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

$63.45 +0.30 (+0.48 %)

(As of 04/23/2018 03:41 AM ET)

Previous Close$63.45

Today's Range$62.80 - $63.80

52-Week Range$32.00 - $65.35

Volume70,950 shs

Average Volume81,049 shs

Market Capitalization$1.08 billion

P/E Ratio218.79

Dividend YieldN/A

Beta1.43

About Faro Technologies (NASDAQ:FARO)

FARO 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

Industry Measuring & controlling devices, not elsewhere classified

Sub-IndustryElectronic Equipment & Instruments

SectorComputer and Technology

SymbolNASDAQ:FARO

CUSIP31164210

Webwww.faro.com

Phone407-333-9911

Debt

Debt-to-Equity RatioN/A

Current Ratio3.88%

Quick Ratio3.17%

Price-To-Earnings

Trailing P/E Ratio218.79

Forward P/E Ratio61.60

P/E GrowthN/A

Sales & Book Value

Annual Sales$360.92 million

Price / Sales2.98

Cash Flow$1.2844 per share

Price / Cash49.40

Book Value$21.07 per share

Price / Book3.01

Profitability

EPS (Most Recent Fiscal Year)$0.29

Net Income$-14,510,000.00

Net Margins-4.02%

Return on Equity1.39%

Return on Assets1.11%

Miscellaneous

Employees1,669

Outstanding Shares16,950,000

How to Become a New Pot Stock Millionaire

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 (NASDAQ:FARO) announced its quarterly earnings results on Wednesday, February, 21st. The scientific and technical instruments company reported $0.50 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.36 by $0.14. The scientific and technical instruments company had revenue of $106.40 million for the quarter, compared to analyst estimates of $104.31 million. Faro Technologies had a positive return on equity of 1.39% and a negative net margin of 4.02%. Faro Technologies's quarterly revenue was up 16.0% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.21 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, 25th 2018. View Earnings Estimates for Faro Technologies.

What price target have analysts set for FARO?

6 analysts have issued twelve-month target prices 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 year. View Analyst Ratings for Faro Technologies.

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. " (2/26/2018)
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?

Some companies that are related to Faro Technologies include Yirendai (YRD), Plantronics (PLT), Alteryx (AYX), Power Integrations (POWI), Plexus (PLXS), Q2 (QTWO), Cloudera (CLDR), Acxiom (ACXM), Pitney Bowes (PBI), Sanmina (SANM), ConvergeOne (CVON), Netgear (NTGR), SMA Solar Technology (S92), Mindbody (MB), MongoDB (MDB), CyberArk (CYBR), Varonis Systems (VRNS) and Dialog Semiconductor (DLGNF).

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, Sr. VP of Corp. Strategy & Initiatives (Age 52)

Has Faro Technologies been receiving favorable news coverage?

News headlines about FARO stock have trended somewhat negative this week, according to Accern. Accern ranks the sentiment of news coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Faro Technologies earned a news sentiment score of -0.06 on Accern's scale. They also gave media headlines about the scientific and technical instruments company an impact score of 45.64 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the near future.

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 $63.45.

How big of a company is Faro Technologies?

Faro Technologies has a market capitalization of $1.08 billion 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 (FARO)

Community Ranking:		2.6 out of 5 ( )
Outperform Votes:		253 (Vote Outperform)
Underperform Votes:		225 (Vote Underperform)
Total Votes:		478

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.

Faro Technologies (NASDAQ:FARO) Price Target and Consensus Rating

(How are Consensus Ratings Calculated?)

6 Wall Street analysts have issued ratings and price targets for Faro Technologies in the last 12 months. Their average twelve-month price target is $56.60, suggesting that the stock has a possible downside of 10.80%. The high price target for FARO is $68.00 and the low price target for FARO is $38.00. There are currently 2 hold ratings and 4 buy ratings for the stock, resulting in a consensus rating of "Buy."

