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 - NEC
  • Sub-Industry: Electronic Equipment & Instruments
  • Symbol: NASDAQ:FARO
  • CUSIP: 31164210
  • Web: www.faro.com
Capitalization:
  • Market Cap: $640.97 million
  • Outstanding Shares: 16,692,000
Average Prices:
  • 50 Day Moving Avg: $37.41
  • 200 Day Moving Avg: $36.18
  • 52 Week Range: $29.00 - $40.15
P/E:
  • Trailing P/E Ratio: 100.26
  • Foreward P/E Ratio: 33.71
  • P/E Growth: 5.13
Sales & Book Value:
  • Annual Revenue: $331.4 million
  • Price / Sales: 1.97
  • Book Value: $20.62 per share
  • Price / Book: 1.90
Profitability:
  • EBIDTA: $21.45 million
  • Net Margins: 1.98%
  • Return on Equity: 1.92%
  • Return on Assets: 1.54%
Debt:
  • Current Ratio: 4.27%
  • Quick Ratio: 3.47%
Misc:
  • Average Volume: 89,410 shs.
  • Beta: 1.3
  • Short Ratio: 5.94
 

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) released its quarterly earnings results on Tuesday, May, 9th. The company reported ($0.09) earnings per share for the quarter, missing the Zacks' consensus estimate of $0.05 by $0.14. The firm had revenue of $81.60 million for the quarter, compared to analyst estimates of $77.74 million. FARO Technologies had a net margin of 1.98% and a return on equity of 1.92%. FARO Technologies's revenue for the quarter was up 7.8% on a year-over-year basis. During the same period in the previous year, the business posted $0.19 earnings per share. View FARO Technologies' Earnings History.

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

4 brokerages have issued twelve-month price objectives for FARO Technologies' shares. Their forecasts range from $38.00 to $45.00. On average, they expect FARO Technologies' share price to reach $40.67 in the next twelve months. 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, Vice President - Finance and Investor Relations
  • Kathleen J. Hall, Chief Operating Officer
  • Jody Storm Gale, Senior Vice President, General Counsel, Corporate Secretary
  • Stephen Bubar, Principal Accounting Officer, Vice President, Corporate Controller
  • 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

Who owns FARO Technologies stock?

FARO Technologies' stock is owned by a variety of of institutional and retail investors. Top institutional investors include Fisher Asset Management LLC (0.42%), CWM LLC (0.29%), Nisa Investment Advisors LLC (0.15%), Louisiana State Employees Retirement System (0.04%), Aperio Group LLC (0.04%) and State of Alaska Department of Revenue (0.02%). Company insiders that own FARO Technologies stock include Marvin R Sambur and Stephen Cole. View Institutional Ownership Trends for FARO Technologies.

Who bought FARO Technologies stock? Who is buying FARO Technologies stock?

FARO Technologies' stock was acquired by a variety of institutional investors in the last quarter, including CWM LLC, Fisher Asset Management LLC, State of Alaska Department of Revenue and Aperio Group 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 $39.10.


MarketBeat Community Rating for FARO Technologies (NASDAQ FARO)
Community Ranking:  2.6 out of 5 ( )
Outperform Votes:  152 (Vote Outperform)
Underperform Votes:  138 (Vote Underperform)
Total Votes:  290
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: 4 Buy Ratings
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $40.67 (4.01% upside)

