ARRY

Array Technologies, Inc. [ARRY] Stock Forecast

Buy or Sell ? Support and Resistance

What is MACD and how to read it?

How RSI can help?
RSI : 000

ARRY Stock Summary

Top 10 Correlated Stocks

ARRY


In the News

07:58 10 Dec 2023 ARRY

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.

03:21 10 Dec 2023 ARRY

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.

10:51 10 Dec 2023 ARRY

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.

03:34 10 Dec 2023 ARRY

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.

01:50 10 Dec 2023 ARRY

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.

11:52 10 Dec 2023 ARRY

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.

11:54 10 Dec 2023 ARRY

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.

01:43 10 Dec 2023 ARRY

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.

01:05 10 Dec 2023 ARRY

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.

11:22 10 Dec 2023 ARRY

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

Company Rating
Buy
Market Cap
2.39B
Income
126.51M
Revenue
1.8B
Book val./share
4
Cash/share
1.02
Dividend
-
Dividend %
-
Employees
1.06K
Optionable
No
Shortable
Yes
Earnings
07 Nov 2023
P/E
19.12
Forward P/E
9.52
PEG
-0.98
P/S
1.33
P/B
3.95
P/C
15.5
P/FCF
9.77
Quick Ratio
1.51
Current Ratio
2.09
Debt / Equity
1.21
LT Debt / Equity
1.15
-
-
EPS (TTM)
0.48
EPS next Y
1.66
EPS next Q
0.22
EPS this Y
-43.14%
EPS next Y
245.4%
EPS next 5Y
192.7%
EPS last 5Y
-10.68%
Revenue last 5Y
41.29%
Revenue Q/Q
34.76%
EPS Q/Q
275.28%
-
-
-
-
SMA20
-5.14%
SMA50
-33.85%
SMA100
-21.16%
Inst Own
74.79%
Inst Trans
0.73%
ROA
7%
ROE
27%
ROC
0.13%
Gross Margin
23%
Oper. Margin
10%
Profit Margin
7%
Payout
30%
Shs Outstand
151.22M
Shs Float
146.71M
-
-
-
-
Target Price
21.83
52W Range
13.34-26.64
52W High
-39.19%
52W Low
+21.62%
RSI
46.93
Rel Volume
0.64
Avg Volume
5.33M
Volume
3.43M
Perf Week
6.04%
Perf Month
-11.33%
Perf Quarter
-25.91%
Perf Half Y
-30.17%
-
-
-
-
Beta
1.652
-
-
Volatility
0.24%, 1.19%
Prev Close
-0.44%
Price
15.81
Change
-0.75%

