9AY Stock Overview
Manufactures and sells ground-mounting tracking systems used in solar energy projects in the United States, Spain, Brazil, Australia, and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 5/6 |
| Past Performance | 0/6 |
| Financial Health | 4/6 |
| Dividends | 0/6 |
My Notes
Capture your thoughts, links and company narrative
Array Technologies, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$6.26 |
| 52 Week High | US$14.71 |
| 52 Week Low | US$4.90 |
| Beta | 1.61 |
| 1 Month Change | 12.59% |
| 3 Month Change | -1.85% |
| 1 Year Change | -52.00% |
| 3 Year Change | -46.04% |
| 5 Year Change | n/a |
| Change since IPO | -56.10% |
Recent News & Updates
Recent updates
Shareholder Returns
| 9AY | DE Electrical | DE Market | |
|---|---|---|---|
| 7D | -5.1% | -4.2% | 1.3% |
| 1Y | -52.0% | 125.4% | 9.0% |
Return vs Industry: 9AY underperformed the German Electrical industry which returned 138.2% over the past year.
Return vs Market: 9AY underperformed the German Market which returned 10.1% over the past year.
Price Volatility
| 9AY volatility | |
|---|---|
| 9AY Average Weekly Movement | 12.3% |
| Electrical Industry Average Movement | 6.0% |
| Market Average Movement | 4.9% |
| 10% most volatile stocks in DE Market | 11.6% |
| 10% least volatile stocks in DE Market | 2.4% |
Stable Share Price: 9AY's share price has been volatile over the past 3 months compared to the German market.
Volatility Over Time: 9AY's weekly volatility (12%) has been stable over the past year, but is still higher than 75% of German stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1987 | 961 | Kevin Hostetler | arraytechinc.com |
Array Technologies, Inc. manufactures and sells ground-mounting tracking systems used in solar energy projects in the United States, Spain, Brazil, Australia, and internationally. The company operates in two segments, Array Legacy Operations and STI Operations. Its products portfolio includes DuraTrack HZ v3, a single axis tracker; Array STI H250 that delivers a lower levelized cost of energy with tracker system; Array OmniTrack; and SmarTrack, a software product that uses site-specific historical weather and energy production data in combination with machine learning algorithms to identify the optimal position for a solar array in real time to enhance energy production.
Array Technologies, Inc. Fundamentals Summary
| 9AY fundamental statistics | |
|---|---|
| Market cap | €968.47m |
| Earnings (TTM) | -€145.26m |
| Revenue (TTM) | €958.72m |
1.0x
P/S Ratio-6.6x
P/E RatioIs 9AY overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 9AY income statement (TTM) | |
|---|---|
| Revenue | US$982.19m |
| Cost of Revenue | US$682.60m |
| Gross Profit | US$299.59m |
| Other Expenses | US$448.40m |
| Earnings | -US$148.81m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.98 |
| Gross Margin | 30.50% |
| Net Profit Margin | -15.15% |
| Debt/Equity Ratio | 148.0% |
How did 9AY perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/10 16:37 |
| End of Day Share Price | 2025/01/10 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Array Technologies, Inc. is covered by 36 analysts. 23 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Christine Cho | Barclays |
| Ameet Thakkar | BMO Capital Markets Equity Research |
| Moses Sutton | BNP Paribas Exane |