FARO Technologies Stock Forecast, Price & News

FARO Technologies (NASDAQ:FARO) Frequently Asked Questions

Is FARO Technologies a buy right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for FARO Technologies in the last year. There are currently 1 hold rating and 1 buy rating 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.

What stocks does MarketBeat like better than FARO Technologies?

Wall Street analysts have given FARO Technologies a "Buy" 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 Wednesday, October 27th 2021.
View our earnings forecast for FARO Technologies.

How were FARO Technologies' earnings last quarter?

FARO Technologies, Inc. (NASDAQ:FARO) posted its quarterly earnings data on Wednesday, July, 28th. The scientific and technical instruments company reported $0.12 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.06 by $0.06. The scientific and technical instruments company had revenue of $82.11 million for the quarter, compared to the consensus estimate of $83.07 million. FARO Technologies had a net margin of 6.20% and a negative trailing twelve-month return on equity of 0.30%.
View FARO Technologies' earnings history.

How has FARO Technologies' stock been impacted by Coronavirus (COVID-19)?

FARO Technologies' stock was trading at $49.62 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, FARO stock has increased by 36.3% and is now trading at $67.61.
View which stocks have been most impacted by COVID-19.

What price target have analysts set for FARO?

2 Wall Street analysts have issued 12 month price objectives for FARO Technologies' stock. Their forecasts range from $117.00 to $117.00. On average, they anticipate FARO Technologies' stock price to reach $117.00 in the next year. This suggests a possible upside of 73.1% 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?

Some companies that are related to FARO Technologies include Cognex (CGNX), Coherent (COHR), National Instruments (NATI), Itron (ITRI), Badger Meter (BMI), OSI Systems (OSIS), Mesa Laboratories (MLAB), Vishay Precision Group (VPG) and Daktronics (DAKT).
View all of FARO's 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 number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (17.57%), Vanguard Group Inc. (10.85%), Segall Bryant & Hamill LLC (4.61%), Barrow Hanley Mewhinney & Strauss LLC (4.06%), State Street Corp (3.30%) and Goldman Sachs Group Inc. (3.14%). 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 Invesco Ltd., BlackRock Inc., Barrow Hanley Mewhinney & Strauss LLC, Bank of New York Mellon Corp, Parametric Portfolio Associates LLC, Bank of America Corp DE, Deutsche Bank AG, and ARK Investment Management LLC.
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 Jennison Associates LLC, Goldman Sachs Group Inc., FMR LLC, American Century Companies Inc., Morgan Stanley, Morgan Stanley, Vident Investment Advisory LLC, and Segall Bryant & Hamill 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.
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What is FARO Technologies' stock price today?

One share of FARO stock can currently be purchased for approximately $67.61.

How much money does FARO Technologies make?

FARO Technologies has a market capitalization of $1.23 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.

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 or via email at [email protected].