The FARO Technologies (FARO) Given Coverage Optimism Score of 0.45

The FARO Technologies (FARO) Given Coverage Optimism Score of 0.45

Here are some of the news headlines that may have impacted AlphaOne’s rankings:

News headlines about FARO Technologies (NASDAQ:FARO) have been trending positive recently, AlphaOne reports. The research group, a subsidiary of Accern, scores the sentiment of media coverage by monitoring more than twenty million blog and news sources. AlphaOne ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. FARO Technologies earned a media sentiment score of 0.45 on AlphaOne’s scale. AlphaOne also assigned media coverage about the scientific and technical instruments company an impact score of 18 out of 100, meaning that recent media coverage is very unlikely to have an effect on the stock’s share price in the next several days.

FARO Technologies (NASDAQ:FARO) opened at 36.90 on Monday. FARO Technologies has a 12-month low of $29.00 and a 12-month high of $40.15. The company’s 50 day moving average is $35.20 and its 200 day moving average is $36.08. The firm has a market cap of $615.93 million, a price-to-earnings ratio of 94.62 and a beta of 1.43. FARO Technologies (NASDAQ:FARO) last issued its earnings results on Tuesday, May 9th. The scientific and technical instruments company reported ($0.09) earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.05 by $0.14. The firm had revenue of $81.60 million for the quarter, compared to analyst estimates of $77.74 million. FARO Technologies had a return on equity of 5.45% and a net margin of 5.06%. FARO Technologies’s quarterly revenue was up 7.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.19 earnings per share. On average, equities analysts anticipate that FARO Technologies will post $0.55 earnings per share for the current year.

About FARO Technologies 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 TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “NASDAQ:FARO”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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