FARO Technologies Inc
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- Market Cap.:
- $436.45 million
- Book Value:
- Revenue TTM:
- $345.76 million
- Operating Margin TTM:
- Gross Profit TTM:
- $175.76 million
- Profit Margin:
- Return on Assets TTM:
- Return on Equity TTM:
FARO Technologies Inc had its IPO on 1997-09-18 under the ticker symbol FARO.
The company operates in the Technology sector and Scientific & Technical Instruments industry. FARO Technologies Inc has a staff strength of 1,490 employees.
Shares of FARO Technologies Inc opened at $22.93 at the start of the last trading session i.e. 2023-03-24.
The stocks traded within a range of $22.77 - $23.2, and closed at $23.2.
This is a +0.17% increase from the previous day's closing price.
A total volume of 91,455 shares were traded at the close of the day’s session.
In the last one week, shares of FARO Technologies Inc have slipped by -5.96%.
FARO Technologies Inc's Key Ratios
FARO Technologies Inc has a market cap of $436.45 million, indicating a price to book ratio of 1.9767 and a price to sales ratio of 1.6419.
In the last 12-months FARO Technologies Inc’s revenue was $345.76 million with a gross profit of $175.76 million and an EBITDA of $-6326000. The EBITDA ratio measures FARO Technologies Inc's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, FARO Technologies Inc’s operating margin was -5.87% while its return on assets stood at -2.66% with a return of equity of -8.39%.
In Q4, FARO Technologies Inc’s quarterly earnings growth was a positive 0% while revenue growth was a positive 3.6%.
FARO Technologies Inc’s PE and PEG Ratio
- Forward PE
- Trailing PE
Its diluted EPS in the last 12-months stands at $-1.43 per share while it has a forward price to earnings multiple of 30.7692 and a PEG multiple of -19.38. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into FARO Technologies Inc’s profitability.
FARO Technologies Inc stock is trading at a EV to sales ratio of 1.6465 and a EV to EBITDA ratio of -83.4244. Its price to sales ratio in the trailing 12-months stood at 1.6419.
FARO Technologies Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.
Balance sheet and cash flow metrics
- Total Assets
- $473.35 million
- Total Liabilities
- $106.24 million
- Operating Cash Flow
- Capital Expenditure
- $7.76 million
- Dividend Payout Ratio
FARO Technologies Inc ended 2023 with $473.35 million in total assets and $0 in total liabilities. Its intangible assets were valued at $473.35 million while shareholder equity stood at $311.05 million.
FARO Technologies Inc ended 2023 with $11.71 million in deferred long-term liabilities, $106.24 million in other current liabilities, 20000.00 in common stock, $46.79 million in retained earnings and $107.16 million in goodwill. Its cash balance stood at $37.81 million and cash and short-term investments were $37.81 million. The company’s total short-term debt was $5,709,000 while long-term debt stood at $0.
FARO Technologies Inc’s total current assets stands at $219.37 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $90.33 million compared to accounts payable of $27.29 million and inventory worth $50.03 million.
In 2023, FARO Technologies Inc's operating cash flow was $-6697000.00 while its capital expenditure stood at $7.76 million.
Comparatively, FARO Technologies Inc paid $0 in dividends in 2023.
Other key metrics
- Current Trading Price
- 52-Week High
- 52-Week Low
- Analyst Target Price
FARO Technologies Inc stock is currently trading at $23.2 per share. It touched a 52-week high of $54.95 and a 52-week low of $54.95. Analysts tracking the stock have a 12-month average target price of $38.25.
Its 50-day moving average was $27.68 and 200-day moving average was $30.24 The short ratio stood at 3.83 indicating a short percent outstanding of 0%.
Around 137% of the company’s stock are held by insiders while 10188.4% are held by institutions.
Frequently Asked Questions About FARO Technologies Inc
Similar Industry Stocks (Scientific & Technical Instruments)
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. It 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 quickly and accurate position components; and FARO Laser Scanning Portfolio to measure and collect a cloud of data points. The company also provides GeoSLAM ZEB Handheld 3D laser scanners; and FARO Software, a software solution that integrate with FARO hardware products to merge data and provide collaborative workflows and applications. It offers its products for metrology, reverse engineering, factory automation, building information modeling, public safety, and other applications. The company was founded in 1981 and is headquartered in Lake Mary, Florida.