Analysts' Ratings History for FARO Technologies (NASDAQ:FARO)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
6/27/2017Craig HallumInitiated CoverageBuy$45.00HighView Rating Details
5/30/2017Needham & Company LLCBoost Price TargetBuy -> Buy$37.00 -> $39.00LowView Rating Details
5/13/2017Noble FinancialReiterated RatingBuyLowView Rating Details
5/11/2017Canaccord GenuityReiterated RatingBuyLowView 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
10/5/2015Robert W. BairdLower Price TargetNeutral$48.00 -> $40.00N/AView Rating Details
(Data available from 7/20/2015 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
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: 93.42%
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)
Latest Headlines for FARO Technologies (NASDAQ:FARO)
Source:
DateHeadline
americanbankingnews.com logo Analysts Expect FARO Technologies, Inc. (NASDAQ:FARO) Will Announce Quarterly Sales of $89.65 Million
www.americanbankingnews.com - July 5 at 11:04 AM
reuters.com logoPeru reveals replica of face of ancient female ruler
www.reuters.com - July 5 at 5:47 AM
americanbankingnews.com logoZacks: Analysts Anticipate FARO Technologies, Inc. (NASDAQ:FARO) to Announce $0.12 Earnings Per Share
www.americanbankingnews.com - July 3 at 12:32 PM
americanbankingnews.com logoFARO Technologies, Inc. (FARO) Receives Average Recommendation of "Buy" from Analysts
www.americanbankingnews.com - June 27 at 10:42 PM
americanbankingnews.com logoFARO Technologies, Inc. (FARO) Coverage Initiated by Analysts at Craig Hallum
www.americanbankingnews.com - June 27 at 9:34 PM
seekingalpha.com logoLeading Companies In The Development Of Robotics And AI
seekingalpha.com - June 24 at 5:30 PM
finance.yahoo.com logoFARO® Releases Revolutionary FARO ZONE 3D for Public Safety Professionals
finance.yahoo.com - June 15 at 7:17 PM
americanbankingnews.com logoFARO Technologies, Inc. (FARO) Stock Rating Upgraded by ValuEngine
www.americanbankingnews.com - June 9 at 3:58 PM
americanbankingnews.com logo Brokerages Anticipate FARO Technologies, Inc. (FARO) Will Post Quarterly Sales of $89.65 Million
www.americanbankingnews.com - June 9 at 2:56 PM
americanbankingnews.com logo Analysts Anticipate FARO Technologies, Inc. (FARO) Will Post Earnings of $0.12 Per Share
www.americanbankingnews.com - June 7 at 10:16 AM
seekingalpha.com logoFARO Technologies (FARO) Presents At Stifel 2017 Technology, Internet & Media Conference - Slideshow
seekingalpha.com - June 6 at 5:31 PM
finance.yahoo.com logoFARO 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
finance.yahoo.com logoFARO to Present at Stifel 2017 Technology, Internet & Media Conference
finance.yahoo.com - June 2 at 6:26 PM
finance.yahoo.com logoETFs with exposure to FARO Technologies, Inc. : May 31, 2017
finance.yahoo.com - May 31 at 5:07 PM
americanbankingnews.com logoFARO Technologies, Inc. (FARO) PT Raised to $39.00
www.americanbankingnews.com - May 30 at 8:12 AM
finance.yahoo.com logoFARO Technologies, Inc. :FARO-US: Earnings Analysis: Q1, 2017 By the Numbers : May 29, 2017
finance.yahoo.com - May 29 at 10:39 AM
americanbankingnews.com logoFARO Technologies, Inc. (FARO) Rating Lowered to Sell at ValuEngine
www.americanbankingnews.com - May 16 at 4:32 PM
americanbankingnews.com logoFY2017 EPS Estimates for FARO Technologies, Inc. (FARO) Reduced by Analyst
www.americanbankingnews.com - May 15 at 8:45 AM
americanbankingnews.com logoFARO Technologies, Inc. (FARO) Short Interest Down 1.7% in April
www.americanbankingnews.com - May 15 at 7:48 AM
americanbankingnews.com logoFARO Technologies, Inc. (FARO) Price Target Cut to $37.00
www.americanbankingnews.com - May 14 at 12:32 AM
americanbankingnews.com logoFARO Technologies, Inc. (FARO) Receives Buy Rating from Canaccord Genuity
www.americanbankingnews.com - May 14 at 12:32 AM
americanbankingnews.com logo$86.61 Million in Sales Expected for FARO Technologies, Inc. (FARO) This Quarter
www.americanbankingnews.com - May 13 at 8:24 AM
americanbankingnews.com logoFARO Technologies, Inc. Expected to Post FY2019 Earnings of $1.50 Per Share (FARO)
www.americanbankingnews.com - May 12 at 6:36 PM
