Faro Technologies Inc (NASDAQ: FARO) is 67.03% higher on its value in year-to-date trading and has touched a low of $13.52 and a high of $42.40 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The FARO stock was last observed hovering at around $42.36 in the last trading session, with the day’s loss setting it 0.0%.
Currently trading at $42.36, the stock is 46.31% and 47.64% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.52 million and changing 0.00% at the moment leaves the stock 76.48% off its SMA200. FARO registered 133.26% gain for a year compared to 6-month gain of 139.46%.
The stock witnessed a 75.40% loss in the last 1 month and extending the period to 3 months gives it a 34.14%, and is 44.03% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.95% over the week and 5.11% over the month.
Faro Technologies Inc (FARO) has around 1232 employees, a market worth around $814.42M and $341.05M in sales. Fwd P/E is 25.91. Profit margin for the company is -0.26%. Distance from 52-week low is 213.31% and -0.09% from its 52-week high. The company has generated returns on investments over the last 12 months (-0.26%).
The EPS is expected to grow by 45.36% this year
The shares outstanding are 19.23M, and float is at 18.42M with Short Float at 6.54%.
The top institutional shareholder in the company is DIVISAR CAPITAL MANAGEMENT LLC with over 1.84 million shares valued at $29.42 million. The investor’s holdings represent 9.5304 of the FARO Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 1.73 million shares valued at $27.74 million to account for 8.987 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 1.61 million shares representing 8.3595 and valued at over $25.81 million, while ROYCE & ASSOCIATES LP holds 6.0868 of the shares totaling 1.17 million with a market value of $18.79 million.
Faro Technologies Inc (FARO) Insider Activity
The most recent transaction is an insider sale by Horwath Matthew, the company’s SVP & Chief Financial Officer. SEC filings show that Horwath Matthew sold 166 shares of the company’s common stock on Mar 18 ’25 at a price of $28.40 per share for a total of $4714.0. Following the sale, the insider now owns 39264.0 shares.
Still, SEC filings show that on Mar 07 ’25, Horwath Matthew (SVP & Chief Financial Officer) disposed off 1,480 shares at an average price of $29.30 for $43364.0. The insider now directly holds 39,430 shares of Faro Technologies Inc (FARO).
