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

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$43.08 -4.56 (-9.57 %)
(As of 03/22/2019 04:00 PM ET)
Previous Close$43.08
Today's Range$43.00 - $47.39
52-Week Range$37.58 - $70.20
Volume249,795 shs
Average Volume82,537 shs
Market Capitalization$743.13 million
P/E Ratio93.65
Dividend YieldN/A
Beta1.52
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$1.3702 per share
Book Value$21.83 per share

Profitability

Net Income$4.93 million

Miscellaneous

Employees1,862
Market Cap$743.13 million
Next Earnings Date4/24/2019 (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) posted its earnings results on Tuesday, February, 19th. The scientific and technical instruments company reported $0.33 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.42 by $0.09. The scientific and technical instruments company had revenue of $112.84 million for the quarter, compared to the consensus estimate of $118.59 million. FARO Technologies had a net margin of 1.22% and a return on equity of 3.21%. FARO Technologies's revenue was up 6.1% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.50 EPS. 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, April 24th 2019. View Earnings Estimates for FARO Technologies.

What price target have analysts set for FARO?

5 equities research analysts have issued twelve-month target prices for FARO Technologies' shares. Their forecasts range from $43.77 to $82.00. On average, they anticipate FARO Technologies' stock price to reach $57.6925 in the next year. This suggests a possible upside of 33.9% 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 3 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for FARO Technologies.

Has FARO Technologies been receiving favorable news coverage?

News coverage about FARO stock has been trending somewhat negative recently, according to InfoTrie Sentiment Analysis. InfoTrie scores the sentiment of press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. FARO Technologies earned a media sentiment score of -1.5 on InfoTrie's scale. They also assigned press coverage about the scientific and technical instruments company a news buzz of 9.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company's share price in the near 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), Paypal (PYPL), Verizon Communications (VZ), Celgene (CELG), Intel (INTC), Veeva Systems (VEEV), Alibaba Group (BABA), Skyworks Solutions (SWKS), Caterpillar (CAT) and Twitter (TWTR).

Who are FARO Technologies' key executives?

FARO Technologies' management team includes the folowing people:
  • Dr. Simon Raab, Co-Founder, Chairman, CEO & Pres (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. Janet D'Anjou, VP of Fin. and Corp. Devel. (Age 43)

Who are FARO Technologies' major shareholders?

FARO Technologies' stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (14.55%), Barrow Hanley Mewhinney & Strauss LLC (6.32%), Dimensional Fund Advisors LP (5.67%), Dimensional Fund Advisors LP (5.67%), Paradice Investment Management LLC (5.41%) and Royce & Associates LP (3.59%). 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 Mirae Asset Global Investments Co. Ltd., Dimensional Fund Advisors LP, Dimensional Fund Advisors LP, United Services Automobile Association, Barrow Hanley Mewhinney & Strauss LLC, Citigroup Inc., Penserra Capital Management LLC and Suffolk Capital Management LLC. 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 major investors are buying FARO Technologies stock?

FARO stock was bought by a variety of institutional investors in the last quarter, including Norges Bank, Paradice Investment Management LLC, First Trust Advisors LP, BlackRock Inc., Millennium Management LLC, Jane Street Group LLC, Legal & General Group Plc and Geode 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 $43.08.

How big of a company is FARO Technologies?

FARO Technologies has a market capitalization of $743.13 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.


MarketBeat Community Rating for FARO Technologies (NASDAQ FARO)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  317 (Vote Outperform)
Underperform Votes:  308 (Vote Underperform)
Total Votes:  625
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 3/23/2019 by MarketBeat.com Staff

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