Free Trial

FARO Technologies (FARO) Competitors

FARO Technologies logo
$43.84 +0.07 (+0.15%)
As of 11:15 AM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

FARO vs. DAKT, MLAB, VPG, COHR, BMI, ITRI, CGNX, OSIS, AGYS, and SIMO

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), Itron (ITRI), Cognex (CGNX), OSI Systems (OSIS), Agilysys (AGYS), and Silicon Motion Technology (SIMO).

FARO Technologies vs. Its Competitors

FARO Technologies (NASDAQ:FARO) and Daktronics (NASDAQ:DAKT) are both small-cap electronic equipment & instruments companies, but which is the superior stock? We will contrast the two businesses based on the strength of their analyst recommendations, dividends, institutional ownership, profitability, risk, media sentiment, valuation and earnings.

FARO Technologies has a beta of 1.63, indicating that its share price is 63% more volatile than the S&P 500. Comparatively, Daktronics has a beta of 1.6, indicating that its share price is 60% more volatile than the S&P 500.

97.2% of FARO Technologies shares are owned by institutional investors. Comparatively, 61.7% of Daktronics shares are owned by institutional investors. 2.4% of FARO Technologies shares are owned by insiders. Comparatively, 5.5% of Daktronics shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

In the previous week, FARO Technologies had 4 more articles in the media than Daktronics. MarketBeat recorded 5 mentions for FARO Technologies and 1 mentions for Daktronics. Daktronics' average media sentiment score of 0.75 beat FARO Technologies' score of 0.49 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
0 Very Positive mention(s)
2 Positive mention(s)
2 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral
Daktronics
0 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

FARO Technologies presently has a consensus price target of $35.50, suggesting a potential downside of 19.03%. Daktronics has a consensus price target of $26.00, suggesting a potential upside of 60.30%. Given Daktronics' stronger consensus rating and higher possible 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)
2 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00
Daktronics
0 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
1 Strong Buy rating(s)
3.50

FARO Technologies has a net margin of -0.26% compared to Daktronics' net margin of -1.34%. Daktronics' return on equity of 15.29% beat FARO Technologies' return on equity.

Company Net Margins Return on Equity Return on Assets
FARO Technologies-0.26% -0.35% -0.18%
Daktronics -1.34%15.29%7.48%

FARO Technologies has higher earnings, but lower revenue than Daktronics. 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$342.43M2.47-$9.07M-$0.05-876.90
Daktronics$756.48M1.05-$10.12M-$0.44-36.86

Summary

Daktronics beats FARO Technologies on 10 of the 17 factors compared between the two stocks.

Get FARO Technologies News Delivered to You Automatically

Sign up to receive the latest news and ratings for FARO and its competitors with MarketBeat's FREE daily newsletter.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding FARO and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip Chart

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.
Skip Chart

FARO vs. The Competition

MetricFARO TechnologiesCOMP IndustryComputer SectorNASDAQ Exchange
Market Cap$847.09M$48.62B$28.50B$9.41B
Dividend YieldN/A1.85%3.10%4.06%
P/E Ratio-876.9030.5233.6319.89
Price / Sales2.4722.601,749.91101.69
Price / Cash115.5758.1637.8657.94
Price / Book3.326.077.605.67
Net Income-$9.07M$802.13M$779.03M$257.97M
7 Day Performance-0.22%2.36%2.21%2.41%
1 Month Performance0.15%5.73%7.34%11.57%
1 Year Performance157.16%41.31%52,800.69%18.70%

FARO Technologies Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
FARO
FARO Technologies
2.1691 of 5 stars
$43.85
+0.1%
$35.50
-19.0%
+147.1%$847.09M$342.43M-876.901,232
DAKT
Daktronics
4.7281 of 5 stars
$16.60
-1.8%
$26.00
+56.6%
+12.5%$830.02M$756.48M-37.732,702
MLAB
Mesa Laboratories
3.0986 of 5 stars
$92.94
-10.1%
$130.00
+39.9%
-33.0%$564.09M$240.98M-251.19680Positive News
High Trading Volume
VPG
Vishay Precision Group
2.3824 of 5 stars
$28.28
-4.4%
$28.50
+0.8%
-17.7%$392.14M$297.48M122.962,200
COHR
Coherent
3.3046 of 5 stars
$88.12
-3.1%
$103.00
+16.9%
+32.5%$14.13B$4.71B-383.1326,157Analyst Forecast
BMI
Badger Meter
3.2649 of 5 stars
$238.90
-1.5%
$236.60
-1.0%
+25.0%$7.15B$826.56M52.622,210Positive News
Upcoming Earnings
ITRI
Itron
3.6022 of 5 stars
$134.45
-0.9%
$128.18
-4.7%
+32.7%$6.19B$2.44B24.535,788
CGNX
Cognex
4.6875 of 5 stars
$31.85
-2.1%
$39.17
+23.0%
-34.6%$5.46B$914.52M46.842,914
OSIS
OSI Systems
3.7929 of 5 stars
$230.81
-0.7%
$228.33
-1.1%
+43.3%$3.90B$1.54B28.086,681
AGYS
Agilysys
1.763 of 5 stars
$114.39
-0.8%
$116.57
+1.9%
+11.1%$3.23B$275.62M137.822,200News Coverage
Positive News
Upcoming Earnings
SIMO
Silicon Motion Technology
4.4647 of 5 stars
$73.80
-1.4%
$83.89
+13.7%
-3.1%$2.54B$803.55M26.451,819

Related Companies and Tools


This page (NASDAQ:FARO) was last updated on 7/18/2025 by MarketBeat.com Staff
From Our Partners