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Array Technologies (ARRY) Competitors

Array Technologies logo
$7.67 +0.41 (+5.65%)
As of 05/20/2025 04:00 PM Eastern

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

Should you be buying Array Technologies stock or one of its competitors? The main competitors of Array Technologies include ALLETE (ALE), MGE Energy (MGEE), Otter Tail (OTTR), Hawaiian Electric Industries (HE), Unitil (UTL), NextEra Energy (NEE), Southern (SO), Duke Energy (DUK), Entergy (ETR), and PPL (PPL). These companies are all part of the "electric utilities" industry.

Array Technologies vs.

ALLETE (NYSE:ALE) and Array Technologies (NASDAQ:ARRY) are both utilities companies, but which is the better stock? We will contrast the two businesses based on the strength of their profitability, dividends, earnings, community ranking, media sentiment, valuation, risk, analyst recommendations and institutional ownership.

ALLETE has a beta of 0.82, suggesting that its stock price is 18% less volatile than the S&P 500. Comparatively, Array Technologies has a beta of 1.66, suggesting that its stock price is 66% more volatile than the S&P 500.

Array Technologies received 317 more outperform votes than ALLETE when rated by MarketBeat users. Likewise, 66.08% of users gave Array Technologies an outperform vote while only 49.57% of users gave ALLETE an outperform vote.

CompanyUnderperformOutperform
ALLETEOutperform Votes
287
49.57%
Underperform Votes
292
50.43%
Array TechnologiesOutperform Votes
604
66.08%
Underperform Votes
310
33.92%

Array Technologies has a consensus price target of $9.55, indicating a potential upside of 24.48%. Given Array Technologies' higher probable upside, analysts clearly believe Array Technologies is more favorable than ALLETE.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
ALLETE
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
1 Strong Buy rating(s)
4.00
Array Technologies
0 Sell rating(s)
13 Hold rating(s)
11 Buy rating(s)
0 Strong Buy rating(s)
2.46

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
ALLETE$1.53B2.48$179.30M$3.1920.45
Array Technologies$1.06B1.10$137.24M-$1.85-4.15

ALLETE has a net margin of 11.72% compared to Array Technologies' net margin of -9.59%. Array Technologies' return on equity of 75.57% beat ALLETE's return on equity.

Company Net Margins Return on Equity Return on Assets
ALLETE11.72% 5.97% 3.03%
Array Technologies -9.59%75.57%8.71%

In the previous week, ALLETE had 7 more articles in the media than Array Technologies. MarketBeat recorded 9 mentions for ALLETE and 2 mentions for Array Technologies. ALLETE's average media sentiment score of 1.57 beat Array Technologies' score of 0.33 indicating that ALLETE is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
ALLETE
8 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive
Array Technologies
0 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral

76.6% of ALLETE shares are owned by institutional investors. 0.3% of ALLETE shares are owned by insiders. Comparatively, 0.5% of Array Technologies shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

Summary

ALLETE beats Array Technologies on 11 of the 19 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$1.17B$2.22B$7.34B$8.48B
Dividend YieldN/A2.70%10.95%4.11%
P/E Ratio-7.9113.8954.3420.05
Price / Sales1.102.0324,406.72119.55
Price / Cash3.608.1835.5034.62
Price / Book4.492.783.524.61
Net Income$137.24M$95.48M$4.30B$248.19M
7 Day Performance-7.03%-2.25%-0.56%2.88%
1 Month Performance77.75%14.49%7.21%15.40%
1 Year Performance-28.58%13.56%178.13%7.68%

Array Technologies Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ARRY
Array Technologies
2.5083 of 5 stars
$7.67
+5.6%
$9.55
+24.5%
-28.6%$1.17B$1.06B-7.91470Analyst Forecast
ALE
ALLETE
2.6024 of 5 stars
$65.58
+0.2%
$67.00
+2.2%
+2.5%$3.80B$1.53B21.151,490Positive News
MGEE
MGE Energy
3.2212 of 5 stars
$90.30
-0.9%
$80.00
-11.4%
+13.2%$3.30B$704.58M27.61700News Coverage
Positive News
Dividend Announcement
OTTR
Otter Tail
1.6868 of 5 stars
$78.28
+1.7%
$83.00
+6.0%
-14.0%$3.28B$1.32B10.922,420Positive News
HE
Hawaiian Electric Industries
2.8846 of 5 stars
$10.71
+2.1%
$12.00
+12.0%
-3.7%$1.85B$3.22B-0.913,760Positive News
UTL
Unitil
2.8391 of 5 stars
$54.64
-3.7%
$55.00
+0.7%
+1.8%$887.91M$486.90M18.65520Positive News
NEE
NextEra Energy
4.9033 of 5 stars
$69.66
-0.9%
$83.46
+19.8%
-2.1%$143.40B$25.27B20.6715,300Positive News
SO
Southern
4.1427 of 5 stars
$87.74
-2.9%
$93.07
+6.1%
+14.6%$96.43B$27.85B21.8827,700Trending News
DUK
Duke Energy
4.537 of 5 stars
$115.71
-3.8%
$126.00
+8.9%
+13.1%$89.94B$30.94B20.2627,900Trending News
ETR
Entergy
4.4844 of 5 stars
$81.27
-2.0%
$85.75
+5.5%
+49.4%$35.01B$11.93B33.3811,700Trending News
PPL
PPL
3.1606 of 5 stars
$34.42
-3.1%
$36.90
+7.2%
+17.7%$25.44B$8.66B28.456,530Dividend Announcement

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This page (NASDAQ:ARRY) was last updated on 5/21/2025 by MarketBeat.com Staff
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