Array Technologies Statistics
Total Valuation
ARRY has a market cap or net worth of $1.60 billion. The enterprise value is $1.99 billion.
| Market Cap | 1.60B |
| Enterprise Value | 1.99B |
Important Dates
The next confirmed earnings date is Thursday, August 8, 2024, after market close.
| Earnings Date | Aug 8, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
ARRY has 151.77 million shares outstanding. The number of shares has decreased by -0.29% in one year.
| Shares Outstanding | 151.77M |
| Shares Change (YoY) | -0.29% |
| Shares Change (QoQ) | -0.32% |
| Owned by Insiders (%) | 0.34% |
| Owned by Institutions (%) | 132.78% |
| Float | 139.92M |
Valuation Ratios
The trailing PE ratio is 26.30 and the forward PE ratio is 8.53. ARRY's PEG ratio is 0.21.
| PE Ratio | 26.30 |
| Forward PE | 8.53 |
| PS Ratio | 1.18 |
| Forward PS | 1.09 |
| PB Ratio | 6.91 |
| P/FCF Ratio | 7.31 |
| PEG Ratio | 0.21 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 8.98, with an EV/FCF ratio of 9.11.
| EV / Earnings | 32.84 |
| EV / Sales | 1.47 |
| EV / EBITDA | 8.98 |
| EV / EBIT | 10.72 |
| EV / FCF | 9.11 |
Financial Position
The company has a current ratio of 2.73, with a Debt / Equity ratio of 2.94.
| Current Ratio | 2.73 |
| Quick Ratio | 1.82 |
| Debt / Equity | 2.94 |
| Debt / EBITDA | 3.07 |
| Debt / FCF | 3.12 |
| Interest Coverage | 4.53 |
Financial Efficiency
Return on equity (ROE) is 22.90% and return on invested capital (ROIC) is 15.12%.
| Return on Equity (ROE) | 22.90% |
| Return on Assets (ROA) | 3.50% |
| Return on Capital (ROIC) | 15.12% |
| Revenue Per Employee | $1.25M |
| Profits Per Employee | $55,974 |
| Employee Count | 1,082 |
| Asset Turnover | 0.78 |
| Inventory Turnover | 4.51 |
Taxes
In the past 12 months, ARRY has paid $31.35 million in taxes.
| Income Tax | 31.35M |
| Effective Tax Rate | 34.10% |
Stock Price Statistics
The stock price has decreased by -46.05% in the last 52 weeks. The beta is 1.66, so ARRY's price volatility has been higher than the market average.
| Beta (5Y) | 1.66 |
| 52-Week Price Change | -46.05% |
| 50-Day Moving Average | 11.92 |
| 200-Day Moving Average | 14.27 |
| Relative Strength Index (RSI) | 44.80 |
| Average Volume (20 Days) | 5,712,384 |
Short Selling Information
The latest short interest is 24.91 million, so 16.42% of the outstanding shares have been sold short.
| Short Interest | 24.91M |
| Short Previous Month | 26.43M |
| Short % of Shares Out | 16.42% |
| Short % of Float | 17.81% |
| Short Ratio (days to cover) | 5.40 |
Income Statement
In the last 12 months, ARRY had revenue of $1.35 billion and earned $60.56 million in profits. Earnings per share was $0.40.
| Revenue | 1.35B |
| Gross Profit | 376.74M |
| Operating Income | 175.97M |
| Pretax Income | 144.62M |
| Net Income | 60.56M |
| EBITDA | 221.45M |
| EBIT | 185.59M |
| Earnings Per Share (EPS) | $0.40 |
Balance Sheet
The company has $287.62 million in cash and $680.20 million in debt, giving a net cash position of -$392.58 million or -$2.59 per share.
| Cash & Cash Equivalents | 287.62M |
| Total Debt | 680.20M |
| Net Cash | -392.58M |
| Net Cash Per Share | -$2.59 |
| Equity (Book Value) | 231.22M |
| Book Value Per Share | 1.52 |
| Working Capital | 490.76M |
Cash Flow
In the last 12 months, operating cash flow was $233.64 million and capital expenditures -$15.32 million, giving a free cash flow of $218.32 million.
| Operating Cash Flow | 233.64M |
| Capital Expenditures | -15.32M |
| Free Cash Flow | 218.32M |
| FCF Per Share | $1.44 |
Margins
Gross margin is 27.84%, with operating and profit margins of 13.00% and 4.48%.
| Gross Margin | 27.84% |
| Operating Margin | 13.00% |
| Pretax Margin | 10.69% |
| Profit Margin | 4.48% |
| EBITDA Margin | 16.36% |
| EBIT Margin | 13.71% |
| FCF Margin | 16.13% |
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 | 0.29% |
| Shareholder Yield | 0.29% |
| Earnings Yield | 3.79% |
| FCF Yield | 13.67% |
Analyst Forecast
The average price target for ARRY is $19.05, which is 81.08% higher than the current price. The consensus rating is "Buy".
| Price Target | $19.05 |
| Price Target Difference | 81.08% |
| Analyst Consensus | Buy |
| Analyst Count | 21 |
| Revenue Growth Forecast (5Y) | 7.11% |
| EPS Growth Forecast (5Y) | 29.20% |
Stock 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 2.38 and a Piotroski F-Score of 7. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 2.38 |
| Piotroski F-Score | 7 |