Notable Downgrades: Faro Technologies (FARO), Colgate-Palmolive Co. (CL), Tesla (TSLA), Iconix Brand (ICON), Schlumberger (SLB)

Analysts at Noble Financial downgraded Faro Technologies Inc. (FARO) from ‘Hold‘ to ‘Sell‘ in a research report issued to clients on Monday.

The target price for FARO is set at $45.

On valuation measures, Faro Technologies Inc. stock it’s trading at a forward P/E multiple of 19.30x, and at a multiple of 24.01x this year’s estimated earnings. The t-12-month revenue at Faro Technologies is $341.83 million. FARO’s ROE for the same period is 10.20%.

Shares of the $802.47 million market cap company are up 28.52% year-over-year ; down 0.72% year-to-date.

FARO Technologies Inc., currently with a median Wall Street price target of $67.00 and a high target of $73.00, dropped $15.89 to $46.34 in recent trading.

The chart below shows where the equity has traded over the past 52-weeks.

Colgate-Palmolive Co. (CL) was downgraded from ‘Neutral‘ to ‘Sell‘ at Goldman Sachs (GS).

Shares have traded today between $68.31 and $69.20 with the price of the stock fluctuating between $62.53 to $71.56 over the last 52 weeks.

Colgate-Palmolive Co. shares are currently changing hands at 29.00x this year’s forecasted earnings, compared to the industry’s 19.45x earnings multiple. Ticker has a t-12 price/sales ratio of 3.64. EPS for the same period registers at $2.36.

Shares of CL have lost $0.84 to $68.44 in mid-day trading on Monday, giving it a market cap of roughly $62 billion. The stock traded as high as $71.56 in March 5, 2015.

Tesla Motors, Inc. (TSLA) was reiterated a ‘Underweight’ by JP Morgan (JPM) analysts on Monday. The broker also cut its price target on the stock to $165 from $175.

Tesla Motors, Inc. shares have a PEG and forward P/E ratio of 3.38 and 51.46, respectively. Price/Sales for the same period is 8.13 while EPS is ($2.36). Currently there are 10 analysts that rate TSLA a ‘Buy’, 7 rate it a ‘Hold’. 1 analyst rates it a ‘Sell’. TSLA has a median Wall Street price target of $275.00 with a high target of $400.00.

In the past 52 weeks, shares of the electric car maker have traded between a low of $177.22 and a high of $291.42 and are now at $205.30. Shares are up 3.86% year-over-year ; down 7.02% year-to-date.

Iconix Brand Group, Inc. (ICON) was reiterated as ‘Buy’ with a $36 from $42 price target on Monday by ROTH Capital.

ICON shares recently lost $20.78% to $25.38. In the past 52 weeks, shares of New York-based brand management company have traded between a low of $25.29 and a high of $44.81. Shares are down 14.38% year-over-year and 5.21% year-to-date.

Schlumberger Limited (SLB) rating of ‘Buy’ was reiterated today at Argus but with a price target decrease of $112 from $121 (versus a $92.47 previous close).

SLB shares recentl lost 0.42% to $92.47. The stock is down more than 6% year-over-year and has gained roughly 9.36% year-to-date. In the past 52 weeks, shares of Paris, France-based company have traded between a low of $75.60 and a high of $118.76.

Schlumberger Limited closed Monday at $92.47. The company has a total market cap of $117.93 billion.

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