ARRY 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 | 5/6 |
| Future Growth | 4/6 |
| Past Performance | 3/6 |
| Financial Health | 4/6 |
| Dividends | 0/6 |
Array Technologies, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$10.98 |
| 52 Week High | US$26.64 |
| 52 Week Low | US$10.82 |
| Beta | 1.65 |
| 1 Month Change | -11.02% |
| 3 Month Change | -15.41% |
| 1 Year Change | -47.64% |
| 3 Year Change | -62.36% |
| 5 Year Change | n/a |
| Change since IPO | -69.88% |
Recent News & Updates
Is There An Opportunity With Array Technologies, Inc.'s (NASDAQ:ARRY) 49% Undervaluation?
Mar 25
Array Technologies: Short-Term Downside, But High Long-Term Growth
Mar 07Recent updates
Is 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 09Array Technologies enters settlement agreement with Nextracker, Flextronics International
Jul 21Is Array Technologies, Inc. (NASDAQ:ARRY) Trading At A 49% Discount?
Jul 09Array Technologies: Import Tariff Overhang Is Gone, It's Time To Shine
Jun 26Array Technologies: On The Scrap Heap
Apr 11Array Technologies: Severely Unloved And Undervalued
Feb 01Array Technologies: No Sunshine Yet
Jan 12Array Technologies (NASDAQ:ARRY) Might Be Having Difficulty Using Its Capital Effectively
Dec 06Shareholder Returns
| ARRY | US Electrical | US Market | |
|---|---|---|---|
| 7D | -22.6% | -3.7% | -3.7% |
| 1Y | -47.6% | 28.8% | 20.2% |
Return vs Industry: ARRY underperformed the US Electrical industry which returned 29.6% over the past year.
Return vs Market: ARRY underperformed the US Market which returned 20.5% over the past year.
Price Volatility
| ARRY volatility | |
|---|---|
| ARRY Average Weekly Movement | 8.3% |
| Electrical Industry Average Movement | 9.6% |
| Market Average Movement | 6.0% |
| 10% most volatile stocks in US Market | 16.6% |
| 10% least volatile stocks in US Market | 3.0% |
Stable Share Price: ARRY's share price has been volatile over the past 3 months.
Volatility Over Time: ARRY's weekly volatility (8%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1987 | 1,028 | 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$1.67b |
| Earnings (TTM) | US$85.55m |
| Revenue (TTM) | US$1.58b |
19.5x
P/E Ratio1.1x
P/S RatioIs ARRY overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| ARRY income statement (TTM) | |
|---|---|
| Revenue | US$1.58b |
| Cost of Revenue | US$1.16b |
| Gross Profit | US$415.55m |
| Other Expenses | US$330.00m |
| Earnings | US$85.55m |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.56 |
| Gross Margin | 26.36% |
| Net Profit Margin | 5.43% |
| Debt/Equity Ratio | 111.8% |
How did ARRY perform over the long term?
See historical performance and comparison