies?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for FARO Technologies in the last year. There are currently 1 hold rating and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for FARO Technologies.

What are Wall Street analysts saying about FARO Technologies stock?

Here are some recent quotes from research analysts about FARO Technologies stock:
  • 1. According to Zacks Investment Research, "FARO Technologies, Inc. is the world's most trusted source for 3D measurement technology. The Company develops and markets computer-aided measurement and imaging devices and software. Technology from FARO permits high-precision 3D measurement, imaging and comparison of parts and complex structures within production and quality assurance processes. The devices are used for inspecting components and assemblies, rapid prototyping, documenting large volume spaces or structures in 3D, surveying and construction, as well as for investigation and reconstruction of accident sites or crime scenes. FARO Technologies capture and analysis of on-site real world data to investigate crash, crime and fire, plan security activities and provide virtual reality training for public safety personnel, and also Capture detailed and precise 3D data from existing products permitting CAD analysis and redesign, after market design and legacy part replication. " (11/6/2018)
  • 2. Canaccord Genuity analysts commented, "We reiterate a BUY rating on FARO as the company appears well positioned to deliver operating leverage as revenue growth rates recover into the mid-teens. New product introductions and investments in emerging verticals should drive more sustainable growth going forward. We are increasing our estimates and take our price target to $62 based on newly introduced 2019 numbers." (2/22/2018)

Has FARO Technologies been receiving favorable news coverage?

News coverage about FARO stock has been trending somewhat positive recently, according to InfoTrie Sentiment Analysis. InfoTrie scores the sentiment of press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. FARO Technologies earned a media sentiment score of 1.8 on InfoTrie's scale. They also assigned press coverage about the scientific and technical instruments company a news buzz of 3.0 out of 10, meaning that recent press coverage is unlikely to have an impact on the company's share price in the near future.

Who are some of FARO Technologies' key competitors?

Who are FARO Technologies' key executives?

FARO Technologies' management team includes the folowing people:
  • Simon Raab, Chairman, President & Chief Executive Officer
  • Kathleen J. Hall, Chief Operating Officer
  • Robert Earl Seidel, Chief Financial & Accounting Officer
  • Jody Storm Gale, Secretary, Senior Vice President & General Counsel
  • Katrona Tyrrell, Chief People Officer

Who are FARO Technologies' major shareholders?

FARO Technologies' stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (14.31%), Vanguard Group Inc. (10.02%), Vanguard Group Inc (10.02%), Primecap Management Co. CA (9.69%), Dimensional Fund Advisors LP (5.90%) and Credit Suisse AG (5.10%). Company insiders that own FARO Technologies stock include Jody Storm Gale, John Donofrio, Kathleen Hall, Katrona Tyrrell and Simon Raab. View Institutional Ownership Trends for FARO Technologies.

Which major investors are selling FARO Technologies stock?

FARO stock was sold by a variety of institutional investors in the last quarter, including Credit Suisse AG, Primecap Management Co. CA, Dimensional Fund Advisors LP, Tikvah Management LLC, Fisher Asset Management LLC, Royce & Associates LP, JPMorgan Chase & Co. and JPMorgan Chase & Co.. Company insiders that have sold FARO Technologies company stock in the last year include Jody Storm Gale, John Donofrio, Kathleen Hall, Katrona Tyrrell and Simon Raab. View Insider Buying and Selling for FARO Technologies.

Which major investors are buying FARO Technologies stock?

FARO stock was bought by a variety of institutional investors in the last quarter, including Mirae Asset Global Investments Co. Ltd., WINTON GROUP Ltd, BlackRock Inc., Vanguard Group Inc, Vanguard Group Inc., Morgan Stanley, Baillie Gifford & Co. and Renaissance Technologies LLC. View Insider Buying and Selling for FARO Technologies.

How do I buy shares of FARO Technologies?

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

What is FARO Technologies' stock price today?

One share of FARO stock can currently be purchased for approximately $43.58.

How big of a company is FARO Technologies?

FARO Technologies has a market capitalization of $776.04 million and generates $360.92 million in revenue each year. The scientific and technical instruments company earns $-14,510,000.00 in net income (profit) each year or $0.29 on an earnings per share basis. FARO Technologies employs 1,669 workers across the globe.

What is FARO Technologies' official website?

The official website for FARO Technologies is http://www.faro.com.

How can I contact FARO Technologies?

FARO Technologies' mailing address is 250 TECHNOLOGY PARK, LAKE MARY FL, 32746. The scientific and technical instruments company can be reached via phone at 407-333-9911.


MarketBeat Community Rating for FARO Technologies (NASDAQ FARO)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  304 (Vote Outperform)
Underperform Votes:  283 (Vote Underperform)
Total Votes:  587
MarketBeat's community ratings are surveys of what our community members think about FARO Technologies and other stocks. Vote "Outperform" if you believe FARO will outperform the S&P 500 over the long term. Vote "Underperform" if you believe FARO will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 12/14/2018 by MarketBeat.com Staff

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