Array Technologies Inc. (ARRY) Stock Forecast & Analysis

Real-time stock price, financial statements, consensus target price, insider trading, and technical analysis for Array Technologies Inc. (ARRY:NASDAQ), powered by AI.

Current Price
$7.34
P/E Ratio
-4.6
Market Cap
1.1B
Sector
Technology
What is the Array Technologies Inc. stock price forecast?

Array Technologies Inc. is currently trading at $7.34. View real-time AI analysis on Alpha Lenz.

What is Array Technologies Inc. insider trading activity?

View the latest insider trading data for Array Technologies Inc. on Alpha Lenz.

What is Array Technologies Inc.'s P/E ratio?

Array Technologies Inc.'s P/E ratio is -4.6.

Array Technologies Inc.

$7.34
NASDAQARRY
Ask about Array Technologies Inc.'s future dividend policy...
Alpha Chat Insight

Array Technologies Inc. trades at a P/E of -4.6 (undervalued) with modest ROE of -53.5%.

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Company Overview

Array Technologies Inc. is a leading provider of solar tracking solutions, specializing in designing and manufacturing ground-mounted systems to optimize solar energy output. The company is known for its advanced single-axis tracking technology, which enables solar panels to follow the sun’s trajectory throughout the day, thereby enhancing energy capture and efficiency. Array Technologies serves a diverse range of clients, including utility-scale solar project developers and operators, EPCs (engineering, procurement, and construction companies), and commercial entities looking to harness solar power. Their systems are designed to be durable, cost-effective, and adaptable to various climatic conditions. Within the renewable energy sector, Array Technologies plays a crucial role in facilitating the transition to clean energy sources by improving the performance and cost-effectiveness of solar power installations. By driving advancements in solar tracking technology, the company contributes significantly to reducing global CO2 emissions and supporting sustainable development goals.

CEOMr. Kevin G. Hostetler
SectorTechnology
IndustrySolar
Employees1,021

Company Statistics

(FY 2024)

Profile

Market Cap$1.11B
Revenue$915.81M
Shares Out0.00
Employees1,021

Margins

Gross32.50%
EBITDA18.52%
Operating11.03%
Pre-Tax-27.36%
Net-26.25%

Valuation

P/E-4.63
P/B3.86
EV/Sales1.22
EV/EBITDA8.51
P/FCF8.23

Growth (CAGR)

Rev 3Yr2.38%
Rev 5Yr7.17%
Op Inc 3YrN/A
Op Inc 5Yr3.75%
Net Inc 3YrN/A
Net Inc 5YrN/A

Returns

ROA-15.35%
ROE-53.46%
ROIC-13.77%

Financial Health

Cash & Cash Equivalents$362.99M
Net Debt$774.17M
Debt/Equity393.71%
Interest CovN/A
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Array Technologies Inc. (Technology) Stock Forecast & Analysis $7.34 | Alpha Lenz