FARO 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: $622.37 million
- Outstanding Shares: 16,708,000
Average Prices:- 50 Day Moving Avg: $34.45
- 200 Day Moving Avg: $35.61
- 52 Week Range: $29.00 - $40.60
P/E:- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 53.07
- P/E Growth: -18.44
Sales & Book Value:- Annual Revenue: $335.54 million
- Price / Sales: 1.85
- Book Value: $20.92 per share
- Price / Book: 1.78
Profitability:- EBIDTA: $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: 94,203 shs.
- Beta: 1.36
- 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) issued its earnings results on Tuesday, August, 1st. The company reported ($0.22) earnings per share for the quarter, missing the Zacks' consensus estimate of $0.12 by $0.34. The business had revenue of $82.68 million for the quarter, compared to analyst estimates of $87.65 million. FARO Technologies had a negative return on equity of 0.13% and a negative net margin of 0.13%. The firm's revenue for the quarter was up 5.3% on a year-over-year basis. During the same period last year, the company posted $0.20 earnings per share. View FARO Technologies' Earnings History.
When will FARO Technologies make its next earnings announcement?
Where is FARO Technologies' stock going? Where will FARO Technologies' stock price be in 2017?
5 equities research analysts have issued 12 month price objectives for FARO Technologies' shares. Their forecasts range from $38.00 to $45.00. On average, they anticipate FARO Technologies' stock price to reach $41.00 in the next year. View Analyst Ratings for FARO Technologies.
Who are some of FARO Technologies' key competitors?
Some companies that are related to FARO Technologies include General Cable Corporation (BGC), Chase (CCF), MTS Systems Corporation (MTSC), GrafTech International Ltd (GTI), Oxford Instruments plc (OXIG), Kimball Electronics (KE), XP Power (XPP), NL Industries (NL), Judges Scientific PLC (JDG), American Superconductor Corporation (AMSC), Volex PLC (VLX), Dewhurst plc (DWHT), Stadium Group plc (SDM), Polar Power (POLA), Elektron Technology PLC (EKT), Ilika plc (IKA), Apc Technology Group PLC (APC) and Transense Technologies plc (TRT).
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
Who owns FARO Technologies stock?
FARO Technologies' stock is owned by a number of of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (9.50%), Dimensional Fund Advisors LP (6.21%), TimesSquare Capital Management LLC (4.81%), Royce & Associates LP (4.20%), Bank of New York Mellon Corp (2.63%) and Franklin Resources Inc. (2.45%). Company insiders that own FARO Technologies stock include Marvin R Sambur and Stephen Cole. View Institutional Ownership Trends for FARO Technologies.
Who sold FARO Technologies stock? Who is selling FARO Technologies stock?
FARO Technologies' stock was sold by a variety of institutional investors in the last quarter, including Hodges Capital Management Inc., Bank of New York Mellon Corp, Piermont Capital Management Inc., AHL Partners LLP, Spark Investment Management LLC, Franklin Resources Inc., Citigroup Inc. and Public Sector Pension investment Board. View Insider Buying and Selling for FARO Technologies.
Who bought FARO Technologies stock? Who is buying FARO Technologies stock?
FARO Technologies' stock was purchased by a variety of institutional investors in the last quarter, including Vanguard Group Inc., Dimensional Fund Advisors LP, CWM LLC, Baillie Gifford & Co., Global X Management Co. LLC, Fisher Asset Management LLC, State Street Corp and TimesSquare Capital Management LLC. Company insiders that have bought FARO Technologies stock in the last two years include Marvin R Sambur and Stephen Cole. View Insider Buying and Selling for FARO Technologies.
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 $37.15.
MarketBeat Community Rating for FARO Technologies (NASDAQ FARO)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.
