Head to Head Analysis: FARO Technologies (FARO) & Its Competitors
FARO Technologies (NASDAQ: FARO) is one of 47 public companies in the “Electrical Components & Equipment” industry, but how does it compare to its peers? We will compare FARO Technologies to related businesses based on the strength of its analyst recommendations, risk, institutional ownership, profitability, earnings, valuation and dividends.
This is a breakdown of recent ratings and recommmendations for FARO Technologies and its peers, as reported by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|FARO Technologies Competitors||186||920||1201||6||2.44|
FARO Technologies currently has a consensus target price of $39.40, indicating a potential upside of 4.23%. As a group, “Electrical Components & Equipment” companies have a potential upside of 3.24%. Given FARO Technologies’ stronger consensus rating and higher possible upside, research analysts clearly believe FARO Technologies is more favorable than its peers.
Earnings and Valuation
This table compares FARO Technologies and its peers top-line revenue, earnings per share and valuation.
|Gross Revenue||EBITDA||Price/Earnings Ratio|
|FARO Technologies||$335.54 million||$13.50 million||-1,259.58|
|FARO Technologies Competitors||$1.86 billion||$293.26 million||-36.09|
FARO Technologies’ peers have higher revenue and earnings than FARO Technologies. FARO Technologies is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.
Risk & Volatility
FARO Technologies has a beta of 1.37, suggesting that its share price is 37% more volatile than the S&P 500. Comparatively, FARO Technologies’ peers have a beta of 1.30, suggesting that their average share price is 30% more volatile than the S&P 500.
Insider and Institutional Ownership
94.6% of FARO Technologies shares are held by institutional investors. Comparatively, 66.9% of shares of all “Electrical Components & Equipment” companies are held by institutional investors. 2.4% of FARO Technologies shares are held by insiders. Comparatively, 6.4% of shares of all “Electrical Components & Equipment” companies are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.
This table compares FARO Technologies and its peers’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|FARO Technologies Competitors||-3.49%||5.81%||2.20%|
FARO Technologies Company Profile
FARO Technologies, Inc. designs, develops, manufactures, markets and supports software driven, three-dimensional (3D) measurement, imaging and realization systems. The Company operates in three segments: Factory Metrology, Construction BIM-CIM and Other. It sells its products through a direct sales force across customers in a range of manufacturing, industrial, architecture, surveying, building construction and law enforcement applications. Its FaroArm, FARO Laser ScanArm, FARO Gage, FARO Laser Tracker, FARO Cobalt Array 3D Imager AMP, and their companion CAM2 software provide for Computer-Aided Design-based inspection and/or factory-level statistical process control and surveying. It operates in international markets throughout the world and maintain sales offices in Australia, Brazil, Canada, China, India, Italy, Japan, Malaysia, Mexico, the Netherlands, Poland, Portugal, Singapore, South Korea, Spain, Switzerland, Thailand, Turkey, the United Kingdom, the United States and Vietnam.
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