finance.yahoo.com logoFARO Technologies, Inc. breached its 50 day moving average in a Bearish Manner : FARO-US : May 11, 2017
finance.yahoo.com - May 11 at 5:44 PM
americanbankingnews.com logoFARO Technologies, Inc. (FARO) Issues Quarterly Earnings Results
www.americanbankingnews.com - May 11 at 3:25 PM
americanbankingnews.com logoZacks: Analysts Expect FARO Technologies, Inc. (FARO) Will Post Earnings of $0.23 Per Share
www.americanbankingnews.com - May 11 at 2:14 PM
finance.yahoo.com logoEdited Transcript of FARO earnings conference call or presentation 10-May-17 12:30pm GMT
finance.yahoo.com - May 10 at 10:17 PM
reuters.com logoBRIEF-Faro reports Q1 2017 financial results and status of renewal efforts
www.reuters.com - May 10 at 8:47 AM
finance.yahoo.com logoInvestor Network: FARO Technologies, Inc. to Host Earnings Call
finance.yahoo.com - May 10 at 8:47 AM
marketbeat.com logoFaro Technologies reports 1Q loss
marketbeat.com - May 9 at 6:01 PM
finance.yahoo.com logoFARO Reports Q1 2017 Financial Results and Status of Renewal Efforts
finance.yahoo.com - May 9 at 5:02 PM
americanbankingnews.com logoFARO Technologies (FARO) Getting Positive Press Coverage, Study Shows
www.americanbankingnews.com - May 4 at 1:09 AM
americanbankingnews.com logoFARO Technologies (FARO) Earning Negative Media Coverage, Report Shows
www.americanbankingnews.com - April 29 at 7:40 AM
finance.yahoo.com logoFARO Technologies, Inc. – Value Analysis (NASDAQ:FARO) : April 27, 2017
finance.yahoo.com - April 27 at 5:41 PM
americanbankingnews.com logoFARO Technologies (FARO) Earning Somewhat Positive News Coverage, AlphaOne Reports
www.americanbankingnews.com - April 27 at 1:12 AM
finance.yahoo.com logoFARO Technologies, Inc. breached its 50 day moving average in a Bullish Manner : FARO-US : April 26, 2017
finance.yahoo.com - April 26 at 10:26 PM
finance.yahoo.com logoFARO Invites You to Join Its First Quarter 2017 Earnings Conference Call
finance.yahoo.com - April 26 at 10:26 PM
americanbankingnews.com logoFARO Technologies, Inc. (FARO) Rating Lowered to Hold at Zacks Investment Research
www.americanbankingnews.com - April 26 at 7:22 PM
americanbankingnews.com logoFARO Technologies, Inc. (FARO) Stock Rating Upgraded by Zacks Investment Research
www.americanbankingnews.com - April 25 at 11:34 PM
finance.yahoo.com logoFARO® Introduces PointSense 18.0 Suite for Construction and Architecture
finance.yahoo.com - April 24 at 4:57 PM
americanbankingnews.com logoFARO Technologies (FARO) Receiving Somewhat Favorable Media Coverage, Study Finds
www.americanbankingnews.com - April 23 at 11:24 AM
bizjournals.com logoGlobal Articulated Arm Machine Market, 2023: Growing Demand for Portable Metrology Solutions - Research and Markets
www.bizjournals.com - April 22 at 4:50 PM
americanbankingnews.com logoFARO Technologies, Inc. (FARO) Expected to Announce Quarterly Sales of $77.61 Million
www.americanbankingnews.com - April 22 at 7:51 AM
americanbankingnews.com logoZacks: Brokerages Expect FARO Technologies, Inc. (FARO) Will Post Earnings of $0.05 Per Share
www.americanbankingnews.com - April 20 at 8:27 PM
americanbankingnews.com logoFARO Technologies (FARO) Given Media Sentiment Rating of 0.21
www.americanbankingnews.com - April 20 at 5:06 PM
finance.yahoo.com logoCrosby Announces Hiring of Chief Financial Officer
finance.yahoo.com - March 30 at 10:35 PM
uk.finance.yahoo.com logoFARO: Summary for FARO Technologies, Inc. - Yahoo Finance
uk.finance.yahoo.com - March 20 at 7:31 PM
businesswire.com logoGlobal LiDAR Market Insights, Opportunity Analysis, Market Shares and Forecast 2017-2023: Rising Use of Drone in Many Applications - Research and Markets
www.businesswire.com - March 6 at 9:46 AM
finance.yahoo.com logoFARO TECHNOLOGIES INC Financials
finance.yahoo.com - March 2 at 5:24 PM
biz.yahoo.com logoFARO TECHNOLOGIES INC Files SEC form 10-K, Annual Report
biz.yahoo.com - February 24 at 6:24 PM

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Chart

FARO Technologies (FARO) Chart for Thursday, July, 20, 2017

This page was last updated on 7/20/2017 by MarketBeat.com Staff