S&P 500   4,567.00
DOW   34,483.72
QQQ   393.82
S&P 500   4,567.00
DOW   34,483.72
QQQ   393.82
S&P 500   4,567.00
DOW   34,483.72
QQQ   393.82
S&P 500   4,567.00
DOW   34,483.72
QQQ   393.82
NASDAQ:FARO

FARO Technologies Stock Forecast, Price & News

$69.46
-2.12 (-2.96%)
(As of 11/30/2021 04:00 PM ET)
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Today's Range
$68.90
$71.31
50-Day Range
$63.78
$82.12
52-Week Range
$63.29
$97.88
Volume
99,169 shs
Average Volume
83,979 shs
Market Capitalization
$1.26 billion
P/E Ratio
64.92
Dividend Yield
N/A
Beta
1.33
30 days | 90 days | 365 days | Advanced Chart
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FARO Technologies logo

About FARO Technologies

FARO Technologies, Inc. engages in the design, development, manufacture, marketing and support of three-dimensional (3D) measurement, imaging, and realization systems. It operates through the following segments: 3D Manufacturing, Construction BIM, and Emerging Verticals. The 3D Manufacturing segment provides solutions for manual & automated measurement and inspection in an industrial or manufacturing environment. The Construction BIM segment offers solutions for as-built data capturing and 3D visualization in building information modeling and construction information management applications. The Emerging Verticals segment includes product design, public safety forensics, and 3D solutions. The company was founded by Gregory A. Fraser and Simon Raab on February 21, 1981 and is headquartered in Lake Mary, FL.

Headlines

FARO Crosses Above Key Moving Average Level
November 2, 2021 |  nasdaq.com
Faro Technologies: Q3 Earnings Insights
October 28, 2021 |  benzinga.com
FARO Announces Third Quarter 2021 Financial Results
October 27, 2021 |  finance.yahoo.com
Earnings Outlook For Faro Technologies
October 26, 2021 |  benzinga.com
Here's what Wall Street expects from FARO Technologies's earnings
October 25, 2021 |  markets.businessinsider.com
See More Headlines

Industry, Sector and Symbol

Industry
Measuring & controlling devices, not elsewhere classified
Sub-Industry
Electronic Equipment & Instruments
Current Symbol
NASDAQ:FARO
CUSIP
31164210
Employees
1,364
Year Founded
1981

Sales & Book Value

Annual Sales
$303.77 million
Cash Flow
$0.32 per share
Book Value
$20.20 per share

Profitability

Net Income
$630 thousand
Pretax Margin
-2.59%

Debt

Price-To-Earnings

Miscellaneous

Free Float
18,058,000
Market Cap
$1.26 billion
Optionable
Optionable

Company Calendar

Last Earnings
10/27/2021
Today
12/01/2021
Fiscal Year End
12/31/2021
Next Earnings (Estimated)
2/16/2022

Social Links


MarketRank

Overall MarketRank

1.98 out of 5 stars

Computer And Technology Sector

463rd out of 888 stocks

Measuring & Controlling Devices, Not Elsewhere Classified Industry

6th out of 17 stocks

Analyst Opinion: 3.3Community Rank: 4.3Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 0.6 5 -4 -3 -2 -1 -












FARO Technologies (NASDAQ:FARO) Frequently Asked Questions

Is FARO Technologies a buy right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for FARO Technologies in the last year. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" FARO Technologies stock.
View analyst ratings for FARO Technologies
or view top-rated stocks.

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 40.0% and is now trading at $69.46.
View which stocks have been most impacted by COVID-19
.

When is FARO Technologies' next earnings date?

FARO Technologies is scheduled to release its next quarterly earnings announcement on Wednesday, February 16th 2022.
View our earnings forecast for FARO Technologies
.

How were FARO Technologies' earnings last quarter?

