9AY Stock Overview
Array Technologies, Inc. manufactures and sells ground-mounting tracking systems used in solar energy projects in the United States, Spain, Brazil, Australia, and internationally.
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 5/6 |
| Past Performance | 5/6 |
| Financial Health | 4/6 |
| Dividends | 0/6 |
Array Technologies, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$11.76 |
| 52 Week High | US$24.88 |
| 52 Week Low | US$10.17 |
| Beta | 1.69 |
| 1 Month Change | -10.87% |
| 3 Month Change | -13.05% |
| 1 Year Change | -44.55% |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | -17.55% |
Recent News & Updates
Recent updates
Shareholder Returns
| 9AY | DE Electrical | DE Market | |
|---|---|---|---|
| 7D | -7.4% | 13.1% | 1.9% |
| 1Y | -44.5% | 3.0% | 5.9% |
Return vs Industry: 9AY underperformed the German Electrical industry which returned 3% over the past year.
Return vs Market: 9AY underperformed the German Market which returned 5.9% over the past year.
Price Volatility
| 9AY volatility | |
|---|---|
| 9AY Average Weekly Movement | 8.6% |
| Electrical Industry Average Movement | 4.9% |
| Market Average Movement | 5.0% |
| 10% most volatile stocks in DE Market | 10.2% |
| 10% least volatile stocks in DE Market | 2.4% |
Stable Share Price: 9AY has not had significant price volatility in the past 3 months.
Volatility Over Time: 9AY's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of German stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1987 | 975 | 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 | €1.78b |
| Earnings (TTM) | €52.73m |
| Revenue (TTM) | €1.25b |
33.6x
P/E Ratio1.4x
P/S RatioIs 9AY overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 9AY income statement (TTM) | |
|---|---|
| Revenue | US$1.35b |
| Cost of Revenue | US$980.08m |
| Gross Profit | US$373.10m |
| Other Expenses | US$316.04m |
| Earnings | US$57.06m |
Last Reported Earnings
Mar 31, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.38 |
| Gross Margin | 27.57% |
| Net Profit Margin | 4.22% |
| Debt/Equity Ratio | 114.1% |
How did 9AY perform over the long term?
See historical performance and comparison