Free Trial

FARO Technologies (FARO) Competitors

FARO Technologies logo
$42.56 +0.01 (+0.02%)
As of 04:00 PM Eastern

FARO vs. DAKT, MLAB, VPG, COHR, BMI, ITRI, CGNX, OSIS, QSI, and MASS

Should you be buying FARO Technologies stock or one of its competitors? The main competitors of FARO Technologies include Daktronics (DAKT), Mesa Laboratories (MLAB), Vishay Precision Group (VPG), Coherent (COHR), Badger Meter (BMI), Itron (ITRI), Cognex (CGNX), OSI Systems (OSIS), Quantum-Si (QSI), and 908 Devices (MASS).

FARO Technologies vs. Its Competitors

Daktronics (NASDAQ:DAKT) and FARO Technologies (NASDAQ:FARO) are both small-cap computer and technology companies, but which is the better stock? We will compare the two companies based on the strength of their profitability, media sentiment, dividends, valuation, risk, institutional ownership, community ranking, analyst recommendations and earnings.

In the previous week, FARO Technologies had 3 more articles in the media than Daktronics. MarketBeat recorded 7 mentions for FARO Technologies and 4 mentions for Daktronics. FARO Technologies' average media sentiment score of 1.24 beat Daktronics' score of 1.12 indicating that FARO Technologies is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Daktronics
2 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
FARO Technologies
4 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Daktronics has higher revenue and earnings than FARO Technologies. FARO Technologies is trading at a lower price-to-earnings ratio than Daktronics, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Daktronics$799.81M0.89$34.62M-$0.20-71.25
FARO Technologies$341.05M2.40-$56.58M-$0.05-851.20

Daktronics has a beta of 1.62, indicating that its share price is 62% more volatile than the S&P 500. Comparatively, FARO Technologies has a beta of 1.63, indicating that its share price is 63% more volatile than the S&P 500.

61.7% of Daktronics shares are held by institutional investors. Comparatively, 97.2% of FARO Technologies shares are held by institutional investors. 5.5% of Daktronics shares are held by company insiders. Comparatively, 2.4% of FARO Technologies shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.

FARO Technologies received 146 more outperform votes than Daktronics when rated by MarketBeat users. However, 64.13% of users gave Daktronics an outperform vote while only 63.14% of users gave FARO Technologies an outperform vote.

CompanyUnderperformOutperform
DaktronicsOutperform Votes
236
64.13%
Underperform Votes
132
35.87%
FARO TechnologiesOutperform Votes
382
63.14%
Underperform Votes
223
36.86%

Daktronics has a net margin of 3.62% compared to FARO Technologies' net margin of -1.87%. Daktronics' return on equity of 19.61% beat FARO Technologies' return on equity.

Company Net Margins Return on Equity Return on Assets
Daktronics3.62% 19.61% 8.96%
FARO Technologies -1.87%-2.49%-1.32%

Daktronics presently has a consensus target price of $26.00, suggesting a potential upside of 82.46%. FARO Technologies has a consensus target price of $35.50, suggesting a potential downside of 16.59%. Given Daktronics' stronger consensus rating and higher probable upside, research analysts plainly believe Daktronics is more favorable than FARO Technologies.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Daktronics
0 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
1 Strong Buy rating(s)
3.50
FARO Technologies
0 Sell rating(s)
2 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00

Summary

Daktronics beats FARO Technologies on 12 of the 19 factors compared between the two stocks.

Get FARO Technologies News Delivered to You Automatically

Sign up to receive the latest news and ratings for FARO and its competitors with MarketBeat's FREE daily newsletter.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding FARO and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip Chart

Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
Skip Chart

FARO vs. The Competition

MetricFARO TechnologiesMeasuring & controlling devices IndustryComputer SectorNASDAQ Exchange
Market Cap$818.26M$15.88B$26.24B$8.62B
Dividend YieldN/A3.30%2.85%4.17%
P/E Ratio-121.6015.7945.1219.96
Price / Sales2.4018.911,970.82157.63
Price / CashN/A17.3834.7434.64
Price / Book3.002.996.974.69
Net Income-$56.58M$538.63M$740.66M$248.14M
7 Day Performance0.33%58.19%2.04%2.39%
1 Month Performance0.95%64.87%4.32%6.05%
1 Year Performance131.93%10.58%52,595.52%13.60%

FARO Technologies Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
FARO
FARO Technologies
1.7163 of 5 stars
$42.56
+0.0%
$35.50
-16.6%
+133.7%$818.26M$341.05M-121.601,490Positive News
DAKT
Daktronics
4.7632 of 5 stars
$13.17
-11.3%
$26.00
+97.4%
+23.5%$657.09M$799.81M52.682,480Positive News
High Trading Volume
MLAB
Mesa Laboratories
3.4295 of 5 stars
$97.96
-2.6%
$130.00
+32.7%
+9.3%$534.37M$240.98M-2.12680Positive News
VPG
Vishay Precision Group
1.6963 of 5 stars
$25.10
-2.4%
$28.50
+13.5%
-17.5%$332.75M$297.48M33.922,700Positive News
COHR
Coherent
4.5311 of 5 stars
$76.78
+1.5%
$101.00
+31.5%
+21.7%$11.94B$5.60B-187.2723,700Analyst Forecast
BMI
Badger Meter
3.2011 of 5 stars
$252.02
+1.5%
$229.80
-8.8%
+32.1%$7.42B$852.49M59.581,980Positive News
ITRI
Itron
3.726 of 5 stars
$116.46
+0.7%
$127.36
+9.4%
+15.2%$5.31B$2.44B23.865,480Positive News
Insider Trade
CGNX
Cognex
4.9542 of 5 stars
$29.68
-1.0%
$39.17
+32.0%
-29.2%$4.98B$919.75M48.662,440Trending News
Analyst Forecast
Analyst Revision
OSIS
OSI Systems
3.5225 of 5 stars
$217.48
-0.7%
$228.33
+5.0%
+75.4%$3.65B$1.69B27.996,300
QSI
Quantum-Si
2.8959 of 5 stars
$1.68
flat
$3.48
+106.8%
+20.5%$308.28M$3.44M-2.63150Positive News
MASS
908 Devices
2.0348 of 5 stars
$5.95
+4.8%
$5.33
-10.4%
+20.5%$213.37M$63.99M-3.3660Positive News
Analyst Forecast

Related Companies and Tools


This page (NASDAQ:FARO) was last updated on 6/12/2025 by MarketBeat.com Staff
From Our Partners