Faro Technologies Inc [FARO] stock is trading at $31.76, up 17.33%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The FARO shares have gain 8.10% over the last week, with a monthly amount drifted -1.70%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Faro Technologies Inc [NASDAQ: FARO] stock has seen the most recent analyst activity on August 03, 2023, when Craig Hallum upgraded its rating to a Buy but kept the price target unchanged to $26 for it. Previously, Craig Hallum downgraded its rating to Hold on April 28, 2022, and dropped its price target to $40. On October 07, 2021, upgrade upgraded it’s rating to Buy but maintained its price target of $77 on the stock. Craig Hallum upgraded its rating to a Buy but stick to its price target of $76 on February 21, 2020. Gabelli & Co downgraded its rating to a Hold. Needham downgraded its rating to Hold for this stock on May 03, 2019. In a note dated October 30, 2017, Stifel reiterated an Hold rating on this stock and boosted its target price from $33 to $46.
Faro Technologies Inc [FARO] stock has fluctuated between $13.52 and $32.90 over the past year. Currently, Wall Street analysts expect the stock to reach $26 within the next 12 months. Faro Technologies Inc [NASDAQ: FARO] shares were valued at $31.76 at the most recent close of the market. An investor can expect a potential drop of -18.14% based on the average FARO price forecast.
Analyzing the FARO fundamentals
Faro Technologies Inc [NASDAQ:FARO] reported sales of 342.43M for the trailing twelve months, which represents a drop of -5.37%. Gross Profit Margin for this corporation currently stands at 0.55% with Operating Profit Margin at 0.01%, Pretax Profit Margin comes in at -0.0%, and Net Profit Margin reading is -0.03%. To continue investigating profitability, this company’s Return on Assets is posted at -0.02, Equity is -0.04 and Total Capital is 0.01. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.36.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 29.80 points at the first support level, and at 27.84 for the second support level. However, for the 1st resistance point, the stock is sitting at 33.01, and for the 2nd resistance point, it is at 34.25.
Ratios To Look Out For
For context, Faro Technologies Inc’s Current Ratio is 2.17. Further, the Quick Ratio stands at 1.89, while the Cash Ratio is 0.79. Considering the valuation of this stock, the price to sales ratio is 1.75, the price to book ratio is 2.41.
Transactions by insiders
Recent insider trading involved WASSERMAN YUVAL, Director, that happened on Feb 05 ’25 when 5658.0 shares were sold. Director, WASSERMAN YUVAL completed a deal on Feb 05 ’25 to buy 5658.0 shares. Meanwhile, SVP & Chief Financial Officer Horwath Matthew sold 645.0 shares on Dec 03 ’24.
