NASDAQ: ARRY
Array Technologies Inc Stock

$5.97-0.22 (-3.55%)
Updated Dec 5, 2024
ARRY Price
$5.97
Fair Value Price
N/A
Market Cap
$907.10M
52 Week Low
$5.56
52 Week High
$20.15
P/E
-6.35x
P/B
14.07x
P/S
1.02x
PEG
N/A
Dividend Yield
N/A
Revenue
$982.19M
Earnings
-$90.41M
Gross Margin
30.9%
Operating Margin
-4.31%
Profit Margin
-14.8%
Debt to Equity
17.15
Operating Cash Flow
$190M
Beta
1.71
Next Earnings
N/A
Ex-Dividend
N/A
Next Dividend
N/A

ARRY Overview

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.

Zen Rating

Our proven quant model uses 115 proprietary factors, including AI, to determine ARRY's potential to beat the market

CHold
  • Stocks with a Zen Rating of Hold (C) had an average return of +7.53% per year. Learn More

Zen Rating Component Grades

B
Value
C
Growth
F
Momentum
C
Sentiment
C
Safety
B
Financials
C
Artificial Intelligence
Zen Rating uses advanced AI algorithms that detect subtle patterns in market data; it anticipates future trends that point to superior stock price results.

Industry: Solar

Industry Rating
F
ARRY
Ranked
#1 of 20

Top Ranked Stocks in Industry

Name / TickerPriceZen Rating
$36.42C
$70.34C
$4.64C
View Top Solar Stocks

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ARRY News

Overview

Due Diligence Score

Industry Average (26)
You've viewed Due Diligence Score for 10/10 free stocks. Upgrade to Premium to see how ARRY scored across 33 valuation, financial, forecast, performance, and dividend due diligence checks.

Due Diligence Checks

ARRY is unprofitable, so we are unable to calculate its intrinsic value according to an updated version of Benjamin Graham's Formula from "The Intelligent Investor"
Below Benjamin Graham Formula Value Valuation
ARRY is poor value based on its book value relative to its share price (14.07x), compared to the US Solar industry average (1.8x)
P/B vs Industry Valuation
ARRY is unprofitable, so we... subscribe to Premium to read more.
PEG Value Valuation
There are 30 more ARRY due diligence checks available for Premium users.

Valuation

ARRY fair value

Fair Value of ARRY stock based on Discounted Cash Flow (DCF)

Price
$5.97
Fair Value
$21.94
Undervalued by
72.79%
ARRY is unprofitable, so we... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation

ARRY price to earnings (PE)

For valuing profitable companies with steady earnings

Company
-6.35x
Industry
40.96x
Market
29.14x

ARRY price to book (PB)

For valuing companies that are loss-making or have lots of physical asset

Company
14.07x
Industry
1.8x
ARRY is poor value based... subscribe to Premium to read more.
P/B vs Industry Valuation

ARRY's financial health

Profit margin

Revenue
$231.4M
Net Income
-$141.4M
Profit Margin
-67.2%
ARRY's Earnings (EBIT) of -$42.36M... subscribe to Premium to read more.
Interest Coverage Financials
ARRY's profit margin has decreased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$1.6B
Liabilities
$1.1B
Debt to equity
17.15
ARRY's short-term assets ($902.28M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
ARRY's short-term assets ($902.28M) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
ARRY's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
$44.9M
Investing
$10.9M
Financing
-$8.1M
ARRY's operating cash flow ($190.38M)... subscribe to Premium to read more.
Debt Coverage Financials

ARRY vs Solar Stocks

TickerZen RatingMarket Cap1d %P/EP/B
ARRYC$907.10M-3.55%-6.35x14.07x
SHLSC$773.48M-5.11%23.20x1.42x
CSIQD$767.05M-5.05%-95.50x0.27x
SEDGF$729.59M-10.46%-0.43x0.76x
NOVAF$554.79M-5.73%-1.31x0.31x

Array Technologies Stock FAQ

What is Array Technologies's quote symbol?

(NASDAQ: ARRY) Array Technologies trades on the NASDAQ under the ticker symbol ARRY. Array Technologies stock quotes can also be displayed as NASDAQ: ARRY.

If you're new to stock investing, here's how to buy Array Technologies stock.

What is the 52 week high and low for Array Technologies (NASDAQ: ARRY)?

(NASDAQ: ARRY) Array Technologies's 52-week high was $20.15, and its 52-week low was $5.56. It is currently -70.37% from its 52-week high and 7.37% from its 52-week low.

How much is Array Technologies stock worth today?

(NASDAQ: ARRY) Array Technologies currently has 151,942,981 outstanding shares. With Array Technologies stock trading at $5.97 per share, the total value of Array Technologies stock (market capitalization) is $907.10M.

Array Technologies stock was originally listed at a price of $36.45 in Oct 15, 2020. If you had invested in Array Technologies stock at $36.45, your return over the last 4 years would have been -83.62%, for an annualized return of -36.38% (not including any dividends or dividend reinvestments).

How much is Array Technologies's stock price per share?

(NASDAQ: ARRY) Array Technologies stock price per share is $5.97 today (as of Dec 5, 2024).

What is Array Technologies's Market Cap?

(NASDAQ: ARRY) Array Technologies's market cap is $907.10M, as of Dec 6, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Array Technologies's market cap is calculated by multiplying ARRY's current stock price of $5.97 by ARRY's total outstanding shares of 151,942,981.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.