How to buy FARO Technologies (FARO) stock

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 0.00.

FARO Technologies stock price (NASDAQ: FARO)

Use our graph to track the performance of FARO stocks over time.

FARO Technologies shares at a glance

• Key figures

Information last updated 2021-07-23.

Latest market close	$75.65
52-week range	$54.89 - $97.88
50-day moving average	$76.73
200-day moving average	$80.32
Wall St. target price	$96.67
PE ratio	107.8235
Dividend yield	N/A (0%)
Earnings per share (TTM)	$0.68

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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.

Technical Analysis of FARO Technologies, Inc by TradingView

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.

FARO Technologies price performance over time

Historical closes compared with the close of $75.65 from 2021-05-28

1 week (2021-07-15)	N/A
1 month (2021-06-25)	-4.72%
3 months (2021-04-26)	-15.22%
6 months (2021-01-22)	N/A

1 year (2020-07-22)	N/A
2 years (2019-07-22)	N/A
3 years (2018-07-22)	N/A
5 years (2016-07-22)	N/A

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 108x. In other words, FARO Technologies shares trade at around 108x 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 $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	$300.6 million
Gross profit TTM	$159.8 million
Return on assets TTM	-2.18%
Return on equity TTM	3.66%
Profit margin	4.07%
Book value	$19.32
Market capitalisation	$1.3 billion

TTM: trailing 12 months

Shorting FARO Technologies shares

There are currently 345,792 FARO Technologies shares held short by investors – that's known as FARO Technologies's "short interest". This figure is 8.5% up from 318,803 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 99939.884393064). FARO Technologies's SIR currently stands at 3.46. In other words for every 100,000 FARO Technologies shares traded daily on the market, roughly 3460 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 0.0193% of the tradable shares (for every 100,000 tradable FARO Technologies shares, roughly 19 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 $54.89 up to $97.875. 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 1.358. 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.

Frequently asked questions

What percentage of FARO Technologies is owned by insiders or institutions?
Currently 0.767% of FARO Technologies shares are held by insiders and 103.467% by institutions. How many people work for FARO Technologies?
Latest data suggests 1,364 work at FARO Technologies. When does the fiscal year end for FARO Technologies?
FARO Technologies's fiscal year ends in December. Where is FARO Technologies based?
FARO Technologies's address is: 250 Technology Park, Lake Mary, FL, United States, 32746 What is FARO Technologies's ISIN number?
FARO Technologies's international securities identification number is: US3116421021 What is FARO Technologies's CUSIP number?
FARO Technologies's Committee on Uniform Securities Identification Procedures number is: 311642102