FARO 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: $651.82 million
- Outstanding Shares: 16,692,000
Average Prices:- 50 Day Moving Avg: $37.91
- 200 Day Moving Avg: $36.27
- 52 Week Range: $29.00 - $40.15
P/E:- Trailing P/E Ratio: 101.54
- Foreward P/E Ratio: 34.14
- P/E Growth: 5.13
Sales & Book Value:- Annual Revenue: $331.4 million
- Price / Sales: 1.99
- Book Value: $20.62 per share
- Price / Book: 1.92
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: 89,918 shs.
- Beta: 1.3
- Short Ratio: 7.96
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) posted its quarterly earnings results on Tuesday, May, 9th. The company reported ($0.09) EPS for the quarter, missing the consensus estimate of $0.05 by $0.14. The company had revenue of $81.60 million for the quarter, compared to analyst estimates of $77.74 million. FARO Technologies had a return on equity of 1.92% and a net margin of 1.98%. The business's revenue for the quarter was up 7.8% compared to the same quarter last year. During the same quarter in the prior 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 12-month target prices for FARO Technologies' stock. Their forecasts range from $38.00 to $45.00. On average, they anticipate FARO Technologies' share price to reach $40.67 in the next year. View Analyst Ratings for FARO Technologies.
Who are some of FARO Technologies' key competitors?
Some companies that are related to FARO Technologies include Hollysys Automation Technologies (HOLI), General Cable Corporation (BGC), MTS Systems Corporation (MTSC), GrafTech International Ltd (GTI), Oxford Instruments plc (OXIG), Kimball Electronics (KE), XP Power (XPP), NL Industries (NL), Aerohive Networks (HIVE), Judges Scientific PLC (JDG), American Superconductor Corporation (AMSC), Polar Power (POLA), Dewhurst plc (DWHT), Volex PLC (VLX), Stadium Group plc (SDM), Ilika plc (IKA), Elektron Technology PLC (EKT) and Apc Technology Group PLC (APC).
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 shareholders include Spark Investment Management LLC (0.51%), Fisher Asset Management LLC (0.42%), CWM LLC (0.29%), Nisa Investment Advisors LLC (0.15%), Great West Life Assurance Co. Can (0.14%) and Strs Ohio (0.12%). Company insiders that own FARO Technologies stock include Marvin R Sambur and Stephen Cole. View Institutional Ownership Trends for FARO Technologies.
Who sold FARO Technologies stock? Who is selling FARO Technologies stock?
Who bought FARO Technologies stock? Who is buying FARO Technologies stock?
FARO Technologies' stock was purchased by a variety of institutional investors in the last quarter, including CWM LLC, Fisher Asset Management LLC, State of Alaska Department of Revenue, Strs Ohio, Aperio Group LLC and Municipal Employees Retirement System of Michigan. 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 $39.60.
MarketBeat Community Rating for FARO Technologies (NASDAQ FARO)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.
Consensus Ratings for FARO Technologies (NASDAQ:FARO) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 4 Buy Ratings |
| Consensus Rating: | Buy (Score: 3.00) |
| Consensus Price Target: | $40.67 (2.69% upside) |
Analysts' Ratings History for FARO Technologies (NASDAQ:FARO)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 6/27/2017 | Craig Hallum | Initiated Coverage | Buy | $45.00 | High |  |
| 5/30/2017 | Needham & Company LLC | Boost Price Target | Buy -> Buy | $37.00 -> $39.00 | Low | |
| 5/13/2017 | Noble Financial | Reiterated Rating | Buy | | Low | |
| 5/11/2017 | Canaccord Genuity | Reiterated Rating | Buy | | Low | |
| 5/11/2016 | FBR & Co | Reiterated Rating | Market Perform | $34.00 | N/A | |
| 3/2/2016 | Sterne Agee CRT | Boost Price Target | | $30.00 -> $33.00 | N/A | |
| 1/21/2016 | Stephens | Upgrade | Equal Weight -> Overweight | | N/A | |
