Log in

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

$61.84
-0.16 (-0.26 %)
(As of 02/21/2020 04:00 PM ET)
Today's Range
$61.48
Now: $61.84
$64.99
50-Day Range
$51.22
MA: $54.18
$62.00
52-Week Range
$40.50
Now: $61.84
$64.99
Volume289,164 shs
Average Volume85,819 shs
Market Capitalization$1.09 billion
P/E RatioN/A
Dividend YieldN/A
Beta1.7
FARO Technologies, Inc designs, develops, manufactures, markets, and supports software driven three-dimensional (3D) measurement and imaging solutions. It operates through three segments: 3D Manufacturing, Construction BIM, and Emerging Verticals. The company offers FaroArm, a combination of a portable articulated measurement arm, a computer, and CAM2 software programs; and FARO ScanArm, a FaroArm equipped with a hard probe and non-contact laser line probe to measure products. Read More…

Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$381.77 million
Cash Flow$1.70 per share
Book Value$18.86 per share

Profitability

Net Income$4.93 million

Miscellaneous

Employees1,862
Market Cap$1.09 billion
Next Earnings Date5/6/2020 (Estimated)
OptionableOptionable

Receive FARO News and Ratings via Email

Sign-up to receive the latest news and ratings for FARO and its competitors with MarketBeat's FREE daily newsletter.


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) announced its quarterly earnings results on Wednesday, February, 19th. The scientific and technical instruments company reported $0.18 earnings per share for the quarter, topping analysts' consensus estimates of ($0.06) by $0.24. The scientific and technical instruments company had revenue of $104.10 million for the quarter, compared to the consensus estimate of $98.80 million. FARO Technologies had a positive return on equity of 1.53% and a negative net margin of 16.28%. The business's revenue was down 7.7% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.33 earnings per share. 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, May 6th 2020. View Earnings Estimates for FARO Technologies.

What price target have analysts set for FARO?

4 equities research analysts have issued twelve-month target prices for FARO Technologies' stock. Their forecasts range from $50.00 to $76.00. On average, they expect FARO Technologies' share price to reach $63.00 in the next year. This suggests a possible upside of 1.9% from the stock's current price. View Analyst Price Targets for FARO Technologies.

What is the consensus analysts' recommendation for FARO Technologies?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for FARO Technologies in the last year. There are currently 3 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for FARO Technologies.

Has FARO Technologies been receiving favorable news coverage?

Media headlines about FARO stock have been trending neutral on Saturday, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. FARO Technologies earned a media sentiment score of 0.5 on InfoTrie's scale. They also gave headlines about the scientific and technical instruments company a news buzz of 1.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View News Stories for FARO Technologies.

Are investors shorting FARO Technologies?

FARO Technologies saw a decline in short interest during the month of January. As of January 15th, there was short interest totalling 780,200 shares, a decline of 5.4% from the December 31st total of 824,400 shares. Based on an average daily trading volume, of 118,000 shares, the short-interest ratio is presently 6.6 days. Approximately 4.6% of the shares of the company are sold short. View FARO Technologies' Current Options Chain.

Who are some of FARO Technologies' key competitors?

What other stocks do shareholders of FARO Technologies own?

Based on aggregate information from My MarketBeat watchlists, some companies that other FARO Technologies investors own include Baidu (BIDU), Alibaba Group (BABA), Baozun (BZUN), NVIDIA (NVDA), Verizon Communications (VZ), Advanced Micro Devices (AMD), Fortinet (FTNT), Marvell Technology Group (MRVL), Canopy Growth (CGC) and The Coca-Cola (KO).

Who are FARO Technologies' key executives?

FARO Technologies' management team includes the folowing people:
  • Dr. Simon Raab, Co-Founder, CEO, Pres & Director (Age 66)
  • Mr. Robert E. Seidel Jr., Chief Financial Officer (Age 44)
  • Ms. Kathleen J. Hall, Chief Operating Officer (Age 58)
  • Mr. Jody S. Gale, Sr. VP, Gen. Counsel & Corp. Sec. (Age 44)
  • Ms. Katrona Tyrrell, Chief People Officer (Age 56)

Who are FARO Technologies' major shareholders?

FARO Technologies' stock is owned by many different of retail and institutional investors. Top institutional investors include Paradice Investment Management LLC (5.69%), Barrow Hanley Mewhinney & Strauss LLC (5.32%), Royce & Associates LP (5.32%), Credit Suisse AG (3.46%), Goldman Sachs Group Inc. (3.14%) and State Street Corp (2.99%). 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, Franklin Resources Inc., Vident Investment Advisory LLC, Panagora Asset Management Inc., Barclays PLC, UBS Group AG, Paradice Investment Management LLC and Nisa Investment Advisors LLC. View Insider Buying and Selling for FARO Technologies.

Which major investors are buying FARO Technologies stock?

FARO stock was acquired by a variety of institutional investors in the last quarter, including Royce & Associates LP, Goldman Sachs Group Inc., Pinnacle Associates Ltd., Great West Life Assurance Co. Can, Eos Focused Equity Management L.P., Renaissance Technologies LLC, Baillie Gifford & Co. and State Street Corp. 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, Robinhood, Fidelity and Charles Schwab.

What is FARO Technologies' stock price today?

One share of FARO stock can currently be purchased for approximately $61.84.

How big of a company is FARO Technologies?

FARO Technologies has a market capitalization of $1.09 billion and generates $381.77 million in revenue each year. The scientific and technical instruments company earns $4.93 million in net income (profit) each year or $0.65 on an earnings per share basis. FARO Technologies employs 1,862 workers across the globe.View Additional Information About FARO Technologies.

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 or via email at [email protected]


MarketBeat Community Rating for FARO Technologies (NASDAQ FARO)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  343 (Vote Outperform)
Underperform Votes:  379 (Vote Underperform)
Total Votes:  722
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 2/22/2020 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel