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Array Technologies (ARRY) Competitors

$13.49
-0.10 (-0.74%)
(As of 05/28/2024 ET)

ARRY vs. ROCK, OGE, IDA, POR, OTTR, ALE, PNM, MGEE, HE, and UTL

Should you be buying Array Technologies stock or one of its competitors? The main competitors of Array Technologies include Gibraltar Industries (ROCK), OGE Energy (OGE), IDACORP (IDA), Portland General Electric (POR), Otter Tail (OTTR), ALLETE (ALE), PNM Resources (PNM), MGE Energy (MGEE), Hawaiian Electric Industries (HE), and Unitil (UTL).

Array Technologies vs.

Gibraltar Industries (NASDAQ:ROCK) and Array Technologies (NASDAQ:ARRY) are both mid-cap construction companies, but which is the superior business? We will contrast the two companies based on the strength of their risk, community ranking, dividends, profitability, media sentiment, valuation, institutional ownership, earnings and analyst recommendations.

Gibraltar Industries has a beta of 1.2, indicating that its stock price is 20% more volatile than the S&P 500. Comparatively, Array Technologies has a beta of 1.7, indicating that its stock price is 70% more volatile than the S&P 500.

In the previous week, Gibraltar Industries and Gibraltar Industries both had 4 articles in the media. Gibraltar Industries' average media sentiment score of 1.65 beat Array Technologies' score of 1.25 indicating that Array Technologies is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Gibraltar Industries
1 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Array Technologies
1 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive

Array Technologies received 294 more outperform votes than Gibraltar Industries when rated by MarketBeat users. Likewise, 66.90% of users gave Array Technologies an outperform vote while only 64.34% of users gave Gibraltar Industries an outperform vote.

CompanyUnderperformOutperform
Gibraltar IndustriesOutperform Votes
276
64.34%
Underperform Votes
153
35.66%
Array TechnologiesOutperform Votes
570
66.90%
Underperform Votes
282
33.10%

Array Technologies has a consensus price target of $19.75, suggesting a potential upside of 46.40%. Given Gibraltar Industries' higher possible upside, analysts clearly believe Array Technologies is more favorable than Gibraltar Industries.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Gibraltar Industries
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
N/A
Array Technologies
1 Sell rating(s)
8 Hold rating(s)
10 Buy rating(s)
0 Strong Buy rating(s)
2.47

Array Technologies has higher revenue and earnings than Gibraltar Industries. Gibraltar Industries is trading at a lower price-to-earnings ratio than Array Technologies, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Gibraltar Industries$1.38B1.61$110.53M$3.7219.59
Array Technologies$1.58B1.30$137.24M$0.3835.50

Gibraltar Industries has a net margin of 8.31% compared to Gibraltar Industries' net margin of 8.09%. Gibraltar Industries' return on equity of 59.49% beat Array Technologies' return on equity.

Company Net Margins Return on Equity Return on Assets
Gibraltar Industries8.31% 14.39% 10.14%
Array Technologies 8.09%59.49%9.02%

98.4% of Gibraltar Industries shares are owned by institutional investors. 0.6% of Gibraltar Industries shares are owned by company insiders. Comparatively, 0.3% of Array Technologies shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

Summary

Array Technologies beats Gibraltar Industries on 10 of the 16 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding ARRY and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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ARRY vs. The Competition

MetricArray Technologiesmanufacturing industries IndustryEnergy SectorNASDAQ Exchange
Market Cap$2.05B$2.13B$7.94B$8.09B
Dividend YieldN/A2.25%11.77%3.96%
P/E Ratio35.5081.3712.2618.43
Price / Sales1.301.1990.2572.31
Price / Cash7.439.8111.4428.77
Price / Book7.892.733.414.39
Net Income$137.24M$152.51M$962.34M$213.55M
7 Day Performance21.42%2.77%0.73%-0.81%
1 Month Performance8.79%8.26%3.53%3.42%
1 Year Performance-41.42%91.18%8.77%7.52%

Array Technologies Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ROCK
Gibraltar Industries
2.8873 of 5 stars
$72.89
-0.8%
N/A+32.7%$2.22B$1.38B19.592,110Positive News
OGE
OGE Energy
3.5784 of 5 stars
$35.45
-0.6%
$33.40
-5.8%
+1.4%$7.11B$2.67B17.992,329
IDA
IDACORP
3.9481 of 5 stars
$93.64
-2.1%
$96.80
+3.4%
-9.4%$4.99B$1.77B18.802,112Analyst Forecast
Analyst Revision
POR
Portland General Electric
2.3911 of 5 stars
$43.40
-0.7%
$44.00
+1.4%
-10.1%$4.47B$2.92B16.632,842Short Interest ↓
OTTR
Otter Tail
1.5904 of 5 stars
$89.29
-1.8%
N/A+19.4%$3.73B$1.35B12.272,655Insider Selling
ALE
ALLETE
4.4556 of 5 stars
$62.42
-0.8%
$60.40
-3.2%
+3.6%$3.59B$1.88B15.001,560Positive News
PNM
PNM Resources
4.2139 of 5 stars
$37.12
-0.3%
$44.75
+20.6%
-17.8%$3.35B$1.94B40.791,635
MGEE
MGE Energy
3.6468 of 5 stars
$78.13
-0.1%
$68.00
-13.0%
+7.6%$2.83B$690.43M23.53723Analyst Forecast
HE
Hawaiian Electric Industries
1.4465 of 5 stars
$10.41
-2.2%
$11.63
+11.7%
-71.1%$1.15B$3.68B6.163,706Analyst Downgrade
UTL
Unitil
2.2002 of 5 stars
$50.79
-1.4%
$51.00
+0.4%
-4.5%$821.27M$557.10M16.93531Positive News

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This page (NASDAQ:ARRY) was last updated on 5/29/2024 by MarketBeat.com Staff

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