Faro Technologies Inc (NASDAQ:FARO)’s traded shares stood at 0.65 million during the last session, with the company’s beta value hitting 1.60.The FARO share’s 52-week high remains $42.64, putting it -1.52% down since that peak but still an impressive 67.81% since price per share fell to its 52-week low of $13.52.
Analysts have given a consensus recommendation of Buy for Faro Technologies Inc (FARO), translating to a mean rating of 3.00. Of 2 analyst(s) looking at the stock, 0 analyst(s) give FARO a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 2 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 0.23.
Faro Technologies Inc (NASDAQ:FARO) trade information
The 5-day price performance for the stock is -0.66%, and 34.49% over 30 days. With these gigs, the year-to-date price performance is 65.62%.
The extremes give us $26 and $40 for target low and target high price respectively. As such, FARO has been trading 4.76% off suggested target high and 38.1% from its likely low.
Faro Technologies Inc (FARO) estimates and forecasts
The rating firms project that company’s revenue will grow 1.46% compared to the previous financial year.
Revenue forecast for the current quarter as set by 2 analysts is 82.61M. Meanwhile, for the current quarter, a total of 2 analyst(s) estimate revenue growth to 83.4M.Earnings reports from the last fiscal year show that sales brought in 82.08M and 82.56M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 0.63% before jumping 1.01% in the following quarter.
FARO Dividends
Faro Technologies Inc has its next earnings report out in June. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
The next major institution holding the largest number of shares is BLACKROCK INC. with 1.73 million shares, or about 8.987% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $27.74 million.
We also have Needham Funds Inc-Needham Aggressive Growth Fund and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund as the top two Mutual Funds with the largest holdings of the Faro Technologies Inc (FARO) shares. Going by data provided on Mar 31, 2025 , Needham Funds Inc-Needham Aggressive Growth Fund holds roughly 965.0 shares. This is just over 5.02% of the total shares, with a market valuation of $40.53 million. Data from the same date shows that the other fund manager holds a little less at 567.8, or 2.95% of the shares, all valued at about 23.85 million.
