Array Technologies Inc
General ticker "ARRY" information:
- Sector: Industrials
- Industry: Electrical Equipment
- Capitalization: $915.3M
Array Technologies Inc does not follow the US Stock Market performance with the rate: -34.3%.
Estimated limits based on current volatility of 4.0%: low 5.26$, high 5.70$
Factors to consider:
- US accounted for 74.0% of revenue in the fiscal year ended 2023-12-31
- Current price 43.2% below estimated low
- Earnings for 9 months up through Q3 are below 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 2023-12-31 to 2025-12-30
- 2023-12-31 to 2024-12-30 estimated range: [9.91$, 20.43$]
- 2024-12-30 to 2025-12-30 estimated range: [8.17$, 17.59$]
Financial Metrics affecting the ARRY estimates:
- Positive: 0.93 < Non-GAAP EPS, $ of 1.14
- Positive: 9.05 < Operating profit margin, % of 13.58
- Positive: Return on assets ratio (scaled to [-100,100]) of 7.44 > 7.10
- Positive: Interest expense per share, $ of 0.29 <= 0.74
- Positive: 7.18 < Operating cash flow per share per price, % of 9.18
Short-term ARRY quotes
Long-term ARRY plot with estimates
Financial data
| YTD | 2021-12-31 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|
| Operating Revenue | $853.32MM | $1,637.55MM | $1,576.55MM |
| Operating Expenses | $878.06MM | $1,655.68MM | $1,362.43MM |
| Operating Income | $-24.74MM | $-18.13MM | $214.12MM |
| Non-Operating Income | $-36.38MM | $13.18MM | $-36.97MM |
| Interest Expense | $35.48MM | $33.51MM | $44.23MM |
| Income(Loss) | $-61.12MM | $-4.95MM | $177.16MM |
| Taxes | $-10.72MM | $-9.38MM | $39.92MM |
| Profit(Loss) | $-50.40MM | $4.43MM | $137.24MM |
| Stockholders Equity | $-69.20MM | $124.28MM | $259.25MM |
| Inventory | $205.65MM | $233.16MM | $161.96MM |
| Assets | $1,142.98MM | $1,706.05MM | $1,706.74MM |
| Operating Cash Flow | $-263.19MM | $141.49MM | $231.96MM |
| Capital expenditure | $3.36MM | $10.62MM | $16.99MM |
| Investing Cash Flow | $-15.33MM | $-384.44MM | $-16.82MM |
| Financing Cash Flow | $537.75MM | $8.44MM | $-101.76MM |
| Earnings Per Share* | $-0.39 | $0.03 | $0.57 |
* EPS are Split Adjusted, recent splits may be reflected with a delay.