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Array Technologies, Inc. (ARRY)

11.69 +0.42 (+3.73%)
At close: April 22 at 4:00 PM EDT
11.71 +0.02 (+0.17%)
After hours: April 22 at 7:35 PM EDT
Loading Chart for ARRY
DELL
  • Previous Close 11.27
  • Open 11.33
  • Bid 11.67 x 2100
  • Ask 11.70 x 2100
  • Day's Range 11.08 - 11.83
  • 52 Week Range 10.82 - 26.64
  • Volume 5,697,866
  • Avg. Volume 5,768,206
  • Market Cap (intraday) 1.774B
  • Beta (5Y Monthly) 1.65
  • PE Ratio (TTM) 20.88
  • EPS (TTM) 0.56
  • Earnings Date May 9, 2024
  • Forward Dividend & Yield --
  • Ex-Dividend Date --
  • 1y Target Est 20.23

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. was incorporated in 1987 and is headquartered in Albuquerque, New Mexico.

arraytechinc.com

1,028

Full Time Employees

December 31

Fiscal Year Ends

Solar

Industry

Recent News: ARRY

Performance Overview: ARRY

Trailing total returns as of 4/22/2024, which may include dividends or other distributions. Benchmark is

.

YTD Return

ARRY
30.42%
S&P 500
5.05%

1-Year Return

ARRY
44.62%
S&P 500
21.22%

3-Year Return

ARRY
57.68%
S&P 500
20.06%

5-Year Return

ARRY
--
S&P 500
43.84%

Compare To: ARRY

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Statistics: ARRY

Valuation Measures

Annual
As of 4/22/2024
  • Market Cap

    1.77B

  • Enterprise Value

    2.61B

  • Trailing P/E

    20.88

  • Forward P/E

    10.82

  • PEG Ratio (5yr expected)

    --

  • Price/Sales (ttm)

    1.13

  • Price/Book (mrq)

    6.84

  • Enterprise Value/Revenue

    1.65

  • Enterprise Value/EBITDA

    9.44

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    8.70%

  • Return on Assets (ttm)

    7.95%

  • Return on Equity (ttm)

    26.54%

  • Revenue (ttm)

    1.58B

  • Net Income Avi to Common (ttm)

    85.55M

  • Diluted EPS (ttm)

    0.56

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    249.08M

  • Total Debt/Equity (mrq)

    115.91%

  • Levered Free Cash Flow (ttm)

    173.5M

Research Analysis: ARRY

Analyst Price Targets

12.00
20.23 Average
11.69 Current
36.00 High
 

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell
 

Earnings

Consensus EPS
 

Company Insights: ARRY

Fair Value

11.69 Current
 

Dividend Score

0 Low
ARRY
Sector Avg.
100 High
 

Hiring Score

0 Low
ARRY
Sector Avg.
100 High
 

Insider Sentiment Score

0 Low
ARRY
Sector Avg.
100 High
 

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