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How to buy FARO Technologies stock
Own FARO Technologies stock in just a few minutes.
FARO Technologies, Inc is a scientific & technical instruments business based in the US. FARO Technologies shares (FARO) are listed on the NASDAQ and all prices are listed in US Dollars. FARO Technologies employs 1,364 staff and has a trailing 12-month revenue of around USD$303.8 million.
How to buy shares in FARO Technologies
- Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
- Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
- Search for FARO Technologies. Find the stock by name or ticker symbol: FARO. Research its history to confirm it's a solid investment against your financial goals.
- Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until FARO Technologies reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
- Decide on how many to buy. Weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of FARO Technologies, depending on your broker.
- Check in on your investment. Congratulations, you own a part of FARO Technologies. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.
What's in this guide?
FARO Technologies share price
Use our graph to track the performance of FARO stocks over time.FARO Technologies shares at a glance
Information last updated 2021-03-03.
| 52-week range | USD$35.15 - USD$97.88 |
|---|---|
| 50-day moving average | USD$80.4974 |
| 200-day moving average | USD$68.1138 |
| Wall St. target price | USD$99.33 |
| PE ratio | 2695.4285 |
| Dividend yield | N/A (0%) |
| Earnings per share (TTM) | USD$0.035 |
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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
Is it a good time to buy FARO Technologies stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Is FARO Technologies under- or over-valued?
Valuing FARO Technologies stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of FARO Technologies's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
FARO Technologies's P/E ratio
FARO Technologies's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 2695x. In other words, FARO Technologies shares trade at around 2695x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
FARO Technologies's EBITDA
FARO Technologies's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$3.7 million.
The EBITDA is a measure of a FARO Technologies's overall financial performance and is widely used to measure a its profitability.
FARO Technologies financials
| Revenue TTM | USD$303.8 million |
|---|---|
| Gross profit TTM | USD$159.8 million |
| Return on assets TTM | -1.84% |
| Return on equity TTM | 0.18% |
| Profit margin | 0.21% |
| Book value | $20.027 |
| Market capitalisation | USD$1.7 billion |
TTM: trailing 12 months
Shorting FARO Technologies shares
There are currently 429,230 FARO Technologies shares held short by investors – that's known as FARO Technologies's "short interest". This figure is 0.9% down from 433,096 last month.
There are a few different ways that this level of interest in shorting FARO Technologies shares can be evaluated.
FARO Technologies's "short interest ratio" (SIR)
FARO Technologies's "short interest ratio" (SIR) is the quantity of FARO Technologies shares currently shorted divided by the average quantity of FARO Technologies shares traded daily (recently around 89051.867219917). FARO Technologies's SIR currently stands at 4.82. In other words for every 100,000 FARO Technologies shares traded daily on the market, roughly 4820 shares are currently held short.
However FARO Technologies's short interest can also be evaluated against the total number of FARO Technologies shares, or, against the total number of tradable FARO Technologies shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case FARO Technologies's short interest could be expressed as 0.02% of the outstanding shares (for every 100,000 FARO Technologies shares in existence, roughly 20 shares are currently held short) or 0.0331% of the tradable shares (for every 100,000 tradable FARO Technologies shares, roughly 33 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against FARO Technologies.
Find out more about how you can short FARO Technologies stock.
FARO Technologies share dividends
We're not expecting FARO Technologies to pay a dividend over the next 12 months.
FARO Technologies share price volatility
Over the last 12 months, FARO Technologies's shares have ranged in value from as little as $35.15 up to $97.88. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while FARO Technologies's is 1.4077. This would suggest that FARO Technologies's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
FARO Technologies overview
FARO Technologies, Inc. designs, develops, manufactures, markets, and supports software driven three-dimensional (3D) measurement, imaging, and realization solutions worldwide. It operates through three segments: 3D Manufacturing, Construction BIM, and Emerging Verticals. The company offers FaroArm, a combination of a portable articulated measurement arm, a computer, and CAM2 software programs; FARO Laser Projector, which provides a virtual template that operators and assemblers can use to quickly and accurately position components; and FARO Focus laser scanner to measure and collect a cloud of data points. In addition, the company offers FARO ScanPlan, a handheld mapper that captures two-dimensional floor plans; and FARO Software, a family of computer-aided design-based measurement and laser scanner software. FARO Technologies, Inc. offers its products for metrology, reverse engineering, factory automation, building information modeling, public safety, and other applications. FARO Technologies, Inc. was founded in 1981 and is headquartered in Lake Mary, Florida.
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