FARO Technologies Company Profile (NASDAQ:FARO)

About FARO Technologies (NASDAQ:FARO)

FARO Technologies logoFARO 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
  • Sub-Industry: Electronic Equipment & Instruments
  • Symbol: NASDAQ:FARO
  • CUSIP: 31164210
  • Web: www.faro.com
Capitalization:
  • Market Cap: $607.34 million
  • Outstanding Shares: 16,708,000
Average Prices:
  • 50 Day Moving Avg: $34.52
  • 200 Day Moving Avg: $35.59
  • 52 Week Range: $29.00 - $40.60
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 53.21
  • P/E Growth: -18.44
Sales & Book Value:
  • Annual Revenue: $335.54 million
  • Price / Sales: 1.85
  • Book Value: $20.92 per share
  • Price / Book: 1.78
Profitability:
  • EBIDTA: $13.5 million
  • Net Margins: -0.13%
  • Return on Equity: -0.13%
  • Return on Assets: -0.10%
Debt:
  • Current Ratio: 3.96%
  • Quick Ratio: 3.14%
Misc:
  • Average Volume: 96,239 shs.
  • Beta: 1.36
  • Short Ratio: 8.95
 

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) issued its quarterly earnings results on Tuesday, August, 1st. The company reported ($0.22) EPS for the quarter, missing the consensus estimate of $0.12 by $0.34. The business had revenue of $82.68 million for the quarter, compared to the consensus estimate of $87.65 million. FARO Technologies had a negative return on equity of 0.13% and a negative net margin of 0.13%. The company's quarterly revenue was up 5.3% compared to the same quarter last year. During the same period last year, the firm earned $0.20 earnings per share. View FARO Technologies' Earnings History.

When will FARO Technologies make its next earnings announcement?

FARO Technologies is scheduled to release their next quarterly earnings announcement on Monday, October, 30th 2017. View Earnings Estimates for FARO Technologies.

Where is FARO Technologies' stock going? Where will FARO Technologies' stock price be in 2017?

5 equities research analysts have issued 1 year price objectives for FARO Technologies' stock. Their forecasts range from $38.00 to $45.00. On average, they anticipate FARO Technologies' share price to reach $41.00 in the next twelve months. View Analyst Ratings for FARO Technologies.

Who are some of FARO Technologies' key competitors?

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, Principal Accounting Officer, Vice President - Finance, Investor Relations
  • Kathleen J. Hall, Chief Operating Officer
  • Jody Storm Gale, Senior Vice President, General Counsel, Corporate Secretary
  • 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
  • John Edward Caldwell, Independent Director

Who owns FARO Technologies stock?

FARO Technologies' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (9.50%), Dimensional Fund Advisors LP (6.21%), TimesSquare Capital Management LLC (4.81%), Royce & Associates LP (4.20%), Bank of New York Mellon Corp (2.63%) and Franklin Resources Inc. (2.45%). 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?

FARO Technologies' stock was sold by a variety of institutional investors in the last quarter, including Hodges Capital Management Inc., Bank of New York Mellon Corp, Piermont Capital Management Inc., AHL Partners LLP, Spark Investment Management LLC, Franklin Resources Inc., Citigroup Inc. and Public Sector Pension investment Board. View Insider Buying and Selling for FARO Technologies.

Who bought FARO Technologies stock? Who is buying FARO Technologies stock?

FARO Technologies' stock was acquired by a variety of institutional investors in the last quarter, including Vanguard Group Inc., Dimensional Fund Advisors LP, CWM LLC, Baillie Gifford & Co., Global X Management Co. LLC, Fisher Asset Management LLC, State Street Corp and TimesSquare Capital Management LLC. 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 $37.25.


MarketBeat Community Rating for FARO Technologies (NASDAQ FARO)
Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  180 (Vote Outperform)
Underperform Votes:  168 (Vote Underperform)
Total Votes:  348
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.

Analyst Ratings

Consensus Ratings for FARO Technologies (NASDAQ:FARO) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Hold Rating, 4 Buy Ratings
Consensus Rating:Buy (Score: 2.80)
Consensus Price Target: $41.00 (10.07% upside)

Analysts' Ratings History for FARO Technologies (NASDAQ:FARO)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
8/9/2017GabelliDowngradeBuy -> HoldLowView Rating Details
8/3/2017Noble FinancialReiterated RatingBuyMediumView Rating Details
8/3/2017Canaccord GenuityBoost Price TargetBuy$38.00 -> $42.00LowView Rating Details
6/27/2017Craig HallumInitiated CoverageBuy$45.00HighView Rating Details
5/30/2017Needham & Company LLCBoost Price TargetBuy -> Buy$37.00 -> $39.00LowView Rating Details
5/11/2016FBR & CoReiterated RatingMarket Perform$34.00N/AView Rating Details
3/2/2016Sterne Agee CRTBoost Price Target$30.00 -> $33.00N/AView Rating Details
1/21/2016StephensUpgradeEqual Weight -> OverweightN/AView Rating Details
11/4/2015Oppenheimer Holdings, Inc.DowngradeOutperform -> Market PerformN/AView Rating Details
10/5/2015Robert W. BairdLower Price TargetNeutral$48.00 -> $40.00N/AView Rating Details
(Data available from 9/19/2015 forward)