	Today	30 Days Ago	90 Days Ago	180 Days Ago
Consensus Rating:	Buy	Buy	Buy	Buy
Consensus Rating Score:	2.67	2.67	2.67	2.67
Ratings Breakdown:	0 Sell Rating(s) 2 Hold Rating(s) 4 Buy Rating(s) 0 Strong Buy Rating(s)	0 Sell Rating(s) 2 Hold Rating(s) 4 Buy Rating(s) 0 Strong Buy Rating(s)	0 Sell Rating(s) 2 Hold Rating(s) 4 Buy Rating(s) 0 Strong Buy Rating(s)	0 Sell Rating(s) 2 Hold Rating(s) 4 Buy Rating(s) 0 Strong Buy Rating(s)
Consensus Price Target:	$56.60	$56.60	$49.80	$39.40
Price Target Upside:	10.80% downside	5.67% downside	6.74% downside	2.87% upside

Faro Technologies (NASDAQ:FARO) Consensus Price Target History

Price Target History for Faro Technologies (NASDAQ:FARO)

Faro Technologies (NASDAQ:FARO) Analyst Ratings History

Show:

Date	Brokerage	Action	Rating	Price Target	Impact on Share Price
2/23/2018	Noble Financial	Reiterated Rating	Buy		Medium
2/23/2018	Needham & Company LLC	Boost Price Target	Buy	$65.00	Low
2/23/2018	Craig Hallum	Reiterated Rating	Buy	$60.00 -> $68.00	Low
2/22/2018	Canaccord Genuity	Reiterated Rating	Buy	$66.00	Low
10/30/2017	Stifel Nicolaus	Boost Price Target	Hold -> Hold	$33.00 -> $46.00	N/A
8/9/2017	Gabelli	Downgrade	Buy -> Hold		Low
5/11/2016	FBR & Co	Reiterated Rating	Market Perform	$34.00	N/A

(Data available from 4/23/2016 forward)

Faro Technologies (NASDAQ:FARO) Earnings History and Estimates Chart

Earnings by Quarter for Faro Technologies (NASDAQ:FARO)

Faro Technologies (NASDAQ:FARO) Earnings Estimates

Current Year EPS Consensus Estimate: $1.03 EPS
Next Year EPS Consensus Estimate: $2.09 EPS

Faro Technologies (NASDAQ FARO) Earnings History by Quarter

Date	Quarter	Consensus Estimate	Actual EPS	Revenue Estimate	Actual Revenue	Release Link	Conference Call
4/25/2018		$0.08					N/A
2/21/2018	Q4 2017	$0.36	$0.50	$104.31 million	$106.40 million	View	N/A
10/26/2017	Q3 2017	($0.04)	$0.10	$89.34 million	$90.25 million	View	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
11/3/2010	Q3 2010	$0.15	$0.14			View	N/A
8/4/2010	Q2 2010	$0.18	$0.11			View	N/A
5/5/2010	Q1 2010	$0.01	$0.13			View	N/A
2/24/2010	Q4 2009	$0.02	$0.12			View	N/A
11/4/2009	Q3 2009	($0.16)	($0.08)			View	N/A
7/29/2009	Q2 2009	($0.16)	($0.13)			View	N/A
4/29/2009	Q1 2009	($0.24)	($0.30)			View	N/A
2/12/2009	Q4 2008	$0.13	$0.13			View	N/A
10/29/2008	Q3 2008	$0.20	$0.12			View	N/A
7/29/2008	Q2 2008	$0.39	$0.38			View	N/A
4/30/2008	Q1 2008	$0.26	$0.20			View	N/A
2/13/2008	Q4 2007	$0.31	$0.50			View	N/A

(Earnings results data provided by Zacks Investment Research)

Faro Technologies (NASDAQ:FARO) Dividend History by Quarter

Announced	Period	Amount	Yield	Ex-Dividend Date	Record Date	Payable Date

(Data available from 1/1/2013 forward)

Faro Technologies (NASDAQ FARO) Insider Trading and Institutional Ownership History

Insider Ownership Percentage: 3.10%
Institutional Ownership Percentage: 92.58%

Insider Trading History for Faro Technologies (NASDAQ:FARO)

Institutional Ownership by Quarter for Faro Technologies (NASDAQ:FARO)

