FARO Technologies (NASDAQ:FARO) Releases Q1 2025 Earnings Guidance

FARO Technologies (NASDAQ:FARO) issued an update on its first quarter 2025 earnings guidance on Monday morning. The company provided EPS guidance of 0.100-0.300 for the period, compared to the consensus EPS estimate of 0.090. The company issued revenue guidance of $77.0 million-$85.0 million, compared to the consensus revenue estimate of $80.8 million.

Analyst Ratings Changes

Several brokerages have recently commented on FARO. StockNews.com raised FARO Technologies from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, November 12th. Needham & Company LLC increased their price target on FARO Technologies from $26.00 to $34.00 and gave the company a “buy” rating in a research report on Thursday, January 16th. Finally, Craig Hallum lifted their price objective on shares of FARO Technologies from $30.00 to $33.00 and gave the stock a “buy” rating in a report on Thursday, December 12th.

FARO Technologies Stock Performance

Shares of FARO Technologies stock traded up $0.41 during mid-day trading on Monday, hitting $27.07. 252,897 shares of the stock were exchanged, compared to its average volume of 233,350. FARO Technologies has a 12 month low of $13.52 and a 12 month high of $32.90. The company has a 50-day simple moving average of $28.40 and a 200 day simple moving average of $23.07. The company has a market capitalization of $512.08 million, a P/E ratio of -77.34 and a beta of 1.40. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.83 and a current ratio of 2.17.

FARO Technologies (NASDAQ:FARO) last issued its quarterly earnings results on Monday, February 24th. The scientific and technical instruments company reported ($0.05) EPS for the quarter, missing analysts’ consensus estimates of $0.40 by ($0.45). FARO Technologies had a negative net margin of 1.87% and a negative return on equity of 2.49%.

Insider Transactions at FARO Technologies

In related news, Director Yuval Wasserman sold 5,658 shares of the stock in a transaction dated Wednesday, February 5th. The shares were sold at an average price of $31.35, for a total transaction of $177,378.30. Following the completion of the transaction, the director now owns 153,512 shares in the company, valued at approximately $4,812,601.20. This represents a 3.55 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 2.10% of the company’s stock.

About FARO Technologies

FARO Technologies, Inc designs, develops, manufactures, markets, and supports software driven three-dimensional measurement, imaging, and realization solutions worldwide. The company 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 position components; FARO Laser Scanning Portfolio to measure and collect a cloud of data points for 3D rendering of an object or area; and FARO Mobile Laser Portfolio provides 3D scanning while attached to other mobile devices, such as drones for metrology, reverse engineering, factory automation, building information modeling, public safety, and other applications.