Array Technologies Statistics
Total Valuation
ARRY has a market cap or net worth of $967.88 million. The enterprise value is $1.72 billion.
Important Dates
The last earnings date was Thursday, November 7, 2024, after market close.
| Earnings Date | Nov 7, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
ARRY has 151.94 million shares outstanding. The number of shares has decreased by -0.08% in one year.
| Current Share Class | 151.94M |
| Shares Outstanding | 151.94M |
| Shares Change (YoY) | -0.08% |
| Shares Change (QoQ) | -0.19% |
| Owned by Insiders (%) | 0.38% |
| Owned by Institutions (%) | 112.48% |
| Float | 137.11M |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | 8.87 |
| PS Ratio | 0.98 |
| Forward PS | 0.67 |
| PB Ratio | 15.01 |
| P/TBV Ratio | n/a |
| P/FCF Ratio | 5.40 |
| P/OCF Ratio | 5.08 |
| PEG Ratio | 0.74 |
Financial Ratio HistoryEnterprise Valuation
The stock's EV/EBITDA ratio is 12.04, with an EV/FCF ratio of 9.60.
| EV / Earnings | n/a |
| EV / Sales | 1.75 |
| EV / EBITDA | 12.04 |
| EV / EBIT | 16.55 |
| EV / FCF | 9.60 |
Financial Position
The company has a current ratio of 2.41, with a Debt / Equity ratio of 1.52.
| Current Ratio | 2.41 |
| Quick Ratio | 1.64 |
| Debt / Equity | 1.52 |
| Debt / EBITDA | 4.52 |
| Debt / FCF | 3.86 |
| Interest Coverage | 3.00 |
Financial Efficiency
Return on equity (ROE) is -17.54% and return on invested capital (ROIC) is 5.22%.
| Return on Equity (ROE) | -17.54% |
| Return on Assets (ROA) | 3.89% |
| Return on Capital (ROIC) | 5.22% |
| Revenue Per Employee | $955,438 |
| Profits Per Employee | -$144,760 |
| Employee Count | 1,028 |
| Asset Turnover | 0.59 |
| Inventory Turnover | 3.32 |
Taxes
In the past 12 months, ARRY has paid $15.98 million in taxes.
| Income Tax | 15.98M |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has decreased by -57.98% in the last 52 weeks. The beta is 1.61, so ARRY's price volatility has been higher than the market average.
| Beta (5Y) | 1.61 |
| 52-Week Price Change | -57.98% |
| 50-Day Moving Average | 6.62 |
| 200-Day Moving Average | 10.31 |
| Relative Strength Index (RSI) | 47.53 |
| Average Volume (20 Days) | 9,478,933 |
Short Selling Information
The latest short interest is 29.65 million, so 19.51% of the outstanding shares have been sold short.
| Short Interest | 29.65M |
| Short Previous Month | 32.47M |
| Short % of Shares Out | 19.51% |
| Short % of Float | 21.63% |
| Short Ratio (days to cover) | 5.79 |
Income Statement
In the last 12 months, ARRY had revenue of $982.19 million and -$148.81 million in losses. Loss per share was -$0.98.
| Revenue | 982.19M |
| Gross Profit | 299.59M |
| Operating Income | 104.02M |
| Pretax Income | 90.92M |
| Net Income | -148.81M |
| EBITDA | 142.99M |
| EBIT | 104.02M |
| Loss Per Share | -$0.98 |
Full Income StatementBalance Sheet
The company has $332.37 million in cash and $693.26 million in debt, giving a net cash position of -$360.89 million or -$2.38 per share.
| Cash & Cash Equivalents | 332.37M |
| Total Debt | 693.26M |
| Net Cash | -360.89M |
| Net Cash Per Share | -$2.38 |
| Equity (Book Value) | 457.08M |
| Book Value Per Share | 0.42 |
| Working Capital | 527.39M |
Full Balance SheetCash Flow
In the last 12 months, operating cash flow was $190.38 million and capital expenditures -$10.98 million, giving a free cash flow of $179.40 million.
| Operating Cash Flow | 190.38M |
| Capital Expenditures | -10.98M |
| Free Cash Flow | 179.40M |
| FCF Per Share | $1.18 |
Full Cash Flow StatementMargins
Gross margin is 30.50%, with operating and profit margins of 10.59% and -9.59%.
| Gross Margin | 30.50% |
| Operating Margin | 10.59% |
| Pretax Margin | -7.96% |
| Profit Margin | -9.59% |
| EBITDA Margin | 14.56% |
| EBIT Margin | 10.59% |
| FCF Margin | 18.63% |
Dividends & Yields
ARRY does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | n/a |
| Buyback Yield | 0.08% |
| Shareholder Yield | 0.08% |
| Earnings Yield | -15.38% |
| FCF Yield | 18.54% |
Dividend DetailsAnalyst Forecast
The average price target for ARRY is $13.03, which is 104.55% higher than the current price. The consensus rating is "Buy".
| Price Target | $13.03 |
| Price Target Difference | 104.55% |
| Analyst Consensus | Buy |
| Analyst Count | 23 |
| Revenue Growth Forecast (5Y) | 7.11% |
| EPS Growth Forecast (5Y) | 29.20% |
Stock ForecastsStock Splits
This stock does not have any record of stock splits.
| Last Split Date | n/a |
| Split Type | n/a |
| Split Ratio | n/a |
Scores
ARRY has an Altman Z-Score of 2.1 and a Piotroski F-Score of 6. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 2.1 |
| Piotroski F-Score | 6 |