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Array Technologies (ARRY)
NASDAQ:ARRY
Array Technologies (ARRY) Stock Price & Analysis
865 Followers
ARRY Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$5.45 - $24.59
Previous Close$17.07
Volume1.11M
Average Volume (3M)4.68M
Market Cap
$2.82B
Enterprise Value$3.57B
Total Cash (Recent Filing)$62.78M
Total Debt (Recent Filing)$772.79M
Price to Earnings (P/E)-44.4
Beta2.36
Next Earnings
Mar 21, 2023EPS Estimate
$0.1Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.38
Shares Outstanding150,490,517
10 Day Avg. Volume5,321,133
30 Day Avg. Volume4,681,827
Standard Deviation0.26
R-Squared0.18
Alpha-0.00667
Financial Highlights & Ratios
Price to Book (P/B)-4.48
Price to Sales (P/S)2.48
Price to Cash Flow (P/CF)60.70
P/FCF Ratio-8.60
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.45
Enterprise Value/Gross Profit43.04
Enterprise Value/Ebitda48.11
Forecast
1Y Price Target
$26.73Price Target Upside42.79% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering12
Array Technologies News
ARRY FAQ
What was Array Technologies’s price range in the past 12 months?
Array Technologies lowest stock price was $5.45 and its highest was $24.59 in the past 12 months.
What is Array Technologies’s market cap?
Currently, no data Available
When is Array Technologies’s upcoming earnings report date?
Array Technologies’s upcoming earnings report date is Mar 21, 2023 which is today.
How were Array Technologies’s earnings last quarter?
Array Technologies released its earnings results on Nov 08, 2022. The company reported $0.19 earnings per share for the quarter, beating the consensus estimate of $0.111 by $0.079.
Is Array Technologies overvalued?
According to Wall Street analysts Array Technologies’s price is currently Undervalued.
Does Array Technologies pay dividends?
Array Technologies does not currently pay dividends.
What is Array Technologies’s EPS estimate?
Array Technologies’s EPS estimate is $0.1.
How many shares outstanding does Array Technologies have?
Array Technologies has 150,490,520 shares outstanding.
What happened to Array Technologies’s price movement after its last earnings report?
Array Technologies reported an EPS of $0.19 in its last earnings report, beating expectations of $0.111. Following the earnings report the stock price went up 13.486%.
Which hedge fund is a major shareholder of Array Technologies?
Among the largest hedge funds holding Array Technologies’s share is Blackstone Inc.. It holds Array Technologies’s shares valued at 98M.
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Array Technologies Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$26.73 (42.79% Upside)
$26.73 (42.79% Upside)
Blogger Sentiment
Bullish
ARRY Sentiment 100%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Increased
By 3.3M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Neutral
Last 7 Days ▼ 1.0%
Last 30 Days ▲ 1.1%
Last 30 Days ▲ 1.1%
News Sentiment
Positive
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
31.12%
12-Months-Change
Fundamentals
Return on Equity
-2.00%
Trailing 12-Months
Asset Growth
116.57%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
Array Technologies
Array Technologies Inc manufacturers of ground-mounting systems used in solar energy projects. The company's product is an integrated system of steel supports, electric motors, gearboxes and electronic controllers referred to as a single-axis tracker that move solar panels throughout the day to maintain an optimal orientation to the sun, which increases their energy production. Its operations are in United States, Australia, and Rest of the World with United States deriving majority of the revenue.
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