Stock Forecast

  Array Technologies, Inc. ( ARRY) Stock. Should you Buy or Sell?    $ 20.88

-0.44 (-2.15 %)



Array Technologies, Inc. Analysis

Updated on 10-09-2022
Symbol ARRY
Price $20.88
Beta 0.000
Volume Avg. $4.3 M
Market Cap $3.14 B
52 Week Range $5.445 - $27.671


Array Technologies, Inc. opened the day at $20.88 which is -2.15 % on yesterday's close. Array Technologies, Inc. has a 52 week high of $27.671 and 52 week low of $5.445, which is a difference of $22.226. We like to see positive, upward trending shares, preferably with momentum. Market capitalization is $3.14 B and total net profit is $853318000 which means the company is trading at 3.68 times profit to market capitalization. Theoretically, if you were to buy Array Technologies, Inc. for $3.14 B, it would take 15 years to get your money back. Array Technologies, Inc. are in the Solar space which will have a sweet spot and industry standard for net profit multiples.



Price Chart


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Financials




Array Technologies, Inc. Stock Forecast - Is Array Technologies, Inc. a Buy or Sell?


DCF ScoreStrong Buy
ROE ScoreNeutral
ROA ScoreNeutral
DE ScoreStrong Buy
PE ScoreStrong Sell
PB ScoreStrong Buy
Overall RecommendationBuy

Growth and Value


PE Ratio -43.388
Dividend Yiel 0.000
Net Profit Margin -0.064


Valuing Array Technologies, Inc.


Price Book Value Ratio 8.705 Price To Book Ratio 8.705
Price To Sales Ratio 2.757 Price Earnings Ratio -43.388


How liquid is Array Technologies, Inc.


Current Ratio 1.762
Quick Ratio 1.019


Debt


Debt Ratio 0.797 Debt Equity Ratio 3.928
Long Term Debt To Capitalization 0.688 Total Debt To Capitalization 0.701



Latest news about Array Technologies, Inc.


Array Technologies Shines By Maximizing Solar Energy Generation

The Sun is always shining on Array Technologies, thanks to its mechanical systems that enable solar panels to maximize energy generation. The post Array Technologies Shines By Maximizing Solar Energy Generation appeared first on Investor's Business Daily.

Date : 08/09/2022

The Breakout in Solar Stocks Is Just the Start of Massive Gains

Source: Shutterstock Currently, solar stocks are staging an enormous breakout. And our fundamental and technical analysis indicates this is just the beginning of a massive 50% melt-up!

Date : 17/08/2022

Has Array Technologies (ARRY) Outpaced Other Oils-Energy Stocks This Year?

Here is how Array Technologies, Inc. (ARRY) and Patterson-UTI (PTEN) have performed compared to their sector so far this year.

Date : 11/08/2022

Array Technologies, Inc. (ARRY) CEO Kevin Hostetler on Q2 2022 Results - Earnings Call Transcript

Array Technologies, Inc. (NASDAQ:ARRY ) Q2 2022 Earnings Conference Call August 9, 2022 5:00 PM ET Company Participants Cody Mueller - Vice President of Finance & Investor Relations Kevin Hostetler - Chief Executive Officer Nipul Patel - Chief Financial Officer Conference Call Participants Brian Lee - Goldman Sachs Philip Shen - ROTH Capital Colin Rusch - Oppenheimer & Co. Maheep Mandloi - Credit Suisse Donovan Schafer - Northland Capital Markets Joseph Osha - Guggenheim Kashy Harrison - Piper Sandler William Grippin - UBS Operator Hello, and welcome to the Array Technologies Second Quarter 2022 Earnings Call. At this time, all participants are in a listen-only mode.

Date : 09/08/2022

Array Technologies, Inc. (ARRY) Tops Q2 Earnings and Revenue Estimates

Array Technologies, Inc. (ARRY) delivered earnings and revenue surprises of 125% and 20.64%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Date : 09/08/2022





About Array Technologies, Inc.


CEO : Mr. James M. Fusaro
Sector : Technology
Industry : Solar

Website : https://arraytechinc.com

Exchange : NASDAQ Global Market

Description :

Array Technologies, Inc. manufactures and supplies solar tracking systems and related products in the United States and internationally. Its products include DuraTrack HZ v3, a single-axis solar tracking system; and SmarTrack, a machine learning software that is used to identify the optimal position for a solar array in real time to increase energy production. The company was founded in 1989 and is headquartered in Albuquerque, New Mexico.


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