FARO Technologies Company Profile (NASDAQ:FARO)

About FARO Technologies (NASDAQ:FARO)

FARO Technologies logoFARO 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: Scientific & Technical Instruments
  • Sub-Industry: Electronic Equipment & Instruments
  • Symbol: NASDAQ:FARO
  • CUSIP: 31164210
  • Web: www.faro.com
Capitalization:
  • Market Cap: $590.06 million
  • Outstanding Shares: 16,692,000
Average Prices:
  • 50 Day Moving Avg: $34.83
  • 200 Day Moving Avg: $35.99
  • 52 Week Range: $29.00 - $40.15
P/E:
  • Trailing P/E Ratio: 90.64
  • Foreward P/E Ratio: 30.47
  • P/E Growth: 4.28
Sales & Book Value:
  • Annual Revenue: $331.4 million
  • Price / Sales: 1.78
  • Book Value: $20.62 per share
  • Price / Book: 1.71
Profitability:
  • EBIDTA: $21.45 million
  • Net Margins: 5.06%
  • Return on Equity: 5.45%
  • Return on Assets: 4.39%
Debt:
  • Current Ratio: 4.48%
  • Quick Ratio: 3.64%
Misc:
  • Average Volume: 84,272 shs.
  • Beta: 1.43
  • Short Ratio: 5.62
 

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) released its quarterly earnings data on Tuesday, May, 9th. The company reported ($0.09) earnings per share for the quarter, missing the consensus estimate of $0.05 by $0.14. The firm had revenue of $81.60 million for the quarter, compared to analyst estimates of $77.74 million. FARO Technologies had a return on equity of 5.45% and a net margin of 5.06%. The firm's revenue for the quarter was up 7.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.19 earnings per share. View FARO Technologies' Earnings History.

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' stock. Their predictions range from $37.00 to $38.00. On average, they anticipate FARO Technologies' share price to reach $37.50 in the next year. View Analyst Ratings for FARO Technologies.

Are investors shorting FARO Technologies?

FARO Technologies saw a decrease in short interest in April. As of April 28th, there was short interest totalling 579,073 shares, a decrease of 1.7% from the April 13th total of 589,335 shares. Based on an average daily volume of 64,324 shares, the short-interest ratio is currently 9.0 days.

Who are some of FARO Technologies' key competitors?

Who owns FARO Technologies stock?

FARO Technologies' stock is owned by many different of institutional and retail investors. Top institutional shareholders include Primecap Management Co. CA (11.14%), Vanguard Group Inc. (9.12%), Barrow Hanley Mewhinney & Strauss LLC (8.59%), Dimensional Fund Advisors LP (5.86%), TimesSquare Capital Management LLC (4.75%) and Royce & Associates LP (4.14%). Company insiders that own FARO Technologies stock include Marvin R Sambur and Stephen Cole. View Institutional Ownership Trends for FARO Technologies.

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 Morgan Stanley, Strs Ohio, Royce & Associates LP, AQR Capital Management LLC, Barrow Hanley Mewhinney & Strauss LLC, JPMorgan Chase & Co., State of Wisconsin Investment Board and Renaissance Technologies LLC. View Insider Buying and Selling for FARO Technologies.

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 Credit Suisse AG, Vident Investment Advisory LLC, TimesSquare Capital Management LLC, Dimensional Fund Advisors LP, Vanguard Group Inc., Bank of New York Mellon Corp, Primecap Management Co. CA and Hodges Capital Management Inc.. Company insiders that have bought FARO Technologies stock in the last two years include Marvin R Sambur and Stephen Cole. View Insider Buying and Selling for FARO Technologies.

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 $35.35.

Analyst Ratings

Consensus Ratings for FARO Technologies (NASDAQ:FARO) (?)
Ratings Breakdown: 1 Sell Rating, 3 Buy Ratings
Consensus Rating:Buy (Score: 2.50)
Consensus Price Target: $37.50 (6.08% upside)

Analysts' Ratings History for FARO Technologies (NASDAQ:FARO)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/16/2017ValuEngineDowngradeHold -> SellLowView Rating Details
5/13/2017Noble FinancialReiterated RatingBuyLowView Rating Details
5/11/2017Needham & Company LLCLower Price TargetBuy -> Buy$38.00 -> $37.00LowView Rating Details
5/11/2017Canaccord GenuityReiterated RatingBuyLowView Rating Details
5/11/2016FBR & CoReiterated RatingMarket Perform$34.00N/AView Rating Details
3/2/2016Sterne Agee CRTBoost Price Target$30.00 -> $33.00N/AView Rating Details
1/21/2016StephensUpgradeEqual Weight -> OverweightN/AView Rating Details
11/4/2015Oppenheimer Holdings Inc.DowngradeOutperform -> Market PerformN/AView Rating Details
10/5/2015Robert W. BairdLower Price TargetNeutral$48.00 -> $40.00N/AView Rating Details
(Data available from 5/28/2015 forward)

