...
arry-img

Array Technologies Inc, Common Stock

ARRY

NMQ

$12.635

+$0.02

(0.16%)

1D
Industry: Electrical Equipment Sector: Industrials

Analyst Forecast

Price Chart

Key Metrics

Market Cap info-icon
This is a company’s total value as determined by the stock market. It is calculated by multiplying the total number of a company's outstanding shares by the current market price of one share.
$1.92B
P/E Ratio info-icon
This is the ratio of a security’s current share price to its earnings per share. This ratio determines the relative value of a company’s share.
31.69
Volume info-icon
This is the total number of shares traded during the most recent trading day.
3.87M
Avg Volume info-icon
This is the average number of shares traded during the most recent 30 days.
6.19M
Dividend Yield info-icon
This ratio shows how much income you earn in dividend payouts per year for every dollar invested in the stock (or the stock’s annual dividend payment expressed as a percentage of its current price).
0.00%
Beta info-icon
This measures the expected move in a stock’s price relative to movements in the overall market. The market, such as the S&P 500 Index, has a beta of 1.0. If a stock has a Beta greater (or lower) than 1.0, it suggests that the stock is more (or less) volatile than the broader market.
1.69
52-week Range info-icon
This shows the range of the stock’s price between the 52-week high (the highest price of the stock for the past 52 weeks) and the 52-week low (the lowest price of the stock for the past 52 weeks).
$10.82 L
$26.64 H
$12.635

About Array Technologies Inc, Common Stock

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. more

Industry: Electrical EquipmentSector: Industrials

Returns

Time FrameARRYSectorS&P500
1-Week Return-5.75%0.62%1.19%
1-Month Return3.95%2.54%3.76%
3-Month Return-15.98%6.49%5.3%
6-Month Return-17.52%20.53%17.55%
1-Year Return-46.18%28.56%28.69%
3-Year Return-11.31%25.35%31.54%
5-Year Return-65.38%82.11%100.74%