Faro Technologies (NASDAQ FARO) Insider Trading History

Transaction Date	Insider Name	Title	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
3/16/2018	Simon Raab	Insider	Sell	11,700	$59.93	$701,181.00	38,478
3/9/2018	Jody Storm Gale	SVP	Sell	10,666	$59.77	$637,506.82
5/6/2016	Stephen Cole	Director	Buy	5,000	$33.80	$169,000.00	19,196
11/6/2015	Marvin R Sambur	Director	Buy	2,200	$24.96	$54,912.00	21,273
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	1,313
3/4/2014	Joseph Arezone	SVP	Sell	2,557	$57.06	$145,902.42	388
1/2/2014	Lynn Brubaker	Director	Sell	7,949	$57.21	$454,762.29	3,643
11/5/2013	Keith Bair	CFO	Sell	14,846	$51.89	$770,358.94	3,260
5/3/2013	Keith S Bair	CFO	Buy	4,000	$34.29	$137,160.00

(Data available from 1/1/2013 forward)

Faro Technologies (NASDAQ FARO) News Headlines

Source:

Date	Headline
	Financial Review: Sierra Monitor (SRMC) versus Faro Technologies (FARO) www.americanbankingnews.com - April 22 at 7:26 AM
	Brokerages Anticipate Faro Technologies (FARO) Will Post Earnings of $0.09 Per Share www.americanbankingnews.com - April 21 at 3:14 AM
	Faro Technologies (FARO) Scheduled to Post Earnings on Wednesday www.americanbankingnews.com - April 20 at 8:16 PM
	FARO Invites You to Join Its First Quarter 2018 Earnings Conference Call finance.yahoo.com - April 19 at 4:57 PM
	Head to Head Contrast: Faro Technologies (FARO) versus Image Sensing Systems (ISNS) www.americanbankingnews.com - April 19 at 11:21 AM
	Consolidated Research: 2018 Summary Expectations for Solar Capital, Summit ... globenewswire.com - April 18 at 5:04 PM
	The Zacks Analyst Blog Highlights: Kohl's, FARO Technologies, Copart, Burlington Stores and Applied Materials finance.yahoo.com - April 17 at 9:24 AM
	Gabelli Downgrades FARO Technologies (FARO) to Hold www.americanbankingnews.com - April 13 at 6:01 PM
	FARO Technologies (FARO) Price Target Raised to $42.00 at Canaccord Genuity www.americanbankingnews.com - April 13 at 3:16 PM
	Global LiDAR Drone Market Report 2018-2023 - Major Players are Velodyne LiDAR, Phoenix Aerial Systems, Faro Technology, Leica Geosystems, and Trimble Navigation ... www.businesswire.com - April 12 at 4:51 PM
	FARO Technologies (FARO) Cut to "Hold" at Gabelli www.americanbankingnews.com - April 11 at 6:45 PM
	FARO® Introduces CAM2 2018 3D Measurement Software Platform finance.yahoo.com - April 11 at 9:38 AM
	Thermo Fisher Scientific (TMO) and FARO Technologies (FARO) Financial Review www.americanbankingnews.com - April 8 at 3:12 PM
	FARO Technologies (FARO) Upgraded to Hold at Zacks Investment Research www.americanbankingnews.com - April 8 at 9:36 AM
	$94.05 Million in Sales Expected for FARO Technologies, Inc. (FARO) This Quarter www.americanbankingnews.com - April 6 at 4:43 AM
	Stifel Nicolaus Raises FARO Technologies (FARO) Price Target to $46.00 www.americanbankingnews.com - April 4 at 3:32 PM
	FARO Technologies (FARO) Earns "Buy" Rating from Canaccord Genuity www.americanbankingnews.com - April 4 at 2:26 PM
	FARO Technologies, Inc. (FARO) Expected to Post Earnings of $0.09 Per Share www.americanbankingnews.com - April 4 at 3:04 AM
	FARO Technologies, Inc. (FARO) Receives Consensus Recommendation of "Buy" from Analysts www.americanbankingnews.com - March 31 at 7:46 PM
	FARO Technologies (FARO) Lifted to "Hold" at BidaskClub www.americanbankingnews.com - March 30 at 9:26 AM
	Head-To-Head Survey: VASCO Data Security International (VDSI) versus FARO Technologies (FARO) www.americanbankingnews.com - March 23 at 9:16 PM
	Edited Transcript of FARO earnings conference call or presentation 22-Feb-18 1:15pm GMT finance.yahoo.com - March 23 at 9:02 AM
	FARO Technologies, Inc. (FARO) Expected to Announce Quarterly Sales of $93.70 Million www.americanbankingnews.com - March 20 at 8:30 AM
