FARO Technologies, Inc. (FARO)
NASDAQ: FARO · IEX Real-Time Price · USD
18.66
-0.29 (-1.53%)
At close: May 24, 2024, 4:00 PM
18.36
-0.30 (-1.61%)
After-hours: May 24, 2024, 4:04 PM EDT

FARO Technologies Statistics

Total Valuation

FARO has a market cap or net worth of $358.38 million. The enterprise value is $346.77 million.

Market Cap 358.38M
Enterprise Value 346.77M

Important Dates

The last earnings date was Wednesday, May 1, 2024, after market close.

Earnings Date May 1, 2024
Ex-Dividend Date n/a

Share Statistics

FARO has 19.21 million shares outstanding. The number of shares has increased by 1.23% in one year.

Shares Outstanding 19.21M
Shares Change (YoY) +1.23%
Shares Change (QoQ) +0.40%
Owned by Insiders (%) 3.48%
Owned by Institutions (%) 105.45%
Float 17.15M

Valuation Ratios

PE Ratio n/a
Forward PE 31.01
PS Ratio 1.00
Forward PS 0.97
PB Ratio 1.37
P/FCF Ratio 28.12
PEG Ratio -19.38
Financial Ratio History

Enterprise Valuation

EV / Earnings n/a
EV / Sales 0.97
EV / EBITDA n/a
EV / EBIT n/a
EV / FCF 27.21

Financial Position

The company has a current ratio of 2.35, with a Debt / Equity ratio of 0.33.

Current Ratio 2.35
Quick Ratio 1.73
Debt / Equity 0.33
Debt / EBITDA n/a
Debt / FCF 6.88
Interest Coverage -11.26

Financial Efficiency

Return on equity (ROE) is -16.10% and return on invested capital (ROIC) is -10.36%.

Return on Equity (ROE) -16.10%
Return on Assets (ROA) -8.60%
Return on Capital (ROIC) -10.36%
Revenue Per Employee $288,100
Profits Per Employee -$34,336
Employee Count 1,243
Asset Turnover 0.72
Inventory Turnover 2.75

Taxes

In the past 12 months, FARO has paid $1.68 million in taxes.

Income Tax 1.68M
Effective Tax Rate n/a

Stock Price Statistics

The stock price has increased by +31.97% in the last 52 weeks. The beta is 1.38, so FARO's price volatility has been higher than the market average.

Beta (1Y) 1.38
52-Week Price Change +31.97%
50-Day Moving Average 19.60
200-Day Moving Average 18.72
Relative Strength Index (RSI) 43.69
Average Volume (30 Days) 198,525

Short Selling Information

The latest short interest is 1.57 million, so 8.20% of the outstanding shares have been sold short.

Short Interest 1.57M
Short Previous Month 1.69M
Short % of Shares Out 8.20%
Short % of Float 9.18%
Short Ratio (days to cover) 12.74

Income Statement

In the last 12 months, FARO had revenue of $358.11 million and -$42.68 million in losses. Loss per share was -$2.24.

Revenue 358.11M
Gross Profit 168.59M
Operating Income -36.23M
Pretax Income -41.00M
Net Income -42.68M
EBITDA -23.07M
EBIT -37.65M
Loss Per Share -$2.24
Full Income Statement

Balance Sheet

The company has $99.28 million in cash and $87.67 million in debt, giving a net cash position of $11.61 million or $0.60 per share.

Cash & Cash Equivalents 99.28M
Total Debt 87.67M
Net Cash 11.61M
Net Cash Per Share $0.60
Equity / Book Value 261.98M
Book Value Per Share 13.64
Working Capital 147.48M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $25.99 million and capital expenditures -$13.25 million, giving a free cash flow of $12.74 million.

Operating Cash Flow 25.99M
Capital Expenditures -13.25M
Free Cash Flow 12.74M
FCF Per Share $0.67
Full Cash Flow Statement

Margins

Gross margin is 47.08%, with operating and profit margins of -10.12% and -11.92%.

Gross Margin 47.08%
Operating Margin -10.12%
Pretax Margin -11.45%
Profit Margin -11.92%
EBITDA Margin -6.44%
EBIT Margin -10.51%
FCF Margin 3.56%

Dividends & Yields

FARO does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield -1.23%
Shareholder Yield -1.23%
Earnings Yield -11.91%
FCF Yield 3.56%

Analyst Forecast

The average price target for FARO is $26.50, which is 42.02% higher than the current price. The consensus rating is "Strong Buy".

Price Target $26.50
Price Target Difference 42.02%
Analyst Consensus Strong Buy
Analyst Count 2
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

FARO has an Altman Z-Score of 1.72 and a Piotroski F-Score of 3. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 1.72
Piotroski F-Score 3