Earnings

Earnings History for FARO Technologies (NASDAQ:FARO)
Earnings by Quarter for FARO Technologies (NASDAQ:FARO)
Earnings History by Quarter for FARO Technologies (NASDAQ FARO)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/30/2017$0.05N/AView Earnings Details
8/1/2017Q2 2017$0.12($0.22)$87.65 million$82.68 millionViewListenView Earnings Details
5/9/2017Q1 2017$0.05($0.09)$77.74 million$81.60 millionViewListenView Earnings Details
2/22/2017Q416$0.35$0.21$93.76 million$91.70 millionViewListenView Earnings Details
11/1/2016Q316$0.20$0.07$77.82 million$79.60 millionViewListenView Earnings Details
8/2/2016Q216$0.28$0.20$84.38 million$78.50 millionViewN/AView Earnings Details
5/3/2016Q116$0.04$0.19$71.74 million$75.70 millionViewListenView Earnings Details
2/24/2016Q415$0.32$0.60$89.55 million$91.30 millionViewListenView Earnings Details
11/3/2015Q315$0.29($0.05)$84.10 million$72.51 millionViewListenView Earnings Details
7/29/2015Q2$0.23$0.24$79.69 million$83.80 millionViewListenView Earnings Details
4/28/2015Q115$0.12$0.04$72.63 million$69.90 millionViewListenView Earnings Details
2/25/2015Q414$0.62$0.64$100.80 million$104.20 millionViewListenView Earnings Details
10/28/2014Q314$0.34$0.38$79.90 million$82.20 millionViewListenView Earnings Details
7/29/2014Q214$0.35$0.36$77.55 million$82.10 millionViewListenView Earnings Details
4/29/2014Q114$0.28$0.29$74.24 million$73.40 millionViewListenView Earnings Details
2/26/2014Q413$0.50$0.48$82.45 million$89.90 millionViewListenView Earnings Details
10/31/2013Q313$0.21$0.29$66.27 million$68.20 millionViewListenView Earnings Details
7/30/2013Q2 2013$0.29$0.21$70.56 million$68.30 millionViewN/AView Earnings Details
5/1/2013Q113$0.30$0.27$67.61 million$65.40 millionViewListenView Earnings Details
2/27/2013Q4 2012$0.31$0.46$68.01 million$80.67 millionViewListenView Earnings Details
10/31/2012Q312$0.35$0.21$68.05 million$60.70 millionViewN/AView Earnings Details
7/31/2012$0.46$0.28ViewN/AView Earnings Details
5/1/2012$0.31$0.39ViewN/AView Earnings Details
2/28/2012$0.51$0.56ViewN/AView Earnings Details
11/2/2011$0.30$0.38ViewN/AView Earnings Details
8/3/2011$0.31$0.25ViewN/AView Earnings Details
5/5/2011$0.21$0.20ViewN/AView Earnings Details
2/23/2011$0.26$0.29ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for FARO Technologies (NASDAQ:FARO)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q2 20171$0.40$0.40$0.40
(Data provided by Zacks Investment Research)

