Buy or Sell ? Support and Resistance
What is MACD and how to read it?
How RSI can help?
ARRY Stock Summary
In the News

Harness the Sun: 3 Must-Own Stocks in the Solar Industry
It's been one year since the United States Congress passed the Inflation Reduction Act, which, among other things, promoted the use of clean energy sources like solar panels. The bill pumped millions of dollars into solar farms, electric vehicle production, and other such projects.

3 Alternative Energy Stocks to Power Up Your Profits
Alternative energy stocks will likely be boosted by two medium-term catalysts and one long-term catalyst. One of the medium-term catalysts involves the Internal Revenue Service ( IRS ) finally releasing its rules on a hydrogen production tax credit.

Profit from the Unknown: 3 Silent Market Movers to Watch Before They Boom
In the dynamic stock market, the most lucrative opportunities often arise from the unexpected. This article delves into the strategies of three under the radar stocks to watch quietly making waves in their respective industries, poised to unleash substantial growth.

Why Array Technologies Stock Plunged Today
Array Technologies announced mixed third-quarter results, beating on earnings but missing on revenue relative to Wall Street's expectations. Management blamed "near-term secular challenges," for weak shipment volume, but insists the company is executing well.

Array Sinks On Cloudy Sales Outlook As Pain Continues For Solar Stocks
ARRY stock is down nearly 20% after the company published earnings Tuesday night. Other solar stocks are falling in sympathy.

Array Technologies' Guidance Shows More Pain for Solar Stocks
Shares of the solar tracking solutions company are on pace for their worst day in more than two years.

Array Technologies, Inc. (ARRY) Q3 2023 Earnings Call Transcript
Array Technologies, Inc. (NASDAQ:ARRY ) Q3 2023 Earnings Conference Call November 7, 2023 5:00 PM ET Company Participants Cody Mueller - IR Kevin Hostetler - CEO Nipul Patel - CFO Conference Call Participants Mark Strouse - JPMorgan Julien Dumoulin-Smith - Bank of America Donovan Schafer - Northland Capital Market Tristan Richardson - Scotiabank Jordan Levy - Trust Securities Brian Lee - Goldman Sachs Colin Rusch - Oppenheimer Joe Osha - Guggenheim Partners Jon Windham - UBS Tom Curran - Seaport Global Securities Philip Shen - ROTH MKM Sean Milligan - Janney Operator Greetings and welcome to Array Technologies' Third Quarter 2023 Earnings Call. At this time, all participants are in a listen-only mode.

3 Stocks Leading the Way in Renewable Energy
Renewable energy stocks have taken a beating over the past year. This is due to a number of factors, including higher interest rates.

3 Undervalued Stocks That Could Catapult You to Riches in 2024
After enduring a brutal sell-off in September and October, investors are enjoying a more enjoyable start to November. The S&P 500 closed in the green for five consecutive days for the first time in two years.

