Array Technologies Statistics
Total Valuation
ARRY has a market cap or net worth of $1.88 billion. The enterprise value is $2.31 billion.
| Market Cap | 1.88B |
| Enterprise Value | 2.31B |
Important Dates
The next confirmed earnings date is Thursday, May 9, 2024, after market close.
| Earnings Date | May 9, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
ARRY has 151.73 million shares outstanding. The number of shares has increased by 1.47% in one year.
| Shares Outstanding | 151.73M |
| Shares Change (YoY) | +1.47% |
| Shares Change (QoQ) | -0.32% |
| Owned by Insiders (%) | 0.41% |
| Owned by Institutions (%) | 124.13% |
| Float | 133.72M |
Valuation Ratios
The trailing PE ratio is 22.14 and the forward PE ratio is 11.36. ARRY's PEG ratio is 1.93.
| PE Ratio | 22.14 |
| Forward PE | 11.36 |
| PS Ratio | 1.19 |
| Forward PS | 1.36 |
| PB Ratio | 7.26 |
| P/FCF Ratio | 8.75 |
| PEG Ratio | 1.93 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 8.85, with an EV/FCF ratio of 10.76.
| EV / Earnings | 27.06 |
| EV / Sales | 1.47 |
| EV / EBITDA | 8.85 |
| EV / EBIT | 10.46 |
| EV / FCF | 10.76 |
Financial Position
The company has a current ratio of 2.48, with a Debt / Equity ratio of 2.63.
| Current Ratio | 2.48 |
| Quick Ratio | 1.73 |
| Debt / Equity | 2.63 |
| Debt / EBITDA | 2.61 |
| Debt / FCF | 3.17 |
| Interest Coverage | 5.01 |
Financial Efficiency
Return on equity (ROE) is 33.10% and return on invested capital (ROIC) is 17.86%.
| Return on Equity (ROE) | 33.10% |
| Return on Assets (ROA) | 4.80% |
| Return on Capital (ROIC) | 17.86% |
| Revenue Per Employee | $1.46M |
| Profits Per Employee | $79,066 |
| Employee Count | 1,082 |
| Asset Turnover | 0.88 |
| Inventory Turnover | 5.88 |
Taxes
In the past 12 months, ARRY has paid $39.92 million in taxes.
| Income Tax | 39.92M |
| Effective Tax Rate | 31.81% |
Stock Price Statistics
The stock price has decreased by -38.92% in the last 52 weeks. The beta is 1.65, so ARRY's price volatility has been higher than the market average.
| Beta (1Y) | 1.65 |
| 52-Week Price Change | -38.92% |
| 50-Day Moving Average | 13.22 |
| 200-Day Moving Average | 17.06 |
| Relative Strength Index (RSI) | 46.59 |
| Average Volume (30 Days) | 5,834,509 |
Short Selling Information
The latest short interest is 26.64 million, so 17.56% of the outstanding shares have been sold short.
| Short Interest | 26.64M |
| Short Previous Month | 25.83M |
| Short % of Shares Out | 17.56% |
| Short % of Float | 19.92% |
| Short Ratio (days to cover) | 4.97 |
Income Statement
In the last 12 months, ARRY had revenue of $1.58 billion and earned $85.55 million in profits. Earnings per share was $0.56.
| Revenue | 1.58B |
| Gross Profit | 415.55M |
| Operating Income | 217.09M |
| Pretax Income | 177.16M |
| Net Income | 85.55M |
| EBITDA | 261.65M |
| EBIT | 221.39M |
| Earnings Per Share (EPS) | $0.56 |
Balance Sheet
The company has $249.08 million in cash and $682.42 million in debt, giving a net cash position of -$433.34 million or -$2.86 per share.
| Cash & Cash Equivalents | 249.08M |
| Total Debt | 682.42M |
| Net Cash | -433.34M |
| Net Cash Per Share | -$2.86 |
| Equity / Book Value | 259.25M |
| Book Value Per Share | 1.71 |
| Working Capital | 496.59M |
Cash Flow
In the last 12 months, operating cash flow was $231.96 million and capital expenditures -$16.82 million, giving a free cash flow of $215.13 million.
| Operating Cash Flow | 231.96M |
| Capital Expenditures | -16.82M |
| Free Cash Flow | 215.13M |
| FCF Per Share | $1.43 |
Margins
Gross margin is 26.36%, with operating and profit margins of 13.77% and 5.43%.
| Gross Margin | 26.36% |
| Operating Margin | 13.77% |
| Pretax Margin | 11.24% |
| Profit Margin | 5.43% |
| EBITDA Margin | 16.60% |
| EBIT Margin | 14.04% |
| FCF Margin | 13.65% |
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 | -1.47% |
| Shareholder Yield | -1.47% |
| Earnings Yield | 4.55% |
| FCF Yield | 11.43% |
Analyst Forecast
The average price target for ARRY is $21.53, which is 73.63% higher than the current price. The consensus rating is "Buy".
| Price Target | $21.53 |
| Price Target Difference | 73.63% |
| Analyst Consensus | Buy |
| Analyst Count | 17 |
| Revenue Growth Forecast (5Y) | 11.58% |
| EPS Growth Forecast (5Y) | 30.02% |
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 2.62 and a Piotroski F-Score of 7. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 2.62 |
| Piotroski F-Score | 7 |