NASDAQ:FARO FARO Technologies (FARO) Stock Price, News & Analysis $26.07 +0.44 (+1.72%) (As of 12/20/2024 05:45 PM ET) Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends About FARO Technologies Stock (NASDAQ:FARO) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Get FARO Technologies alerts:Sign Up Key Stats Today's Range$24.95▼$26.7250-Day Range$17.54▼$28.2052-Week Range$13.52▼$29.30Volume476,795 shsAverage Volume173,561 shsMarket Capitalization$493.17 millionP/E RatioN/ADividend YieldN/APrice Target$29.50Consensus RatingBuy Company OverviewFARO 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.Read More… FARO Technologies Stock Analysis - MarketRank™See Top Rated MarketRank™ Stocks64th Percentile Overall ScoreFARO MarketRank™: FARO Technologies scored higher than 64% of companies evaluated by MarketBeat, and ranked 306th out of 652 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 Opinion2.5 / 5Analyst RatingBuy Consensus RatingFARO Technologies has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageFARO Technologies has only been the subject of 2 research reports in the past 90 days.Read more about FARO Technologies' stock forecast and price target. Earnings and Valuation0.0 / 5Proj. Earnings GrowthN/A Price to Earnings Ratio vs. the MarketThe P/E ratio of FARO Technologies is -74.48, 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. SectorThe P/E ratio of FARO Technologies is -74.48, 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 RatioFARO Technologies has a P/B Ratio of 1.84. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Short Interest4.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted4.80% of the float of FARO Technologies has been sold short.Short Interest Ratio / Days to CoverFARO Technologies has a short interest ratio ("days to cover") of 5.8.Change versus previous monthShort interest in FARO Technologies has recently decreased by 17.00%, indicating that investor sentiment is improving significantly. Dividend0.0 / 5Dividend StrengthN/A Dividend YieldFARO Technologies does not currently pay a dividend.Dividend GrowthFARO Technologies does not have a long track record of dividend growth. Sustainability and ESG2.5 / 5Environmental Score-1.04 Percentage of Shares Shorted4.80% of the float of FARO Technologies has been sold short.Short Interest Ratio / Days to CoverFARO Technologies has a short interest ratio ("days to cover") of 5.8.Change versus previous monthShort interest in FARO Technologies has recently decreased by 17.00%, indicating that investor sentiment is improving significantly. News and Social Media2.1 / 5News Sentiment0.74 News SentimentFARO Technologies has a news sentiment score of 0.74. 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 0.62 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 2 news articles for FARO Technologies this week, compared to 3 articles on an average week.Search InterestOnly 1 people have searched for FARO on MarketBeat in the last 30 days. This is a decrease of -75% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added FARO Technologies to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% compared to the previous 30 days. Company Ownership1.7 / 5Insider TradingN/A Insider Buying vs. Insider SellingIn the past three months, FARO Technologies insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 2.10% of the stock of FARO Technologies is held by insiders.Percentage Held by Institutions97.19% of the stock of FARO Technologies is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about FARO Technologies' insider trading history. Receive FARO Stock News and Ratings via Email Sign-up to receive the latest news and ratings for FARO Technologies and its competitors with MarketBeat's FREE daily newsletter. Email Address FARO Stock News HeadlinesTop 3 Cutting-Edge Micro-Caps Set for 2025 GrowthThese three high-tech micro-cap stocks have made solid business progress in 2024, warranting them to be on investors radars in 2025.December 17, 2024 | marketbeat.comFaro Technologies price target raised to $33 from $30 at Craig-HallumDecember 14, 2024 | markets.businessinsider.comCould This Tiny Device Help You Make an Extra $30k a Year?I believe it’s going to power Elon Musk’s next AI revolution… A revolution he believes will be worth more than $9 trillion. That’s nearly 10 times more money than the market caps of Tesla… SpaceX… PayPal… Neuralink… and X… COMBINED.December 23, 2024 | Brownstone Research (Ad)3 Small-Cap Tech Stocks With Disruptive PotentialDecember 4, 2024 | stocknews.comFaro Technologies management to meet with Craig-HallumNovember 27, 2024 | markets.businessinsider.comFARO Technologies, Inc. (NASDAQ:FARO) Q3 2024 Earnings Call TranscriptNovember 9, 2024 | insidermonkey.comFARO Technologies Third Quarter 2024 Earnings: Beats ExpectationsNovember 8, 2024 | finance.yahoo.comFaro Technologies: Strong Performance and Promising Outlook Justify Buy RatingNovember 8, 2024 | markets.businessinsider.comSee More Headlines FARO Stock Analysis - Frequently Asked Questions How have FARO shares performed this year? FARO Technologies' stock was trading at $22.53 at the beginning of 2024. Since then, FARO shares have increased by 15.7% and is now trading at $26.07. View the best growth stocks for 2024 here. How were FARO Technologies' earnings last quarter? FARO Technologies, Inc. (NASDAQ:FARO) issued its quarterly earnings results on Wednesday, May, 1st. The scientific and technical instruments company reported ($0.38) EPS for the quarter, missing analysts' consensus estimates of ($0.27) by $0.11. The scientific and technical instruments company had revenue of $84.24 million for the quarter. FARO Technologies had a negative net margin of 1.87% and a negative trailing twelve-month return on equity of 2.49%. Does FARO Technologies have any subsidiaries? FARO Technologies subsidiaries include SiteScape, GeoSLAM, HoloBuilder, ATS, Dustin Forensics, Opto-Tech Srl, Open Technologies SRL, and more. Who are FARO Technologies' major shareholders? Top institutional shareholders of FARO Technologies include Royce & Associates LP (7.23%), Needham Investment Management LLC (5.44%), Harvey Partners LLC (5.32%) and Polar Asset Management Partners Inc. (3.58%). Insiders that own company stock include Peter James Lau, 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. Compare Top Brokerages Here. 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 Earnings5/01/2024Today12/23/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorComputer and Technology Industry Measuring & controlling devices, not elsewhere classified Sub-IndustryElectronic Equipment & Instruments Current SymbolNASDAQ:FARO CUSIP31164210 CIK917491 Webwww.faro.com Phone(407) 333-9911Fax407-333-4181Employees1,243Year Founded1981Price Target and Rating Average Stock Price Target$29.50 High Stock Price Target$33.00 Low Stock Price Target$26.00 Potential Upside/Downside+13.2%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)($0.35) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-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 Ratio0.27 Current Ratio2.17 Quick Ratio1.83 Sales & Book Value Annual Sales$347.73 million Price / Sales1.42 Cash FlowN/A Price / Cash FlowN/A Book Value$14.17 per share Price / Book1.84Miscellaneous Outstanding Shares18,917,000Free Float18,520,000Market Cap$493.17 million OptionableOptionable Beta1.38 Social Links The Best High-Yield Dividend Stocks for 2024Looking to generate income with your stock portfolio? 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