Array Technologies Statistics
Total Valuation
ARRY has a market cap or net worth of $1.14 billion. The enterprise value is $1.81 billion.
| Market Cap | 1.14B |
| Enterprise Value | 1.81B |
Important Dates
The next confirmed earnings date is Thursday, November 7, 2024, after market close.
| Earnings Date | Nov 7, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
ARRY has 151.93 million shares outstanding. The number of shares has increased by 0.62% in one year.
| Shares Outstanding | 151.93M |
| Shares Change (YoY) | +0.62% |
| Shares Change (QoQ) | +0.57% |
| Owned by Insiders (%) | 0.38% |
| Owned by Institutions (%) | 109.37% |
| Float | 138.04M |
Valuation Ratios
The trailing PE ratio is 72.13 and the forward PE ratio is 10.24. ARRY's PEG ratio is 0.92.
| PE Ratio | 72.13 |
| Forward PE | 10.24 |
| PS Ratio | 0.92 |
| Forward PS | 0.72 |
| PB Ratio | 5.09 |
| P/FCF Ratio | 4.97 |
| PEG Ratio | 0.92 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 11.45, with an EV/FCF ratio of 8.85.
| EV / Earnings | 109.05 |
| EV / Sales | 1.65 |
| EV / EBITDA | 11.45 |
| EV / EBIT | 15.22 |
| EV / FCF | 8.85 |
Financial Position
The company has a current ratio of 2.51, with a Debt / Equity ratio of 1.21.
| Current Ratio | 2.51 |
| Quick Ratio | 1.75 |
| Debt / Equity | 1.21 |
| Debt / EBITDA | 4.15 |
| Debt / FCF | 3.41 |
| Interest Coverage | 3.02 |
Financial Efficiency
Return on equity (ROE) is 11.81% and return on invested capital (ROIC) is 5.63%.
| Return on Equity (ROE) | 11.81% |
| Return on Assets (ROA) | 4.25% |
| Return on Capital (ROIC) | 5.63% |
| Revenue Per Employee | $1.07M |
| Profits Per Employee | $16,176 |
| Employee Count | 1,028 |
| Asset Turnover | 0.63 |
| Inventory Turnover | 4.23 |
Taxes
In the past 12 months, ARRY has paid $19.36 million in taxes.
| Income Tax | 19.36M |
| Effective Tax Rate | 21.59% |
Stock Price Statistics
The stock price has decreased by -58.58% 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 | -58.58% |
| 50-Day Moving Average | 6.60 |
| 200-Day Moving Average | 10.71 |
| Relative Strength Index (RSI) | 61.51 |
| Average Volume (20 Days) | 5,790,673 |
Short Selling Information
The latest short interest is 32.47 million, so 21.37% of the outstanding shares have been sold short.
| Short Interest | 32.47M |
| Short Previous Month | 32.56M |
| Short % of Shares Out | 21.37% |
| Short % of Float | 23.52% |
| Short Ratio (days to cover) | 6.76 |
Income Statement
In the last 12 months, ARRY had revenue of $1.10 billion and earned $16.63 million in profits. Earnings per share was $0.10.
| Revenue | 1.10B |
| Gross Profit | 312.65M |
| Operating Income | 119.13M |
| Pretax Income | 90.92M |
| Net Income | 16.63M |
| EBITDA | 158.44M |
| EBIT | 119.13M |
| Earnings Per Share (EPS) | $0.10 |
Balance Sheet
The company has $282.32 million in cash and $699.36 million in debt, giving a net cash position of -$417.04 million or -$2.74 per share.
| Cash & Cash Equivalents | 282.32M |
| Total Debt | 699.36M |
| Net Cash | -417.04M |
| Net Cash Per Share | -$2.74 |
| Equity (Book Value) | 578.48M |
| Book Value Per Share | 1.32 |
| Working Capital | 511.36M |
Cash Flow
In the last 12 months, operating cash flow was $217.06 million and capital expenditures -$12.09 million, giving a free cash flow of $204.97 million.
| Operating Cash Flow | 217.06M |
| Capital Expenditures | -12.09M |
| Free Cash Flow | 204.97M |
| FCF Per Share | $1.35 |
Margins
Gross margin is 28.39%, with operating and profit margins of 10.82% and 6.38%.
| Gross Margin | 28.39% |
| Operating Margin | 10.82% |
| Pretax Margin | 8.14% |
| Profit Margin | 6.38% |
| EBITDA Margin | 14.39% |
| EBIT Margin | 10.82% |
| 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 | -0.62% |
| Shareholder Yield | -0.62% |
| Earnings Yield | 1.63% |
| FCF Yield | 20.14% |
Analyst Forecast
The average price target for ARRY is $13.79, which is 83.62% higher than the current price. The consensus rating is "Buy".
| Price Target | $13.79 |
| Price Target Difference | 83.62% |
| Analyst Consensus | Buy |
| Analyst Count | 23 |
| 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 2.58 and a Piotroski F-Score of 7. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 2.58 |
| Piotroski F-Score | 7 |