Financials

Dec '19Dec '20Dec '21Dec '22Dec '235YR TREND
Total Revenue647.90M872.66M853.32M1.64B1.58B[{"date":"2019-12-31","value":39.57,"profit":true},{"date":"2020-12-31","value":53.29,"profit":true},{"date":"2021-12-31","value":52.11,"profit":true},{"date":"2022-12-31","value":100,"profit":true},{"date":"2023-12-31","value":96.28,"profit":true}]
Cost of Revenue497.14M669.86M770.46M1.41B1.20B[{"date":"2019-12-31","value":35.25,"profit":true},{"date":"2020-12-31","value":47.5,"profit":true},{"date":"2021-12-31","value":54.63,"profit":true},{"date":"2022-12-31","value":100,"profit":true},{"date":"2023-12-31","value":85.08,"profit":true}]
Gross Profit150.76M202.80M82.86M227.28M376.62M[{"date":"2019-12-31","value":40.03,"profit":true},{"date":"2020-12-31","value":53.85,"profit":true},{"date":"2021-12-31","value":22,"profit":true},{"date":"2022-12-31","value":60.35,"profit":true},{"date":"2023-12-31","value":100,"profit":true}]
Gross Margin23.27%23.24%9.71%13.88%23.89%[{"date":"2019-12-31","value":97.41,"profit":true},{"date":"2020-12-31","value":97.28,"profit":true},{"date":"2021-12-31","value":40.65,"profit":true},{"date":"2022-12-31","value":58.1,"profit":true},{"date":"2023-12-31","value":100,"profit":true}]
Operating Expenses66.71M81.15M104.90M249.92M159.53M[{"date":"2019-12-31","value":26.69,"profit":true},{"date":"2020-12-31","value":32.47,"profit":true},{"date":"2021-12-31","value":41.98,"profit":true},{"date":"2022-12-31","value":100,"profit":true},{"date":"2023-12-31","value":63.84,"profit":true}]
Operating Income83.41M95.21M(24.74M)(18.13M)217.09M[{"date":"2019-12-31","value":38.42,"profit":true},{"date":"2020-12-31","value":43.86,"profit":true},{"date":"2021-12-31","value":-11.4,"profit":false},{"date":"2022-12-31","value":-8.35,"profit":false},{"date":"2023-12-31","value":100,"profit":true}]
Total Non-Operating Income/Expense(19.47M)(43.88M)(39.08M)17.69M(81.25M)[{"date":"2019-12-31","value":-110.07,"profit":false},{"date":"2020-12-31","value":-248.05,"profit":false},{"date":"2021-12-31","value":-220.92,"profit":false},{"date":"2022-12-31","value":100,"profit":true},{"date":"2023-12-31","value":-459.36,"profit":false}]
Pre-Tax Income64.58M77.78M(61.12M)(4.95M)177.16M[{"date":"2019-12-31","value":36.45,"profit":true},{"date":"2020-12-31","value":43.9,"profit":true},{"date":"2021-12-31","value":-34.5,"profit":false},{"date":"2022-12-31","value":-2.8,"profit":false},{"date":"2023-12-31","value":100,"profit":true}]
Income Taxes24.83M18.70M(10.72M)(9.38M)39.92M[{"date":"2019-12-31","value":62.21,"profit":true},{"date":"2020-12-31","value":46.86,"profit":true},{"date":"2021-12-31","value":-26.85,"profit":false},{"date":"2022-12-31","value":-23.51,"profit":false},{"date":"2023-12-31","value":100,"profit":true}]
Income After Taxes39.74M59.07M(50.40M)4.43M137.24M[{"date":"2019-12-31","value":28.96,"profit":true},{"date":"2020-12-31","value":43.04,"profit":true},{"date":"2021-12-31","value":-36.73,"profit":false},{"date":"2022-12-31","value":3.23,"profit":true},{"date":"2023-12-31","value":100,"profit":true}]
Income From Continuous Operations39.74M59.07M(50.40M)4.43M108.90M[{"date":"2019-12-31","value":36.5,"profit":true},{"date":"2020-12-31","value":54.24,"profit":true},{"date":"2021-12-31","value":-46.28,"profit":false},{"date":"2022-12-31","value":4.07,"profit":true},{"date":"2023-12-31","value":100,"profit":true}]
Income From Discontinued Operations-----[{"date":"2019-12-31","value":"-","profit":true},{"date":"2020-12-31","value":"-","profit":true},{"date":"2021-12-31","value":"-","profit":true},{"date":"2022-12-31","value":"-","profit":true},{"date":"2023-12-31","value":"-","profit":true}]
Net Income39.74M59.07M(50.40M)4.43M137.24M[{"date":"2019-12-31","value":28.96,"profit":true},{"date":"2020-12-31","value":43.04,"profit":true},{"date":"2021-12-31","value":-36.73,"profit":false},{"date":"2022-12-31","value":3.23,"profit":true},{"date":"2023-12-31","value":100,"profit":true}]
EPS (Diluted)-0.310.130.351.14[{"date":"2019-12-31","value":"-","profit":true},{"date":"2020-12-31","value":27.32,"profit":true},{"date":"2021-12-31","value":11.4,"profit":true},{"date":"2022-12-31","value":30.7,"profit":true},{"date":"2023-12-31","value":100,"profit":true}]

Ratios

Liquidity

These ratios help you determine the liquidity of the company. Higher is better.

ARRY
Cash Ratio 1.01
Current Ratio 2.73
Quick Ratio 2.10

Asset Efficiency

These ratios help you understand the company's efficiency in using its assets to generate returns. Higher is better. For ROE, average long term is around 14%, less than 10% is poor.

ARRY
ROA (LTM) 6.43%
ROE (LTM) 19.68%

Liabilities

These ratios help you understand the company's liabilities, gauging the riskiness of the investment.

ARRY
Debt Ratio Lower is generally better. Negative is bad. 0.63
Common Equity/Total Assets Higher is better. Lower can suggest investment is riskier. 0.37
Debt/Equity The higher the number, the more leverage the business employs, the riskier the investment typically is. 2.73

Valuation

These ratios help you understand the company's valuation. Lower may indicate cheaper stocks.

