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Array Technologies, Inc. (ARRY)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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29.10-0.47 (-1.59%)
At close: 4:00PM EDT

29.22 +0.12 (0.41%)
After hours: 6:44PM EDT

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Commodity Channel Index

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Previous Close29.57
Open29.68
Bid29.10 x 800
Ask29.29 x 1000
Day's Range28.74 - 29.79
52 Week Range26.13 - 54.78
Volume1,597,239
Avg. Volume2,433,816
Market Cap3.696B
Beta (5Y Monthly)N/A
PE Ratio (TTM)59.88
EPS (TTM)0.49
Earnings DateMar 09, 2021
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est45.45
Fair Value is the appropriate price for the shares of a company, based on its earnings and growth rate also interpreted as when P/E Ratio = Growth Rate. Estimated return represents the projected annual return you might expect after purchasing shares in the company and holding them over the default time horizon of 5 years, based on the EPS growth rate that we have projected.
Fair Value
XX.XX
Undervalued
46% Est. Return
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  • Array Technologies Awarded ISO 9001:2015 Certification
    GlobeNewswire

    Array Technologies Awarded ISO 9001:2015 Certification

    ISO 9001:2015 issued to Array by DQS Inc. after demonstrated ability to meet customer, statutory and regulatory standardsALBUQUERQUE, N.M., April 13, 2021 (GLOBE NEWSWIRE) -- Array Technologies (NASDAQ: ARRY) (“Array”), a leading provider of tracker solutions and services for utility-scale solar energy projects, today announced it has obtained ISO 9001:2015 certification from DQS Inc. as of January 22, 2021. “We are proud of our commitment to producing products of the highest quality,” said Stuart Bolland, Chief Operations Office at Array Technologies. “Customer satisfaction is at the center of everything we do and this ISO certification assures our customers that we continue to prioritize robust quality, reliability and durability in our manufacturing and management system processes today and in the future.” ISO 9001 quality management system standards are designed to help organizations ensure they address the needs of customers and stakeholders while meeting statutory and regulatory requirements related to a product or service. ISO 9001 examines the fundamentals of quality management systems, including seven quality management principles. “Array Technologies has demonstrated their commitment to quality and focus on meeting customer needs by successfully completing the rigorous ISO 9001:2015 initial audit process and achieving certification” says Lisa Brandon, Vice President of Business Development at DQS Inc. Array has established itself as a true authority in utility-scale solar solutions with a more than 30-year track record of designing and manufacturing solar trackers which are deployed around the globe. About Array Technologies, Inc. Array Technologies (NASDAQ: ARRY) is a leading global technology company providing tracker solutions and services for utility-scale solar energy projects as one of the world's largest manufacturers of ground-mounted systems. With efficient installation and terrain flexibility coupled with high reliability, durability, and performance, Array delivers a lower levelized cost of energy. The Company's focus on innovation, combined with its customer-centric approach, has helped achieve some of the industry's best returns. Array Technologies is headquartered in the United States with offices in Europe, Central America, and Australia. Contact us at arraytechinc.com or view our LinkedIn page. About DQS Inc. DQS Inc. was formed as a strategic partnership between Underwriters Laboratories (UL) and DQS (Germany’s first certification body). As a result of this merger, DQS Inc. is able to provide global resources and highly skilled, local auditors. The assessment and certification of management systems is our core business. With over 60,000 certificates in 100 countries, we serve a wide spectrum of industry sectors, including automotive, electrical engineering, engine construction, the metal and chemicals industries, services, food, health care, the aviation and aerospace industries and telecommunications. Forward Looking Statements This press release contains forward looking statements. These statements are not historical facts but rather are based on the Company’s current expectations and projections regarding its business, operations and other factors relating thereto. Words such as “may,” “will,” “could,” “would,” “should,” “anticipate,” “predict,” “potential,” “continue,” “expects,” “intends,” “plans,” “projects,” “believes,” “estimates” and similar expressions are used to identify these forward looking statements. These statements are only predictions and as such are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Actual results may differ materially from those in the forward looking statements as a result of a number of factors. Media Contact: James McCusker203-585-4750jmccusker@soleburytrout.com Investor Relations Contact:505-437-0010investors@arraytechinc.com

  • Why Shares of Array Technologies Plunged 20% in March
    Motley Fool

    Why Shares of Array Technologies Plunged 20% in March

    What happened After dropping 14% through the first two months of 2021, shares of Array Technologies (NASDAQ: ARRY), a manufacturer of tracking systems for utility-scale solar projects, failed to warm up in March.

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    3 Recent IPOs to Add to Your Watchlist

    With 407 companies debuting on the public markets, there was certainly no shortage of IPOs to keep track of last year. Nearly as many as the 409 companies that went public in 2018 and 2019 combined, the number of IPOs in 2020 was the highest since 2000, when 429 companies underwent the IPO process. While the stocks of companies that have recently completed their IPOs often exhibit considerable volatility in their share prices, smart investors know that keeping a watchlist of stocks can be a valuable tool, helping them to identify potential additions to their portfolios.