What's in Store for Array Technologies (ARRY) in Q3 Earnings?
Array Technologies' (ARRY) Q3 results are likely to reflect the impacts of increased interest and operating expenses amid its cost-saving initiatives.
ARRY Financial details
ARRY Financial Performance
Yearly Fundamentals Overview
Last date of statement is 2022-12-31
Metric | History | 2018-12-31 | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 |
---|---|---|---|---|---|---|
2.02K | 2.02K | 2.02K | 2.02K | 2.02K | ||
Revenue per share | 2.44 | 5.38 | 7.18 | 6.58 | 10.93 | |
Net income per share | -0.51 | 0.33 | 0.49 | -0.39 | 0.03 | |
Operating cash flow per share | -0.1 | 3.21 | -1.01 | -2.03 | 0.94 | |
Free cash flow per share | -0.12 | 3.19 | -1.02 | -2.06 | 0.87 | |
Cash per share | 0.34 | 2.58 | 0.89 | 2.84 | 0.89 | |
Book value per share | 2.22 | 2.53 | -0.67 | 1.3 | 2.83 | |
Tangible book value per share | -0.45 | 0.1 | -2.87 | -0.59 | -2.53 | |
Share holders equity per share | 2.22 | 2.53 | -0.67 | 1.3 | 2.83 | |
Interest debt per share | 1.46 | 0.97 | 3.65 | 5.84 | 5.29 | |
Market cap | 4.34B | 4.39B | 5.24B | 2.03B | 2.9B | |
Enterprise value | 4.46B | 4.18B | 5.56B | 2.39B | 3.52B | |
P/E ratio | -71.47 | 110.45 | 88.71 | -40.36 | 653.43 | |
Price to sales ratio | 14.93 | 6.78 | 6 | 2.38 | 1.77 | |
POCF ratio | -370.33 | 11.37 | -42.88 | -7.73 | 20.47 | |
PFCF ratio | -314.7 | 11.42 | -42.42 | -7.63 | 22.13 | |
P/B Ratio | 16.42 | 14.39 | -64.77 | 12.09 | 6.83 | |
PTB ratio | 16.42 | 14.39 | -64.77 | 12.09 | 6.83 | |
EV to sales | 15.33 | 6.45 | 6.37 | 2.8 | 2.15 | |
Enterprise value over EBITDA | -130.98 | 37.74 | 37.87 | 796.96 | 43.36 | |
EV to operating cash flow | -380.07 | 10.82 | -45.5 | -9.07 | 24.89 | |
EV to free cash flow | -322.97 | 10.87 | -45 | -8.96 | 26.9 | |
Earnings yield | -0.01 | 0.01 | 0.01 | -0.02 | 0 | |
Free cash flow yield | 0 | 0.09 | -0.02 | -0.13 | 0.05 | |
Debt to equity | 0.59 | 0.32 | -5.29 | 4.29 | 1.79 | |
Debt to assets | 0.3 | 0.11 | 0.65 | 0.63 | 0.44 | |
Net debt to EBITDA | -3.36 | -1.92 | 2.18 | 118.02 | 7.7 | |
Current ratio | 1.29 | 1.05 | 1.3 | 3.47 | 1.79 | |
Interest coverage | -3.21 | 4.44 | 6.29 | -0.65 | -0.59 | |
Income quality | 0.19 | 9.71 | -2.07 | 5.22 | 31.93 | |
Dividend Yield | 0 | 0 | 0 | 0 | 0.01 | |
Payout ratio | 0 | 0 | 0 | -0.16 | 4.21 | |
Sales general and administrative to revenue | 0.16 | 0.06 | 0.06 | 0.09 | 0.09 | |
Research and developement to revenue | 0 | 0 | 0 | 0 | 0 | |
Intangibles to total assets | 0.62 | 0.32 | 0.41 | 0.21 | 0.47 | |
Capex to operating cash flow | 0.18 | 0 | 0.01 | 0.01 | -0.08 | |
Capex to revenue | -0.01 | 0 | 0 | 0 | -0.01 | |
Capex to depreciation | -0.07 | -0.06 | -0.05 | -0.13 | -0.11 | |
Stock based compensation to revenue | 0.02 | 0 | 0.01 | 0.02 | 0.01 | |
Graham number | 5.05 | 4.34 | 2.7 | 3.37 | 1.37 | |
ROIC | -0.11 | 0.13 | 0.21 | -0.02 | 0.01 | |
Return on tangible assets | -0.32 | 0.06 | 0.15 | -0.06 | 0 | |
Graham Net | -1.09 | -1.34 | -3.85 | -2.47 | -4.76 | |
Working capital | 39.31M | 29.06M | 86.07M | 606.73M | 365.95M | |
Tangible asset value | -54.01M | 11.91M | -348.89M | -76.22M | -378.7M | |
Net current asset value | -71.51M | 1.25M | -361.75M | -122.69M | -450.99M | |
Invested capital | 0.59 | 0.32 | -5.29 | 4.29 | 1.79 | |
Average receivables | 46.7M | 79.5M | 116.37M | 190.46M | 334.89M | |
Average payables | 19.33M | 82.77M | 110.25M | 88.49M | 131.22M | |
Average inventory | 27.59M | 101.6M | 133.24M | 162.06M | 219.41M | |
Days sales outstanding | 77.98 | 54.58 | 56.82 | 104.82 | 94.67 | |
Days payables outstanding | 39.25 | 99.49 | 46.31 | 43.59 | 44.11 | |
Days of inventory on hand | 72.12 | 108.68 | 64.55 | 97.43 | 60.35 | |
Receivables turnover | 4.68 | 6.69 | 6.42 | 3.48 | 3.86 | |
Payables turnover | 9.3 | 3.67 | 7.88 | 8.37 | 8.27 | |
Inventory turnover | 5.06 | 3.36 | 5.65 | 3.75 | 6.05 | |
ROE | -0.23 | 0.13 | -0.73 | -0.3 | 0.01 | |
Capex per share | -0.02 | -0.01 | -0.01 | -0.03 | -0.07 |
Quarterly Fundamentals Overview
Last date of statement is 2023-06-30 for Q2
Metric | History | 2022-06-30 | 2022-09-30 | 2022-12-31 | 2023-03-31 | 2023-06-30 |
---|---|---|---|---|---|---|
