FARO Technologies (NASDAQ:FARO) Issues 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 Upgrades and Downgrades

Several analysts have weighed in on FARO shares. Needham & Company LLC raised their price target on FARO Technologies from $34.00 to $37.00 and gave the company a “buy” rating in a report on Tuesday. StockNews.com upgraded shares of FARO Technologies from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, November 12th. Finally, Craig Hallum lifted their target price on shares of FARO Technologies from $30.00 to $33.00 and gave the company a “buy” rating in a research report on Thursday, December 12th.

FARO Technologies Trading Up 17.3 %

NASDAQ FARO opened at $31.76 on Wednesday. The company has a quick ratio of 1.83, a current ratio of 2.17 and a debt-to-equity ratio of 0.27. The stock’s 50-day simple moving average is $28.46 and its two-hundred day simple moving average is $23.28. FARO Technologies has a twelve month low of $13.52 and a twelve month high of $32.90. The company has a market capitalization of $600.80 million, a price-to-earnings ratio of -90.74 and a beta of 1.40.

FARO Technologies (NASDAQ:FARO) last announced its quarterly earnings data on Monday, February 24th. The scientific and technical instruments company reported $0.50 earnings per share for the quarter, beating analysts’ consensus estimates of $0.40 by $0.10. The company had revenue of $93.54 million for the quarter, compared to analysts’ expectations of $91.40 million. FARO Technologies had a negative return on equity of 2.49% and a negative net margin of 1.87%. During the same period last year, the firm posted $0.36 EPS.

Insider Transactions at FARO Technologies

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