Horizon Technology Finance (HRZN) Is At $10.44 Formed Wedge; 5 Analysts Covering FARO Technologies, Inc. (FARO)

FARO Technologies, Inc. (NASDAQ:FARO) Logo

Among 11 analysts covering Faro Technologies (NASDAQ:FARO), 5 have Buy rating, 0 Sell and 6 Hold. Therefore 45% are positive. Faro Technologies had 31 analyst reports since July 31, 2015 according to SRatingsIntel. The stock of FARO Technologies, Inc. (NASDAQ:FARO) has “Buy” rating given on Monday, December 21 by Needham. The firm earned “Buy” rating on Monday, October 30 by Craig Hallum. The rating was maintained by Craig Hallum with “Buy” on Monday, November 27. The rating was maintained by Noble Financial on Thursday, August 3 with “Buy”. Gabelli downgraded FARO Technologies, Inc. (NASDAQ:FARO) on Thursday, August 3 to “Hold” rating. The firm has “Overweight” rating by Stephens given on Thursday, January 21. The stock has “Buy” rating by Noble Financial on Monday, June 12. On Friday, February 23 the stock rating was maintained by Craig Hallum with “Buy”. The rating was maintained by Stifel Nicolaus on Tuesday, August 1 with “Hold”. The rating was upgraded by Noble Financial to “Hold” on Friday, July 31. See FARO Technologies, Inc. (NASDAQ:FARO) latest ratings:

22/02/2018 Broker: Robert W. Baird Rating: Hold New Target: $60.0 Maintain
23/02/2018 Broker: Needham Rating: Buy New Target: $65.0 Maintain
22/02/2018 Broker: Stifel Nicolaus Rating: Hold New Target: $55.0 Maintain
23/02/2018 Broker: Craig Hallum Rating: Buy New Target: $68.0 Maintain
22/02/2018 Broker: Canaccord Genuity Rating: Buy New Target: $66.0 Maintain
27/11/2017 Broker: Craig Hallum Rating: Buy New Target: $60.0 Maintain
30/10/2017 Broker: Craig Hallum Rating: Buy New Target: $55.0 Maintain
27/10/2017 Broker: Robert W. Baird Rating: Hold New Target: $35.0 Maintain
27/10/2017 Broker: Needham Rating: Buy New Target: $53.0 Maintain
30/10/2017 Broker: Canaccord Genuity Rating: Buy Old Target: $42 New Target: $52 Maintain

Horizon Technology Finance Corporation (HRZN) formed wedge down with $9.71 target or 7.00% below today’s $10.44 share price. Horizon Technology Finance Corporation (HRZN) has $120.30M valuation. The stock increased 0.10% or $0.01 during the last trading session, reaching $10.44. About 74,885 shares traded. Horizon Technology Finance Corporation (NASDAQ:HRZN) has declined 5.12% since April 16, 2017 and is downtrending. It has underperformed by 16.67% the S&P500.

Since March 15, 2018, it had 1 buy, and 0 sales for $106,000 activity. On Thursday, March 15 the insider SAVAGE JOSEPH J bought $106,000.

Among 7 analysts covering Horizon Technology Finance (NASDAQ:HRZN), 1 have Buy rating, 1 Sell and 5 Hold. Therefore 14% are positive. Horizon Technology Finance has $14 highest and $11.0 lowest target. $12.38’s average target is 18.58% above currents $10.44 stock price. Horizon Technology Finance had 17 analyst reports since August 6, 2015 according to SRatingsIntel. As per Tuesday, November 10, the company rating was upgraded by Raymond James. The stock has “Hold” rating by Keefe Bruyette & Woods on Sunday, October 22. The rating was upgraded by Oppenheimer on Thursday, March 10 to “Outperform”. The stock of Horizon Technology Finance Corporation (NASDAQ:HRZN) has “Underperform” rating given on Tuesday, January 9 by Wells Fargo. The firm has “Neutral” rating given on Thursday, November 3 by National Securities. The stock of Horizon Technology Finance Corporation (NASDAQ:HRZN) earned “Underperform” rating by Raymond James on Thursday, August 3. The firm earned “Mkt Perform” rating on Wednesday, January 27 by Raymond James. National Securities maintained it with “Buy” rating and $14 target in Wednesday, August 5 report. The stock of Horizon Technology Finance Corporation (NASDAQ:HRZN) has “Hold” rating given on Thursday, August 3 by Oppenheimer. On Wednesday, August 23 the stock rating was maintained by Maxim Group with “Buy”.

