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NASDAQ: ARRY
Array Technologies Inc Stock

$10.97-0.20 (-1.79%)
Updated Apr 18, 2024
ARRY Price
$10.97
Fair Value Price
$17.55
Market Cap
$1.66B
52 Week Low
$10.82
52 Week High
$26.64
P/E
19.25x
P/B
6.4x
P/S
1.61x
PEG
0.3x
Dividend Yield
N/A
Revenue
$1.58B
Earnings
$137.24M
Gross Margin
26.4%
Operating Margin
14.04%
Profit Margin
5.4%
Debt to Equity
4.23
Operating Cash Flow
$232M
Beta
1.83
Next Earnings
May 7, 2024
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 Score

Industry Average (32)
You've viewed Zen 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 ($10.97) is undervalued by 37.5% relative to our estimate of its Fair Value price of $17.55 based on Discounted Cash Flow (DCF) modelling, but does not have a significant margin of safety
Below Fair Value Valuation
ARRY ($10.97) is significantly undervalued by 37.5% relative to our estimate of its Fair Value price of $17.55 based on Discounted Cash Flow (DCF) modelling, which includes a healthy margin of safety
Significantly Below Fair Value Valuation
ARRY ($10.97) is trading below... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation
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ARRY News

Valuation

ARRY fair value

Fair Value of ARRY stock based on Discounted Cash Flow (DCF)
Price
$10.97
Fair Value
$17.55
Undervalued by
37.50%
ARRY ($10.97) is undervalued by... subscribe to Premium to read more.
Below Fair Value Valuation
ARRY ($10.97) is significantly undervalued... subscribe to Premium to read more.
Significantly Below Fair Value Valuation
ARRY ($10.97) is trading below... 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
19.25x
Industry
25.36x
Market
41.33x
ARRY is good value based... subscribe to Premium to read more.
P/E vs Industry Valuation
ARRY is good value based... subscribe to Premium to read more.
P/E vs Market Valuation

ARRY price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
6.4x
Industry
2.43x
ARRY is poor value based... subscribe to Premium to read more.
P/B vs Industry Valuation

ARRY price to earnings growth (PEG)

For valuing profitable companies with growth potential
ARRY is good value based... subscribe to Premium to read more.
PEG Value Valuation

ARRY's financial health

Profit margin

Revenue
$341.6M
Net Income
$23.1M
Profit Margin
2.9%
ARRY's Earnings (EBIT) of $221.39M... subscribe to Premium to read more.
Interest Coverage Financials
ARRY's profit margin has increased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$1.7B
Liabilities
$1.1B
Debt to equity
4.23
ARRY's short-term assets ($832.28M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
ARRY's short-term assets ($832.28M) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
ARRY's debt has increased relative... subscribe to Premium to read more.
Shrinking Debt Financials
ARRY's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
$94.0M
Investing
-$5.2M
Financing
-$17.3M
ARRY's operating cash flow ($231.96M)... subscribe to Premium to read more.
Debt Coverage Financials

ARRY vs Solar Stocks

TickerMarket Cap1d %P/EP/B
ARRY$1.66B-1.79%19.25x6.40x
SHLS$1.40B-0.85%34.21x2.57x
JKS$1.13B-0.14%2.35x0.41x
RUN$2.22B-6.78%-1.36x0.42x
CSIQ$959.49M-3.90%3.47x0.37x

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 $26.64, and its 52-week low was $10.82. It is currently -58.82% from its 52-week high and 1.39% from its 52-week low.

How much is Array Technologies stock worth today?

(NASDAQ: ARRY) Array Technologies currently has 151,288,159 outstanding shares. With Array Technologies stock trading at $10.97 per share, the total value of Array Technologies stock (market capitalization) is $1.66B.

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 3 years would have been -69.9%, for an annualized return of -32.99% (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 $10.97 today (as of Apr 18, 2024).

What is Array Technologies's Market Cap?

(NASDAQ: ARRY) Array Technologies's market cap is $1.66B, as of Apr 19, 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 $10.97 by ARRY's total outstanding shares of 151,288,159.
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