On May, 8 Analysts See $0.08 EPS for FARO Technologies, Inc. (FARO)

April 16, 2018 - By Robert Reynolds

FARO Technologies, Inc. (NASDAQ:FARO) Corporate Logo
Big Money Sentiment increased to 1.18 in Q4 2017. It has change of 0.20, from 2017Q3’s 0.98. The ratio is positive due to FARO Technologies, Inc. positioning: 5 sold and 45 reduced. 28 funds acquired positions and 31 increased positions. Investors holded 16.15 million in 2017Q3 but now own 15.14 million shares or 6.26% less.
Credit Suisse Ag reported 0.02% in FARO Technologies, Inc. (NASDAQ:FARO). Thompson Inv Mngmt owns 5,250 shs or 0.04% of their US capital. Public Sector Pension Invest Board reported 0% of its capital in FARO Technologies, Inc. (NASDAQ:FARO). Citigroup Inc reported 0% in FARO Technologies, Inc. (NASDAQ:FARO). Geode Capital Mngmt Ltd Co owns 148,115 shs or 0% of their US capital. Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Invest Mgmt Corporation holds 0.02% or 55,658 shs in its capital. Renaissance Limited Com has invested 0% in FARO Technologies, Inc. (NASDAQ:FARO). Teacher Retirement System Of Texas invested 0% in FARO Technologies, Inc. (NASDAQ:FARO). Bnp Paribas Arbitrage Sa reported 7,970 shs stake. Pnc Financial Group Incorporated stated it has 542 shs. 23 are owned by Tci Wealth. Wells Fargo And Comm Mn has 0% invested in FARO Technologies, Inc. (NASDAQ:FARO) for 10,977 shs. Paradice Investment Mngmt owns 525,494 shs for 1.81% of their capital. Invesco has invested 0% in FARO Technologies, Inc. (NASDAQ:FARO). Tiaa Cref Inv Mngmt Ltd Company reported 99,668 shs.

FARO Technologies, Inc. registered $1.47 million net activity with 0 buys and 3 selling transactions since March 8, 2018. The insider Gale Jody Storm sold $637,543. On Thursday, March 15 11,700 shs were sold by RAAB SIMON, worth $701,232.

On May, 8 is anticipated FARO Technologies, Inc. (NASDAQ:FARO)’s earnings report, Faxor reports. This year’s EPS analyst estimate is anticipated to be $0.08. That is 188.89 % up compareed to $-0.09 EPS for last year. If the current EPS of $0.08 is accurate, FARO’s profit could be $1.36M. After $0.50 EPS report last quarter, Wall Street now predicts -84.00 % negative EPS growth of FARO Technologies, Inc.. On during the last trading session the stock increased $3.2 or 5.26%, reaching $64.FARO Technologies, Inc. has 133,040 shares volume, 45.38% up from normal. FARO is uptrending and has moved 70.69% since April 17, 2017. The stock outperformed the S&P 500 by 59.14%.

FARO Technologies, Inc. (NASDAQ:FARO) Ratings Coverage

Total analysts of 5 have positions in Faro Technologies (NASDAQ:FARO) as follows: 3 rated it a “Buy”, 0 with “Sell” and 2 with “Hold”. The positive are 60%. Since October 30, 2017 according to StockzIntelligence Inc Faro Technologies has 11 analyst reports. On Friday, October 27 the company was maintained by Needham. On Friday, February 23 the company was maintained by Needham. On Friday, February 23 the stock has “Buy” rating by Craig Hallum. On Monday, November 27 the firm has “Buy” rating given by Craig Hallum. On Thursday, February 22 the stock of FARO Technologies, Inc. (NASDAQ:FARO) has “Hold” rating given by Robert W. Baird. The stock rating was maintained by Stifel Nicolaus with “Hold” on Thursday, February 22. On Monday, October 30 Craig Hallum maintained the shares of FARO in report with “Buy” rating. On Friday, October 27 the stock has “Hold” rating by Robert W. Baird. On Thursday, February 22 Canaccord Genuity maintained the shares of FARO in report with “Buy” rating. On Monday, October 30 the firm earned “Hold” rating by Stifel Nicolaus.

FARO Technologies Inc. designs, develops, makes, markets, and supports software driven, three-dimensional measurement, imaging, and realization systems for manufacturing, industrial, architecture, surveying, building information modeling, construction, public safety, cultural heritage, and other applications.The firm is worth $1.09 billion. The firm offers FaroArm, a combination of six or seven-axis, articulated measurement arm, a computer, and CAM2 software programs; and FARO Laser ScanArm, a FaroArm equipped with a hard probe and non-contact laser line probe to measure products without touching them, as well as offers a seven-axis contact/non-contact measurement device with an integrated laser scanner.Currently it has negative earnings. It also provides FARO Gage, a combination of an articulated arm device with a computer and software; FARO Laser Tracker that combines a portable laser measurement tool, a computer, and CAM2 software programs; FARO Cobalt Array Imager, a metrology-grade structured light imager; FARO Tracer, which projects a laser line onto a surface or object; and FARO Focus laser scanner to measure and collect a cloud of data points.

FARO Technologies, Inc. (NASDAQ:FARO) Institutional Investors Chart

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