Our top pick for
Finder may earn compensation from partners, but editorial opinions are our own. Advertiser Disclosure
Array Technologies Inc is a solar business based in the US. Array Technologies shares (ARRY) are listed on the NASDAQ and all prices are listed in US Dollars. Array Technologies employs 387 staff and has a trailing 12-month revenue of around 0.00.
|Latest market close||$19.05|
|52-week range||$12.72 - $54.78|
|50-day moving average||$18.46|
|200-day moving average||$18.87|
|Wall St. target price||$24.42|
|Dividend yield||N/A (0%)|
|Earnings per share (TTM)||$-0.11|
*Signup bonus information updated weekly.
The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
|1 week (2021-10-15)||0.95%|
|1 month (2021-09-22)||5.02%|
|3 months (2021-07-22)||35.01%|
|6 months (2021-04-22)||-34.69%|
|1 year (2020-10-22)||-56.65%|
|2 years (2019-10-18)||N/A|
|3 years (2018-10-18)||N/A|
|5 years (2016-10-18)||N/A|
Valuing Array Technologies stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Array Technologies's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Array Technologies's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.934. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Array Technologies's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
However, it's sensible to consider Array Technologies's PEG ratio in relation to those of similar companies.
Array Technologies's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $62.3 million.
The EBITDA is a measure of a Array Technologies's overall financial performance and is widely used to measure a its profitability.
To put Array Technologies's EBITDA into context you can compare it against that of similar companies.
|Revenue TTM||$768.8 million|
|Operating margin TTM||4.63%|
|Gross profit TTM||$202.8 million|
|Return on assets TTM||3.77%|
|Return on equity TTM||-8.97%|
|Market capitalisation||$2.4 billion|
TTM: trailing 12 months
There are currently 6.8 million Array Technologies shares held short by investors – that's known as Array Technologies's "short interest". This figure is 17.5% up from 5.8 million last month.
There are a few different ways that this level of interest in shorting Array Technologies shares can be evaluated.
Array Technologies's "short interest ratio" (SIR) is the quantity of Array Technologies shares currently shorted divided by the average quantity of Array Technologies shares traded daily (recently around 1.4 million). Array Technologies's SIR currently stands at 4.7. In other words for every 100,000 Array Technologies shares traded daily on the market, roughly 4700 shares are currently held short.
To gain some more context, you can compare Array Technologies's short interest ratio against those of similar companies.
However Array Technologies's short interest can also be evaluated against the total number of Array Technologies shares, or, against the total number of tradable Array Technologies shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Array Technologies's short interest could be expressed as 0.08% of the outstanding shares (for every 100,000 Array Technologies shares in existence, roughly 80 shares are currently held short) or 0.0846% of the tradable shares (for every 100,000 tradable Array Technologies shares, roughly 85 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Array Technologies.
Find out more about how you can short Array Technologies stock.
We're not expecting Array Technologies to pay a dividend over the next 12 months.
Array Technologies, Inc. manufactures and supplies solar tracking systems and related products for customers in the United States and internationally. Its products include DuraTrack HZ v3, a single-axis solar tracking system; and SmarTrack, a machine learning software that is used to identify the optimal position for a solar array in real time to increase energy production. The company was founded in 1989 and is based in Albuquerque, New Mexico. .
Steps to owning and managing ProShares Bitcoin Strategy ETF units.
Everything we know about the The Real Good Food Company IPO, plus information on how to buy in.
Everything we know about the Lulu’s Fashion Lounge Holdings IPO, plus information on how to buy in.
Everything we know about the Allarity Therapeutics IPO, plus information on how to buy in.
Everything we know about the Jupiter Neurosciences IPO, plus information on how to buy in.
Everything we know about the Mainz Biomed IPO, plus information on how to buy in.
Everything we know about the Progressive Care IPO, plus information on how to buy in.
Everything we know about the Desert Peak Minerals IPO, plus information on how to buy in.
Everything we know about the Vaxxinity IPO, plus information on how to buy in.
Everything we know about the Entrada Therapeutics IPO, plus information on how to buy in.
finder.com is an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions. While we are independent, the offers that appear on this site are from companies from which finder.com receives compensation. We may receive compensation from our partners for placement of their products or services. We may also receive compensation if you click on certain links posted on our site. While compensation arrangements may affect the order, position or placement of product information, it doesn't influence our assessment of those products. Please don't interpret the order in which products appear on our Site as any endorsement or recommendation from us. finder.com compares a wide range of products, providers and services but we don't provide information on all available products, providers or services. Please appreciate that there may be other options available to you than the products, providers or services covered by our service.