NASDAQ:ARRY Array Technologies (ARRY) Stock Price, News & Analysis → Incredible Opportunity to Retire FAST! (From Crypto 101 Media) (Ad) Free ARRY Stock Alerts $11.69 +0.42 (+3.73%) (As of 04/22/2024 ET) Add Compare Share Share Today's Range$11.08▼$11.8350-Day Range$10.97▼$15.2052-Week Range$10.82▼$26.64Volume5.81 million shsAverage Volume5.81 million shsMarket Capitalization$1.77 billionP/E Ratio21.65Dividend YieldN/APrice Target$20.23 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Array Technologies alerts: Email Address Array Technologies MarketRank™ Stock AnalysisAnalyst RatingHold2.41 Rating ScoreUpside/Downside73.1% Upside$20.23 Price TargetShort InterestBearish17.02% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.00Based on 2 Articles This WeekInsider TradingSelling Shares$100,565 Sold Last QuarterProj. Earnings Growth29.00%From $1.00 to $1.29 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.40 out of 5 starsOils/Energy Sector93rd out of 235 stocksMiscellaneous Manufacturing Industries Industry4th out of 9 stocks 4.2 Analyst's Opinion Consensus RatingArray Technologies has received a consensus rating of Hold. The company's average rating score is 2.41, and is based on 8 buy ratings, 8 hold ratings, and 1 sell rating.Amount of Analyst CoverageArray Technologies has been the subject of 12 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 1.0 Short Interest Percentage of Shares Shorted17.02% of the outstanding shares of Array Technologies have been sold short.Short Interest Ratio / Days to CoverArray Technologies has a short interest ratio ("days to cover") of 4.5.Change versus previous monthShort interest in Array Technologies has recently increased by 4.11%, indicating that investor sentiment is decreasing. Previous Next 0.0 Dividend Strength Dividend YieldArray Technologies does not currently pay a dividend.Dividend GrowthArray Technologies does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for ARRY. Previous Next 0.6 News and Social Media Coverage News Coverage This WeekMarketBeat has tracked 2 news articles for Array Technologies this week, compared to 3 articles on an average week.Search InterestOnly 11 people have searched for ARRY on MarketBeat in the last 30 days. This is a decrease of -35% compared to the previous 30 days.MarketBeat Follows5 people have added Array Technologies to their MarketBeat watchlist in the last 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Array Technologies insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $100,565.00 in company stock.Percentage Held by InsidersOnly 0.63% of the stock of Array Technologies is held by insiders. Previous Next 3.8 Earnings and Valuation Earnings GrowthEarnings for Array Technologies are expected to grow by 29.00% in the coming year, from $1.00 to $1.29 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Array Technologies is 21.65, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 143.34.Price to Earnings Ratio vs. SectorThe P/E ratio of Array Technologies is 21.65, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 16.71.Price to Earnings Growth RatioArray Technologies has a PEG Ratio of 0.76. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioArray Technologies has a P/B Ratio of 6.84. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Crypto 101 MediaIncredible Opportunity to Retire FAST!A brand-new guide from the host of one of the world's largest cryptocurrency podcasts lays out an action plan that could help you retire quickly and comfortably in today's crypto market.Click here to get instant access to the guide About Array Technologies Stock (NASDAQ:ARRY)Array Technologies, Inc. manufactures and sells ground-mounting tracking systems used in solar energy projects in the United States, Spain, Brazil, Australia, and internationally. The company operates in two segments, Array Legacy Operations and STI Operations. Its products portfolio includes DuraTrack HZ v3, a single axis tracker; Array STI H250 that delivers a lower levelized cost of energy with tracker system; Array OmniTrack; and SmarTrack, a software product that uses site-specific historical weather and energy production data in combination with machine learning algorithms to identify the optimal position for a solar array in real time to enhance energy production. Array Technologies, Inc. was incorporated in 1987 and is headquartered in Albuquerque, New Mexico.Read More ARRY Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ARRY Stock News HeadlinesApril 19, 2024 | fool.comWhy EV and Renewable Energy Stocks Collapsed This WeekApril 18, 2024 | globenewswire.comArray Technologies, Inc. Announces First Quarter 2024 Earnings Release Date and Conference CallApril 23, 2024 | Crypto 101 Media (Ad)Incredible Opportunity to Retire FAST!A brand-new guide from the host of one of the world's largest cryptocurrency podcasts lays out an action plan that could help you retire quickly and comfortably in today's crypto market.April 10, 2024 | nasdaq.comPeter Lynch Detailed Fundamental Analysis - ARRYApril 4, 2024 | investorplace.comThe 3 Most Undervalued Renewable Energy Stocks