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

FARO Technologies (NASDAQ:FARO) updated its first quarter 2025 earnings guidance on Monday. The company provided earnings per share guidance of 0.100-0.300 for the period, compared to the consensus earnings per share 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.

Wall Street Analyst Weigh In

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

FARO Technologies Stock Performance

FARO traded up $0.41 during trading on Monday, hitting $27.07. The stock had a trading volume of 253,274 shares, compared to its average volume of 233,430. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.17 and a quick ratio of 1.83. The firm has a market cap of $512.08 million, a price-to-earnings ratio of -77.34 and a beta of 1.40. The company has a 50 day moving average price of $28.40 and a 200-day moving average price of $23.07. FARO Technologies has a one year low of $13.52 and a one year high of $32.90.

FARO Technologies (NASDAQ:FARO) last announced its earnings results on Monday, February 24th. The scientific and technical instruments company reported ($0.05) earnings per share (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 other news, Director Yuval Wasserman sold 5,658 shares of FARO Technologies stock in a transaction that occurred on Wednesday, February 5th. The shares were sold at an average price of $31.35, for a total value of $177,378.30. Following the completion of the sale, the director now directly owns 153,512 shares in the company, valued at approximately $4,812,601.20. The trade was a 3.55 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 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.