Analysts await Horizon Technology Finance Corporation (NASDAQ:HRZN) to report earnings on May, 1. They expect $0.29 EPS, 0.00% or $0.00 from last year’s $0.29 per share. HRZN’s profit will be $3.34M for 9.00 P/E if the $0.29 EPS becomes a reality. After $0.21 actual EPS reported by Horizon Technology Finance Corporation for the previous quarter, Wall Street now forecasts 38.10% EPS growth.

Investors sentiment increased to 1.25 in Q4 2017. Its up 0.25, from 1 in 2017Q3. It improved, as 4 investors sold Horizon Technology Finance Corporation shares while 8 reduced holdings. 9 funds opened positions while 6 raised stakes. 1.48 million shares or 2.55% less from 1.52 million shares in 2017Q3 were reported. 19,950 are held by Brown Advisory Ltd Limited Liability Company. Regions holds 0% of its portfolio in Horizon Technology Finance Corporation (NASDAQ:HRZN) for 200 shares. Axa reported 0% stake. The Pennsylvania-based Hudock Ltd Liability has invested 0% in Horizon Technology Finance Corporation (NASDAQ:HRZN). Hillsdale Mgmt, Ontario – Canada-based fund reported 96,769 shares. Cambridge Advisors reported 10,774 shares. Morgan Stanley invested in 94,242 shares. Manufacturers Life Insur The owns 770 shares for 0% of their portfolio. California Pub Employees Retirement Systems has 0% invested in Horizon Technology Finance Corporation (NASDAQ:HRZN). Citigroup owns 300 shares. Bridgeway Mgmt invested in 200,500 shares. Stratos Wealth Prtn Limited reported 250 shares. Lsv Asset Management stated it has 0% of its portfolio in Horizon Technology Finance Corporation (NASDAQ:HRZN). Barclays Public Limited invested in 0% or 76 shares. Tower Cap Ltd Co (Trc), a New York-based fund reported 252 shares.

The stock decreased 0.49% or $0.3 during the last trading session, reaching $60.8. About 48,265 shares traded. FARO Technologies, Inc. (NASDAQ:FARO) has risen 70.69% since April 16, 2017 and is uptrending. It has outperformed by 59.14% the S&P500.

Investors sentiment increased to 1.18 in Q4 2017. Its up 0.20, from 0.98 in 2017Q3. It increased, as 5 investors sold FARO Technologies, Inc. shares while 45 reduced holdings. 28 funds opened positions while 31 raised stakes. 15.14 million shares or 6.26% less from 16.15 million shares in 2017Q3 were reported. 7,200 are owned by Louisiana State Employees Retirement System. Renaissance Techs Ltd invested in 79,242 shares or 0% of the stock. Legal General Public Llc has 0% invested in FARO Technologies, Inc. (NASDAQ:FARO) for 31,904 shares. Bancshares Of America De owns 14,784 shares or 0% of their US portfolio. Jpmorgan Chase And reported 0% of its portfolio in FARO Technologies, Inc. (NASDAQ:FARO). Primecap Mgmt Ca invested 0.06% in FARO Technologies, Inc. (NASDAQ:FARO). Alliancebernstein Lp has 0% invested in FARO Technologies, Inc. (NASDAQ:FARO). Dimensional Fund Advisors Limited Partnership invested in 1.13 million shares. Tower Rech Ltd Co (Trc) holds 0.01% in FARO Technologies, Inc. (NASDAQ:FARO) or 852 shares. Trexquant L P owns 5,767 shares for 0.03% of their portfolio. Arrowstreet Cap Partnership invested 0% of its portfolio in FARO Technologies, Inc. (NASDAQ:FARO). Voya Mgmt Limited Co reported 7,675 shares or 0% of all its holdings. Fny Managed Accounts Ltd Limited Liability Company invested in 38 shares. Federated Invsts Inc Pa stated it has 245 shares. Deutsche Bancshares Ag has 0% invested in FARO Technologies, Inc. (NASDAQ:FARO) for 110,346 shares.

Since March 8, 2018, it had 0 buys, and 3 insider sales for $1.47 million activity. 2,180 shares were sold by Brubaker Lynn, worth $130,800 on Friday, March 9. 11,700 shares valued at $701,232 were sold by RAAB SIMON on Thursday, March 15. Gale Jody Storm sold 10,666 shares worth $637,543.

FARO Technologies, Inc. (NASDAQ:FARO) Institutional Positions Chart