About FARO Technologies
FARO 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
- Previous Close: $35.10
- 50 Day Moving Average: $37.51
- 200 Day Moving Average: $35.58
- 52-Week Range: $16,680,000.00 - $27.87
- Trailing P/E Ratio: 52.62
- Foreward P/E Ratio: 25.07
- P/E Growth: 2.75
- Market Cap: $585.47M
- Outstanding Shares: 16,680,000
- Beta: 1.43
- Net Margins: 5.06%
- Return on Equity: 5.45%
- Return on Assets: 4.39%
Companies Related to FARO Technologies:
- Current Ratio: 4.48%
- Quick Ratio: 3.64%
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 brokers have issued 1-year price objectives for FARO Technologies' shares. Their forecasts range from $33.00 to $41.00. On average, they expect FARO Technologies' share price to reach $36.80 in the next twelve months.
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) " (2/24/2017)
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 shareholders 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 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 bought 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 $35.10.