	FARO Technologies, Inc. (FARO) Insider Sells $701,181.00 in Stock www.americanbankingnews.com - March 19 at 7:28 PM
	Brokerages Anticipate FARO Technologies, Inc. (FARO) to Announce $0.07 EPS www.americanbankingnews.com - March 18 at 1:20 AM
	FARO Technologies (FARO) Raised to "Buy" at BidaskClub www.americanbankingnews.com - March 14 at 7:50 PM
	FARO® Introduces BuildIT Construction Software Platform for AEC Professionals finance.yahoo.com - March 13 at 9:16 AM
	Jody Storm Gale Sells 10,666 Shares of FARO Technologies, Inc. (FARO) Stock www.americanbankingnews.com - March 12 at 7:38 PM
	Analyzing FARO Technologies (FARO) & NL Industries (NL) www.americanbankingnews.com - March 8 at 5:11 PM
	FARO Technologies, Inc. (FARO) Receives Average Recommendation of "Buy" from Brokerages www.americanbankingnews.com - March 6 at 7:36 PM
	$93.70 Million in Sales Expected for FARO Technologies, Inc. (FARO) This Quarter www.americanbankingnews.com - March 2 at 2:28 AM
	$0.08 EPS Expected for FARO Technologies, Inc. (FARO) This Quarter www.americanbankingnews.com - February 28 at 11:10 PM
	FARO® Introduces VR-Enabled FARO ZONE 3D 2018 finance.yahoo.com - February 28 at 5:21 PM
	37,597 Shares in FARO Technologies, Inc. (FARO) Acquired by Princeton Capital Management LLC www.americanbankingnews.com - February 27 at 8:26 AM
	FARO Technologies (FARO) Rating Increased to Strong-Buy at Zacks Investment Research www.americanbankingnews.com - February 27 at 12:08 AM
	FARO Technologies (FARO) Receives Buy Rating from Noble Financial www.americanbankingnews.com - February 24 at 11:58 AM
	FARO Technologies (FARO) Price Target Raised to $65.00 at Needham & Company LLC www.americanbankingnews.com - February 23 at 9:12 AM
	FARO Technologies (FARO) Stock Rating Reaffirmed by Craig Hallum www.americanbankingnews.com - February 23 at 9:12 AM
	Canaccord Genuity Reaffirms Buy Rating for FARO Technologies (FARO) www.americanbankingnews.com - February 22 at 5:02 PM
	FARO Technologies (FARO) Announces Earnings Results www.americanbankingnews.com - February 22 at 10:51 AM
	Faro Technologies reports 4Q loss finance.yahoo.com - February 22 at 8:57 AM
	FARO Reports Fourth Quarter and Fiscal Year 2017 Financial Results finance.yahoo.com - February 21 at 4:57 PM
	With A -99.47% Earnings Drop Lately, Did FARO Technologies Inc (NASDAQ:FARO) Underperform Its Industry? finance.yahoo.com - February 21 at 4:57 PM
	FARO Invites You to Join Its Fourth Quarter and Fiscal Year 2017 Earnings Conference Call finance.yahoo.com - February 15 at 4:51 PM
	FARO Technologies (FARO) to Release Earnings on Tuesday www.americanbankingnews.com - February 13 at 2:56 AM
	FARO Technologies, Inc. (FARO) Expected to Post Earnings of $0.36 Per Share www.americanbankingnews.com - February 12 at 10:44 AM
	FARO Technologies, Inc. (FARO) Receives Consensus Rating of "Hold" from Analysts www.americanbankingnews.com - February 9 at 7:30 PM
	FARO Technologies (FARO) Stock Rating Lowered by Zacks Investment Research www.americanbankingnews.com - February 6 at 11:06 PM
	New FARO® Design ScanArm® 2.0 Improves Product Design Workflow finance.yahoo.com - February 6 at 9:23 AM
	FARO Technologies, Inc. (FARO) Expected to Announce Quarterly Sales of $104.08 Million www.americanbankingnews.com - January 28 at 4:48 AM

Faro Technologies (NASDAQ:FARO) SEC Filings

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Faro Technologies (NASDAQ:FARO) Income Statement, Balance Sheet and Cash Flow Statement

Faro Technologies (NASDAQ FARO) Stock Chart for Monday, April, 23, 2018

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This page was last updated on 4/23/2018 by MarketBeat.com Staff