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FARO Technologies (FARO) Competitors

FARO Technologies logo
$25.95 -0.12 (-0.46%)
(As of 12:39 PM ET)

FARO vs. DAKT, MLAB, VPG, COHR, BMI, CGNX, 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), Badger Meter (BMI), Cognex (CGNX), Itron (ITRI), OSI Systems (OSIS), Quantum-Si (QSI), and Geospace Technologies (GEOS).

FARO Technologies vs.

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

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

FARO Technologies has a consensus price target of $29.50, suggesting a potential upside of 13.16%. Given FARO Technologies' higher probable upside, analysts clearly believe FARO Technologies is more favorable than Daktronics.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Daktronics
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
1 Strong Buy rating(s)
4.00
FARO Technologies
0 Sell rating(s)
0 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
3.00

In the previous week, Daktronics had 4 more articles in the media than FARO Technologies. MarketBeat recorded 6 mentions for Daktronics and 2 mentions for FARO Technologies. Daktronics' average media sentiment score of 1.15 beat FARO Technologies' score of 0.74 indicating that Daktronics is being referred to more favorably in the media.

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

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$820.60M0.96$34.62M$0.2566.80
FARO Technologies$347.73M1.42-$56.58M-$0.35-74.49

Daktronics has a beta of 1.19, suggesting that its stock price is 19% more volatile than the S&P 500. Comparatively, FARO Technologies has a beta of 1.38, suggesting that its stock price is 38% more volatile than the S&P 500.

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%

FARO Technologies received 139 more outperform votes than Daktronics when rated by MarketBeat users. However, 64.03% of users gave Daktronics an outperform vote while only 62.86% of users gave FARO Technologies an outperform vote.

CompanyUnderperformOutperform
DaktronicsOutperform Votes
235
64.03%
Underperform Votes
132
35.97%
FARO TechnologiesOutperform Votes
374
62.86%
Underperform Votes
221
37.14%

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$493.17M$18.87B$26.18B$9.08B
Dividend YieldN/A3.24%2.78%4.24%
P/E Ratio-74.4819.16238.0817.19
Price / Sales1.429.493,367.32117.12
Price / CashN/A16.1035.9437.85
Price / Book1.843.048.174.78
Net Income-$56.58M$504.25M$686.49M$225.60M
7 Day Performance-7.52%-4.38%0.06%-1.36%
1 Month Performance-3.44%-5.19%4.66%0.20%
1 Year Performance18.66%-4.31%21.80%15.30%

FARO Technologies Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
FARO
FARO Technologies
3.1853 of 5 stars
$26.00
-0.3%
$29.50
+13.5%
+18.7%$491.84M$347.73M-74.281,243
DAKT
Daktronics
4.7931 of 5 stars
$17.21
-2.3%
N/A+94.9%$808.63M$820.60M70.482,831
MLAB
Mesa Laboratories
0.4185 of 5 stars
$131.53
+3.1%
$140.00
+6.4%
+25.7%$714.34M$228.38M-2.86736News Coverage
VPG
Vishay Precision Group
3.6667 of 5 stars
$24.04
+1.2%
$31.00
+29.0%
-30.3%$318.29M$355.05M24.002,300Positive News
COHR
Coherent
4.1014 of 5 stars
$108.75
+2.0%
$105.64
-2.9%
+118.8%$16.82B$4.71B-86.7026,157
BMI
Badger Meter
3.8592 of 5 stars
$228.85
+1.1%
$216.00
-5.6%
+40.7%$6.73B$803.82M56.162,140Positive News
CGNX
Cognex
4.7018 of 5 stars
$37.76
+1.8%
$47.91
+26.9%
-15.3%$6.48B$837.55M71.312,992Analyst Revision
ITRI
Itron
4.6335 of 5 stars
$113.52
+1.4%
$123.92
+9.2%
+45.0%$5.12B$2.17B22.945,859Positive News
OSIS
OSI Systems
3.2809 of 5 stars
$185.06
+1.8%
$179.00
-3.3%
+35.3%$3.09B$1.54B23.736,681
QSI
Quantum-Si
1.9295 of 5 stars
$1.63
-5.2%
$3.25
+99.4%
-30.9%$232.62M$2.27M-2.69150High Trading Volume
GEOS
Geospace Technologies
0.3212 of 5 stars
$10.30
+2.6%
N/A-23.2%$130.90M$135.60M-18.59650Positive News

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This page (NASDAQ:FARO) was last updated on 12/23/2024 by MarketBeat.com Staff
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