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Array Technologies Inc logo

ARRY - Array Technologies Inc Share Price

$29.82 -0.4  -1.3%

Last Trade - 09/04/21

Sector
Energy
Size
Large Cap
Market Cap £2.76bn
Enterprise Value £3.00bn
Revenue £636.6m
Position in Universe 1649th / 6827
Bullish
Bearish
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Momentum
Relative Strength (%)
1m -14.5%
3m
6m
1yr
Volume Change (%)
10d / 3m
Price vs... (%)
52w High -45.6%
50d MA
200d MA
Growth & Value
12m Forecast Rolling Industry Market
Valuation (ttm) Industry Market
Margin of Safety
Qualifying GuruScreens
Financial Summary
Year End 31st Dec 2015 2016 2017 2018 2019 2020 2021E 2022E CAGR / Avg
0.000 0.000 0.000 290.8 647.9 872.7 1,074 1,231 +73.2%
+84.9 +49.7 +20.6
PEG
Profitability
ROA
%
%
Cashflow
Dividends
Balance Sheet
NFA
m
FINANCIAL BRIEF: : For the fiscal year ended 31 December 2020, ArrayTechnologies Inc revenues increased 35% to $872.7M. Netincome before extraordinary items increased 32% to $52.5M.Revenues reflect United States segment increase of 43% to$805.1M. Net income was partially offset by General andadministrative - Bal increase of 33% to $55.2M (expense),Other expense, net increase from $33K to $2.3M (expense).
Health Trend(F-Score)
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Bankruptcy Score(Z-Score)
Distress
Cautious
Safe
Earnings Manipulation Risk(M-Score)
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Recent History
Latest interim period vs. prior period Industry Market
3yr Compound Annual Growth Rate Industry Market
Graphical History

Revenue

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Net Income

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Normalised EPS

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PE Ratio Range

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Dividend Yield Range

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Analyst Forecasts
Price Target:
( below Price)
31st Dec 2021
31st Dec 2022
Est. Long Term Growth Rate: Net Profit
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Consensus Estimate
1m Change
3m Change
Analyst Consensus
Strong Sell Sell Hold Buy Strong Buy
EPS 2020 /  2021
ARRY EPS Forecasts Unlock ARRY Revenue
Profile Summary

Array Technologies, Inc. is a manufacturer of ground-mounting systems used in solar energy projects. The Company’s principal product is an integrated system of steel supports, electric motors, gearboxes and electronic controllers. It sells its products to engineering, procurement and construction firms (EPCs) that build solar energy projects and to solar developers, independent power producers and utilities, often under master supply agreements or multi-year procurement contracts. The Company’s DuraTrack HZ v3 is single axis tracker and incorporates features, such as a single bolt per module mounting system. SmarTrack uses site-specific historical weather and energy production data, in combination with machine learning algorithms, to identify the position for a solar array in real time.

Directors
Last Annual December 31st, 2020
Last Interim December 31st, 2020
No. of Shareholders: 2
No. of Employees: 389
Sector Energy
Industry Renewable Energy
Index Nasdaq Composite ,
Exchange NASDAQ Global Market
Shares in Issue 126,994,467
Free Float (0.0%)
Eligible for
ISAs
SIPPs
ARRY Share Price Performance
Share Price
Bid - Ask
Low - High
Spread
Day's Change
Avg Volume
Open - Close
Range (12m)
Beta
Latest News for ARRY
Upcoming Events for ARRY
Monday 17th May, 2021
Array Technologies Inc Secondary Public Offering Lockup Expiration
Frequently Asked Questions for Array Technologies Inc
What is the Array Technologies Inc share price?

As of 09/04/21, shares in Array Technologies Inc are trading at $29.82, giving the company a market capitalisation of £2.76bn. This share price information is delayed by 15 minutes.

How has the Array Technologies Inc share price performed this year?

Shares in Array Technologies Inc are currently trading at $29.82 and the price has moved by % over the past 365 days. In terms of relative price strength - which takes into account the overall market trend - the Array Technologies Inc price has moved by % over the past year.

What are the analyst and broker recommendations for Array Technologies Inc?

Of the analysts with advisory recommendations for Array Technologies Inc, there are there are currently 1 "buy" , 6 "hold" and 0 "sell" recommendations. The overall consensus recommendation for Array Technologies Inc is Hold. You can view the full broker recommendation list by unlocking its StockReport.

When will Array Technologies Inc next release its financial results?

Array Technologies Inc is scheduled to issue upcoming financial results on the following dates:

Interim results are scheduled for: 2021-12-31
What is the Array Technologies Inc dividend yield?

Array Technologies Inc does not currently pay a dividend.

Does Array Technologies Inc pay a dividend?

Array Technologies Inc does not currently pay a dividend.

When does Array Technologies Inc next pay dividends?

Array Technologies Inc does not currently pay a dividend.

How do I buy Array Technologies Inc shares?

To buy shares in Array Technologies Inc you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.

What is the market cap of Array Technologies Inc?

Shares in Array Technologies Inc are currently trading at $29.82, giving the company a market capitalisation of £2.76bn.

Where are Array Technologies Inc shares listed? Where are Array Technologies Inc shares listed?

Here are the trading details for Array Technologies Inc:

Country of listing: United States
Exchange: NMQ
Ticker Symbol: ARRY
What kind of share is Array Technologies Inc?

Based on an overall assessment of its quality, value and momentum, Array Technologies Inc is currently classified as a Style Neutral. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.

Is there a Array Technologies Inc share price forecast 2021?

Shares in Array Technologies Inc are currently priced at $29.82. At that level they are trading at 52.41% discount to the analyst consensus target price of 0.00.

Analysts covering Array Technologies Inc currently have a consensus Earnings Per Share (EPS) forecast of 0.866 for the next financial year.

How can I tell whether the Array Technologies Inc share price will go up?

An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like Array Technologies Inc. Over the past six months, the relative strength of its shares against the market has been %. At the current price of $29.82, shares in Array Technologies Inc are trading at -24.67% against their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.

What is the Array Technologies Inc PE Ratio?

The Array Technologies Inc PE ratio based on its reported earnings over the past 12 months is 51.54. The shares are currently trading at $29.82.

The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. It is calculated by dividing a company's price per share by its earnings per share.

The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation. So in general terms, the higher the PE, the more expensive the stock is.

Who are the key directors of Array Technologies Inc?

Array Technologies Inc's management team is headed by:

John Wattsun - PRE
Who are the major shareholders of Array Technologies Inc?

Here are the top five shareholders of Array Technologies Inc based on the size of their shareholding:

Oaktree Capital Management, L.P. Investment Advisor/Hedge Fund
Percentage owned: 28.12% (35.7m shares)
Fidelity Management & Research Company LLC Investment Advisor
Percentage owned: 13.82% (17.6m shares)
T. Rowe Price Associates, Inc. Investment Advisor
Percentage owned: 13.77% (17.5m shares)
Corio (Ron P) Individual Investor
Percentage owned: 8.81% (11.2m shares)
The Vanguard Group, Inc. Investment Advisor/Hedge Fund
Percentage owned: 5.07% (6.44m shares)
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