About FARO Technologies (NASDAQ:FARO)
FARO Technologies, Inc. designs, develops, manufactures, markets and supports software driven, three-dimensional (3D) measurement, imaging and realization systems. The Company operates in three segments: Factory Metrology, Construction BIM-CIM and Other. It sells its products through a direct sales force across 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-based inspection and/or factory-level statistical process control and surveying. It operates in international markets throughout the world and maintain sales offices in Australia, Brazil, Canada, China, India, Italy, Japan, Malaysia, Mexico, the Netherlands, Poland, Portugal, Singapore, South Korea, Spain, Switzerland, Thailand, Turkey, the United Kingdom, the United States and Vietnam.
Industry, Sector and Symbol:
- Sector: Computer and Technology
- Industry: Electrical Components & Equipment
- Sub-Industry: Electronic Equipment & Instruments
- Symbol: NASDAQ:FARO
- CUSIP: 31164210
- Web: www.faro.com
- Market Cap: $625.71 million
- Outstanding Shares: 16,708,000
- 50 Day Moving Avg: $37.17
- 200 Day Moving Avg: $36.17
- 52 Week Range: $29.00 - $40.60
Sales & Book Value:
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 53.50
- P/E Growth: -19.31
- Annual Revenue: $335.54 million
- Price / Sales: 1.86
- Book Value: $20.92 per share
- Price / Book: 1.79
- EBITDA: $13.5 million
- Net Margins: -0.13%
- Return on Equity: -0.13%
- Return on Assets: -0.10%
- Current Ratio: 3.96%
- Quick Ratio: 3.14%
- Average Volume: 101,343 shs.
- Beta: 1.37
- Short Ratio: 8.95
Frequently Asked Questions for FARO Technologies (NASDAQ:FARO)
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 Tuesday, August, 1st. The company reported ($0.22) EPS for the quarter, missing analysts' consensus estimates of $0.12 by $0.34. The firm had revenue of $82.68 million for the quarter, compared to the consensus estimate of $87.65 million. FARO Technologies had a negative net margin of 0.13% and a negative return on equity of 0.13%. The firm's revenue was up 5.3% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.20 earnings per share. View FARO Technologies' Earnings History.
When will FARO Technologies make its next earnings announcement?
Where is FARO Technologies' stock going? Where will FARO Technologies' stock price be in 2017?
6 analysts have issued 1-year target prices for FARO Technologies' stock. Their predictions range from $33.00 to $45.00. On average, they expect FARO Technologies' stock price to reach $39.40 in the next year. View Analyst Ratings for FARO Technologies.
Who are some of FARO Technologies' key competitors?
Some companies that are related to FARO Technologies include AZZ (AZZ), General Cable Corporation (BGC), Chase (CCF), MTS Systems Corporation (MTSC), GrafTech International Ltd (GTI), XP Power (XPP), NL Industries (NL), Kimball Electronics (KE), Oxford Instruments plc (OXIG), Judges Scientific PLC (JDG), American Superconductor Corporation (AMSC), Volex PLC (VLX), Dewhurst plc (DWHT), Polar Power (POLA), Stadium Group plc (SDM), Elektron Technology PLC (EKT), Ilika plc (IKA) and Apc Technology Group PLC (APC).
Who are FARO Technologies' key executives?
FARO Technologies' management team includes the folowing people:
- Simon Raab Ph.D., Chairman of the Board, Interim President and Chief Executive Officer, Co-Founder
- Robert E. Seidel Jr., Chief Financial Officer, Principal Financial Officer, Principal Accounting Officer, Vice President - Finance, Investor Relations
- Kathleen J. Hall, Chief Operating Officer
- Jody Storm Gale, Senior Vice President, General Counsel, Corporate Secretary
- Janet D'Anjou, Vice President - Finance and Corporate Development
- Joseph Arezone, Chief Commercial Officer
- Katrona Tyrrell, Chief People Officer
- Stephen R. Cole, Lead Independent Director
- Lynn Brubaker, Independent Director
- John Edward Caldwell, Independent Director
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.
What is FARO Technologies' stock price today?
MarketBeat Community Rating for FARO Technologies (NASDAQ FARO)MarketBeat's community ratings are surveys of what our community members think about FARO Technologies and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of FARO Technologies stock can currently be purchased for approximately $37.45.
Consensus Ratings for FARO Technologies (NASDAQ:FARO) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||2 Hold Ratings, 4 Buy Ratings|
|Consensus Rating:||Buy (Score: 2.67)|
|Consensus Price Target: ||$39.40 (5.21% upside)|Consensus Price Target History for FARO Technologies (NASDAQ:FARO)
Analysts' Ratings History for FARO Technologies (NASDAQ:FARO)
(Data available from 10/22/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|10/6/2017||Stifel Nicolaus||Set Price Target||Hold||$33.00||N/A|
|8/9/2017||Gabelli||Downgrade||Buy -> Hold||Low|
|8/3/2017||Noble Financial||Reiterated Rating||Buy||Medium|
|8/3/2017||Canaccord Genuity||Boost Price Target||Buy||$38.00 -> $42.00||Low|
|6/27/2017||Craig Hallum||Initiated Coverage||Buy||$45.00||High|
|5/30/2017||Needham & Company LLC||Boost Price Target||Buy -> Buy||$37.00 -> $39.00||Low|
|5/11/2016||FBR & Co||Reiterated Rating||Market Perform||$34.00||N/A|
|3/2/2016||Sterne Agee CRT||Boost Price Target||$30.00 -> $33.00||N/A|
|1/21/2016||Stephens||Upgrade||Equal Weight -> Overweight||N/A|
|11/4/2015||Oppenheimer Holdings, Inc.||Downgrade||Outperform -> Market Perform||N/A|
Earnings History for FARO Technologies (NASDAQ:FARO)Earnings History by Quarter for FARO Technologies (NASDAQ FARO)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|8/1/2017||Q2 2017||$0.12||($0.22)||$87.65 million||$82.68 million||View||Listen|
|5/9/2017||Q1 2017||$0.05||($0.09)||$77.74 million||$81.60 million||View||Listen|
|2/22/2017||Q416||$0.35||$0.21||$93.76 million||$91.70 million||View||Listen|
|11/1/2016||Q316||$0.20||$0.07||$77.82 million||$79.60 million||View||Listen|
|8/2/2016||Q216||$0.28||$0.20||$84.38 million||$78.50 million||View||N/A|
|5/3/2016||Q116||$0.04||$0.19||$71.74 million||$75.70 million||View||Listen|
|2/24/2016||Q415||$0.32||$0.60||$89.55 million||$91.30 million||View||Listen|
|11/3/2015||Q315||$0.29||($0.05)||$84.10 million||$72.51 million||View||Listen|
|7/29/2015||Q2||$0.23||$0.24||$79.69 million||$83.80 million||View||Listen|
|4/28/2015||Q115||$0.12||$0.04||$72.63 million||$69.90 million||View||Listen|
|2/25/2015||Q414||$0.62||$0.64||$100.80 million||$104.20 million||View||Listen|
|10/28/2014||Q314||$0.34||$0.38||$79.90 million||$82.20 million||View||Listen|
|7/29/2014||Q214||$0.35||$0.36||$77.55 million||$82.10 million||View||Listen|
|4/29/2014||Q114||$0.28||$0.29||$74.24 million||$73.40 million||View||Listen|
|2/26/2014||Q413||$0.50||$0.48||$82.45 million||$89.90 million||View||Listen|
|10/31/2013||Q313||$0.21||$0.29||$66.27 million||$68.20 million||View||Listen|
|7/30/2013||Q2 2013||$0.29||$0.21||$70.56 million||$68.30 million||View||N/A|
|5/1/2013||Q113||$0.30||$0.27||$67.61 million||$65.40 million||View||Listen|
|2/27/2013||Q4 2012||$0.31||$0.46||$68.01 million||$80.67 million||View||Listen|
|10/31/2012||Q312||$0.35||$0.21||$68.05 million||$60.70 million||View||N/A|
Earnings Estimates for FARO Technologies (NASDAQ:FARO)
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Dividend History for FARO Technologies (NASDAQ:FARO)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for FARO Technologies (NASDAQ:FARO)
Insider Ownership Percentage: 2.40%Insider Trades by Quarter for FARO Technologies (NASDAQ:FARO)
Institutional Ownership Percentage: 94.64%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|5/6/2016||Stephen Cole||Director||Buy||5,000||$33.80||$169,000.00|| |
|11/6/2015||Marvin R Sambur||Director||Buy||2,200||$24.96||$54,912.00|| |
|5/4/2015||Stephen Cole||Director||Buy||2,000||$40.50||$81,000.00|| |
|2/26/2015||Jay Freeland||CEO||Sell||40,000||$60.33||$2,413,200.00|| |
|5/29/2014||Jody Storm Gale||SVP||Buy||1,000||$42.36||$42,360.00|| |
|3/11/2014||Keith Bair||CFO||Sell||1,592||$54.80||$87,241.60|| |
|3/4/2014||Joseph Arezone||SVP||Sell||2,557||$57.06||$145,902.42|| |
|1/2/2014||Lynn Brubaker||Director||Sell||7,949||$57.21||$454,762.29|| |
|11/5/2013||Keith Bair||CFO||Sell||14,846||$51.89||$770,358.94|| |
|5/3/2013||Keith S Bair||CFO||Buy||4,000||$34.29||$137,160.00|| |
Headline Trends for FARO Technologies (NASDAQ:FARO)
Latest Headlines for FARO Technologies (NASDAQ:FARO)
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FARO Technologies (FARO) Chart for Sunday, October, 22, 2017