to Buy in April 2024March 29, 2024 | investorplace.comThe 3 Best Solar Stocks to Buy in Q2 2024March 28, 2024 | investing.comArray Technologies unveils hail protection for solar trackersMarch 28, 2024 | finance.yahoo.com12 Best Stocks to Buy in Falling Markets According to AnalystsApril 23, 2024 | Crypto 101 Media (Ad)Incredible Opportunity to Retire FAST!A brand-new guide from the host of one of the world's largest cryptocurrency podcasts lays out an action plan that could help you retire quickly and comfortably in today's crypto market.March 26, 2024 | investorplace.comRenewable Energy Bargains: 3 Stocks to Snatch Up by AprilMarch 26, 2024 | finance.yahoo.comArray Technologies Launches Hail Alert ResponseMarch 26, 2024 | finance.yahoo.comWhy Array Technologies, Inc. (NASDAQ:ARRY) Looks Like A Quality CompanyMarch 24, 2024 | investing.comArray Technologies CEO sells shares worth over $100,000March 23, 2024 | markets.businessinsider.comMaintaining Hold on Array Technologies: A Balancing Act Between Market Position Challenges and Growth PotentialMarch 23, 2024 | finance.yahoo.comArray Technologies Inc CEO Kevin Hostetler Sells 8,176 SharesMarch 20, 2024 | investorplace.comWall Street's Favorite Renewable Energy Stocks? 3 Names That Could Make You Filthy RichMarch 19, 2024 | ca.finance.yahoo.comARRY Oct 2024 30.000 callMarch 17, 2024 | investorplace.com3 Stocks to Watch as the Green Revolution Takes Hold: ARRY, AMSC, ENPHMarch 7, 2024 | seekingalpha.comArray Technologies: Short-Term Downside, But High Long-Term GrowthMarch 7, 2024 | investorplace.com3 Undervalued Clean Energy Stocks for Long-Term GainsMarch 4, 2024 | finance.yahoo.comThe Consensus EPS Estimates For Array Technologies, Inc. (NASDAQ:ARRY) Just Fell DramaticallyMarch 2, 2024 | finance.yahoo.comArray Technologies, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their PredictionsFebruary 29, 2024 | finance.yahoo.comArray Technologies Full Year 2023 Earnings: Beats ExpectationsFebruary 29, 2024 | msn.comExane BNP Paribas Downgrades Array Technologies (ARRY)February 28, 2024 | markets.businessinsider.comMaintaining Hold on Array Technologies Amid Competitive Pressures and Guidance ConcernsFebruary 28, 2024 | markets.businessinsider.comBuy Rating Justified for Array Technologies Inc. Amidst Strong Q4 Results and Promising OutlookFebruary 28, 2024 | markets.businessinsider.comDeep Dive Into Array Technologies Stock: Analyst Perspectives (7 Ratings)See More Headlines Receive ARRY Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Array Technologies and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings2/27/2024Today4/22/2024Next Earnings (Confirmed)5/09/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorOils/Energy Industry Miscellaneous manufacturing industries Sub-IndustryElectric Utilities Current SymbolNASDAQ:ARRY CUSIP04269X10 CIK1100412 Webarraytechinc.com Phone505-881-7567FaxN/AEmployees1,028Year FoundedN/APrice Target and Rating Average Stock Price Target$20.23 High Stock Price Target$37.00 Low Stock Price Target$12.00 Potential Upside/Downside+73.1%Consensus RatingHold Rating Score (0-4)2.41 Research Coverage17 Analysts Profitability EPS (Most Recent Fiscal Year)$0.54 Trailing P/E Ratio21.65 Forward P/E Ratio11.69 P/E Growth0.76Net Income$137.24 million Net Margins8.47% Pretax Margin11.24% Return on Equity71.66% Return on Assets10.37% Debt Debt-to-Equity Ratio2.55 Current Ratio2.48 Quick Ratio2.00 Sales & Book Value Annual Sales$1.58 billion Price / Sales1.13 Cash Flow$1.90 per share Price / Cash Flow6.16 Book Value$1.71 per share Price / Book6.84Miscellaneous Outstanding Shares151,730,000Free Float150,770,000Market Cap$1.77 billion OptionableOptionable Beta1.65 Social Links 7 AI Stocks to Invest In: An Introduction to AI Investing For Self-Directed InvestorsAs the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.Get This Free Report Key ExecutivesMr. Kevin G. Hostetler (Age 56)CEO & Director Comp: $2.57MMr. Tyson K. Hottinger (Age 43)Chief Legal Officer & General Counsel Comp: $571.48kMr. Terrance L. Collins (Age 59)Chief Human Resources Officer Comp: $717.14kMr. Travis Rose (Age 50)Chief Revenue Officer Comp: $497.55kMr. Kurt R. Wood (Age 49)Chief Financial Officer Mr. Neil Manning (Age 53)Chief Operating Officer Mr. Aaron GabelnickChief Strategy & Technology OfficerCody MuellerVice President of Finance & Investor RelationsMs. Erica Brinker (Age 46)Chief Commercial Officer and Head of Environmental, Social & Governance Ms. Jessica Lawrence-VacaSenior Vice President, policy & external affairsMore ExecutivesKey CompetitorsHelix Energy Solutions GroupNYSE:HLXRPCNYSE:RESExcelerate EnergyNYSE:EEDelek Logistics PartnersNYSE:DKLNextDecadeNASDAQ:NEXTView All CompetitorsInsiders & InstitutionsPFG Investments LLCBought 14,361 shares on 4/22/2024Ownership: 0.009%Insight Folios IncBought 10,561 shares on 4/19/2024Ownership: 0.007%Allspring Global Investments Holdings LLCSold 529,462 shares on 4/18/2024Ownership: 0.015%Wealth Enhancement Advisory Services LLCBought 4,252 shares on 4/16/2024Ownership: 0.037%IMC Chicago LLCBought 85,400 shares on 4/13/2024Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions ARRY Stock Analysis - Frequently Asked Questions Should I buy or sell Array Technologies stock right now? 17 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Array Technologies in the last twelve months. There are currently 1 sell rating, 8 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" ARRY shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ARRY, but not buy additional shares or sell existing shares. View ARRY analyst ratings or view top-rated stocks. What is Array Technologies' stock price target for 2024? 