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FARO Technologies (FARO) Competitors

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$43.90 -0.03 (-0.06%)
Closing price 02:58 PM Eastern
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$43.90 0.00 (0.00%)
As of 04:05 PM Eastern
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FARO vs. DAKT, MLAB, VPG, COHR, BMI, ITRI, CGNX, OSIS, AGYS, and SIMO

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), Agilysys (AGYS), and Silicon Motion Technology (SIMO).

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 superior business? We will contrast the two businesses based on the strength of their institutional ownership, analyst recommendations, profitability, valuation, media sentiment, earnings, dividends and risk.

61.7% of Daktronics shares are owned by institutional investors. Comparatively, 97.2% of FARO Technologies shares are owned by institutional investors. 5.5% of Daktronics shares are owned by company insiders. Comparatively, 2.4% of FARO Technologies shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

Daktronics has a beta of 1.6, meaning that its stock price is 60% more volatile than the S&P 500. Comparatively, FARO Technologies has a beta of 1.63, meaning that its stock price is 63% more volatile than the S&P 500.

FARO Technologies has a net margin of -0.26% compared to Daktronics' net margin of -1.34%. Daktronics' return on equity of 15.29% beat FARO Technologies' return on equity.

Company Net Margins Return on Equity Return on Assets
Daktronics-1.34% 15.29% 7.48%
FARO Technologies -0.26%-0.35%-0.18%

In the previous week, Daktronics had 9 more articles in the media than FARO Technologies. MarketBeat recorded 11 mentions for Daktronics and 2 mentions for FARO Technologies. Daktronics' average media sentiment score of 0.55 beat FARO Technologies' score of 0.00 indicating that Daktronics is being referred to more favorably in the media.

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

Daktronics currently has a consensus price target of $26.00, indicating a potential upside of 53.94%. FARO Technologies has a consensus price target of $35.50, indicating a potential downside of 19.13%. Given Daktronics' stronger consensus rating and higher probable upside, equities analysts clearly 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

FARO Technologies has lower revenue, but higher earnings than Daktronics. 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$756.48M1.10-$10.12M-$0.44-38.39
FARO Technologies$342.43M2.48-$9.07M-$0.05-877.90

Summary

Daktronics beats FARO Technologies on 11 of the 17 factors compared between the two stocks.

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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.
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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.
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FARO vs. The Competition

MetricFARO TechnologiesCOMP IndustryComputer SectorNASDAQ Exchange
Market Cap$848.05M$47.44B$27.56B$9.01B
Dividend YieldN/A1.81%3.15%4.11%
P/E Ratio-877.9029.5636.2820.06
Price / Sales2.4821.072,001.61108.02
Price / Cash115.7558.6437.6556.90
Price / Book3.336.037.255.67
Net Income-$9.07M$802.13M$762.23M$248.47M
7 Day Performance0.17%3.50%2.71%2.90%
1 Month Performance3.38%6.63%6.67%5.75%
1 Year Performance170.29%47.72%52,251.43%21.36%

FARO Technologies Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
FARO
FARO Technologies
1.4852 of 5 stars
$43.90
-0.1%
$35.50
-19.1%
+175.4%$848.05M$342.43M-877.901,232
DAKT
Daktronics
4.8567 of 5 stars
$14.87
+4.5%
$26.00
+74.8%
+25.1%$709.98M$818.08M-74.352,831Analyst Revision
MLAB
Mesa Laboratories
3.0803 of 5 stars
$97.91
+2.2%
$130.00
+32.8%
+14.7%$522.74M$240.98M-264.62680News Coverage
High Trading Volume
VPG
Vishay Precision Group
1.2778 of 5 stars
$26.00
+0.3%
$28.50
+9.6%
-2.4%$343.76M$306.52M113.042,200
COHR
Coherent
4.0945 of 5 stars
$80.66
-0.7%
$103.00
+27.7%
+21.2%$12.62B$4.71B-350.7026,157
BMI
Badger Meter
3.6486 of 5 stars
$246.33
+1.1%
$236.60
-3.9%
+28.6%$7.17B$826.56M54.262,210
ITRI
Itron
3.8665 of 5 stars
$130.81
+2.4%
$128.18
-2.0%
+35.7%$5.83B$2.44B23.875,788
CGNX
Cognex
4.7974 of 5 stars
$29.83
+0.7%
$39.17
+31.3%
-30.5%$4.97B$914.52M43.872,914Positive News
OSIS
OSI Systems
3.4241 of 5 stars
$215.69
+0.3%
$228.33
+5.9%
+66.7%$3.61B$1.54B26.246,681News Coverage
AGYS
Agilysys
1.8999 of 5 stars
$113.15
+4.3%
$116.57
+3.0%
+8.1%$3.04B$275.62M136.332,200Positive News
SIMO
Silicon Motion Technology
4.5516 of 5 stars
$70.02
+0.1%
$83.89
+19.8%
-8.7%$2.38B$803.55M25.101,819

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This page (NASDAQ:FARO) was last updated on 7/3/2025 by MarketBeat.com Staff
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