FARO Technologies (NASDAQ:FARO) Updates 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.

FARO Technologies Stock Performance

Shares of FARO traded up $0.41 during mid-day trading on Monday, hitting $27.07. 252,897 shares of the company’s stock were exchanged, compared to its average volume of 233,350. 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 firm has a market cap of $512.08 million, a price-to-earnings ratio of -77.34 and a beta of 1.40. The stock’s 50-day simple moving average is $28.40 and its 200-day simple moving average is $23.07. FARO Technologies has a 52 week low of $13.52 and a 52 week high of $32.90.

FARO Technologies (NASDAQ:FARO) last released its earnings results on Monday, February 24th. The scientific and technical instruments company reported ($0.05) EPS for the quarter, missing the consensus estimate 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%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on the company. Craig Hallum raised their price objective on FARO Technologies from $30.00 to $33.00 and gave the stock a “buy” rating in a research report on Thursday, December 12th. 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, Needham & Company LLC increased their price objective on shares of FARO Technologies from $26.00 to $34.00 and gave the stock a “buy” rating in a research report on Thursday, January 16th.

Insider Activity at FARO Technologies

In other FARO Technologies news, Director Yuval Wasserman sold 5,658 shares of the business’s stock in a transaction that occurred on Wednesday, February 5th. The stock was sold at an average price of $31.35, for a total value 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. The trade was 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. 2.10% of the stock is owned by corporate insiders.

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.