2.02K | 2.02K | 2.02K | 2.02K | 2.02K | ||
Revenue per share | 2.83 | 3.43 | 2.67 | 2.48 | 3.32 | |
Net income per share | -0.02 | 0.27 | -0.03 | 0.17 | 0.42 | |
Operating cash flow per share | -0.07 | 0.7 | 0.6 | 0.3 | 0.13 | |
Free cash flow per share | -0.08 | 0.68 | 0.57 | 0.28 | 0.1 | |
Cash per share | 0.34 | 0.42 | 0.89 | 0.97 | 1.02 | |
Book value per share | 2.4 | 2.32 | 2.82 | 3.43 | 4 | |
Tangible book value per share | -2.93 | -2.62 | -2.52 | -1.9 | -1.34 | |
Share holders equity per share | 2.4 | 2.32 | 2.82 | 3.43 | 4 | |
Interest debt per share | 5.68 | 5.2 | 5.11 | 4.94 | 4.9 | |
Market cap | 1.65B | 2.49B | 2.91B | 3.32B | 3.46B | |
Enterprise value | 2.45B | 3.2B | 3.53B | 3.91B | 4.04B | |
P/E ratio | -148.88 | 15.26 | -138.47 | 31.74 | 13.34 | |
Price to sales ratio | 3.89 | 4.84 | 7.23 | 8.81 | 6.81 | |
POCF ratio | -155.03 | 23.78 | 32.43 | 72.42 | 168.36 | |
PFCF ratio | -135.5 | 24.44 | 33.92 | 79.13 | 230.55 | |
P/B Ratio | 4.59 | 7.13 | 6.86 | 6.39 | 5.65 | |
PTB ratio | 4.59 | 7.13 | 6.86 | 6.39 | 5.65 | |
EV to sales | 5.76 | 6.22 | 8.79 | 10.38 | 7.96 | |
Enterprise value over EBITDA | 156.28 | 77.77 | 75.6 | 61.56 | 36.67 | |
EV to operating cash flow | -229.47 | 30.56 | 39.41 | 85.35 | 196.79 | |
EV to free cash flow | -200.55 | 31.4 | 41.21 | 93.25 | 269.49 | |
Earnings yield | 0 | 0.02 | 0 | 0.01 | 0.02 | |
Free cash flow yield | -0.01 | 0.04 | 0.03 | 0.01 | 0 | |
Debt to equity | 2.35 | 2.21 | 1.79 | 1.43 | 1.21 | |
Debt to assets | 0.48 | 0.46 | 0.44 | 0.41 | 0.4 | |
Net debt to EBITDA | 50.69 | 17.24 | 13.37 | 9.33 | 5.3 | |
Current ratio | 1.76 | 1.7 | 1.79 | 1.84 | 2.09 | |
Interest coverage | -1.11 | 2.12 | 1.67 | 5 | 9.52 | |
Income quality | 3.84 | 2.57 | -17.08 | 1.75 | 0.32 | |
Dividend Yield | 0 | 0.01 | 0.01 | 0 | 0 | |
Payout ratio | 0 | 0.46 | -3.56 | 0 | 0 | |
Sales general and administrative to revenue | 0.07 | 0.08 | 0.09 | 0.1 | 0.08 | |
Research and developement to revenue | 0 | 0 | 0 | 0 | 0 | |
Intangibles to total assets | 0.45 | 0.44 | 0.47 | 0.45 | 0.44 | |
Capex to operating cash flow | 0.14 | -0.03 | -0.04 | -0.08 | -0.27 | |
Capex to revenue | 0 | -0.01 | -0.01 | -0.01 | -0.01 | |
Capex to depreciation | -0.06 | -0.12 | -0.15 | -0.27 | -0.42 | |
Stock based compensation to revenue | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | |
Graham number | 1 | 3.77 | 1.49 | 3.64 | 6.18 | |
ROIC | 0 | 0.01 | -0.01 | 0.03 | 0.05 | |
Return on tangible assets | 0 | 0.04 | -0.01 | 0.03 | 0.06 | |
Graham Net | -5.62 | -5.06 | -4.74 | -4.53 | -3.95 | |
Working capital | 392.65M | 358.68M | 365.95M | 396.05M | 473.29M | |
Tangible asset value | -440.29M | -394.34M | -378.7M | -288.16M | -204.49M | |
Net current asset value | -507.19M | -460.65M | -450.99M | -408.15M | -332.25M | |
Invested capital | 2.35 | 2.21 | 1.79 | 1.43 | 1.21 | |
Average receivables | 448.06M | 486.03M | 461.33M | 421.3M | 460.28M | |
Average payables | 210.11M | 216.06M | 185.13M | 185.51M | 194.61M | |
Average inventory | 314.48M | 299.86M | 251.47M | 243.89M | 230.74M | |
Days sales outstanding | 100.42 | 87.01 | 95.07 | 99.82 | 89.1 | |
Days payables outstanding | 55.37 | 41.36 | 47.7 | 65.5 | 47.46 | |
Days of inventory on hand | 78.65 | 55.84 | 65.26 | 83.15 | 52.05 | |
Receivables turnover | 0.9 | 1.03 | 0.95 | 0.9 | 1.01 | |
Payables turnover | 1.63 | 2.18 | 1.89 | 1.37 | 1.9 | |
Inventory turnover | 1.14 | 1.61 | 1.38 | 1.08 | 1.73 | |
ROE | -0.01 | 0.12 | -0.01 | 0.05 | 0.11 | |
Capex per share | -0.01 | -0.02 | -0.03 | -0.03 | -0.04 |
ARRY Frequently Asked Questions
What is Array Technologies, Inc. stock symbol ?
Array Technologies, Inc. is a US stock , located in Albuquerque of Nm and trading under the symbol ARRY
Is Array Technologies, Inc. buy or a sell ?
7 stock analysts have 7 predictions with a medium analyst target price of $22.29. The lowest prediction is $14 and the highest is $30
What is ARRY stock prediction ?
What is Array Technologies, Inc. stock quote today ?
Array Technologies, Inc. stock price is $15.81 today.
Is Array Technologies, Inc. stock public?
Yes, Array Technologies, Inc. is a publicly traded company.