| 11/4/2015 | Oppenheimer Holdings, Inc. | Downgrade | Outperform -> Market Perform | | N/A | |
| 10/5/2015 | Robert W. Baird | Lower Price Target | Neutral | $48.00 -> $40.00 | N/A | |
(Data available from 7/28/2015 forward)
Earnings History for FARO Technologies (NASDAQ:FARO)Earnings History by Quarter for FARO Technologies (NASDAQ FARO)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 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 | |
(Data available from 1/1/2011 forward)
Earnings Estimates for FARO Technologies (NASDAQ:FARO)| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q2 2017 | 1 | $0.40 | $0.40 | $0.40 |
(Data provided by Zacks Investment Research)
Dividend History for FARO Technologies (NASDAQ:FARO)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for FARO Technologies (NASDAQ:FARO)Insider Ownership Percentage: 2.40%
Institutional Ownership Percentage: 93.85%
Insider Trades by Quarter for FARO Technologies (NASDAQ:FARO)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 5/6/2016 | Stephen Cole | Director | Buy | 5,000 | $33.80 | $169,000.00 | |
| 11/6/2015 | Marvin R Sambur | Director | Buy | 2,200 | $24.96 | $54,912.00 | |
| 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 | |
| 3/4/2014 | Joseph Arezone | SVP | Sell | 2,557 | $57.06 | $145,902.42 | |
| 1/2/2014 | Lynn Brubaker | Director | Sell | 7,949 | $57.21 | $454,762.29 | |
| 11/5/2013 | Keith Bair | CFO | Sell | 14,846 | $51.89 | $770,358.94 | |
| 5/3/2013 | Keith S Bair | CFO | Buy | 4,000 | $34.29 | $137,160.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for FARO Technologies (NASDAQ:FARO)
Latest Headlines for FARO Technologies (NASDAQ:FARO)
| Source: |
|
| Date | Headline |
|---|
 | Head to Head Comparison: FARO Technologies (FARO) versus Kyocera Corporation (KYO)
www.americanbankingnews.com - July 27 at 6:39 PM |
 | FARO® Introduces SCENE 7.0 With Real Time, On-Site Registration
finance.yahoo.com - July 25 at 6:47 PM |
| FARO Technologies, Inc. (FARO) Given Consensus Recommendation of "Buy" by Brokerages
www.americanbankingnews.com - July 24 at 10:38 PM |
| Analysts Expect FARO Technologies, Inc. (NASDAQ:FARO) Will Announce Quarterly Sales of $89.65 Million
www.americanbankingnews.com - July 5 at 11:04 AM |
 | Peru reveals replica of face of ancient female ruler
www.reuters.com - July 5 at 5:47 AM |
| Zacks: Analysts Anticipate FARO Technologies, Inc. (NASDAQ:FARO) to Announce $0.12 Earnings Per Share
www.americanbankingnews.com - July 3 at 12:32 PM |
| FARO Technologies, Inc. (FARO) Receives Average Recommendation of "Buy" from Analysts
www.americanbankingnews.com - June 27 at 10:42 PM |
| FARO Technologies, Inc. (FARO) Coverage Initiated by Analysts at Craig Hallum
www.americanbankingnews.com - June 27 at 9:34 PM |
 | Leading Companies In The Development Of Robotics And AI
seekingalpha.com - June 24 at 5:30 PM |
| FARO® Releases Revolutionary FARO ZONE 3D for Public Safety Professionals
finance.yahoo.com - June 15 at 7:17 PM |
| FARO Technologies, Inc. (FARO) Stock Rating Upgraded by ValuEngine
www.americanbankingnews.com - June 9 at 3:58 PM |
| Brokerages Anticipate FARO Technologies, Inc. (FARO) Will Post Quarterly Sales of $89.65 Million
www.americanbankingnews.com - June 9 at 2:56 PM |
| Analysts Anticipate FARO Technologies, Inc. (FARO) Will Post Earnings of $0.12 Per Share
www.americanbankingnews.com - June 7 at 10:16 AM |
| FARO Technologies (FARO) Presents At Stifel 2017 Technology, Internet & Media Conference - Slideshow
seekingalpha.com - June 6 at 5:31 PM |
| FARO 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 |
| FARO to Present at Stifel 2017 Technology, Internet & Media Conference
finance.yahoo.com - June 2 at 6:26 PM |
| ETFs with exposure to FARO Technologies, Inc. : May 31, 2017
finance.yahoo.com - May 31 at 5:07 PM |
| FARO Technologies, Inc. (FARO) PT Raised to $39.00
www.americanbankingnews.com - May 30 at 8:12 AM |
