ARRY 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 | 5/6 |
| Future Growth | 5/6 |
| Past Performance | 0/6 |
| Financial Health | 4/6 |
| Dividends | 0/6 |
Community Narratives
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Array Technologies, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$6.10 |
| 52 Week High | US$20.15 |
| 52 Week Low | US$5.56 |
| Beta | 1.61 |
| 11 Month Change | -9.50% |
| 3 Month Change | -7.01% |
| 1 Year Change | -60.23% |
| 33 Year Change | -74.24% |
| 5 Year Change | n/a |
| Change since IPO | -83.26% |
Recent News & Updates
Is Now An Opportune Moment To Examine Array Technologies, Inc. (NASDAQ:ARRY)?
Nov 05
The Bottom Fishing Club - Array Technologies: Solar Industry Turnaround Possible After Election
Oct 25Array: Not Yet In Fashion, But 3 Reasons To Consider A Nibble Now (Rating Upgrade)
Oct 09Recent updates
Is Now An Opportune Moment To Examine Array Technologies, Inc. (NASDAQ:ARRY)?
Nov 05The Bottom Fishing Club - Array Technologies: Solar Industry Turnaround Possible After Election
Oct 25Array: Not Yet In Fashion, But 3 Reasons To Consider A Nibble Now (Rating Upgrade)
Oct 09Array Technologies (NASDAQ:ARRY) Might Have The Makings Of A Multi-Bagger
Sep 18The Market Doesn't Like What It Sees From Array Technologies, Inc.'s (NASDAQ:ARRY) Revenues Yet As Shares Tumble 41%
Aug 28Analysts Just Shaved Their Array Technologies, Inc. (NASDAQ:ARRY) Forecasts Dramatically
Aug 21Results: Array Technologies, Inc. Exceeded Expectations And The Consensus Has Updated Its Estimates
Aug 11Array Technologies: Mid-Term Headwinds, But Compelling Future
Jul 29Array Technologies, Inc.'s (NASDAQ:ARRY) Intrinsic Value Is Potentially 73% Above Its Share Price
Jul 29Investors Still Waiting For A Pull Back In Array Technologies, Inc. (NASDAQ:ARRY)
Jul 14Is It Time To Consider Buying Array Technologies, Inc. (NASDAQ:ARRY)?
Jun 28Returns At Array Technologies (NASDAQ:ARRY) Are On The Way Up
Jun 12Array Technologies: Intrigued But Not Yet Convinced
May 13We Think Array Technologies (NASDAQ:ARRY) Can Stay On Top Of Its Debt
May 01Is There An Opportunity With Array Technologies, Inc.'s (NASDAQ:ARRY) 49% Undervaluation?
Mar 25Array Technologies: Short-Term Downside, But High Long-Term Growth
Mar 07Need To Know: Analysts Just Made A Substantial Cut To Their Array Technologies, Inc. (NASDAQ:ARRY) Estimates
Feb 29Is It Too Late To Consider Buying Array Technologies, Inc. (NASDAQ:ARRY)?
Feb 21We Think Array Technologies (NASDAQ:ARRY) Can Stay On Top Of Its Debt
Jan 30Array Technologies, Inc.'s (NASDAQ:ARRY) Shares Climb 25% But Its Business Is Yet to Catch Up
Dec 19Here's What To Make Of Array Technologies' (NASDAQ:ARRY) Decelerating Rates Of Return
Nov 29Is It Time To Consider Buying Array Technologies, Inc. (NASDAQ:ARRY)?
Nov 08Array Technologies (NASDAQ:ARRY) Is Experiencing Growth In Returns On Capital
Aug 28What Does Array Technologies, Inc.'s (NASDAQ:ARRY) Share Price Indicate?
Aug 10Is There An Opportunity With Array Technologies, Inc.'s (NASDAQ:ARRY) 31% Undervaluation?
Jul 22The Return Trends At Array Technologies (NASDAQ:ARRY) Look Promising
May 11What Array Technologies, Inc.'s (NASDAQ:ARRY) 25% Share Price Gain Is Not Telling You
Apr 17Estimating The Fair Value Of Array Technologies, Inc. (NASDAQ:ARRY)
Jan 23Is Now An Opportune Moment To Examine Array Technologies, Inc. (NASDAQ:ARRY)?
Nov 09Calculating The Intrinsic Value Of Array Technologies, Inc. (NASDAQ:ARRY)
Oct 19Array Technologies Could Be The Next Big Infrastructure Play
Oct 12Array Technologies: Tracking The Sun To A Triumphant Recovery
Sep 10Array Technologies reports Q2 earnings beat; reaffirms FY22 guidance
Aug 09Shareholder Returns
| ARRY | US Electrical | US Market | |
|---|---|---|---|
| 7D | -9.1% | 1.6% | -1.2% |
| 1Y | -60.2% | 46.4% | 30.4% |
Return vs Industry: ARRY underperformed the US Electrical industry which returned 46.4% over the past year.
Return vs Market: ARRY underperformed the US Market which returned 30.4% over the past year.
Price Volatility
| ARRY volatility | |
|---|---|
| ARRY Average Weekly Movement | 13.5% |
| Electrical Industry Average Movement | 10.3% |
| Market Average Movement | 6.2% |
| 10% most volatile stocks in US Market | 15.5% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: ARRY's share price has been volatile over the past 3 months compared to the US market.
Volatility Over Time: ARRY's weekly volatility (13%) has been stable over the past year, but is still higher than 75% of US 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
| ARRY fundamental statistics | |
|---|---|
| Market cap | US$926.85m |
| Earnings (TTM) | -US$148.81m |
| Revenue (TTM) | US$982.19m |
0.9x
P/S Ratio-6.2x
P/E RatioIs ARRY overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| ARRY 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 ARRY perform over the long term?
See historical performance and comparison