ARRY
Trailing PE 33.21
Forward PE 11.98
P/S (TTM) 1.25
P/B 7.57
Price/FCF 43
EV/R 1.77
EV/Ebitda 10.12
PEG 0.02

News

ARRY Stock Earnings: Array Technologies Beats EPS, Beats Revenue for Q1 2024

Array Technologies (NASDAQ: ARRY ) just reported results for the first quarter of 2024. Array Technologies reported earnings per share of 6 cents. This was above the analyst estimate for EPS of -3 cents. The company reported revenue of $153.40 million. This was 9.49% better than the analyst estimate for revenue of $140.11 million. InvestorPlace Earnings is a project that leverages data from TradeSmith to automate coverage of quarterly earnings reports. InvestorPlace Earnings distills key takeaways including earnings per share and revenue, as well as how a company stacks up to analyst estimates. These articles are published without human intervention, allowing us to inform our readers of the latest figures as quickly as possible. To report any concerns or inaccuracies, please contact us at editor@investorplace.com. More From InvestorPlace The #1 AI Investment Might Be This Company You’ve Never Heard Of Musk’s “Project Omega” May Be Set to Mint New Millionaires. Here’s How to Get In. Legendary Investor Predicts: “Forget A.I.

10 May, 2024 a 12:56 am InvestorPlace

Stock Market Crash Alert: 3 Must-Buy Solar Stocks When Prices Plunge

2023 was not a good year for solar stocks . As the S&P 500 gained over 25%, solar ETFs like the Invesco Solar ETF are down nearly 40%. As solar stocks to buy become cheaper and macroeconomic conditions change, they are progressively becoming better investments. With slightly negative inflation data and economic growth in 2024 uncertain, solar stocks will likely outperform the overall market. It may finally be time to invest in solar stocks at a very cheap price. Below are the best three solar stocks to buy when prices plunge. First Solar (FSLR) Source: T. Schneider / Shutterstock.com First Solar (NASDAQ: FSLR ) is one of the largest solar companies and is currently an attractive investment. It is one of the most innovative solar companies, constantly cutting costs and producing energy more efficiently. Its solar panel’s power the world, have a strong presence outside the United States and reach five continents. In addition to spending $1.5 billion on R&D for its PV technology, it also recently invested an enormous $1.1 billion to build the fifth U.S. panel factory.

2 May, 2024 a 8:03 pm InvestorPlace

FAQs

What is Array Technologies Inc share price today?

Array Technologies Inc (ARRY) share price today is $12.635

Can Indians buy Array Technologies Inc shares?

Yes, Indians can buy shares of Array Technologies Inc (ARRY) on Vested. To buy Array Technologies Inc from India, you can open a US Brokerage account on Vested today by clicking on Sign Up or Invest in ARRY stock at the top of this page. The account opening process is completely digital and secure, and takes a few minutes to complete.

Can Fractional shares of Array Technologies Inc be purchased?

Yes, you can purchase fractional shares of Array Technologies Inc (ARRY) via the Vested app. You can start investing in Array Technologies Inc (ARRY) with a minimum investment of $1.

How to invest in Array Technologies Inc shares from India?

You can invest in shares of Array Technologies Inc (ARRY) via Vested in three simple steps:

  • Click on Sign Up or Invest in ARRY stock at the top of this page
  • Breeze through our fully digital and secure KYC process and open your US Brokerage account in a few minutes
  • Transfer USD funds to your US Brokerage account and start investing in Array Technologies Inc shares
What is Array Technologies Inc 52-week high and low stock price?

The 52-week high price of Array Technologies Inc (ARRY) is $26.64. The 52-week low price of Array Technologies Inc (ARRY) is $10.82.

What is Array Technologies Inc price-to-earnings (P/E) ratio?

The price-to-earnings (P/E) ratio of Array Technologies Inc (ARRY) is 31.69

What is Array Technologies Inc price-to-book (P/B) ratio?

The price-to-book (P/B) ratio of Array Technologies Inc (ARRY) is 7.57

What is Array Technologies Inc dividend yield?

The dividend yield of Array Technologies Inc (ARRY) is 0.00%

What is the Market Cap of Array Technologies Inc?

The market capitalization of Array Technologies Inc (ARRY) is $1.92B

What is Array Technologies Inc’s stock symbol?

The stock symbol (or ticker) of Array Technologies Inc is ARRY

Signup to access all features and start your US investing journey!

  • Open your account in minutes
  • Take your portfolio global, starting at just $1
Get started

Add ticker to compare

Scroll to Top