| FARO Technologies, Inc. :FARO-US: Earnings Analysis: Q1, 2017 By the Numbers : May 29, 2017
finance.yahoo.com - May 29 at 10:39 AM |
| FARO Technologies, Inc. (FARO) Rating Lowered to Sell at ValuEngine
www.americanbankingnews.com - May 16 at 4:32 PM |
| FY2017 EPS Estimates for FARO Technologies, Inc. (FARO) Reduced by Analyst
www.americanbankingnews.com - May 15 at 8:45 AM |
| FARO Technologies, Inc. (FARO) Short Interest Down 1.7% in April
www.americanbankingnews.com - May 15 at 7:48 AM |
| FARO Technologies, Inc. (FARO) Price Target Cut to $37.00
www.americanbankingnews.com - May 14 at 12:32 AM |
| FARO Technologies, Inc. (FARO) Receives Buy Rating from Canaccord Genuity
www.americanbankingnews.com - May 14 at 12:32 AM |
| $86.61 Million in Sales Expected for FARO Technologies, Inc. (FARO) This Quarter
www.americanbankingnews.com - May 13 at 8:24 AM |
| FARO Technologies, Inc. Expected to Post FY2019 Earnings of $1.50 Per Share (FARO)
www.americanbankingnews.com - May 12 at 6:36 PM |
| FARO 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 |
| FARO Technologies, Inc. (FARO) Issues Quarterly Earnings Results
www.americanbankingnews.com - May 11 at 3:25 PM |
| Zacks: Analysts Expect FARO Technologies, Inc. (FARO) Will Post Earnings of $0.23 Per Share
www.americanbankingnews.com - May 11 at 2:14 PM |
| Edited Transcript of FARO earnings conference call or presentation 10-May-17 12:30pm GMT
finance.yahoo.com - May 10 at 10:17 PM |
| BRIEF-Faro reports Q1 2017 financial results and status of renewal efforts
www.reuters.com - May 10 at 8:47 AM |
| Investor Network: FARO Technologies, Inc. to Host Earnings Call
finance.yahoo.com - May 10 at 8:47 AM |
 | Faro Technologies reports 1Q loss
marketbeat.com - May 9 at 6:01 PM |
| FARO Reports Q1 2017 Financial Results and Status of Renewal Efforts
finance.yahoo.com - May 9 at 5:02 PM |
| FARO Technologies (FARO) Getting Positive Press Coverage, Study Shows
www.americanbankingnews.com - May 4 at 1:09 AM |
| FARO Technologies (FARO) Earning Negative Media Coverage, Report Shows
www.americanbankingnews.com - April 29 at 7:40 AM |
| FARO Technologies, Inc. – Value Analysis (NASDAQ:FARO) : April 27, 2017
finance.yahoo.com - April 27 at 5:41 PM |
| FARO Technologies (FARO) Earning Somewhat Positive News Coverage, AlphaOne Reports
www.americanbankingnews.com - April 27 at 1:12 AM |
| FARO 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 |
| FARO Invites You to Join Its First Quarter 2017 Earnings Conference Call
finance.yahoo.com - April 26 at 10:26 PM |
| FARO Technologies, Inc. (FARO) Rating Lowered to Hold at Zacks Investment Research
www.americanbankingnews.com - April 26 at 7:22 PM |
| FARO Technologies, Inc. (FARO) Stock Rating Upgraded by Zacks Investment Research
www.americanbankingnews.com - April 25 at 11:34 PM |
| FARO® Introduces PointSense 18.0 Suite for Construction and Architecture
finance.yahoo.com - April 24 at 4:57 PM |
| FARO Technologies (FARO) Receiving Somewhat Favorable Media Coverage, Study Finds
www.americanbankingnews.com - April 23 at 11:24 AM |
 | Global Articulated Arm Machine Market, 2023: Growing Demand for Portable Metrology Solutions - Research and Markets
www.bizjournals.com - April 22 at 4:50 PM |
| FARO Technologies, Inc. (FARO) Expected to Announce Quarterly Sales of $77.61 Million
www.americanbankingnews.com - April 22 at 7:51 AM |
| Zacks: Brokerages Expect FARO Technologies, Inc. (FARO) Will Post Earnings of $0.05 Per Share
www.americanbankingnews.com - April 20 at 8:27 PM |
| FARO Technologies (FARO) Given Media Sentiment Rating of 0.21
www.americanbankingnews.com - April 20 at 5:06 PM |
| Crosby Announces Hiring of Chief Financial Officer
finance.yahoo.com - March 30 at 10:35 PM |
 | FARO: Summary for FARO Technologies, Inc. - Yahoo Finance
uk.finance.yahoo.com - March 20 at 7:31 PM |
FARO Technologies (FARO) Chart for Friday, July, 28, 2017
