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FARO Technologies (FARO) Competitors

FARO Technologies logo
$25.29 +0.10 (+0.40%)
Closing price 04/15/2025 04:00 PM Eastern
Extended Trading
$25.30 +0.02 (+0.06%)
As of 04/15/2025 04:47 PM Eastern
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FARO vs. DAKT, MLAB, VPG, COHR, BMI, ITRI, CGNX, OSIS, QSI, and MASS

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), Quantum-Si (QSI), and 908 Devices (MASS).

FARO Technologies vs.

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

FARO Technologies has a beta of 1.55, meaning that its stock price is 55% more volatile than the S&P 500. Comparatively, Daktronics has a beta of 1.34, meaning that its stock price is 34% 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. 2.1% 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 hedge funds, large money managers and endowments believe a company is poised for long-term growth.

In the previous week, Daktronics had 2 more articles in the media than FARO Technologies. MarketBeat recorded 7 mentions for Daktronics and 5 mentions for FARO Technologies. Daktronics' average media sentiment score of 1.12 beat FARO Technologies' score of 0.76 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
2 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Daktronics
5 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

FARO Technologies received 143 more outperform votes than Daktronics when rated by MarketBeat users. However, 64.13% of users gave Daktronics an outperform vote while only 63.17% of users gave FARO Technologies an outperform vote.

CompanyUnderperformOutperform
FARO TechnologiesOutperform Votes
379
63.17%
Underperform Votes
221
36.83%
DaktronicsOutperform Votes
236
64.13%
Underperform Votes
132
35.87%

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%

FARO Technologies presently has a consensus price target of $35.00, suggesting a potential upside of 38.39%. Daktronics has a consensus price target of $26.00, suggesting a potential upside of 108.17%. Given Daktronics' stronger consensus rating and higher possible upside, analysts plainly 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

Daktronics has higher revenue and earnings than FARO Technologies. Daktronics is trading at a lower price-to-earnings ratio than FARO Technologies, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
FARO Technologies$342.43M1.40-$56.58M-$0.48-52.69
Daktronics$799.81M0.82$34.62M-$0.20-62.45

Summary

Daktronics beats FARO Technologies on 14 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$480.06M$15.78B$22.17B$7.57B
Dividend YieldN/A3.40%3.01%4.32%
P/E Ratio-72.2614.8339.4917.82
Price / Sales1.408.971,985.9694.61
Price / CashN/A17.3834.6334.64
Price / Book1.782.425.774.00
Net Income-$56.58M$538.63M$736.02M$247.23M
7 Day Performance-2.09%-2.88%0.76%1.45%
1 Month Performance-14.07%-14.35%-5.36%-6.24%
1 Year Performance34.38%-10.57%52,780.55%0.60%

FARO Technologies Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
FARO
FARO Technologies
3.2424 of 5 stars
$25.29
+0.4%
$35.00
+38.4%
+30.7%$480.06M$342.43M-72.261,490News Coverage
DAKT
Daktronics
4.7415 of 5 stars
$11.41
-1.7%
$26.00
+127.9%
+40.2%$597.17M$799.81M45.642,480Positive News
MLAB
Mesa Laboratories
2.1928 of 5 stars
$109.04
+1.0%
$140.00
+28.4%
+10.6%$592.52M$237.75M-2.36680Gap Down
VPG
Vishay Precision Group
3.5239 of 5 stars
$20.41
-0.1%
$28.50
+39.6%
-38.8%$270.63M$306.52M27.592,700Short Interest ↑
High Trading Volume
COHR
Coherent
4.0083 of 5 stars
$52.73
+4.3%
$111.00
+110.5%
+8.2%$8.17B$5.31B-128.6123,700Analyst Forecast
Short Interest ↑
High Trading Volume
BMI
Badger Meter
3.9293 of 5 stars
$172.73
0.0%
$225.20
+30.4%
+21.3%$5.08B$826.56M40.832,140Upcoming Earnings
Positive News
High Trading Volume
ITRI
Itron
4.5741 of 5 stars
$94.38
-0.4%
$127.64
+35.2%
+13.5%$4.30B$2.44B19.345,480Positive News
CGNX
Cognex
4.7369 of 5 stars
$24.51
-1.8%
$44.83
+82.9%
-39.9%$4.15B$914.52M40.182,914Analyst Forecast
News Coverage
Positive News
Gap Down
High Trading Volume
OSIS
OSI Systems
4.0619 of 5 stars
$178.77
+2.5%
$212.00
+18.6%
+40.6%$3.00B$1.65B23.016,300Gap Down
QSI
Quantum-Si
1.9773 of 5 stars
$1.14
+0.9%
$3.48
+204.8%
-25.9%$208.78M$3.06M-1.78150Short Interest ↑
MASS
908 Devices
2.7307 of 5 stars
$3.81
flat
$5.33
+40.0%
-23.1%$134.61M$59.63M-2.1560News Coverage
Gap Down
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This page (NASDAQ:FARO) was last updated on 4/16/2025 by MarketBeat.com Staff
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