NASDAQ:FARO - FARO Technologies Stock Price, News & Analysis

FARO Technologies trades on the NASDAQ under the ticker symbol "FARO."

FARO Technologies, Inc. (NASDAQ:FARO) posted its quarterly earnings results on Wednesday, July, 24th. The scientific and technical instruments company reported $0.14 EPS for the quarter, beating the consensus estimate of ($0.13) by $0.27. The scientific and technical instruments company earned $93.50 million during the quarter, compared to analysts' expectations of $96.32 million. FARO Technologies had a positive return on equity of 3.42% and a negative net margin of 0.75%. The firm's revenue was down 4.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.07 EPS. View FARO Technologies' Earnings History.

FARO Technologies is scheduled to release their next quarterly earnings announcement on Wednesday, October 30th 2019. View Earnings Estimates for FARO Technologies.

5 Wall Street analysts have issued 12-month target prices for FARO Technologies' shares. Their forecasts range from $43.77 to $82.00. On average, they expect FARO Technologies' stock price to reach $57.6925 in the next twelve months. This suggests a possible upside of 13.8% from the stock's current price. View Analyst Price Targets for FARO Technologies.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for FARO Technologies in the last year. There are currently 4 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for FARO Technologies.

News coverage about FARO stock has been trending positive recently, according to InfoTrie Sentiment Analysis. The research firm rates the sentiment of press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. FARO Technologies earned a media sentiment score of 2.5 on InfoTrie's scale. They also gave press coverage about the scientific and technical instruments company a news buzz of 6.0 out of 10, meaning that recent press coverage is somewhat likely to have an impact on the stock's share price in the immediate future. View News Stories for FARO Technologies.

FARO Technologies saw a increase in short interest during the month of July. As of July 31st, there was short interest totalling 1,002,500 shares, an increase of 6.3% from the June 30th total of 943,400 shares. Based on an average daily trading volume, of 101,200 shares, the days-to-cover ratio is presently 9.9 days. Approximately 5.9% of the company's shares are short sold. View FARO Technologies' Current Options Chain.

Some companies that are related to FARO Technologies include Cubic (CUB), MTS Systems (MTSC), Oxford Instruments (OXINF), Nanometrics (NANO), Geospace Technologies (GEOS), Midwest Energy Emissions (MEEC), Sierra Monitor (SRMC), Image Sensing Systems (ISNS), Know Labs (KNWN), Mikros Systems (MKRS), Mechanical Technology (MKTY) and Cemtrex (CETX).

Based on aggregate information from My MarketBeat watchlists, some companies that other FARO Technologies investors own include NVIDIA (NVDA), Alibaba Group (BABA), Baidu (BIDU), Fortinet (FTNT), GW Pharmaceuticals PLC- (GWPH), Xilinx (XLNX), The Coca-Cola (KO), Celgene (CELG), DexCom (DXCM) and Intel (INTC).

FARO Technologies' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (16.69%), Vanguard Group Inc. (10.53%), Primecap Management Co. CA (6.90%), Barrow Hanley Mewhinney & Strauss LLC (5.83%), Barrow Hanley Mewhinney & Strauss LLC (5.83%) and Baillie Gifford & Co. (2.28%). Company insiders that own FARO Technologies stock include Jody Storm Gale, John Donofrio, Kathleen Hall, Katrona Tyrrell and Simon Raab. View Institutional Ownership Trends for FARO Technologies.

FARO stock was sold by a variety of institutional investors in the last quarter, including Primecap Management Co. CA, Barrow Hanley Mewhinney & Strauss LLC, Barrow Hanley Mewhinney & Strauss LLC, Renaissance Technologies LLC, First Trust Advisors LP, Pinnacle Associates Ltd., Strs Ohio and United Services Automobile Association. Company insiders that have sold FARO Technologies company stock in the last year include John Donofrio, Kathleen Hall and Simon Raab. View Insider Buying and Selling for FARO Technologies.

FARO stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Nuveen Asset Management LLC, Morgan Stanley, Potrero Capital Research LLC, Eagle Asset Management Inc., Pinebridge Investments L.P., Vanguard Group Inc. and JPMorgan Chase & Co.. View Insider Buying and Selling for 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.

One share of FARO stock can currently be purchased for approximately $50.68.

FARO Technologies has a market capitalization of $878.74 million and generates $403.63 million in revenue each year. The scientific and technical instruments company earns $4.93 million in net income (profit) each year or $0.46 on an earnings per share basis. FARO Technologies employs 1,862 workers across the globe.View Additional Information About FARO Technologies.

The official website for FARO Technologies is http://www.faro.com/.

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 or via email at [email protected]