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Array Technologies (ARRY) Competitors

Array Technologies logo
$6.53
+0.31 (+4.98%)
(As of 10/31/2024 ET)

ARRY vs. ROCK, ALE, OTTR, MGEE, HE, UTL, NEE, SO, DUK, and ETR

Should you be buying Array Technologies stock or one of its competitors? The main competitors of Array Technologies include Gibraltar Industries (ROCK), ALLETE (ALE), Otter Tail (OTTR), MGE Energy (MGEE), Hawaiian Electric Industries (HE), Unitil (UTL), NextEra Energy (NEE), Southern (SO), Duke Energy (DUK), and Entergy (ETR).

Array Technologies vs.

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

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Array Technologies$1.10B0.91$137.24M$0.3817.37
Gibraltar Industries$1.37B1.52$110.53M$3.7718.09

In the previous week, Gibraltar Industries had 13 more articles in the media than Array Technologies. MarketBeat recorded 14 mentions for Gibraltar Industries and 1 mentions for Array Technologies. Gibraltar Industries' average media sentiment score of 0.65 beat Array Technologies' score of 0.32 indicating that Gibraltar Industries is being referred to more favorably in the news media.

Company Overall Sentiment
Array Technologies Neutral
Gibraltar Industries Positive

Array Technologies received 309 more outperform votes than Gibraltar Industries when rated by MarketBeat users. Likewise, 66.67% of users gave Array Technologies an outperform vote while only 64.58% of users gave Gibraltar Industries an outperform vote.

CompanyUnderperformOutperform
Array TechnologiesOutperform Votes
588
66.67%
Underperform Votes
294
33.33%
Gibraltar IndustriesOutperform Votes
279
64.58%
Underperform Votes
153
35.42%

Array Technologies presently has a consensus price target of $12.73, indicating a potential upside of 91.07%. Given Array Technologies' higher possible upside, analysts plainly believe Array Technologies is more favorable than Gibraltar Industries.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Array Technologies
1 Sell rating(s)
10 Hold rating(s)
12 Buy rating(s)
0 Strong Buy rating(s)
2.48
Gibraltar Industries
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
N/A

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

Gibraltar Industries has a net margin of 8.49% compared to Array Technologies' net margin of 6.39%. Array Technologies' return on equity of 54.84% beat Gibraltar Industries' return on equity.

Company Net Margins Return on Equity Return on Assets
Array Technologies6.39% 54.84% 7.85%
Gibraltar Industries 8.49%13.91%9.88%

Array Technologies has a beta of 1.63, indicating that its share price is 63% more volatile than the S&P 500. Comparatively, Gibraltar Industries has a beta of 1.14, indicating that its share price is 14% more volatile than the S&P 500.

Summary

Gibraltar Industries beats Array Technologies on 9 of the 17 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} 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$1.00B$2.49B$8.08B$8.41B
Dividend YieldN/A2.90%11.94%4.20%
P/E Ratio55.0024.5117.6917.72
Price / Sales0.914.55112.8878.04
Price / Cash3.787.9010.9633.56
Price / Book3.862.433.744.59
Net Income$137.24M$158.31M$968.26M$225.45M
7 Day Performance6.97%-2.85%0.13%-0.23%
1 Month PerformanceN/A-2.10%0.78%1.90%
1 Year Performance-61.92%1,273.10%401.26%33.46%

Array Technologies Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ARRY
Array Technologies
3.5131 of 5 stars
$6.53
+5.0%
$12.73
+94.9%
-63.8%$992.08M$1.10B54.421,028Upcoming Earnings
Gap Up
ROCK
Gibraltar Industries
2.9178 of 5 stars
$68.21
+0.3%
N/A+12.6%$2.08B$1.37B18.092,110Earnings Report
News Coverage
ALE
ALLETE
4.2339 of 5 stars
$64.03
+0.0%
$62.00
-3.2%
+20.6%$3.70B$1.54B16.721,560Dividend Increase
Analyst Forecast
Short Interest ↓
News Coverage
OTTR
Otter Tail
1.916 of 5 stars
$79.79
+0.9%
N/A+13.3%$3.34B$1.36B10.782,655Upcoming Earnings
MGEE
MGE Energy
3.1126 of 5 stars
$91.59
+1.7%
$74.00
-19.2%
+26.3%$3.31B$662.23M28.71700Upcoming Earnings
Positive News
HE
Hawaiian Electric Industries
1.9852 of 5 stars
$10.09
+0.9%
$10.25
+1.6%
-21.8%$1.11B$3.65B-0.963,706Options Volume
UTL
Unitil
2.8962 of 5 stars
$58.23
+0.4%
N/A+26.4%$941.81M$507.90M19.28536Upcoming Earnings
News Coverage
NEE
NextEra Energy
4.832 of 5 stars
$79.60
+0.6%
$86.54
+8.7%
+38.3%$163.54B$26.25B25.8416,800Short Interest ↓
SO
Southern
4.6546 of 5 stars
$91.64
+2.6%
$89.07
-2.8%
+33.8%$100.20B$25.25B21.8228,100
DUK
Duke Energy
4.6012 of 5 stars
$115.30
+1.1%
$121.85
+5.7%
+29.7%$89.03B$30.05B21.2327,037Upcoming Earnings
ETR
Entergy
4.7067 of 5 stars
$154.17
+14.7%
$131.19
-14.9%
+41.8%$32.97B$12.15B18.4412,177Dividend Increase
Gap Up
High Trading Volume

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This page (NASDAQ:ARRY) was last updated on 10/31/2024 by MarketBeat.com Staff
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