FARO Technologies, Inc. (NASDAQ:FARO) issued its earnings results on Wednesday, October, 27th. The scientific and technical instruments company reported ($0.01) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.07 by $0.08. The scientific and technical instruments company earned $79.20 million during the quarter, compared to analyst estimates of $82.94 million. FARO Technologies had a net margin of 5.80% and a negative trailing twelve-month return on equity of 1.00%. The company's revenue for the quarter was down 3.5% on a year-over-year basis. During the same period last year, the business posted ($0.08) earnings per share.
View FARO Technologies' earnings history
.

What price target have analysts set for FARO?

3 analysts have issued 1 year price objectives for FARO Technologies' shares. Their forecasts range from $77.00 to $117.00. On average, they expect FARO Technologies' stock price to reach $97.00 in the next year. This suggests a possible upside of 39.6% 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:
  • Michael D. Burger, President, Chief Executive Officer & Director
  • Jason Pollock, Vice President-Global Operations
  • Allen Louis Muhich, Chief Financial Officer
  • Ann Hewitt, Chief Information Officer
  • Brooke Blake, Senior Director-Internal Audit

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. (17.22%), Segall Bryant & Hamill LLC (4.84%), Paradice Investment Management LLC (4.58%), Barrow Hanley Mewhinney & Strauss LLC (4.01%), Goldman Sachs Group Inc. (2.97%) and Dimensional Fund Advisors LP (2.90%). Company insiders that own FARO Technologies stock include Katrona Tyrrell, Kevin Beadle and Yazid Tohme.
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 BlackRock Inc., Millennium Management LLC, Goldman Sachs Group Inc., Pinnacle Associates Ltd., Deutsche Bank AG, Barrow Hanley Mewhinney & Strauss LLC, Strs Ohio, and Citigroup Inc..
View insider buying and selling activity for FARO Technologies
or view top insider-selling stocks.

Which major investors are buying FARO Technologies stock?

FARO stock was acquired by a variety of institutional investors in the last quarter, including Vident Investment Advisory LLC, Segall Bryant & Hamill LLC, Jennison Associates LLC, Paradice Investment Management LLC, Prospector Partners LLC, SG Americas Securities LLC, BNP Paribas Arbitrage SA, and Emerald Advisers 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 $69.46.

How much money does FARO Technologies make?

FARO Technologies has a market capitalization of $1.26 billion and generates $303.77 million in revenue each year. The scientific and technical instruments company earns $630 thousand in net income (profit) each year or $1.07 on an earnings per share basis.

How many employees does FARO Technologies have?

FARO Technologies employs 1,364 workers across the globe.

Does FARO Technologies have any subsidiaries?

The following companies are subsidiares of FARO Technologies: 3D Measurement Technologies S de RL de CV, ARAS 360 Technologies, ATS, ATS China Ltd., ATS Real Reality AB, Advanced Technical Solutions in Scandinavia AB, Antares-Desenvolvimento de Software Lda., Cam2 SRL, Dustin Forensics, FARO Benelux BV, FARO Business Technologies India Pvt. Ltd, FARO Cayman LP, FARO Cayman Ltd, FARO Delaware LLC, FARO Europe GmbH, FARO FHN Netherlands Holdings BV, FARO International (Shanghai) Co. Ltd, FARO Japan Inc., FARO Singapore Pte Ltd, FARO Spain SLU, FARO Swiss Holding GmbH, FARO Swiss Manufacturing GmbH, FARO Technologies (Thailand) Ltd, FARO Technologies Canada Inc., FARO Technologies UK Ltd., FARO Technologies do Brasil Ltda, FARO Technology Polska sp.zo.o, FARO Turkey Olcu Sistemleri Ltd. Sti, HoloBuilder, Lanmark, Laser Control Systems Limited., Laser Projection Tech, Nutfield, OOO FARO RUS, Open Technologies SRL, Opto-Tech Srl, Photocore AG, SpatialMetrix, iQvolution, and kubit.

When was FARO Technologies founded?

FARO Technologies was founded in 1981.

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, via email at [email protected], or via fax at 407-333-4181.


This page was last updated on 12/1/2021 by MarketBeat.com Staff

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