NASDAQ:FARO

FARO Technologies Stock Forecast, Price & News

$78.14
+1.09 (+1.41 %)
(As of 06/24/2021 01:05 PM ET)
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Today's Range
$76.98
$78.14
50-Day Range
$69.63
$89.23
52-Week Range
$49.34
$97.88
Volume697 shs
Average Volume102,732 shs
Market Capitalization$1.42 billion
P/E Ratio116.63
Dividend YieldN/A
Beta1.36
30 days | 90 days | 365 days | Advanced Chart
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FARO Technologies logo

About FARO Technologies

FARO Technologies, Inc. designs, develops, manufactures, markets, and supports software driven three-dimensional (3D) measurement, imaging, and realization solutions worldwide. It operates through three segments: 3D Manufacturing, Construction BIM, and Emerging Verticals. The company offers FaroArm, a combination of a portable articulated measurement arm, a computer, and CAM2 software programs; FARO Laser Projector, which provides a virtual template that operators and assemblers can use to quickly and accurately position components; and FARO Focus laser scanner to measure and collect a cloud of data points. In addition, the company offers FARO ScanPlan, a handheld mapper that captures two-dimensional floor plans; and FARO Software, a family of computer-aided design-based measurement and laser scanner software. FARO Technologies, Inc. offers its products for metrology, reverse engineering, factory automation, building information modeling, public safety, and other applications. FARO Technologies, Inc. was founded in 1981 and is headquartered in Lake Mary, Florida.

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MarketRank

Overall MarketRank

1.80 out of 5 stars

Computer And Technology Sector

184th out of 1,593 stocks

Measuring & Controlling Devices, Not Elsewhere Classified Industry

3rd out of 24 stocks

Analyst Opinion: 3.2Community Rank: 2.3Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 -
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FARO Technologies (NASDAQ:FARO) Frequently Asked Questions

Is FARO Technologies a buy right now?

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for FARO Technologies in the last year. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" FARO Technologies stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in FARO, but not buy additional shares or sell existing shares.
View analyst ratings for FARO Technologies
or view top-rated stocks.

What stocks does MarketBeat like better than FARO Technologies?

Wall Street analysts have given FARO Technologies a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but FARO Technologies wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is FARO Technologies' next earnings date?

FARO Technologies is scheduled to release its next quarterly earnings announcement on Tuesday, August 3rd 2021.
View our earnings forecast for FARO Technologies
.

How were FARO Technologies' earnings last quarter?

FARO Technologies, Inc. (NASDAQ:FARO) released its quarterly earnings results on Wednesday, April, 28th. The scientific and technical instruments company reported ($0.03) earnings per share for the quarter, topping analysts' consensus estimates of ($0.07) by $0.04. The scientific and technical instruments company had revenue of $76.33 million for the quarter, compared to analyst estimates of $77.90 million. FARO Technologies had a negative trailing twelve-month return on equity of 1.86% and a net margin of 4.07%.
View FARO Technologies' earnings history
.

How has FARO Technologies' stock been impacted by Coronavirus?

FARO Technologies' stock was trading at $49.62 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, FARO shares have increased by 57.5% and is now trading at $78.14.
View which stocks have been most impacted by COVID-19
.

What price target have analysts set for FARO?

3 brokerages have issued twelve-month price objectives for FARO Technologies' stock. Their forecasts range from $117.00 to $117.00. On average, they expect FARO Technologies' stock price to reach $117.00 in the next twelve months. This suggests a possible upside of 49.7% from the stock's current price.
View analysts' price targets for FARO Technologies
or view top-rated stocks among Wall Street analysts.

Who are FARO Technologies' key executives?

FARO Technologies' management team includes the following people:
  • Mr. Michael D. Burger, Pres, CEO & Director (Age 62, Pay $1.21M)
  • Mr. Allen L. Muhich, Chief Financial Officer (Age 54, Pay $561.34k)
  • Mr. Kevin Beadle, Sr. VP of Sales (Age 62, Pay $449.24k)
  • Ms. Katrona Tyrrell, Chief People Officer (Age 58, Pay $387.99k)
  • Ms. Janet D'Anjou, VP of Fin. and Corp. Devel. (Age 45)

What is Michael D. Burger's approval rating as FARO Technologies' CEO?

29 employees have rated FARO Technologies CEO Michael D. Burger on Glassdoor.com. Michael D. Burger has an approval rating of 35% among FARO Technologies' employees. This puts Michael D. Burger in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

Who are some of FARO Technologies' key competitors?

What other stocks do shareholders of FARO Technologies own?

Based on aggregate information from My MarketBeat watchlists, some companies that other FARO Technologies investors own include NVIDIA (NVDA), Marvell Technology (MRVL), Baidu (BIDU), ON Semiconductor (ON), Ambarella (AMBA), Inseego (INSG), Niu Technologies (NIU), Impinj (PI), Intuitive Surgical (ISRG) and JD.com (JD).

What is FARO Technologies' stock symbol?

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

Who are FARO Technologies' major shareholders?

FARO Technologies' stock is owned by a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (17.92%), Royce & Associates LP (5.81%), Paradice Investment Management LLC (4.42%), Dimensional Fund Advisors LP (2.92%), Polar Asset Management Partners Inc. (2.56%) and Goldman Sachs Group Inc. (2.39%). Company insiders that own FARO Technologies stock include John Donofrio, Katrona Tyrrell, Kevin Beadle and Yazid Tohme.
View institutional ownership trends for FARO Technologies
.

Which institutional investors are selling FARO Technologies stock?

FARO stock was sold by a variety of institutional investors in the last quarter, including Royce & Associates LP, Dimensional Fund Advisors LP, Renaissance Technologies LLC, Prospector Partners LLC, Millennium Management LLC, Goldman Sachs Group Inc., UBS Group AG, and Pinnacle Associates Ltd.. Company insiders that have sold FARO Technologies company stock in the last year include Katrona Tyrrell, Kevin Beadle, and Yazid Tohme.
View insider buying and selling activity for FARO Technologies
or view top insider-selling stocks.

Which institutional investors are buying FARO Technologies stock?

FARO stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Emerald Advisers LLC, Emerald Mutual Fund Advisers Trust, ARK Investment Management LLC, Arrowstreet Capital Limited Partnership, EAM Investors LLC, Penserra Capital Management LLC, and EAM Global Investors LLC.
View insider buying and selling activity for FARO Technologies
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is FARO Technologies' stock price today?

One share of FARO stock can currently be purchased for approximately $78.14.

How much money does FARO Technologies make?

FARO Technologies has a market capitalization of $1.42 billion and generates $303.77 million in revenue each year. The scientific and technical instruments company earns $630,000.00 in net income (profit) each year or ($0.46) on an earnings per share basis.

How many employees does FARO Technologies have?

FARO Technologies employs 1,364 workers across the globe.

What is FARO Technologies' official website?

The official website for FARO Technologies is www.faro.com.

Where are FARO Technologies' headquarters?

FARO Technologies is headquartered at 250 TECHNOLOGY PARK, LAKE MARY FL, 32746.

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 or via email at [email protected]


This page was last updated on 6/24/2021 by MarketBeat.com Staff
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