Robert W. Baird analyst Robert Mason CFA maintained a Hold rating on Faro Technologies (NASDAQ:FARO) on Wednesday, setting a price target of $75, which is approximately 2.89% above the present share price of $72.89.
Mason CFA expects Faro Technologies to post earnings per share (EPS) of -$0.18 for the third quarter of 2021.
The current consensus among 3 TipRanks analysts is for a Moderate Buy rating of shares in Faro Technologies, with an average price target of $89.5.
The analysts price targets range from a high of $104 to a low of $75.
In its latest earnings report, released on 03/31/2021, the company reported a quarterly revenue of $76.33 million and a net profit of -$4.91 million. The company's market cap is $1.32 billion.
According to TipRanks.com, Robert W. Baird analyst Robert Mason CFA is currently ranked with 1 stars on a 0-5 stars ranking scale, with an average return of -0.1% and a 50.00% success rate.
FARO Technologies , Inc. engages in the design, development, manufacture, marketing and support of three-dimensional (3D) measurement, imaging, and realization systems. It operates through the following segments: 3D Manufacturing, Construction BIM, and Emerging Verticals. The 3D Manufacturing segment provides solutions for manual & automated measurement and inspection in an industrial or manufacturing environment. The Construction BIM segment offers solutions for as-built data capturing and 3D visualization in building information modeling and construction information management applications. The Emerging Verticals segment includes product design, public safety forensics, and 3D solutions. The company was founded by Gregory A. Fraser and Simon Raab on February 21, 1981 and is headquartered in Lake Mary, FL.