Faro Technologies Stock Today

FARO Stock  USD 25.50  0.20  0.78%   

Performance

11 of 100

 
Weak
 
Strong
Good

Odds Of Distress

Less than 12

 
High
 
Low
Low
FARO Technologies is selling at 25.50 as of the 21st of November 2024; that is 0.78 percent decrease since the beginning of the trading day. The stock's open price was 25.7. FARO Technologies has less than a 12 % chance of experiencing some financial distress in the next two years of operation and had a good performance during the last 90 days. Equity ratings for FARO Technologies are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of November 2023 and ending today, the 21st of November 2024. Click here to learn more.
Business Domain
Technology Hardware & Equipment
IPO Date
18th of September 1997
Category
Technology
Classification
Information Technology
FARO Technologies, Inc. designs, develops, manufactures, markets, and supports software driven three-dimensional measurement, imaging, and realization solutions in North America, South America, Europe, the Middle East, Africa, and the Asia-Pacific. FARO Technologies, Inc. The company has 18.92 M outstanding shares of which 1.08 M shares are currently shorted by private and institutional investors with about 11.88 trading days to cover. More on FARO Technologies

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FARO Stock Highlights

ESG Sustainability
Environmental
Governance
Social
President CEO, DirectorMichael Burger
Thematic Ideas
(View all Themes)
Business ConcentrationElectronic Equipment, Instruments & Components, Scientific & Technical Instruments, Information Technology, NASDAQ Composite, Nasdaq CTA Artificial, Computers, Measuring and Control Equipment, Information Technology, Electronic Equipment, Instruments & Components, Scientific & Technical Instruments, Technology, Computing (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.910.711
Significantly Up
Slightly volatile
Gross Profit Margin0.620.4598
Significantly Up
Pretty Stable
Total Current Liabilities118.9 M113.3 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total129 M122.8 M
Sufficiently Up
Slightly volatile
Total Assets293.7 M504.7 M
Way Down
Slightly volatile
Total Current Assets201.2 M261.6 M
Way Down
Pretty Stable
Debt Levels
FARO Technologies can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand FARO Technologies' financial leverage. It provides some insight into what part of FARO Technologies' total assets is financed by creditors.
Liquidity
FARO Technologies currently holds 89.03 M in liabilities with Debt to Equity (D/E) ratio of 0.07, which may suggest the company is not taking enough advantage from borrowing. FARO Technologies has a current ratio of 2.52, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about FARO Technologies' use of debt, we should always consider it together with its cash and equity.

Depreciation

8.39 Million
FARO Technologies (FARO) is traded on NASDAQ Exchange in USA. It is located in 125 Technology Park, Lake Mary, FL, United States, 32746 and employs 1,243 people. FARO Technologies is listed under Electronic Equipment, Instruments & Components category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 482.39 M. FARO Technologies conducts business under Electronic Equipment, Instruments & Components sector and is part of Information Technology industry. The entity has 18.92 M outstanding shares of which 1.08 M shares are currently shorted by private and institutional investors with about 11.88 trading days to cover. FARO Technologies currently holds about 101.97 M in cash with 1.07 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.58.
Check FARO Technologies Probability Of Bankruptcy
Ownership Allocation
The majority of FARO Technologies outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to obtain positions in FARO Technologies to benefit from reduced commissions. Thus, institutional investors are subject to a different set of regulations than regular investors in FARO Technologies. Please pay attention to any change in the institutional holdings of FARO Technologies as this could imply that something significant has changed or is about to change at the company.
Check FARO Ownership Details

FARO Stock Institutional Holders

InstituionRecorded OnShares
Kennedy Capital Management Inc2024-06-30
484 K
Geode Capital Management, Llc2024-06-30
431.9 K
Ameriprise Financial Inc2024-06-30
421.5 K
Prudential Financial Inc2024-09-30
416.4 K
State Street Corp2024-06-30
400.7 K
Jacobs Levy Equity Management, Inc.2024-06-30
371.8 K
Invenomic Capital Management, Lp2024-06-30
322.2 K
Assenagon Asset Management Sa2024-09-30
322 K
Millennium Management Llc2024-06-30
261.6 K
Divisar Capital Management, Llc2024-06-30
1.8 M
Blackrock Inc
1.7 M
View FARO Technologies Diagnostics

FARO Technologies Historical Income Statement

At this time, FARO Technologies' Depreciation And Amortization is very stable compared to the past year. As of the 21st of November 2024, Interest Expense is likely to grow to about 3.5 M, while Total Revenue is likely to drop about 224.1 M. View More Fundamentals

FARO Stock Against Markets

FARO Technologies Corporate Management

When determining whether FARO Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of FARO Technologies' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Faro Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Faro Technologies Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FARO Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
To learn how to invest in FARO Stock, please use our How to Invest in FARO Technologies guide.
You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Is Electronic Equipment, Instruments & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of FARO Technologies. If investors know FARO will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about FARO Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.33)
Revenue Per Share
18.152
Quarterly Revenue Growth
(0.05)
Return On Assets
0.013
Return On Equity
(0.03)
The market value of FARO Technologies is measured differently than its book value, which is the value of FARO that is recorded on the company's balance sheet. Investors also form their own opinion of FARO Technologies' value that differs from its market value or its book value, called intrinsic value, which is FARO Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because FARO Technologies' market value can be influenced by many factors that don't directly affect FARO Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between FARO Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if FARO Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FARO Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.