Array Technologies, Inc.
General ticker "ARRY" information:
- Sector: Energy
- Industry: Solar
- Capitalization: $1.1B (TTM average)
Array Technologies, Inc. follows the US Stock Market performance with the rate: 55.7%.
Estimated limits based on current volatility of 4.2%: low 10.91$, high 11.88$
Factors to consider:
- Total employees count: 1021 (-0.7%) as of 2024
- US accounted for 70.3% of revenue in the fiscal year ended 2024-12-31
- Top business risk factors: Supply chain disruptions, Product defects, Cybersecurity threats, Regulatory and compliance, Labor/talent shortage/retention
- Price in estimated range
- Earnings for 9 months up through Q3 exceed our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2024-12-31 to 2026-12-31
- 2024-12-31 to 2025-12-31 estimated range: [3.62$, 10.59$]
- 2025-12-31 to 2026-12-31 estimated range: [4.88$, 12.81$]
Financial Metrics affecting the ARRY estimates:
- Positive: with PPE of 9.9 at the end of fiscal year the price was low
- Negative: negative Operating income
- Positive: Operating cash flow per share per price, % of 17.40 > 12.99
- Negative: Shareholder equity ratio, % of -8.28 <= 19.41
- Negative: negative Industry operating income (median)
- Negative: Industry earnings per price (median), % of -1.26 <= 0
- Negative: negative Net income
- Negative: Interest expense per share per price, % of 3.93 > 3.31
- Positive: -4.43 < Investing cash flow per share per price, % of -1.08
Short-term ARRY quotes
Long-term ARRY plot with estimates
Financial data
| YTD | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating Revenue | $1,637.55MM | $1,576.55MM | $915.81MM |
| Operating Expenses | $1,655.68MM | $1,362.43MM | $1,142.81MM |
| Operating Income | $-18.13MM | $214.12MM | $-227.00MM |
| Non-Operating Income | $13.18MM | $-36.97MM | $-23.57MM |
| Interest Expense | $36.69MM | $44.23MM | $34.83MM |
| Income(Loss) | $-4.95MM | $177.16MM | $-250.58MM |
| Taxes | $-9.38MM | $39.92MM | $-10.18MM |
| Profit(Loss)* | $4.43MM | $137.24MM | $-240.39MM |
| Stockholders Equity | $124.28MM | $259.25MM | $-118.10MM |
| Inventory | $233.16MM | $161.96MM | $200.82MM |
| Assets | $1,706.05MM | $1,706.74MM | $1,426.00MM |
| Operating Cash Flow | $141.49MM | $231.96MM | $153.98MM |
| Capital expenditure | $10.62MM | $16.99MM | $7.30MM |
| Investing Cash Flow | $-384.44MM | $-16.82MM | $-9.57MM |
| Financing Cash Flow | $8.44MM | $-101.76MM | $-11.84MM |
| Earnings Per Share** | $0.03 | $0.91 | $-1.58 |
* Profit(Loss) attributable to entity.
** EPS are Split Adjusted, recent splits may be reflected with a delay.