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

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$52.99 -2.40 (-4.33 %)
(As of 10/19/2018 09:23 AM ET)
Previous Close$55.39
Today's Range$52.89 - $55.10
52-Week Range$37.30 - $70.20
Volume60,314 shs
Average Volume78,950 shs
Market Capitalization$940.45 million
P/E Ratio182.72
Dividend YieldN/A
Beta1.55
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

Stock Exchange NASDAQ
Industry Measuring & controlling devices, not elsewhere classified
Sub-IndustryElectronic Equipment & Instruments
SectorComputer and Technology
SymbolNASDAQ:FARO
CUSIP31164210
Phone407-333-9911

Debt

Debt-to-Equity RatioN/A
Current Ratio4.16
Quick Ratio3.32

Price-To-Earnings

Trailing P/E Ratio182.72
Forward P/E Ratio63.84
P/E GrowthN/A

Sales & Book Value

Annual Sales$360.92 million
Price / Sales2.49
Cash Flow$1.2286 per share
Price / Cash43.13
Book Value$21.07 per share
Price / Book2.51

Profitability

EPS (Most Recent Fiscal Year)$0.29
Net Income$-14,510,000.00
Net Margins-2.00%
Return on Equity3.23%
Return on Assets2.54%

Miscellaneous

Employees1,669
Outstanding Shares16,980,000
Market Cap$940.45 million

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, Inc. (NASDAQ:FARO) released its earnings results on Wednesday, July, 25th. The scientific and technical instruments company reported $0.07 earnings per share (EPS) for the quarter, hitting the Zacks' consensus estimate of $0.07. The scientific and technical instruments company earned $98.24 million during the quarter, compared to analysts' expectations of $96.08 million. FARO Technologies had a positive return on equity of 3.23% and a negative net margin of 2.00%. The company's revenue was up 18.8% on a year-over-year basis. During the same quarter in the prior year, the company earned ($0.22) 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 Thursday, October 25th 2018. View Earnings Estimates for FARO Technologies.

What price target have analysts set for FARO?

5 analysts have issued 1-year price targets for FARO Technologies' stock. Their forecasts range from $46.00 to $82.00. On average, they expect FARO Technologies' stock price to reach $64.75 in the next twelve months. This suggests a possible upside of 22.2% from the stock's current price. View Analyst Price Targets for FARO Technologies.

What is the consensus analysts' recommendation for FARO Technologies?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for FARO Technologies in the last year. There are currently 1 hold rating and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." 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. " (7/30/2018)
  • 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?

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, Exec. Officer (Age 52)

Who are FARO Technologies' major shareholders?

FARO Technologies' stock is owned by many different of institutional and retail investors. Top institutional shareholders include NJ State Employees Deferred Compensation Plan (0.04%). 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.

Which major investors are selling FARO Technologies stock?

FARO stock was sold by a variety of institutional investors in the last quarter, including NJ State Employees Deferred Compensation Plan. Company insiders that have sold FARO Technologies company stock in the last year include Jody Storm Gale, John Donofrio, Kathleen Hall, Katrona Tyrrell and Simon Raab. View Insider Buying and Selling for FARO Technologies.

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 $52.99.

How big of a company is FARO Technologies?

FARO Technologies has a market capitalization of $940.45 million 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.

What is FARO Technologies' official website?

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

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 (NASDAQ FARO)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  297 (Vote Outperform)
Underperform Votes:  274 (Vote Underperform)
Total Votes:  571
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.
This page was last updated on 10/19/2018 by MarketBeat.com Staff

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