Consensus Ratings for FARO Technologies (NASDAQ:FARO) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 1 Hold Rating, 4 Buy Ratings |
| Consensus Rating: | Buy (Score: 2.80) |
| Consensus Price Target: | $41.00 (10.36% upside) |
Analysts' Ratings History for FARO Technologies (NASDAQ:FARO)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 8/9/2017 | Gabelli | Downgrade | Buy -> Hold | | Low |  |
| 8/3/2017 | Noble Financial | Reiterated Rating | Buy | | Medium | |
| 8/3/2017 | Canaccord Genuity | Boost Price Target | Buy | $38.00 -> $42.00 | Low | |
| 6/27/2017 | Craig Hallum | Initiated Coverage | Buy | $45.00 | High | |
| 5/30/2017 | Needham & Company LLC | Boost Price Target | Buy -> Buy | $37.00 -> $39.00 | Low | |
| 5/11/2016 | FBR & Co | Reiterated Rating | Market Perform | $34.00 | N/A | |
| 3/2/2016 | Sterne Agee CRT | Boost Price Target | | $30.00 -> $33.00 | N/A | |
| 1/21/2016 | Stephens | Upgrade | Equal Weight -> Overweight | | N/A | |
| 11/4/2015 | Oppenheimer Holdings, Inc. | Downgrade | Outperform -> Market Perform | | N/A | |
| 10/5/2015 | Robert W. Baird | Lower Price Target | Neutral | $48.00 -> $40.00 | N/A | |
(Data available from 9/20/2015 forward)
Earnings History for FARO Technologies (NASDAQ:FARO)Earnings History by Quarter for FARO Technologies (NASDAQ FARO)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 10/30/2017 | | $0.05 | | | | | N/A | |
| 8/1/2017 | Q2 2017 | $0.12 | ($0.22) | $87.65 million | $82.68 million | View | Listen | |
| 5/9/2017 | Q1 2017 | $0.05 | ($0.09) | $77.74 million | $81.60 million | View | Listen | |
| 2/22/2017 | Q416 | $0.35 | $0.21 | $93.76 million | $91.70 million | View | Listen | |
| 11/1/2016 | Q316 | $0.20 | $0.07 | $77.82 million | $79.60 million | View | Listen | |
| 8/2/2016 | Q216 | $0.28 | $0.20 | $84.38 million | $78.50 million | View | N/A | |
| 5/3/2016 | Q116 | $0.04 | $0.19 | $71.74 million | $75.70 million | View | Listen | |
| 2/24/2016 | Q415 | $0.32 | $0.60 | $89.55 million | $91.30 million | View | Listen | |
| 11/3/2015 | Q315 | $0.29 | ($0.05) | $84.10 million | $72.51 million | View | Listen | |
| 7/29/2015 | Q2 | $0.23 | $0.24 | $79.69 million | $83.80 million | View | Listen | |
| 4/28/2015 | Q115 | $0.12 | $0.04 | $72.63 million | $69.90 million | View | Listen | |
| 2/25/2015 | Q414 | $0.62 | $0.64 | $100.80 million | $104.20 million | View | Listen | |
| 10/28/2014 | Q314 | $0.34 | $0.38 | $79.90 million | $82.20 million | View | Listen | |
| 7/29/2014 | Q214 | $0.35 | $0.36 | $77.55 million | $82.10 million | View | Listen | |
| 4/29/2014 | Q114 | $0.28 | $0.29 | $74.24 million | $73.40 million | View | Listen | |
| 2/26/2014 | Q413 | $0.50 | $0.48 | $82.45 million | $89.90 million | View | Listen | |
| 10/31/2013 | Q313 | $0.21 | $0.29 | $66.27 million | $68.20 million | View | Listen | |
| 7/30/2013 | Q2 2013 | $0.29 | $0.21 | $70.56 million | $68.30 million | View | N/A | |
| 5/1/2013 | Q113 | $0.30 | $0.27 | $67.61 million | $65.40 million | View | Listen | |
| 2/27/2013 | Q4 2012 | $0.31 | $0.46 | $68.01 million | $80.67 million | View | Listen | |
| 10/31/2012 | Q312 | $0.35 | $0.21 | $68.05 million | $60.70 million | View | N/A | |
| 7/31/2012 | | $0.46 | $0.28 | | | View | N/A | |
| 5/1/2012 | | $0.31 | $0.39 | | | View | N/A | |
| 2/28/2012 | | $0.51 | $0.56 | | | View | N/A | |
| 11/2/2011 | | $0.30 | $0.38 | | | View | N/A | |
| 8/3/2011 | | $0.31 | $0.25 | | | View | N/A | |
| 5/5/2011 | | $0.21 | $0.20 | | | View | N/A | |
| 2/23/2011 | | $0.26 | $0.29 | | | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for FARO Technologies (NASDAQ:FARO)| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q2 2017 | 1 | $0.40 | $0.40 | $0.40 |
(Data provided by Zacks Investment Research)
