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How to buy FARO Technologies (FARO) stocks in Canada

Learn how to easily invest in FARO Technologies stocks.

FARO Technologies is a scientific & technical instruments business based in the US. FARO Technologies stocks (FARO.US) are listed on the NASDAQ and all prices are listed in US Dollars. Its last market close was $77.69 – a decrease of 5.25% over the previous week. FARO Technologies employs 1,364 staff and has a trailing 12-month revenue of around $330.6 million.

How to buy shares in FARO Technologies

  1. Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – FARO – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

FARO Technologies stock price (NASDAQ:FARO)

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

FARO Technologies shares at a glance

Information last updated 2022-01-23.
Latest market close$55.19
52-week range$55.06 - $97.88
50-day moving average $69.70
200-day moving average $72.58
Wall St. target price$87.25
PE ratio 56.1226
Dividend yield N/A (0%)
Earnings per share (TTM) $1.06

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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.

FARO Technologies price performance over time

Historical closes compared with the close of $55.19 from 2022-01-25

1 week (2022-01-20) -2.78%
1 month (2021-12-27) -22.85%
3 months (2021-10-27) -21.06%
6 months (2021-07-27) -23.81%
1 year (2021-01-27) -23.74%
2 years (2020-01-27) 6.50%
3 years (2019-01-25) 33.21%
5 years (2017-01-27) 48.36%

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 56x. In other words, FARO Technologies shares trade at around 56x 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 $8.5 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 $330.6 million
Gross profit TTM $159.8 million
Return on assets TTM -0.62%
Return on equity TTM 5.72%
Profit margin 5.8%
Book value $19.60
Market capitalisation $1.1 billion

TTM: trailing 12 months

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 $55.06 up to $97.875. A popular way to gauge a stock's volatility is its "beta".

FARO.US volatility(beta: 1.32)Avg. volatility(beta: 1.00)LowHigh

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 1.3244. 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.

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Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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