Dividends

Dividend History for FARO Technologies (NASDAQ:FARO)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for FARO Technologies (NASDAQ:FARO)
Insider Ownership Percentage: 2.40%
Institutional Ownership Percentage: 94.64%
Insider Trades by Quarter for FARO Technologies (NASDAQ:FARO)
Institutional Ownership by Quarter for FARO Technologies (NASDAQ:FARO)
Insider Trades by Quarter for FARO Technologies (NASDAQ:FARO)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/6/2016Stephen ColeDirectorBuy5,000$33.80$169,000.00View SEC Filing  
11/6/2015Marvin R SamburDirectorBuy2,200$24.96$54,912.00View SEC Filing  
5/4/2015Stephen ColeDirectorBuy2,000$40.50$81,000.00View SEC Filing  
2/26/2015Jay FreelandCEOSell40,000$60.33$2,413,200.00View SEC Filing  
5/29/2014Jody Storm GaleSVPBuy1,000$42.36$42,360.00View SEC Filing  
3/11/2014Keith BairCFOSell1,592$54.80$87,241.60View SEC Filing  
3/4/2014Joseph ArezoneSVPSell2,557$57.06$145,902.42View SEC Filing  
1/2/2014Lynn BrubakerDirectorSell7,949$57.21$454,762.29View SEC Filing  
11/5/2013Keith BairCFOSell14,846$51.89$770,358.94View SEC Filing  
5/3/2013Keith S BairCFOBuy4,000$34.29$137,160.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for FARO Technologies (NASDAQ:FARO)
Latest Headlines for FARO Technologies (NASDAQ:FARO)
Source:
DateHeadline
finance.yahoo.com logoFARO Technologies, Inc. – Value Analysis (NASDAQ:FARO) : September 19, 2017
finance.yahoo.com - September 18 at 11:25 PM
americanbankingnews.com logoFARO Technologies (FARO) and Smith (A.O.) Corporation (AOS) Head to Head Review
www.americanbankingnews.com - September 17 at 12:32 AM
americanbankingnews.com logoContrasting AZZ (AZZ) & FARO Technologies (FARO)
www.americanbankingnews.com - September 16 at 6:14 AM
finance.yahoo.com logoFARO Technologies, Inc. breached its 50 day moving average in a Bullish Manner : FARO-US : September 15, 2017
finance.yahoo.com - September 15 at 7:03 PM
americanbankingnews.com logoSmith (A.O.) Corporation (AOS) vs. FARO Technologies (FARO) Financial Contrast
www.americanbankingnews.com - September 13 at 6:20 AM
americanbankingnews.com logoFARO Technologies, Inc. (FARO) Given Consensus Recommendation of "Hold" by Analysts
www.americanbankingnews.com - September 12 at 10:40 PM
americanbankingnews.com logoHead to Head Analysis: FARO Technologies (FARO) versus Kimball Electronics (KE)
www.americanbankingnews.com - September 8 at 12:18 AM
americanbankingnews.com logo$90.81 Million in Sales Expected for FARO Technologies, Inc. (FARO) This Quarter
www.americanbankingnews.com - September 4 at 8:44 AM
americanbankingnews.com logoValuEngine Upgrades FARO Technologies, Inc. (FARO) to Hold
www.americanbankingnews.com - September 3 at 12:48 PM
americanbankingnews.com logoFARO Technologies, Inc. (FARO) Given Average Rating of "Hold" by Brokerages
www.americanbankingnews.com - August 18 at 10:38 PM
finance.yahoo.com logoFARO® Extends Next Generation FaroArm® with Quantum M
finance.yahoo.com - August 17 at 7:48 PM
finance.yahoo.com logoETFs with exposure to FARO Technologies, Inc. : August 16, 2017
finance.yahoo.com - August 16 at 6:40 PM
americanbankingnews.com logo Brokerages Expect FARO Technologies, Inc. (FARO) Will Post Quarterly Sales of $90.81 Million
www.americanbankingnews.com - August 16 at 3:42 AM
americanbankingnews.com logoFARO Technologies, Inc. (NASDAQ:FARO) Rating Lowered to Strong Sell at Zacks Investment Research
www.americanbankingnews.com - August 7 at 7:30 PM
americanbankingnews.com logoFARO Technologies, Inc. Forecasted to Earn FY2017 Earnings of ($0.20) Per Share (NASDAQ:FARO)
www.americanbankingnews.com - August 7 at 7:46 AM
americanbankingnews.com logoFARO Technologies, Inc. (FARO) Cut to Sell at BidaskClub
www.americanbankingnews.com - August 5 at 8:02 PM
americanbankingnews.com logoFY2020 EPS Estimates for FARO Technologies, Inc. Raised by Analyst (NASDAQ:FARO)
www.americanbankingnews.com - August 4 at 7:58 PM
americanbankingnews.com logoNoble Financial Reaffirms "Buy" Rating for FARO Technologies, Inc. (NASDAQ:FARO)
www.americanbankingnews.com - August 4 at 9:08 AM
finance.yahoo.com logoFARO Technologies, Inc. breached its 50 day moving average in a Bearish Manner : FARO-US : August 3, 2017
finance.yahoo.com - August 3 at 3:31 PM
finance.yahoo.com logoFARO® Introduces Next Generation FaroArm®
finance.yahoo.com - August 3 at 3:31 PM