Earnings

Earnings History for FARO Technologies (NASDAQ:FARO)
Earnings by Quarter for FARO Technologies (NASDAQ:FARO)
Earnings History by Quarter for FARO Technologies (NASDAQ:FARO)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/9/2017Q1 2017$0.05($0.09)$77.74 million$81.60 millionViewListenView Earnings Details
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($0.05)$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$0.35$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)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
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 and Institutional Ownership History for FARO Technologies (NASDAQ:FARO)
Insider Ownership Percentage: 1.80%
Institutional Ownership Percentage: 91.28%
Insider Trades by Quarter for FARO Technologies (NASDAQ:FARO)
Institutional Ownership by Quarter for FARO Technologies (NASDAQ:FARO)
Insider Trades by Quarter for FARO Technologies (NASDAQ:FARO)
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

Headline Trends for FARO Technologies (NASDAQ:FARO)
Latest Headlines for FARO Technologies (NASDAQ:FARO)
Source:
DateHeadline
americanbankingnews.com logoFARO Technologies, Inc. (FARO) Rating Lowered to Sell at ValuEngine
www.americanbankingnews.com - May 16 at 4:32 PM
americanbankingnews.com logoFY2017 EPS Estimates for FARO Technologies, Inc. (FARO) Reduced by Analyst
www.americanbankingnews.com - May 15 at 8:45 AM
americanbankingnews.com logoFARO Technologies, Inc. (FARO) Short Interest Down 1.7% in April
www.americanbankingnews.com - May 15 at 7:48 AM
americanbankingnews.com logoFARO Technologies, Inc. (FARO) Price Target Cut to $37.00
www.americanbankingnews.com - May 14 at 12:32 AM
americanbankingnews.com logoFARO Technologies, Inc. (FARO) Receives Buy Rating from Canaccord Genuity
www.americanbankingnews.com - May 14 at 12:32 AM
americanbankingnews.com logo$86.61 Million in Sales Expected for FARO Technologies, Inc. (FARO) This Quarter
www.americanbankingnews.com - May 13 at 8:24 AM
americanbankingnews.com logoFARO Technologies, Inc. Expected to Post FY2019 Earnings of $1.50 Per Share (FARO)
www.americanbankingnews.com - May 12 at 6:36 PM
finance.yahoo.com logoFARO Technologies, Inc. breached its 50 day moving average in a Bearish Manner : FARO-US : May 11, 2017
finance.yahoo.com - May 11 at 5:44 PM
americanbankingnews.com logoFARO Technologies, Inc. (FARO) Issues Quarterly Earnings Results
www.americanbankingnews.com - May 11 at 3:25 PM
americanbankingnews.com logoZacks: Analysts Expect FARO Technologies, Inc. (FARO) Will Post Earnings of $0.23 Per Share
www.americanbankingnews.com - May 11 at 2:14 PM
finance.yahoo.com logoEdited Transcript of FARO earnings conference call or presentation 10-May-17 12:30pm GMT
finance.yahoo.com - May 10 at 10:17 PM
reuters.com logoBRIEF-Faro reports Q1 2017 financial results and status of renewal efforts
www.reuters.com - May 10 at 8:47 AM
finance.yahoo.com logoInvestor Network: FARO Technologies, Inc. to Host Earnings Call
finance.yahoo.com - May 10 at 8:47 AM
marketbeat.com logoFaro Technologies reports 1Q loss
marketbeat.com - May 9 at 6:01 PM
finance.yahoo.com logoFARO Reports Q1 2017 Financial Results and Status of Renewal Efforts
finance.yahoo.com - May 9 at 5:02 PM
americanbankingnews.com logoFARO Technologies (FARO) Getting Positive Press Coverage, Study Shows
www.americanbankingnews.com - May 4 at 1:09 AM
americanbankingnews.com logoFARO Technologies (FARO) Earning Negative Media Coverage, Report Shows
www.americanbankingnews.com - April 29 at 7:40 AM
finance.yahoo.com logoFARO Technologies, Inc. – Value Analysis (NASDAQ:FARO) : April 27, 2017
finance.yahoo.com - April 27 at 5:41 PM
americanbankingnews.com logoFARO Technologies (FARO) Earning Somewhat Positive News Coverage, AlphaOne Reports
www.americanbankingnews.com - April 27 at 1:12 AM