Dividend History for FARO Technologies (NASDAQ:FARO)
No dividend announcements for this company have been tracked by MarketBeat.com
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)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 5/6/2016 | Stephen Cole | Director | Buy | 5,000 | $33.80 | $169,000.00 | |
| 11/6/2015 | Marvin R Sambur | Director | Buy | 2,200 | $24.96 | $54,912.00 | |
| 5/4/2015 | Stephen Cole | Director | Buy | 2,000 | $40.50 | $81,000.00 | |
| 2/26/2015 | Jay Freeland | CEO | Sell | 40,000 | $60.33 | $2,413,200.00 | |
| 5/29/2014 | Jody Storm Gale | SVP | Buy | 1,000 | $42.36 | $42,360.00 | |
| 3/11/2014 | Keith Bair | CFO | Sell | 1,592 | $54.80 | $87,241.60 | |
| 3/4/2014 | Joseph Arezone | SVP | Sell | 2,557 | $57.06 | $145,902.42 | |
| 1/2/2014 | Lynn Brubaker | Director | Sell | 7,949 | $57.21 | $454,762.29 | |
| 11/5/2013 | Keith Bair | CFO | Sell | 14,846 | $51.89 | $770,358.94 | |
| 5/3/2013 | Keith S Bair | CFO | Buy | 4,000 | $34.29 | $137,160.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for FARO Technologies (NASDAQ:FARO)
Latest Headlines for FARO Technologies (NASDAQ:FARO)
| Source: |
|
| Date | Headline |
|---|
 | FARO® Announces Innovative Visual Inspect™ for Inspection and Design
finance.yahoo.com - September 19 at 6:34 PM |
| FARO Technologies, Inc. – Value Analysis (NASDAQ:FARO) : September 19, 2017
finance.yahoo.com - September 18 at 11:25 PM |
 | FARO Technologies (FARO) and Smith (A.O.) Corporation (AOS) Head to Head Review
www.americanbankingnews.com - September 17 at 12:32 AM |
| Contrasting AZZ (AZZ) & FARO Technologies (FARO)
www.americanbankingnews.com - September 16 at 6:14 AM |
| FARO Technologies, Inc. breached its 50 day moving average in a Bullish Manner : FARO-US : September 15, 2017
finance.yahoo.com - September 15 at 7:03 PM |
| Smith (A.O.) Corporation (AOS) vs. FARO Technologies (FARO) Financial Contrast
www.americanbankingnews.com - September 13 at 6:20 AM |
| FARO Technologies, Inc. (FARO) Given Consensus Recommendation of "Hold" by Analysts
www.americanbankingnews.com - September 12 at 10:40 PM |
| Head to Head Analysis: FARO Technologies (FARO) versus Kimball Electronics (KE)
www.americanbankingnews.com - September 8 at 12:18 AM |
| $90.81 Million in Sales Expected for FARO Technologies, Inc. (FARO) This Quarter
www.americanbankingnews.com - September 4 at 8:44 AM |
| ValuEngine Upgrades FARO Technologies, Inc. (FARO) to Hold
www.americanbankingnews.com - September 3 at 12:48 PM |
| FARO Technologies, Inc. (FARO) Given Average Rating of "Hold" by Brokerages
www.americanbankingnews.com - August 18 at 10:38 PM |
| FARO® Extends Next Generation FaroArm® with Quantum M
finance.yahoo.com - August 17 at 7:48 PM |
| ETFs with exposure to FARO Technologies, Inc. : August 16, 2017
finance.yahoo.com - August 16 at 6:40 PM |
| Brokerages Expect FARO Technologies, Inc. (FARO) Will Post Quarterly Sales of $90.81 Million
www.americanbankingnews.com - August 16 at 3:42 AM |
| FARO Technologies, Inc. (NASDAQ:FARO) Rating Lowered to Strong Sell at Zacks Investment Research
www.americanbankingnews.com - August 7 at 7:30 PM |
| FARO Technologies, Inc. Forecasted to Earn FY2017 Earnings of ($0.20) Per Share (NASDAQ:FARO)
www.americanbankingnews.com - August 7 at 7:46 AM |
| FARO Technologies, Inc. (FARO) Cut to Sell at BidaskClub
www.americanbankingnews.com - August 5 at 8:02 PM |
| FY2020 EPS Estimates for FARO Technologies, Inc. Raised by Analyst (NASDAQ:FARO)
www.americanbankingnews.com - August 4 at 7:58 PM |
| Noble Financial Reaffirms "Buy" Rating for FARO Technologies, Inc. (NASDAQ:FARO)
www.americanbankingnews.com - August 4 at 9:08 AM |
| FARO Technologies, Inc. breached its 50 day moving average in a Bearish Manner : FARO-US : August 3, 2017
