Robert W. Baird analyst Robert Mason CFA maintained a Hold rating on Faro Technologies (FARO – Research Report) on August 2 and set a price target of $21.00. The company’s shares closed yesterday at $19.36.
According to TipRanks, Mason CFA is a 5-star analyst with an average return of 21.8% and a 56.07% success rate. Mason CFA covers the Industrials sector, focusing on stocks such as Fortive, MSA Safety, and Vontier.
In addition to Robert W. Baird, Faro Technologies also received a Hold from Craig-Hallum’s Greg Palm in a report issued on August 2. However, yesterday, Craig-Hallum upgraded Faro Technologies (NASDAQ: FARO) to a Buy.
See today’s best-performing stocks on TipRanks >>
The company has a one-year high of $39.71 and a one-year low of $10.30. Currently, Faro Technologies has an average volume of 413.7K.
Based on the recent corporate insider activity of 24 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of FARO in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
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.
Read More on FARO:
