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

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$46.00 -2.02 (-4.21 %)
(As of 05/23/2019 04:00 PM ET)
Previous Close$48.02
Today's Range$45.66 - $47.35
52-Week Range$37.58 - $70.20
Volume73,000 shs
Average Volume90,381 shs
Market Capitalization$796.67 million
P/E Ratio100.00
Dividend YieldN/A
Beta1.61
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. It also provides FARO Design ScanArm 2.5C, a portable lightweight 3D ScanArm; FARO Prizm, a full-color laser line probe with 3D design and modeling software; FARO Laser Tracker that combines a portable laser measurement tool, a computer, and CAM2 software programs; FARO Cobalt Array Imager, a metrology-grade structured light imager; FARO Tracer, which projects a laser line onto a surface or object; and FARO Focus laser scanner to measure and collect a cloud of data points. In addition, the company offers FARO Scanner Freestyle3DX, a handheld scanner that documents rooms, structures, and objects in 3D, as well as creates high-definition point clouds; FARO ScanPlan, a handheld mapper that captures 2D floor plans; FARO Digi-Cube, a digital auto-controlled scan head for integration into various laser scanning products; and FARO Software, a proprietary computer-aided design-based measurement and laser scanner software. FARO Technologies, Inc. offers its products for manufacturing, industrial, architecture, surveying, building information modeling, construction, public safety forensics, cultural heritage, dental, and other applications. The company sells its products in Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Malaysia, Mexico, the Netherlands, Poland, Portugal, Singapore, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, the United Kingdom, and the United States. FARO Technologies, Inc. was founded in 1981 and is headquartered in Lake Mary, Florida.

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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$403.63 million
Cash Flow$1.4362 per share
Book Value$21.74 per share

Profitability

Net Income$4.93 million

Miscellaneous

Employees1,862
Market Cap$796.67 million
Next Earnings Date7/24/2019 (Estimated)
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) issued its quarterly earnings results on Wednesday, May, 1st. The scientific and technical instruments company reported $0.01 EPS for the quarter, missing analysts' consensus estimates of $0.14 by $0.13. The scientific and technical instruments company had revenue of $93.61 million for the quarter, compared to analysts' expectations of $101.85 million. FARO Technologies had a return on equity of 3.11% and a net margin of 1.14%. The business's quarterly revenue was up .8% compared to the same quarter last year. During the same quarter last year, the firm earned $0.03 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, July 24th 2019. View Earnings Estimates for FARO Technologies.

What price target have analysts set for FARO?

5 brokers have issued 1 year price objectives for FARO Technologies' stock. Their forecasts range from $43.77 to $82.00. On average, they expect FARO Technologies' share price to reach $57.6925 in the next twelve months. This suggests a possible upside of 25.4% from the stock's current price. View Analyst Price Targets for FARO Technologies.

What is the consensus analysts' recommendation for FARO Technologies?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for FARO Technologies in the last year. There are currently 4 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?

Headlines about FARO stock have trended somewhat positive recently, according to InfoTrie Sentiment Analysis. The research group rates the sentiment of news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. FARO Technologies earned a daily sentiment score of 1.9 on InfoTrie's scale. They also gave news headlines about the scientific and technical instruments company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the stock's share price in the immediate future.

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 NVIDIA (NVDA), Baidu (BIDU), Celgene (CELG), Intel (INTC), Paypal (PYPL), Advanced Micro Devices (AMD), AeroVironment (AVAV), Exelixis (EXEL), FireEye (FEYE) and GW Pharmaceuticals PLC- (GWPH).

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 a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (14.74%), Paradice Investment Management LLC (5.72%), Dimensional Fund Advisors LP (5.51%), Royce & Associates LP (3.46%), Baillie Gifford & Co. (2.25%) and Northern Trust Corp (1.33%). 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 institutional investors are selling FARO Technologies stock?

FARO stock was sold by a variety of institutional investors in the last quarter, including CWM LLC, Morgan Stanley, Renaissance Technologies LLC, First Trust Advisors LP, Kennedy Capital Management Inc., Dimensional Fund Advisors LP, Royce & Associates LP and Strs Ohio. 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 institutional investors are buying FARO Technologies stock?

FARO stock was bought by a variety of institutional investors in the last quarter, including Pinnacle Associates Ltd., Paradice Investment Management LLC, BlackRock Inc., Baillie Gifford & Co., State of Wisconsin Investment Board, Geode Capital Management LLC, Jacobs Levy Equity Management Inc. and Penserra Capital Management 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 $46.00.

How big of a company is FARO Technologies?

FARO Technologies has a market capitalization of $796.67 million and generates $403.63 million in revenue each year. The scientific and technical instruments company earns $4.93 million in net income (profit) each year or $0.46 on an earnings per share basis. FARO Technologies employs 1,862 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 or via email at [email protected]


MarketBeat Community Rating for FARO Technologies (NASDAQ FARO)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  320 (Vote Outperform)
Underperform Votes:  320 (Vote Underperform)
Total Votes:  640
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 5/23/2019 by MarketBeat.com Staff

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