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: Electrical Components & Equipment
  • Sub-Industry: Electronic Equipment & Instruments
  • Symbol: NASDAQ:FARO
  • CUSIP: 31164210
  • Web: www.faro.com
Capitalization:
  • Market Cap: $625.71 million
  • Outstanding Shares: 16,708,000
Average Prices:
  • 50 Day Moving Avg: $37.17
  • 200 Day Moving Avg: $36.17
  • 52 Week Range: $29.00 - $40.60
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 53.50
  • P/E Growth: -19.31
Sales & Book Value:
  • Annual Revenue: $335.54 million
  • Price / Sales: 1.86
  • Book Value: $20.92 per share
  • Price / Book: 1.79
Profitability:
  • EBITDA: $13.5 million
  • Net Margins: -0.13%
  • Return on Equity: -0.13%
  • Return on Assets: -0.10%
Debt:
  • Current Ratio: 3.96%
  • Quick Ratio: 3.14%
Misc:
  • Average Volume: 101,343 shs.
  • Beta: 1.37
  • Short Ratio: 8.95
 

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) posted its earnings results on Tuesday, August, 1st. The company reported ($0.22) EPS for the quarter, missing analysts' consensus estimates of $0.12 by $0.34. The firm had revenue of $82.68 million for the quarter, compared to the consensus estimate of $87.65 million. FARO Technologies had a negative net margin of 0.13% and a negative return on equity of 0.13%. The firm's revenue was up 5.3% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.20 earnings per share. View FARO Technologies' Earnings History.

When will FARO Technologies make its next earnings announcement?

FARO Technologies is scheduled to release their next quarterly earnings announcement on Monday, October, 30th 2017. View Earnings Estimates for FARO Technologies.

Where is FARO Technologies' stock going? Where will FARO Technologies' stock price be in 2017?

6 analysts have issued 1-year target prices for FARO Technologies' stock. Their predictions range from $33.00 to $45.00. On average, they expect FARO Technologies' stock price to reach $39.40 in the next year. View Analyst Ratings for FARO Technologies.

Who are some of FARO Technologies' key competitors?

Who are FARO Technologies' key executives?

FARO Technologies' management team includes the folowing people:

  • Simon Raab Ph.D., Chairman of the Board, Interim President and Chief Executive Officer, Co-Founder
  • Robert E. Seidel Jr., Chief Financial Officer, Principal Financial Officer, Principal Accounting Officer, Vice President - Finance, Investor Relations
  • Kathleen J. Hall, Chief Operating Officer
  • Jody Storm Gale, Senior Vice President, General Counsel, Corporate Secretary
  • Janet D'Anjou, Vice President - Finance and Corporate Development
  • Joseph Arezone, Chief Commercial Officer
  • Katrona Tyrrell, Chief People Officer
  • Stephen R. Cole, Lead Independent Director
  • Lynn Brubaker, Independent Director
  • John Edward Caldwell, Independent Director

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.

What is FARO Technologies' stock price today?

One share of FARO Technologies stock can currently be purchased for approximately $37.45.


MarketBeat Community Rating for FARO Technologies (NASDAQ FARO)
Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  190 (Vote Outperform)
Underperform Votes:  179 (Vote Underperform)
Total Votes:  369
MarketBeat's community ratings are surveys of what our community members think about FARO Technologies and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for FARO Technologies (NASDAQ:FARO) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 2 Hold Ratings, 4 Buy Ratings
Consensus Rating:Buy (Score: 2.67)
Consensus Price Target: $39.40 (5.21% upside)
Consensus Price Target History for FARO Technologies (NASDAQ:FARO)
Price Target History for FARO Technologies (NASDAQ:FARO)
Analysts' Ratings History for FARO Technologies (NASDAQ:FARO)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/6/2017Stifel NicolausSet Price TargetHold$33.00N/AView Rating Details
8/9/2017GabelliDowngradeBuy -> HoldLowView Rating Details
8/3/2017Noble FinancialReiterated RatingBuyMediumView Rating Details
8/3/2017Canaccord GenuityBoost Price TargetBuy$38.00 -> $42.00LowView Rating Details
6/27/2017Craig HallumInitiated CoverageBuy$45.00HighView Rating Details
5/30/2017Needham & Company LLCBoost Price TargetBuy -> Buy$37.00 -> $39.00LowView 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
(Data available from 10/22/2015 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
10/30/2017$0.05N/AView Earnings Details
8/1/2017Q2 2017$0.12($0.22)$87.65 million$82.68 millionViewListenView Earnings Details
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: 2.40%
Institutional Ownership Percentage: 94.64%
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)
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Chart

FARO Technologies (FARO) Chart for Sunday, October, 22, 2017

This page was last updated on 10/22/2017 by MarketBeat.com Staff

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