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FARO Technologies (FARO) Competitors

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$42.00 0.00 (0.00%)
Closing price 04:00 PM Eastern
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FARO vs. DAKT, MLAB, VPG, COHR, BMI, CGNX, ITRI, 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), Cognex (CGNX), Itron (ITRI), OSI Systems (OSIS), Quantum-Si (QSI), and 908 Devices (MASS).

FARO Technologies vs.

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

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%

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 hedge funds, large money managers and endowments believe a company is poised for long-term growth.

In the previous week, Daktronics had 3 more articles in the media than FARO Technologies. MarketBeat recorded 7 mentions for Daktronics and 4 mentions for FARO Technologies. FARO Technologies' average media sentiment score of 1.33 beat Daktronics' score of 1.26 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
6 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
FARO Technologies
2 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Daktronics has a beta of 1.56, indicating that its share price is 56% more volatile than the S&P 500. Comparatively, FARO Technologies has a beta of 1.49, indicating that its share price is 49% more volatile than the S&P 500.

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 currently has a consensus price target of $26.00, indicating a potential upside of 66.67%. FARO Technologies has a consensus price target of $35.50, indicating a potential downside of 15.48%. Given Daktronics' stronger consensus rating and higher possible 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

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$799.81M0.97$34.62M-$0.20-78.00
FARO Technologies$341.05M2.37-$56.58M-$0.05-840.00

Summary

Daktronics beats FARO Technologies on 14 of the 19 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 {thisCompany.Symbol} 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 TechnologiesMeasuring & controlling devices IndustryComputer SectorNASDAQ Exchange
Market Cap$807.49M$15.20B$25.06B$8.39B
Dividend YieldN/A3.38%2.89%4.10%
P/E Ratio-120.0015.0944.4119.70
Price / Sales2.3710.702,078.85122.35
Price / CashN/A17.3834.7834.62
Price / Book2.962.806.704.50
Net Income-$56.58M$538.63M$739.31M$248.22M
7 Day Performance-0.66%0.07%-1.01%-0.80%
1 Month Performance59.09%13.03%11.43%11.52%
1 Year Performance121.64%6.76%52,711.75%8.99%

FARO Technologies Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
FARO
FARO Technologies
2.432 of 5 stars
$42.00
flat
$35.50
-15.5%
+122.3%$807.49M$341.05M-120.001,490Positive News
High Trading Volume
DAKT
Daktronics
4.8563 of 5 stars
$15.39
+1.9%
$26.00
+68.9%
+40.5%$767.85M$799.81M61.562,480News Coverage
Positive News
Gap Down
MLAB
Mesa Laboratories
3.1445 of 5 stars
$118.55
-3.2%
$140.00
+18.1%
-2.9%$644.20M$237.75M-2.56680Positive News
VPG
Vishay Precision Group
1.7198 of 5 stars
$26.49
-1.1%
$28.50
+7.6%
-21.2%$351.18M$297.48M35.802,700Positive News
Gap Down
COHR
Coherent
4.6516 of 5 stars
$79.44
+1.1%
$102.80
+29.4%
+38.1%$12.35B$5.60B-193.7623,700Analyst Forecast
Gap Up
BMI
Badger Meter
3.3774 of 5 stars
$243.17
-0.7%
$229.80
-5.5%
+22.2%$7.16B$852.49M57.491,980Positive News
CGNX
Cognex
4.9438 of 5 stars
$30.99
-1.9%
$39.17
+26.4%
-38.1%$5.20B$919.75M50.802,440Positive News
ITRI
Itron
3.9779 of 5 stars
$113.99
-0.7%
$127.36
+11.7%
+4.2%$5.20B$2.44B23.365,480Positive News
OSIS
OSI Systems
3.2056 of 5 stars
$229.65
-1.0%
$228.33
-0.6%
+63.3%$3.86B$1.69B29.566,300Positive News
Insider Trade
QSI
Quantum-Si
2.2762 of 5 stars
$1.41
-4.7%
$3.48
+146.5%
-1.1%$258.23M$3.06M-2.20150News Coverage
Analyst Revision
MASS
908 Devices
2.7961 of 5 stars
$4.77
+4.1%
$5.33
+11.8%
-30.0%$171.06M$63.99M-2.6960Positive News
Analyst Revision
Gap Down

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This page (NASDAQ:FARO) was last updated on 5/23/2025 by MarketBeat.com Staff
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