Alert: Negative Fundamental Signals (9/4/24)-FARO Technologies Inc (NASDAQ: FARO)

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FARO Technologies Inc (NASDAQ: FARO). Extremely significant negative changes in fundamentals have recently occurred: significant quarterly sales deceleration occurred, significant quarterly earnings deceleration occurred, the consensus estimate for December, 2025 decreased significantly, and the consensus estimate for December, 2024 decreased significantly.

In light of these highly negative signals we are reviewing our current Overall Rating of F. We would continue to view the shares with caution pending completion of this review in the next several days.

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Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to be above the cost of capital, FARO is expected to be a modest Value Builder.

FARO Technologies has a current Value Trend Rating of F (Lowest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing complementary signals. FARO Technologies has a slightly negative Appreciation Score of 35 and a very low Power Rating of 5, and the Lowest Value Trend Rating results.

Recent Price Action

FARO Technologies Inc (NASDAQ: FARO) stock closed at $17.35 on 9/4/24 after being unchanged was unchanged. NORMAL trading volume accompanied the flat performance. The stock is unchanged during the last week and has been extremely weak relative to the market over the last nine months.

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