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FARO Technologies NasdaqGS:FARO Stock Report

Last Price

US$30.84

Market Cap

US$583.4m

7D

7.6%

1Y

40.3%

Updated

21 Jan, 2025

Data

Company Financials +

FARO Technologies, Inc.

NasdaqGS:FARO Stock Report

Market Cap: US$583.4m

My Notes

Capture your thoughts, links and company narrative

FARO Technologies, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for FARO Technologies
Historical stock prices
Current Share PriceUS$30.84
52 Week HighUS$32.50
52 Week LowUS$13.52
Beta1.38
1 Month Change18.30%
3 Month Change74.83%
1 Year Change40.31%
3 Year Change-44.12%
5 Year Change-40.45%
Change since IPO89.78%

Recent News & Updates

Recent updates

FARO Technologies: A Strong Performer, But I'm Staying Cautious

Jan 19

We Like These Underlying Return On Capital Trends At FARO Technologies (NASDAQ:FARO)

Jan 15
We Like These Underlying Return On Capital Trends At FARO Technologies (NASDAQ:FARO)

FARO Technologies (NASDAQ:FARO) Has A Pretty Healthy Balance Sheet

Dec 24
FARO Technologies (NASDAQ:FARO) Has A Pretty Healthy Balance Sheet

Improved Revenues Required Before FARO Technologies, Inc. (NASDAQ:FARO) Stock's 47% Jump Looks Justified

Nov 11
Improved Revenues Required Before FARO Technologies, Inc. (NASDAQ:FARO) Stock's 47% Jump Looks Justified

At US$17.42, Is FARO Technologies, Inc. (NASDAQ:FARO) Worth Looking At Closely?

Aug 26
At US$17.42, Is FARO Technologies, Inc. (NASDAQ:FARO) Worth Looking At Closely?

Health Check: How Prudently Does FARO Technologies (NASDAQ:FARO) Use Debt?

Jul 17
Health Check: How Prudently Does FARO Technologies (NASDAQ:FARO) Use Debt?

Lacklustre Performance Is Driving FARO Technologies, Inc.'s (NASDAQ:FARO) Low P/S

Dec 18
Lacklustre Performance Is Driving FARO Technologies, Inc.'s (NASDAQ:FARO) Low P/S

Is FARO Technologies (NASDAQ:FARO) Using Debt In A Risky Way?

Aug 04
Is FARO Technologies (NASDAQ:FARO) Using Debt In A Risky Way?

FARO Technologies acquires mobile scanning firm GeoSLAM in cash-and-stock deal

Sep 01

FARO Technologies Needs A Break

Jun 24

Shareholder Returns

FAROUS ElectronicUS Market
7D7.6%4.2%3.1%
1Y40.3%24.6%23.7%

Return vs Industry: FARO exceeded the US Electronic industry which returned 24.6% over the past year.

Return vs Market: FARO exceeded the US Market which returned 23.7% over the past year.

Price Volatility

Is FARO's price volatile compared to industry and market?
FARO volatility
FARO Average Weekly Movement12.7%
Electronic Industry Average Movement6.6%
Market Average Movement6.5%
10% most volatile stocks in US Market18.9%
10% least volatile stocks in US Market3.2%

Stable Share Price: FARO's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: FARO's weekly volatility (13%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
19811,243Peter Lauwww.faro.com

FARO 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.

FARO Technologies, Inc. Fundamentals Summary

How do FARO Technologies's earnings and revenue compare to its market cap?
FARO fundamental statistics
Market capUS$583.41m
Earnings (TTM)-US$6.49m
Revenue (TTM)US$347.73m

1.7x

P/S Ratio

-89.9x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FARO income statement (TTM)
RevenueUS$347.73m
Cost of RevenueUS$154.03m
Gross ProfitUS$193.70m
Other ExpensesUS$200.19m
Earnings-US$6.49m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.34
Gross Margin55.70%
Net Profit Margin-1.87%
Debt/Equity Ratio27.4%

How did FARO perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/21 07:24
End of Day Share Price 2025/01/17 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

FARO Technologies, Inc. is covered by 15 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Robert MasonBaird
Andrew DeGasperiBerenberg
Robert BurlesonCanaccord Genuity