ARRY Financial Performance

Yearly Fundamentals Overview

Last date of statement is 2022-12-31

Metric History 2018-12-312019-12-312020-12-312021-12-31 2022-12-31
2.02K2.02K2.02K2.02K2.02K
Revenue per share
2.445.387.186.5810.93
Net income per share
-0.510.330.49-0.390.03
Operating cash flow per share
-0.13.21-1.01-2.030.94
Free cash flow per share
-0.123.19-1.02-2.060.87
Cash per share
0.342.580.892.840.89
Book value per share
2.222.53-0.671.32.83
Tangible book value per share
-0.450.1-2.87-0.59-2.53
Share holders equity per share
2.222.53-0.671.32.83
Interest debt per share
1.460.973.655.845.29
Market cap
4.34B4.39B5.24B2.03B2.9B
Enterprise value
4.46B4.18B5.56B2.39B3.52B
P/E ratio
-71.47110.4588.71-40.36653.43
Price to sales ratio
14.936.7862.381.77
POCF ratio
-370.3311.37-42.88-7.7320.47
PFCF ratio
-314.711.42-42.42-7.6322.13
P/B Ratio
16.4214.39-64.7712.096.83
PTB ratio
16.4214.39-64.7712.096.83
EV to sales
15.336.456.372.82.15
Enterprise value over EBITDA
-130.9837.7437.87796.9643.36
EV to operating cash flow
-380.0710.82-45.5-9.0724.89
EV to free cash flow
-322.9710.87-45-8.9626.9
Earnings yield
-0.010.010.01-0.020
Free cash flow yield
00.09-0.02-0.130.05
Debt to equity
0.590.32-5.294.291.79
Debt to assets
0.30.110.650.630.44
Net debt to EBITDA
-3.36-1.922.18118.027.7
Current ratio
1.291.051.33.471.79
Interest coverage
-3.214.446.29-0.65-0.59
Income quality
0.199.71-2.075.2231.93
Dividend Yield
00000.01
Payout ratio
000-0.164.21
Sales general and administrative to revenue
0.160.060.060.090.09
Research and developement to revenue
00000
Intangibles to total assets
0.620.320.410.210.47
Capex to operating cash flow
0.1800.010.01-0.08
Capex to revenue
-0.01000-0.01
Capex to depreciation
-0.07-0.06-0.05-0.13-0.11
Stock based compensation to revenue
0.0200.010.020.01
Graham number
5.054.342.73.371.37
ROIC
-0.110.130.21-0.020.01
Return on tangible assets
-0.320.060.15-0.060
Graham Net
-1.09-1.34-3.85-2.47-4.76
Working capital
39.31M29.06M86.07M606.73M365.95M
Tangible asset value
-54.01M11.91M-348.89M-76.22M-378.7M
Net current asset value
-71.51M1.25M-361.75M-122.69M-450.99M
Invested capital
0.590.32-5.294.291.79
Average receivables
46.7M79.5M116.37M190.46M334.89M
Average payables
19.33M82.77M110.25M88.49M131.22M
Average inventory
27.59M101.6M133.24M162.06M219.41M
Days sales outstanding
77.9854.5856.82104.8294.67
Days payables outstanding
39.2599.4946.3143.5944.11
Days of inventory on hand
72.12108.6864.5597.4360.35
Receivables turnover
4.686.696.423.483.86
Payables turnover
9.33.677.888.378.27
Inventory turnover
5.063.365.653.756.05
ROE
-0.230.13-0.73-0.30.01
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 2022-06-302022-09-302022-12-312023-03-31 2023-06-30
2.02K2.02K2.02K2.02K2.02K
Revenue per share
2.833.432.672.483.32
Net income per share
-0.020.27-0.030.170.42
Operating cash flow per share
-0.070.70.60.30.13
Free cash flow per share
-0.080.680.570.280.1
Cash per share
0.340.420.890.971.02
Book value per share
2.42.322.823.434
Tangible book value per share
-2.93-2.62-2.52-1.9-1.34
Share holders equity per share
2.42.322.823.434
Interest debt per share
5.685.25.114.944.9
Market cap
1.65B2.49B2.91B3.32B3.46B
Enterprise value
2.45B3.2B3.53B3.91B4.04B
P/E ratio
-148.8815.26-138.4731.7413.34
Price to sales ratio
3.894.847.238.816.81
POCF ratio
-155.0323.7832.4372.42168.36
PFCF ratio
-135.524.4433.9279.13230.55
P/B Ratio
4.597.136.866.395.65
PTB ratio
4.597.136.866.395.65
EV to sales
5.766.228.7910.387.96
Enterprise value over EBITDA
156.2877.7775.661.5636.67
EV to operating cash flow
-229.4730.5639.4185.35196.79
EV to free cash flow
-200.5531.441.2193.25269.49
Earnings yield
00.0200.010.02
Free cash flow yield
-0.010.040.030.010
Debt to equity
2.352.211.791.431.21
Debt to assets
0.480.460.440.410.4
Net debt to EBITDA
50.6917.2413.379.335.3
Current ratio
1.761.71.791.842.09
Interest coverage
-1.112.121.6759.52
Income quality
3.842.57-17.081.750.32
Dividend Yield
00.010.0100
Payout ratio
00.46-3.5600
Sales general and administrative to revenue
0.070.080.090.10.08
Research and developement to revenue
00000
Intangibles to total assets
0.450.440.470.450.44
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
0.010.010.010.010.01
Graham number
13.771.493.646.18
ROIC
00.01-0.010.030.05
Return on tangible assets
00.04-0.010.030.06
Graham Net
-5.62-5.06-4.74-4.53-3.95
Working capital
392.65M358.68M365.95M396.05M473.29M
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
2.352.211.791.431.21
Average receivables
448.06M486.03M461.33M421.3M460.28M
Average payables
210.11M216.06M185.13M185.51M194.61M
Average inventory
314.48M299.86M251.47M243.89M230.74M
Days sales outstanding
100.4287.0195.0799.8289.1
Days payables outstanding
55.3741.3647.765.547.46
Days of inventory on hand
78.6555.8465.2683.1552.05
Receivables turnover
0.91.030.950.91.01
Payables turnover
1.632.181.891.371.9
Inventory turnover
1.141.611.381.081.73
ROE
-0.010.12-0.010.050.11
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.

Something similar

Top by Market Cap
Same Sector
Top Correlated Stocks
Similar Market Cap