17 equities research analysts have issued 12 month target prices for Array Technologies' shares. Their ARRY share price targets range from $12.00 to $37.00. On average, they anticipate the company's stock price to reach $20.23 in the next twelve months. This suggests a possible upside of 73.1% from the stock's current price. View analysts price targets for ARRY or view top-rated stocks among Wall Street analysts. How have ARRY shares performed in 2024? Array Technologies' stock was trading at $16.80 at the beginning of 2024. Since then, ARRY shares have decreased by 30.4% and is now trading at $11.69. View the best growth stocks for 2024 here. When is Array Technologies' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024. View our ARRY earnings forecast. How can I listen to Array Technologies' earnings call? Array Technologies will be holding an earnings conference call on Thursday, May 9th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 201-612-7415 with passcode "13745730". How were Array Technologies' earnings last quarter? Array Technologies, Inc. (NASDAQ:ARRY) issued its earnings results on Tuesday, February, 27th. The solar tracking solution reported $0.19 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.09 by $0.10. The solar tracking solution had revenue of $341.62 million for the quarter, compared to analysts' expectations of $319.30 million. Array Technologies had a trailing twelve-month return on equity of 71.66% and a net margin of 8.47%. What ETFs hold Array Technologies' stock? ETFs with the largest weight of Array Technologies (NASDAQ:ARRY) stock in their portfolio include Invesco Solar ETF (TAN), Global X Solar ETF (RAYS), ProShares S&P Kensho Cleantech ETF (CTEX), First Trust RBA American Industrial Renaissance ETF (AIRR), Global X Clean Tech ETF (CTEC), SPDR S&P Kensho Clean Power ETF (CNRG), ALPS Clean Energy ETF (ACES) and Invesco WilderHill Clean Energy ETF (PBW). What guidance has Array Technologies issued on next quarter's earnings? Array Technologies issued an update on its FY 2024 earnings guidance on Tuesday, February, 27th. The company provided EPS guidance of 1.000-1.150 for the period, compared to the consensus EPS estimate of 1.270. The company issued revenue guidance of $1.3 billion-$1.4 billion, compared to the consensus revenue estimate of $1.9 billion. What other stocks do shareholders of Array Technologies own? Based on aggregate information from My MarketBeat watchlists, some companies that other Array Technologies investors own include Puma Biotechnology (PBYI), BioMarin Pharmaceutical (BMRN), (MDVN) (MDVN), Incyte (INCY), First Solar (FSLR), Dynavax Technologies (DVAX), United Airlines (UAL), Exelixis (EXEL), (KITE) (KITE) and Omeros (OMER). When did Array Technologies IPO? Array Technologies (ARRY) raised $676 million in an initial public offering (IPO) on Thursday, October 15th 2020. The company issued 33,800,000 shares at $19.00-$21.00 per share. Goldman Sachs, JPMorgan Securities, Guggenheim Securities and Morgan Stanley served as the underwriters for the IPO and Credit Suisse, Barclays and UBS Investment Bank were co-managers. Who are Array Technologies' major shareholders? Array Technologies' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include IMC Chicago LLC (0.00%), Wealth Enhancement Advisory Services LLC (0.04%), Los Angeles Capital Management LLC (0.02%), Allspring Global Investments Holdings LLC (0.02%), Banque Cantonale Vaudoise (0.01%) and PFG Investments LLC (0.01%). Insiders that own company stock include Erica Brinker, Gerrard Schmid, Kenneth R Stacherski, Kevin G Hostetler, Nipul M Patel and Tyson Hottinger. View institutional ownership trends. How do I buy shares of Array Technologies? Shares of ARRY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:ARRY) was last updated on 4/23/2024 by MarketBeat.com Staff From Our PartnersThe Best AI Stock to Own in the World Today is Trading for Just $25Banyan Hill PublishingHealthcare Takes A Big Step Forward With The Help Of AIThe Bull Reporttop AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)Traders AgencyDid You Get Your Free Bitcoin Yet?Crypto Swap Profits[Shocking] Elon Musk’s Plan To End BanksCrypto 101 MediaForget Bitcoin. Crypto Millionaire Predicts 8,788% Gains For THISParadigm PressMan Who Predicted 2008: “This Will be Worse.”AltimetryThe #1 Crypto for 2024InvestorPlace Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Array Technologies, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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