finance.yahoo.com - August 3 at 3:31 PM |
| FARO® Introduces Next Generation FaroArm®
finance.yahoo.com - August 3 at 3:31 PM |
| FARO Technologies, Inc. :FARO-US: Earnings Analysis: Q2, 2017 By the Numbers : August 3, 2017
finance.yahoo.com - August 3 at 3:31 PM |
| Edited Transcript of FARO earnings conference call or presentation 2-Aug-17 12:30pm GMT
finance.yahoo.com - August 3 at 12:27 AM |
| FARO Technologies, Inc. (FARO) Upgraded to "Hold" at ValuEngine
www.americanbankingnews.com - August 2 at 11:28 PM |
| FARO Technologies, Inc. (NASDAQ:FARO) Posts Earnings Results, Misses Estimates By $0.34 EPS
www.americanbankingnews.com - August 2 at 2:42 PM |
 | BRIEF-Faro Technologies Q2 loss per share $0.22
www.reuters.com - August 1 at 7:12 PM |
| FARO® Introduces Focus S 70 Laser Scanner
finance.yahoo.com - August 1 at 7:12 PM |
| FARO Reports Q2 2017 Financial Results and Announces the Completion of the Global Reorganization
finance.yahoo.com - August 1 at 7:12 PM |
| Faro Technologies reports 2Q loss
finance.yahoo.com - August 1 at 7:12 PM |
 | 3D Scanner Market Worth 5.90 Billion USD by 2023
www.marketwatch.com - August 1 at 4:21 AM |
| Analysts Expect FARO Technologies, Inc. (FARO) Will Post Quarterly Sales of $89.65 Million
www.americanbankingnews.com - July 29 at 7:45 AM |
| FARO Invites You to Join Its Second Quarter 2017 Earnings Conference Call
finance.yahoo.com - July 28 at 4:43 PM |
| Head to Head Comparison: FARO Technologies (FARO) versus Kyocera Corporation (KYO)
www.americanbankingnews.com - July 27 at 6:39 PM |
| FARO® Introduces SCENE 7.0 With Real Time, On-Site Registration
finance.yahoo.com - July 25 at 6:47 PM |
| FARO Technologies, Inc. (FARO) Given Consensus Recommendation of "Buy" by Brokerages
www.americanbankingnews.com - July 24 at 10:38 PM |
| Analysts Expect FARO Technologies, Inc. (NASDAQ:FARO) Will Announce Quarterly Sales of $89.65 Million
www.americanbankingnews.com - July 5 at 11:04 AM |
| Peru reveals replica of face of ancient female ruler
www.reuters.com - July 5 at 5:47 AM |
| Zacks: Analysts Anticipate FARO Technologies, Inc. (NASDAQ:FARO) to Announce $0.12 Earnings Per Share
www.americanbankingnews.com - July 3 at 12:32 PM |
| FARO Technologies, Inc. (FARO) Receives Average Recommendation of "Buy" from Analysts
www.americanbankingnews.com - June 27 at 10:42 PM |
| FARO Technologies, Inc. (FARO) Coverage Initiated by Analysts at Craig Hallum
www.americanbankingnews.com - June 27 at 9:34 PM |
 | Leading Companies In The Development Of Robotics And AI
seekingalpha.com - June 24 at 5:30 PM |
| FARO® Releases Revolutionary FARO ZONE 3D for Public Safety Professionals
finance.yahoo.com - June 15 at 7:17 PM |
| FARO Technologies, Inc. (FARO) Stock Rating Upgraded by ValuEngine
www.americanbankingnews.com - June 9 at 3:58 PM |
| Brokerages Anticipate FARO Technologies, Inc. (FARO) Will Post Quarterly Sales of $89.65 Million
www.americanbankingnews.com - June 9 at 2:56 PM |
| Analysts Anticipate FARO Technologies, Inc. (FARO) Will Post Earnings of $0.12 Per Share
www.americanbankingnews.com - June 7 at 10:16 AM |
| FARO Technologies (FARO) Presents At Stifel 2017 Technology, Internet & Media Conference - Slideshow
seekingalpha.com - June 6 at 5:31 PM |
| FARO Technologies, Inc. breached its 50 day moving average in a Bullish Manner : FARO-US : June 2, 2017
finance.yahoo.com - June 2 at 6:26 PM |
| FARO to Present at Stifel 2017 Technology, Internet & Media Conference
finance.yahoo.com - June 2 at 6:26 PM |
| ETFs with exposure to FARO Technologies, Inc. : May 31, 2017
finance.yahoo.com - May 31 at 5:07 PM |
| FARO Technologies, Inc. (FARO) PT Raised to $39.00
www.americanbankingnews.com - May 30 at 8:12 AM |
FARO Technologies (FARO) Chart for Wednesday, September, 20, 2017
