NASDAQ:FARO - FARO Technologies Stock Price, Price Target & More

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$57.95 +0.05 (+0.09 %)
(As of 07/20/2018 04:00 PM ET)
Previous Close$57.90
Today's Range$57.70 - $58.35
52-Week Range$32.25 - $65.35
Volume46,200 shs
Average Volume95,603 shs
Market Capitalization$972.71 million
P/E Ratio199.66
Dividend YieldN/A
Beta1.47
FARO Technologies logoFARO Technologies, Inc. designs, develops, manufactures, markets, and supports software driven, three-dimensional (3D) measurement, imaging, and realization systems. The company offers FaroArm, a combination of six or seven-axis, 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 Gage, a combination of an articulated arm device with a computer and 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; 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, cultural heritage, 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

Stock Exchange NASDAQ
Industry Measuring & controlling devices, not elsewhere classified
Sub-IndustryElectronic Equipment & Instruments
SectorComputer and Technology
SymbolNASDAQ:FARO
CUSIP31164210
Phone407-333-9911

Debt

Debt-to-Equity RatioN/A
Current Ratio4.21
Quick Ratio3.39

Price-To-Earnings

Trailing P/E Ratio199.66
Forward P/E Ratio68.99
P/E GrowthN/A

Sales & Book Value

Annual Sales$360.92 million
Price / Sales2.72
Cash Flow$1.2979 per share
Price / Cash44.65
Book Value$21.07 per share
Price / Book2.75

Profitability

EPS (Most Recent Fiscal Year)$0.29
Net Income$-14,510,000.00
Net Margins-3.39%
Return on Equity1.91%
Return on Assets1.51%

Miscellaneous

Employees1,669
Outstanding Shares16,960,000
Market Cap$972.71

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) released its earnings results on Wednesday, April, 25th. The scientific and technical instruments company reported $0.03 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.08 by $0.05. The scientific and technical instruments company had revenue of $92.83 million for the quarter, compared to analyst estimates of $92.92 million. FARO Technologies had a positive return on equity of 1.91% and a negative net margin of 3.39%. FARO Technologies's quarterly revenue was up 13.8% compared to the same quarter last year. During the same quarter last year, the company earned ($0.09) 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 Monday, July, 30th 2018. View Earnings Estimates for FARO Technologies.

What price target have analysts set for FARO?

6 analysts have issued 1-year price objectives for FARO Technologies' stock. Their forecasts range from $38.00 to $68.00. On average, they anticipate FARO Technologies' stock price to reach $56.60 in the next twelve months. This suggests that the stock has a possible downside of 2.3%. View Analyst Ratings for FARO Technologies.

What is the consensus analysts' recommendation for FARO Technologies?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for FARO Technologies in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

What are Wall Street analysts saying about FARO Technologies stock?

Here are some recent quotes from research analysts about FARO Technologies stock:
  • 1. According to Zacks Investment Research, "FARO Technologies, Inc. is the world's most trusted source for 3D measurement technology. The Company develops and markets computer-aided measurement and imaging devices and software. Technology from FARO permits high-precision 3D measurement, imaging and comparison of parts and complex structures within production and quality assurance processes. The devices are used for inspecting components and assemblies, rapid prototyping, documenting large volume spaces or structures in 3D, surveying and construction, as well as for investigation and reconstruction of accident sites or crime scenes. FARO Technologies capture and analysis of on-site real world data to investigate crash, crime and fire, plan security activities and provide virtual reality training for public safety personnel, and also Capture detailed and precise 3D data from existing products permitting CAD analysis and redesign, after market design and legacy part replication. " (5/2/2018)
  • 2. Canaccord Genuity analysts commented, "We reiterate a BUY rating on FARO as the company appears well positioned to deliver operating leverage as revenue growth rates recover into the mid-teens. New product introductions and investments in emerging verticals should drive more sustainable growth going forward. We are increasing our estimates and take our price target to $62 based on newly introduced 2019 numbers." (2/22/2018)

Who are some of FARO Technologies' key competitors?

Who are FARO Technologies' key executives?

FARO Technologies' management team includes the folowing people:
  • Dr. Simon Raab, Co-Founder, Chairman, CEO & Pres (Age 65)
  • Mr. Robert E. Seidel Jr., Chief Financial Officer (Age 43)
  • Ms. Kathleen J. Hall, Chief Operating Officer (Age 57)
  • Mr. Jody S. Gale, Sr. VP, Gen. Counsel & Corp. Sec. (Age 43)
  • Mr. Joseph Arezone, Exec. Officer (Age 52)

Has FARO Technologies been receiving favorable news coverage?

Media coverage about FARO stock has been trending somewhat positive this week, according to Accern Sentiment Analysis. The research firm ranks the sentiment of news coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. FARO Technologies earned a daily sentiment score of 0.11 on Accern's scale. They also assigned press coverage about the scientific and technical instruments company an impact score of 45.43 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the near future.

Who are FARO Technologies' major shareholders?

FARO Technologies' stock is owned by a variety of of retail and institutional investors. Top institutional investors include Baillie Gifford & Co. (1.83%), Fisher Asset Management LLC (0.42%), Nisa Investment Advisors LLC (0.15%) and Municipal Employees Retirement System of Michigan (0.03%). Company insiders that own FARO Technologies stock include Jody Storm Gale, John Donofrio 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 Fisher Asset Management LLC and Municipal Employees Retirement System of Michigan. Company insiders that have sold FARO Technologies company stock in the last year include Jody Storm Gale, John Donofrio and Simon Raab. View Insider Buying and Selling for FARO Technologies.

Which major investors are buying FARO Technologies stock?

FARO stock was purchased by a variety of institutional investors in the last quarter, including Nisa Investment Advisors LLC and Baillie Gifford & Co.. 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 $57.95.

How big of a company is FARO Technologies?

FARO Technologies has a market capitalization of $972.71 million and generates $360.92 million in revenue each year. The scientific and technical instruments company earns $-14,510,000.00 in net income (profit) each year or $0.29 on an earnings per share basis. FARO Technologies employs 1,669 workers across the globe.

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:  2.6 out of 5 (star star)
Outperform Votes:  275 (Vote Outperform)
Underperform Votes:  251 (Vote Underperform)
Total Votes:  526
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 7/20/2018 by MarketBeat.com Staff

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