Array Technologies, Inc. (ARRY)
| Market Cap | 2.33B |
| Revenue (ttm) | 768.76M |
| Net Income (ttm) | -14.13M |
| Shares Out | 134.09M |
| EPS (ttm) | -0.11 |
| PE Ratio | n/a |
| Forward PE | 25.51 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 1,844,825 |
| Open | 17.76 |
| Previous Close | 17.72 |
| Day's Range | 17.43 - 18.23 |
| 52-Week Range | 12.72 - 54.78 |
| Beta | n/a |
| Analysts | Hold |
| Price Target | 24.55 (+35.9%) |
| Est. Earnings Date | Nov 4, 2021 |
About ARRY
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.
Financial Performance
In 2020, ARRY's revenue was $872.66 million, an increase of 34.69% compared to the previous year's $647.90 million. Earnings were $59.07 million, an increase of 48.63%.
Financial StatementsAnalyst Forecast
According to 10 analysts, the average rating for ARRY stock is "Hold." The 12-month stock price forecast is 24.55, which is an increase of 35.86% from the latest price.
News
(ARRY) Alert: Did You Acquire Array Technologies, Inc. Before December 2020? Contact Johnson Fistel, LLP
SAN DIEGO, Sept. 16, 2021 /PRNewswire/ -- Johnson Fistel, LLP is investigating potential claims on behalf of Array Technologies, Inc. ("Array" or the "Company") (NASDAQ: ARRY) against certain of its off...
3 Out-of-Favor Solar Stocks to Buy Now
Solar energy is booming and these three companies have a leg up on the competition.
Solar Power Stocks: The 45% Plan Putting ISUN, ARRY, SPWR, FSLR Stocks in the Sun Today
Solar power stocks are on the move today with the Biden administration's new solar plan. The U.S. is aiming to be nearly half solar by 2050.
3 Growth Stocks to Buy That Could Be Massive Long-Term Winners
The very best investment opportunities are often rooted in market-based evolutions in addition to savvy leadership.
Array Technologies Diversifies Global Supply Chain with POSCO
South Korean steelmaker to supply to Array's global projects South Korean steelmaker to supply to Array's global projects
3 Stocks That Will Soar as Solar Costs Continue to Drop
The falling cost of solar equipment will be a tailwind for these stocks.
Why Array Technologies Jumped 10% Today
An investment in energy infrastructure could mean a sharp focus on solar deployment, putting this company in a sweet spot.
Array Technologies Announces Additions to Board of Directors
Bilal Khan of Blackstone joins board following announcement of $500 million capital commitment from Blackstone. Paulo Almirante and Gerrard Schmid join with renewable energy and public company expertise...
Goldman Sachs Says Buy 3 Sizzling Stocks Now With Up to 150% Upside Potential
With August and the back-to-school season upon us, a large share of the outstanding second-quarter earnings results have been posted, and analysts and investors on Wall Street are very satisfied with th...
Why Array Technologies Jumped 11% Today
Despite continued challenges, the ground-mounted solar systems maker grew revenue 76%.
Array Technologies, Inc. Reports Financial Results for the Second Quarter 2021
Second Quarter 2021 Financial Highlights
Array Technologies, Inc. Announces $500 Million Capital Commitment from Blackstone
Reinforces leadership position and positions company to be industry consolidator Reinforces leadership position and positions company to be industry consolidator
Why Shares of Array Technologies Are Red-Hot Today
Wall Street is casting a hopeful gaze in this solar stock's direction.
Array Technologies Shares Pop As Roth Capital Upgrades To Buy Before Q2 Results, Sees 82.3% Upside
Roth Capital analyst Philip Shen upgraded Array Technologies Inc (NASDAQ:ARRY) to Buy from Neutral with a $25 price target, implying an upside of 82.3%. Shen is incrementally more bullish ahead of the c...
(ARRY) Alert: Did You Acquire Array Technologies, Inc. Before December 2020?
SAN DIEGO, Aug. 5, 2021 /PRNewswire/ -- Johnson Fistel, LLP is investigating potential claims on behalf of Array Technologies, Inc. ("Array" or the "Company") (NASDAQ: ARRY) against certain of its offic...
Why Shares of Array Technologies Sank 13% in July
Between rising steel prices and bearish sentiment from analysts, investors weren't feeling so sunny about this solar industry niche player last month.
New Strong Sell Stocks for August 4th
ARRY, CRON, ESTC, LEVL and TME have been added to the Zacks Rank #5 (Strong Sell) List on August 4, 2021.
Array Technologies, Inc. Announces Second Quarter 2021 Earnings Release Date and Conference Call
ALBUQUERQUE, N.M., July 28, 2021 (GLOBE NEWSWIRE) -- Array Technologies, Inc. (the “Company” or “Array”) (Nasdaq: ARRY) today announced that the company will release its second quarter 2021 results afte...
SHAREHOLDER ALERT: Robbins LLP is Investigating Array Technologies, Inc. (ARRY) on Behalf of Shareholders
SAN DIEGO & ALBUQUERQUE, N.M.--(BUSINESS WIRE)---- $ARRY #ARRAY--Shareholder rights law firm Robbins LLP is investigating Array Technologies, Inc. (NASDAQ: ARRY) to determine whether certain Array offic...
Why Array Technologies Stock Crashed in 2021
The stock got crushed after earnings, but the company has a plan.
ARRY Final Deadline: Bronstein, Gewirtz & Grossman, LLC Reminds Array Technologies, Inc. Shareholders With Losses Exc...
NEW YORK--(BUSINESS WIRE)--Attorney Advertising-- Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against Array Technologies, Inc. ("Array" or the "Compa...
DEADLINE TODAY: Array Shareholder Class Action Lawsuit
Boston, Massachusetts--(Newsfile Corp. - July 13, 2021) - The Thornton Law Firm announces that it has filed a securities class action lawsuit along with Labaton Sucharow LLP, on behalf of investors of A...