finance.yahoo.com logoFARO Technologies, Inc. :FARO-US: Earnings Analysis: Q2, 2017 By the Numbers : August 3, 2017
finance.yahoo.com - August 3 at 3:31 PM
finance.yahoo.com logoEdited Transcript of FARO earnings conference call or presentation 2-Aug-17 12:30pm GMT
finance.yahoo.com - August 3 at 12:27 AM
americanbankingnews.com logoFARO Technologies, Inc. (FARO) Upgraded to "Hold" at ValuEngine
www.americanbankingnews.com - August 2 at 11:28 PM
americanbankingnews.com logoFARO Technologies, Inc. (NASDAQ:FARO) Posts Earnings Results, Misses Estimates By $0.34 EPS
www.americanbankingnews.com - August 2 at 2:42 PM
reuters.com logoBRIEF-Faro Technologies Q2 loss per share $0.22
www.reuters.com - August 1 at 7:12 PM
finance.yahoo.com logoFARO® Introduces Focus S 70 Laser Scanner
finance.yahoo.com - August 1 at 7:12 PM
finance.yahoo.com logoFARO Reports Q2 2017 Financial Results and Announces the Completion of the Global Reorganization
finance.yahoo.com - August 1 at 7:12 PM
finance.yahoo.com logoFaro Technologies reports 2Q loss
finance.yahoo.com - August 1 at 7:12 PM
marketwatch.com logo3D Scanner Market Worth 5.90 Billion USD by 2023
www.marketwatch.com - August 1 at 4:21 AM
americanbankingnews.com logo Analysts Expect FARO Technologies, Inc. (FARO) Will Post Quarterly Sales of $89.65 Million
www.americanbankingnews.com - July 29 at 7:45 AM
finance.yahoo.com logoFARO Invites You to Join Its Second Quarter 2017 Earnings Conference Call
finance.yahoo.com - July 28 at 4:43 PM
americanbankingnews.com logoHead to Head Comparison: FARO Technologies (FARO) versus Kyocera Corporation (KYO)
www.americanbankingnews.com - July 27 at 6:39 PM
finance.yahoo.com logoFARO® Introduces SCENE 7.0 With Real Time, On-Site Registration
finance.yahoo.com - July 25 at 6:47 PM
americanbankingnews.com logoFARO Technologies, Inc. (FARO) Given Consensus Recommendation of "Buy" by Brokerages
www.americanbankingnews.com - July 24 at 10:38 PM
americanbankingnews.com logo Analysts Expect FARO Technologies, Inc. (NASDAQ:FARO) Will Announce Quarterly Sales of $89.65 Million
www.americanbankingnews.com - July 5 at 11:04 AM
reuters.com logoPeru reveals replica of face of ancient female ruler
www.reuters.com - July 5 at 5:47 AM
americanbankingnews.com logoZacks: Analysts Anticipate FARO Technologies, Inc. (NASDAQ:FARO) to Announce $0.12 Earnings Per Share
www.americanbankingnews.com - July 3 at 12:32 PM
americanbankingnews.com logoFARO Technologies, Inc. (FARO) Receives Average Recommendation of "Buy" from Analysts
www.americanbankingnews.com - June 27 at 10:42 PM
americanbankingnews.com logoFARO Technologies, Inc. (FARO) Coverage Initiated by Analysts at Craig Hallum
www.americanbankingnews.com - June 27 at 9:34 PM
seekingalpha.com logoLeading Companies In The Development Of Robotics And AI
seekingalpha.com - June 24 at 5:30 PM
finance.yahoo.com logoFARO® Releases Revolutionary FARO ZONE 3D for Public Safety Professionals
finance.yahoo.com - June 15 at 7:17 PM
americanbankingnews.com logoFARO Technologies, Inc. (FARO) Stock Rating Upgraded by ValuEngine
www.americanbankingnews.com - June 9 at 3:58 PM
americanbankingnews.com logo Brokerages Anticipate FARO Technologies, Inc. (FARO) Will Post Quarterly Sales of $89.65 Million
www.americanbankingnews.com - June 9 at 2:56 PM
americanbankingnews.com logo Analysts Anticipate FARO Technologies, Inc. (FARO) Will Post Earnings of $0.12 Per Share
www.americanbankingnews.com - June 7 at 10:16 AM
seekingalpha.com logoFARO Technologies (FARO) Presents At Stifel 2017 Technology, Internet & Media Conference - Slideshow
seekingalpha.com - June 6 at 5:31 PM
finance.yahoo.com logoFARO 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
finance.yahoo.com logoFARO to Present at Stifel 2017 Technology, Internet & Media Conference
finance.yahoo.com - June 2 at 6:26 PM
finance.yahoo.com logoETFs with exposure to FARO Technologies, Inc. : May 31, 2017
finance.yahoo.com - May 31 at 5:07 PM
americanbankingnews.com logoFARO Technologies, Inc. (FARO) PT Raised to $39.00
www.americanbankingnews.com - May 30 at 8:12 AM
finance.yahoo.com logoFARO Technologies, Inc. :FARO-US: Earnings Analysis: Q1, 2017 By the Numbers : May 29, 2017
finance.yahoo.com - May 29 at 10:39 AM

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Chart

FARO Technologies (FARO) Chart for Tuesday, September, 19, 2017

This page was last updated on 9/19/2017 by MarketBeat.com Staff