Matthew Horwath - FARO Technologies Senior CFO

FARO Stock  USD 27.00  0.70  2.66%   

CFO

Matthew Horwath is Senior CFO of FARO Technologies
Age 40
Address 125 Technology Park, Lake Mary, FL, United States, 32746
Phone407 333 9911
Webhttps://www.faro.com

Latest Insider Transactions

2024-03-13Disposed of 778 shares @ 20.06View

Matthew Horwath Latest Insider Activity

Tracking and analyzing the buying and selling activities of Matthew Horwath against FARO Technologies stock is an integral part of due diligence when investing in FARO Technologies. Matthew Horwath insider activity provides valuable insight into whether FARO Technologies is net buyers or sellers over its current business cycle. Note, FARO Technologies insiders must abide by specific rules, including filing SEC forms every time they buy or sell FARO Technologies'shares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

FARO Technologies Management Efficiency

The company has return on total asset (ROA) of 0.013 % which means that it generated a profit of $0.013 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.0252) %, meaning that it created substantial loss on money invested by shareholders. FARO Technologies' management efficiency ratios could be used to measure how well FARO Technologies manages its routine affairs as well as how well it operates its assets and liabilities. As of the 25th of November 2024, Return On Tangible Assets is likely to grow to -0.15. In addition to that, Return On Capital Employed is likely to grow to -0.12. At this time, FARO Technologies' Fixed Asset Turnover is very stable compared to the past year. As of the 25th of November 2024, Asset Turnover is likely to grow to 0.91, while Total Assets are likely to drop about 293.7 M.
FARO Technologies currently holds 89.03 M in liabilities with Debt to Equity (D/E) ratio of 0.07, which may suggest the company is not taking enough advantage from borrowing. FARO Technologies has a current ratio of 2.52, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about FARO Technologies' use of debt, we should always consider it together with its cash and equity.

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FARO Technologies, Inc. designs, develops, manufactures, markets, and supports software driven three-dimensional measurement, imaging, and realization solutions in North America, South America, Europe, the Middle East, Africa, and the Asia-Pacific. FARO Technologies, Inc. was founded in 1981 and is headquartered in Lake Mary, Florida. Faro Tech operates under Scientific Technical Instruments classification in the United States and is traded on NASDAQ Exchange. It employs 1432 people. FARO Technologies (FARO) is traded on NASDAQ Exchange in USA. It is located in 125 Technology Park, Lake Mary, FL, United States, 32746 and employs 1,243 people. FARO Technologies is listed under Electronic Equipment, Instruments & Components category by Fama And French industry classification.

Management Performance

FARO Technologies Leadership Team

Elected by the shareholders, the FARO Technologies' board of directors comprises two types of representatives: FARO Technologies inside directors who are chosen from within the company, and outside directors, selected externally and held independent of FARO. The board's role is to monitor FARO Technologies' management team and ensure that shareholders' interests are well served. FARO Technologies' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, FARO Technologies' outside directors are responsible for providing unbiased perspectives on the board's policies.
Michael Burger, President CEO, Director
Jason Pollock, Chief Officer
Arianne Boyer, VP Officer
Allen Muhich, Executive Officer
Matthew Horwath, Senior CFO
Jeffrey Sexton, Senior Sales
Michael Carris, VP Officer
Melanie Stagnitti, VP Officer
Yuval Wasserman, Executive Chairman
Oliver Zweigle, VP Officer
Wesley Tilley, VP Officer
Phillip Delnick, Senior Sales
Peter Lau, President CEO
Thomas JD, Senior Counsel
Shelley Gretlein, Senior Insights
Roger Isern, Chief Officer
David JD, Senior Counsel
Malvika Jhangiani, Senior Officer
Patrick Bohle, President Insights

FARO Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is FARO Technologies a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with FARO Technologies

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if FARO Technologies position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in FARO Technologies will appreciate offsetting losses from the drop in the long position's value.

Moving together with FARO Stock

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Moving against FARO Stock

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The ability to find closely correlated positions to FARO Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace FARO Technologies when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back FARO Technologies - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling FARO Technologies to buy it.
The correlation of FARO Technologies is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as FARO Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if FARO Technologies moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for FARO Technologies can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether FARO Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of FARO Technologies' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Faro Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Faro Technologies Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FARO Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
To learn how to invest in FARO Stock, please use our How to Invest in FARO Technologies guide.
You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Is Electronic Equipment, Instruments & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of FARO Technologies. If investors know FARO will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about FARO Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.33)
Revenue Per Share
18.152
Quarterly Revenue Growth
(0.05)
Return On Assets
0.013
Return On Equity
(0.03)
The market value of FARO Technologies is measured differently than its book value, which is the value of FARO that is recorded on the company's balance sheet. Investors also form their own opinion of FARO Technologies' value that differs from its market value or its book value, called intrinsic value, which is FARO Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because FARO Technologies' market value can be influenced by many factors that don't directly affect FARO Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between FARO Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if FARO Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FARO Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.