finance.yahoo.com logoFARO Technologies, Inc. breached its 50 day moving average in a Bullish Manner : FARO-US : April 26, 2017
finance.yahoo.com - April 26 at 10:26 PM
finance.yahoo.com logoFARO Invites You to Join Its First Quarter 2017 Earnings Conference Call
finance.yahoo.com - April 26 at 10:26 PM
americanbankingnews.com logoFARO Technologies, Inc. (FARO) Rating Lowered to Hold at Zacks Investment Research
www.americanbankingnews.com - April 26 at 7:22 PM
americanbankingnews.com logoFARO Technologies, Inc. (FARO) Stock Rating Upgraded by Zacks Investment Research
www.americanbankingnews.com - April 25 at 11:34 PM
finance.yahoo.com logoFARO® Introduces PointSense 18.0 Suite for Construction and Architecture
finance.yahoo.com - April 24 at 4:57 PM
americanbankingnews.com logoFARO Technologies (FARO) Receiving Somewhat Favorable Media Coverage, Study Finds
www.americanbankingnews.com - April 23 at 11:24 AM
bizjournals.com logoGlobal Articulated Arm Machine Market, 2023: Growing Demand for Portable Metrology Solutions - Research and Markets
www.bizjournals.com - April 22 at 4:50 PM
americanbankingnews.com logoFARO Technologies, Inc. (FARO) Expected to Announce Quarterly Sales of $77.61 Million
www.americanbankingnews.com - April 22 at 7:51 AM
americanbankingnews.com logoZacks: Brokerages Expect FARO Technologies, Inc. (FARO) Will Post Earnings of $0.05 Per Share
www.americanbankingnews.com - April 20 at 8:27 PM
americanbankingnews.com logoFARO Technologies (FARO) Given Media Sentiment Rating of 0.21
www.americanbankingnews.com - April 20 at 5:06 PM
finance.yahoo.com logoCrosby Announces Hiring of Chief Financial Officer
finance.yahoo.com - March 30 at 10:35 PM
uk.finance.yahoo.com logoFARO: Summary for FARO Technologies, Inc. - Yahoo Finance
uk.finance.yahoo.com - March 20 at 7:31 PM
businesswire.com logoGlobal LiDAR Market Insights, Opportunity Analysis, Market Shares and Forecast 2017-2023: Rising Use of Drone in Many Applications - Research and Markets
www.businesswire.com - March 6 at 9:46 AM
finance.yahoo.com logoFARO TECHNOLOGIES INC Financials
finance.yahoo.com - March 2 at 5:24 PM
biz.yahoo.com logoFARO TECHNOLOGIES INC Files SEC form 10-K, Annual Report
biz.yahoo.com - February 24 at 6:24 PM
finance.yahoo.com logoEdited Transcript of FARO earnings conference call or presentation 23-Feb-17 1:30pm GMT
finance.yahoo.com - February 23 at 10:10 PM
biz.yahoo.com logoFARO Technologies Inc Earnings Call scheduled for 8:30 am ET today
biz.yahoo.com - February 23 at 5:09 PM
reuters.com logoBRIEF-FARO Technologies reports Q4 earnings per share $0.21
www.reuters.com - February 22 at 10:24 PM
us.rd.yahoo.com logoFARO Reports Fourth Quarter and Fiscal Year 2016 Financial Results
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
us.rd.yahoo.com - February 22 at 5:23 PM
finance.yahoo.com logoFARO Invites You to Join Its Fourth Quarter and Fiscal 2016 Earnings Conference Call
finance.yahoo.com - February 16 at 5:06 PM
finance.yahoo.com logoNew FARO® Vantage Laser Tracker Product Line Sets a New Standard for Portability, Mobile Device Control, Ruggedness, and Value
finance.yahoo.com - January 24 at 5:46 PM
finance.yahoo.com logoFARO Names Katrona Tyrrell Chief People Officer
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
finance.yahoo.com - January 16 at 9:43 AM
biz.yahoo.com logoFARO TECHNOLOGIES INC Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and Exhibit
biz.yahoo.com - December 21 at 5:58 PM
us.rd.yahoo.com logo8:31 am FARO Techs promotes Robert E. Seidel to CFO
us.rd.yahoo.com - December 16 at 10:39 PM
streetinsider.com logoFaro Technologies (FARO) Promotes Robert Seidel to CFO
www.streetinsider.com - December 16 at 5:39 PM

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Chart

FARO Technologies (FARO) Chart for Sunday, May, 28, 2017

This page was last updated on 5/28/2017 by MarketBeat.com Staff