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FARO Technologies (FARO) Competitors

FARO Technologies logo
$31.56 +0.08 (+0.25%)
As of 03:45 PM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

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

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), Cognex (CGNX), Badger Meter (BMI), Itron (ITRI), OSI Systems (OSIS), Quantum-Si (QSI), and Geospace Technologies (GEOS).

FARO Technologies vs.

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

FARO Technologies currently has a consensus target price of $33.50, indicating a potential upside of 6.35%. Daktronics has a consensus target price of $26.00, indicating a potential upside of 47.43%. Given Daktronics' stronger consensus rating and higher probable upside, analysts clearly believe Daktronics is more favorable than FARO Technologies.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
FARO Technologies
0 Sell rating(s)
0 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
3.00
Daktronics
0 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
1 Strong Buy rating(s)
3.50

FARO Technologies received 139 more outperform votes than Daktronics when rated by MarketBeat users. However, 64.13% of users gave Daktronics an outperform vote while only 62.92% of users gave FARO Technologies an outperform vote.

CompanyUnderperformOutperform
FARO TechnologiesOutperform Votes
375
62.92%
Underperform Votes
221
37.08%
DaktronicsOutperform Votes
236
64.13%
Underperform Votes
132
35.87%

97.2% of FARO Technologies shares are held by institutional investors. Comparatively, 61.7% of Daktronics shares are held by institutional investors. 2.1% of FARO Technologies shares are held by insiders. Comparatively, 8.1% of Daktronics shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

In the previous week, FARO Technologies had 3 more articles in the media than Daktronics. MarketBeat recorded 14 mentions for FARO Technologies and 11 mentions for Daktronics. Daktronics' average media sentiment score of 0.66 beat FARO Technologies' score of 0.54 indicating that Daktronics is being referred to more favorably in the news media.

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

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
FARO Technologies-1.87% -2.49% -1.32%
Daktronics 3.62%19.61%8.96%

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
FARO Technologies$358.83M1.66-$56.58M-$0.35-90.00
Daktronics$820.60M1.01$34.62M$0.2570.54

FARO Technologies has a beta of 1.38, indicating that its share price is 38% more volatile than the S&P 500. Comparatively, Daktronics has a beta of 1.17, indicating that its share price is 17% more volatile than the S&P 500.

Summary

Daktronics beats FARO Technologies on 13 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$595.98M$20.05B$26.57B$9.10B
Dividend YieldN/A2.99%2.73%3.99%
P/E Ratio-90.0010.95196.4613.79
Price / Sales1.6628.533,475.4482.33
Price / CashN/A19.7935.3636.95
Price / Book2.223.398.594.69
Net Income-$56.58M$504.25M$670.02M$224.57M
7 Day Performance7.88%4.60%2.31%1.69%
1 Month Performance20.83%16.51%7.19%5.34%
1 Year Performance47.20%7.62%27.47%21.47%

FARO Technologies Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
FARO
FARO Technologies
2.5609 of 5 stars
$31.56
+0.3%
$33.50
+6.1%
+51.7%$594.94M$358.83M-89.841,243
DAKT
Daktronics
4.9662 of 5 stars
$16.64
+0.8%
N/A+120.9%$781.91M$818.08M66.562,831Analyst Forecast
Short Interest ↑
News Coverage
Gap Up
MLAB
Mesa Laboratories
0.9246 of 5 stars
$139.61
+1.8%
$140.00
+0.3%
+60.8%$758.22M$228.38M-3.06680
VPG
Vishay Precision Group
3.3571 of 5 stars
$22.77
-2.4%
$31.00
+36.1%
-23.8%$301.48M$355.05M23.002,300
COHR
Coherent
3.5522 of 5 stars
$98.32
+2.8%
$110.50
+12.4%
+123.9%$15.21B$5.00B-79.9426,157News Coverage
Gap Up
CGNX
Cognex
4.8775 of 5 stars
$39.73
+0.9%
$47.92
+20.6%
+9.0%$6.81B$837.55M76.412,992Analyst Revision
BMI
Badger Meter
3.8983 of 5 stars
$215.06
+0.5%
$216.00
+0.4%
+44.5%$6.33B$703.59M53.372,140Positive News
ITRI
Itron
4.8372 of 5 stars
$105.36
+0.9%
$123.92
+17.6%
+41.1%$4.75B$2.41B21.595,859News Coverage
Positive News
OSIS
OSI Systems
3.8357 of 5 stars
$166.56
-0.9%
$179.00
+7.5%
+35.0%$2.78B$1.54B21.746,681Upcoming Earnings
News Coverage
QSI
Quantum-Si
2.2989 of 5 stars
$2.24
-11.8%
$3.25
+45.1%
+53.5%$319.67M$1.08M-3.50150
GEOS
Geospace Technologies
0.4882 of 5 stars
$9.74
-1.7%
N/A-35.2%$124.86M$135.60M-18.04650Short Interest ↑

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This page (NASDAQ:FARO) was last updated on 1/22/2025 by MarketBeat.com Staff
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