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

FARO Technologies trades on the NASDAQ under the ticker symbol "FARO."

FARO Technologies, Inc. (NASDAQ:FARO) released its quarterly earnings data on Wednesday, July, 24th. The scientific and technical instruments company reported $0.14 EPS for the quarter, topping the Thomson Reuters' consensus estimate of ($0.13) by $0.27. The scientific and technical instruments company had revenue of $93.50 million for the quarter, compared to the consensus estimate of $96.32 million. FARO Technologies had a positive return on equity of 3.42% and a negative net margin of 0.75%. The company's quarterly revenue was down 4.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.07 earnings per share. View FARO Technologies' Earnings History.

FARO Technologies is scheduled to release their next quarterly earnings announcement on Wednesday, October 30th 2019. View Earnings Estimates for FARO Technologies.

5 Wall Street analysts have issued 1 year target prices for FARO Technologies' shares. Their predictions range from $43.77 to $82.00. On average, they expect FARO Technologies' stock price to reach $57.6925 in the next year. This suggests a possible upside of 6.6% from the stock's current price. View Analyst Price Targets 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.

News coverage about FARO stock has been trending somewhat positive recently, according to InfoTrie Sentiment. InfoTrie identifies positive and negative news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. FARO Technologies earned a daily sentiment score of 0.9 on InfoTrie's scale. They also assigned press coverage about the scientific and technical instruments company a news buzz of 1.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the next few days. View News Stories for FARO Technologies.

FARO Technologies saw a decrease in short interest in the month of August. As of August 31st, there was short interest totalling 950,800 shares, a decrease of 5.2% from the July 31st total of 1,002,500 shares. Based on an average daily trading volume, of 103,100 shares, the short-interest ratio is presently 9.2 days. Approximately 5.6% of the company's stock are short sold. View FARO Technologies' Current Options Chain.

Some companies that are related to FARO Technologies include Cubic (CUB), MTS Systems (MTSC), Oxford Instruments (OXINF), Nanometrics (NANO), Geospace Technologies (GEOS), Sierra Monitor (SRMC), Midwest Energy Emissions (MEEC), Know Labs (KNWN), Image Sensing Systems (ISNS), Mechanical Technology (MKTY), Mikros Systems (MKRS) and Cemtrex (CETX).

Based on aggregate information from My MarketBeat watchlists, some companies that other FARO Technologies investors own include NVIDIA (NVDA), Alibaba Group (BABA), Baidu (BIDU), Fortinet (FTNT), GW Pharmaceuticals PLC- (GWPH), Xilinx (XLNX), The Coca-Cola (KO), Twitter (TWTR), Celgene (CELG) and DexCom (DXCM).

FARO Technologies' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (16.69%), Vanguard Group Inc. (10.53%), Primecap Management Co. CA (6.90%), Barrow Hanley Mewhinney & Strauss LLC (5.83%), Barrow Hanley Mewhinney & Strauss LLC (5.83%) and Baillie Gifford & Co. (2.28%). 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.

FARO stock was sold by a variety of institutional investors in the last quarter, including Primecap Management Co. CA, Barrow Hanley Mewhinney & Strauss LLC, Barrow Hanley Mewhinney & Strauss LLC, Renaissance Technologies LLC, First Trust Advisors LP, Pinnacle Associates Ltd., Strs Ohio and United Services Automobile Association. Company insiders that have sold FARO Technologies company stock in the last year include John Donofrio and Simon Raab. View Insider Buying and Selling for FARO Technologies.

FARO stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Nuveen Asset Management LLC, Morgan Stanley, Potrero Capital Research LLC, Eagle Asset Management Inc., Pinebridge Investments L.P., Vanguard Group Inc. and JPMorgan Chase & Co.. View Insider Buying and Selling for 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.

One share of FARO stock can currently be purchased for approximately $54.11.

FARO Technologies has a market capitalization of $938.27 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.View Additional Information About FARO Technologies.

The official website for FARO Technologies is http://www.faro.com/.

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]