FARO Technologies (FARO) Stock Price, News & Analysis

Company Overview

FARO Technologies, Inc. designs, develops, manufactures, markets, and supports software driven three-dimensional measurement, imaging, and realization solutions worldwide. The company offers FaroArm, a combination of a portable articulated measurement arm, a computer, and CAM2 software programs; FARO Laser Tracker, a combination of a portable large-volume laser measurement tool, a computer, and CAM2 software programs; FARO Laser Projector, which provides a virtual template that operators and assemblers can use to position components; FARO Laser Scanning Portfolio to measure and collect a cloud of data points for 3D rendering of an object or area; and FARO Mobile Laser Portfolio provides 3D scanning while attached to other mobile devices, such as drones for metrology, reverse engineering, factory automation, building information modeling, public safety, and other applications. It also provides FARO Software, a software solution that integrate with FARO hardware products to merge data and provide collaborative workflows and applications. It sells its products to automotive, aerospace, and metal and machine fabrication industries. FARO Technologies, Inc. was founded in 1981 and is headquartered in Lake Mary, Florida.

Key Stats

• Today's Range: $42.15 to $42.37
• 50-Day Range: $23.15 to $42.37
• 52-Week Range: $13.52 to $42.64
• Volume: 805,727 shs
• Average Volume: 271,763 shs
• Market Capitalization: $812.11 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $35.50
• Consensus Rating: Hold

FARO Technologies Stock Analysis - MarketRank™

FARO Technologies scored higher than 49% of companies evaluated by MarketBeat, and ranked 420th out of 660 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.0 / 5
• Analyst Rating: Hold

Consensus Rating

FARO Technologies has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

FARO Technologies has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of FARO Technologies is -120.68, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of FARO Technologies is -120.68, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

FARO Technologies has a P/B Ratio of 2.98. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

5.99% of the float of FARO Technologies has been sold short.

Short Interest Ratio / Days to Cover

FARO Technologies has a short interest ratio ("days to cover") of 2.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in FARO Technologies has recently decreased by 8.26%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

FARO Technologies does not currently pay a dividend.

Dividend Growth

FARO Technologies does not have a long track record of dividend growth.

Sustainability and ESG

• Score: 2.5 / 5
• Environmental Score: -1.04

Percentage of Shares Shorted

5.99% of the float of FARO Technologies has been sold short.

Short Interest Ratio / Days to Cover

FARO Technologies has a short interest ratio ("days to cover") of 2.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in FARO Technologies has recently decreased by 8.26%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.4 / 5
• News Sentiment: 1.12

News Sentiment

FARO Technologies has a news sentiment score of 1.12. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.84 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 9 news articles for FARO Technologies this week, compared to 4 articles on an average week.

Search Interest

Only 8 people have searched for FARO on MarketBeat in the last 30 days. This is a decrease of -58% compared to the previous 30 days.

MarketBeat Follows

2 people have added FARO Technologies to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, FARO Technologies insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $178,642.00 in company stock.

Percentage Held by Insiders

Only 2.40% of the stock of FARO Technologies is held by insiders.

Percentage Held by Institutions

97.19% of the stock of FARO Technologies is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

FARO Stock Analysis - Frequently Asked Questions

How have FARO shares performed this year?

FARO Technologies' stock was trading at $25.36 on January 1st, 2025. Since then, FARO stock has increased by 66.6% and is now trading at $42.24.
View the best growth stocks for 2025 here.

How were FARO Technologies' earnings last quarter?

FARO Technologies, Inc. (NASDAQ:FARO) announced its earnings results on Monday, February, 24th. The scientific and technical instruments company reported $0.50 earnings per share for the quarter, beating analysts' consensus estimates of $0.40 by $0.10. The scientific and technical instruments company earned $93.54 million during the quarter, compared to the consensus estimate of $91.40 million. FARO Technologies had a negative net margin of 1.87% and a negative trailing twelve-month return on equity of 2.49%.
Read the conference call transcript.

Does FARO Technologies have any subsidiaries?

FARO Technologies subsidiaries include these companies: SiteScape, GeoSLAM, HoloBuilder, ATS, Dustin Forensics, Opto-Tech Srl, Open Technologies SRL, and more.

Who are FARO Technologies' major shareholders?

FARO Technologies' top institutional investors include Vanguard Group Inc. (8.66%), T. Rowe Price Investment Management Inc. (7.50%), Royce & Associates LP (5.48%) and Driehaus Capital Management LLC (3.82%). Insiders that own company stock include Peter James Lau, Yuval Wasserman, Matthew Horwath and Jeffrey D Sexton.
View institutional ownership trends.

How do I buy shares of FARO Technologies?

Shares of FARO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of FARO Technologies own?

Based on aggregate information from My MarketBeat watchlists, some other companies that FARO Technologies investors own include NVIDIA (NVDA), Tesla (TSLA), Globant (GLOB), Advanced Micro Devices (AMD), Meta Platforms (META), Intel (INTC) and Enovix (ENVX).

Company Calendar

• Last Earnings: 2/24/2025
• Today: 5/16/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: Measuring & controlling devices, not elsewhere classified
• Sub-Industry: Electronic Equipment & Instruments
• Current Symbol: NASDAQ:FARO
• CIK: 917491
• Web: www.faro.com
• Phone: (407) 333-9911
• Fax: 407-333-4181
• Employees: 1,490
• Year Founded: 1981

Price Target and Rating

• Average Stock Price Target: $35.50
• High Stock Price Target: $38.00
• Low Stock Price Target: $33.00
• Potential Upside/Downside: -16.0%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 2 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($0.05)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-56,580,000.00
• Net Margins: -1.87%
• Pretax Margin: -1.42%
• Return on Equity: -2.49%
• Return on Assets: -1.32%

Debt

• Debt-to-Equity Ratio: 0.27
• Current Ratio: 2.17
• Quick Ratio: 1.83

Sales & Book Value

• Annual Sales: $341.05 million
• Price / Sales: 2.38
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $14.17 per share
• Price / Book: 2.98

Miscellaneous

• Outstanding Shares: 19,226,000
• Free Float: 18,520,000
• Market Cap: $812.11 million
• Optionable: Optionable
• Beta: 1.49