(ARRY) Array Technologies - Ratings and Ratios
Trackers, Systems, Photovoltaic, Software
ARRY EPS (Earnings per Share)
ARRY Revenue
Description: ARRY Array Technologies
Array Technologies, Inc. is a leading manufacturer and supplier of solar tracking technology products, catering to a global customer base across the United States, Spain, Brazil, Australia, and other international markets. The company operates through two distinct segments: Array Legacy Operations and STI Operations, enabling a diversified product portfolio that includes innovative solar tracking solutions such as DuraTrack HZ v3, Array STI H250, Array OmniTrack, Array SkyLink, and SmarTrack. With a rich history dating back to 1987, Array Technologies has established its headquarters in Albuquerque, New Mexico, and continues to drive growth in the renewable energy sector.
From a market perspective, Array Technologies stock (ARRY) is classified as a common stock within the Electrical Components & Equipment sub-industry. As a publicly traded company listed on NASDAQ, ARRY offers investors a stake in the companys future growth and profitability. With a market capitalization of $1.214 billion, Array Technologies has demonstrated significant scale and investor interest.
Analyzing the technical data, we observe that ARRYs last price is $7.54, with a 20-day Simple Moving Average (SMA20) of $7.24, indicating a recent uptrend. The stocks SMA50 and SMA200 are $6.15 and $6.31, respectively, suggesting a longer-term bullish trend. The Average True Range (ATR) is $0.66, representing an 8.70% volatility. Given the 52-week high and low prices of $12.82 and $3.98, respectively, the stock has shown significant price movement. Based on these technical indicators, a potential forecast could be that ARRY continues its upward trajectory, potentially targeting the $9-$10 range in the short term, driven by its breaking above the SMA20 and the overall bullish trend in the renewable energy sector.
From a fundamental analysis perspective, Array Technologies forward Price-to-Earnings (P/E) ratio is 12.18, indicating a relatively reasonable valuation compared to its growth prospects. However, the companys Return on Equity (RoE) stands at -54.81, highlighting significant challenges in generating profits from shareholder equity. Considering the fundamental data, a forecast could be that as the company continues to grow its revenue and expands its market share in the solar tracking technology space, it may improve its profitability metrics, potentially leading to a revaluation of its stock price. If Array Technologies can successfully execute its business strategy and improve its RoE, the stock could see further upside, potentially reaching $12-$15 in the medium term, driven by improved earnings and investor sentiment.
Combining both technical and fundamental analyses, a potential trading strategy for ARRY could involve monitoring the stocks price action around key technical levels, such as the SMA20 and SMA50, while keeping a close eye on the companys fundamental performance, particularly its revenue growth and profitability improvements. As the renewable energy sector continues to attract investment and grow, Array Technologies is well-positioned to capitalize on this trend, potentially driving the stock price higher.
ARRY Stock Overview
Market Cap in USD | 840m |
Sector | Technology |
Industry | Solar |
GiC Sub-Industry | Electrical Components & Equipment |
IPO / Inception | 2020-10-15 |
ARRY Stock Ratings
Growth Rating | -65.1 |
Fundamental | 30.7% |
Dividend Rating | - |
Rel. Strength | -38.1 |
Analysts | 3.96 of 5 |
Fair Price Momentum | 4.34 USD |
Fair Price DCF | 7.73 USD |
ARRY Dividends
Currently no dividends paidARRY Growth Ratios
Growth Correlation 3m | -52.2% |
Growth Correlation 12m | 3.9% |
Growth Correlation 5y | -68.5% |
CAGR 5y | -32.13% |
CAGR/Max DD 5y | -0.35 |
Sharpe Ratio 12m | -1.34 |
Alpha | -30.33 |
Beta | 0.341 |
Volatility | 84.87% |
Current Volume | 7011.1k |
Average Volume 20d | 5839.7k |
Stop Loss | 5.2 (-7.5%) |
Piotroski VR‑10 (Strict, 0-10) 3.0
Net Income (-225.8m TTM) > 0 and > 6% of Revenue (6% = 63.9m TTM) |
FCFTA 0.05 (>2.0%) and ΔFCFTA -8.14pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
NWC/Revenue 53.33% (prev 36.27%; Δ 17.06pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
CFO/TA 0.07 (>3.0%) and CFO 93.4m > Net Income -225.8m (YES >=105%, WARN >=100%) |
NO Net Debt/EBITDA fails (EBITDA <= 0) |
Current Ratio 2.39 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
Outstanding Shares last Quarter (152.8m) change vs 12m ago 0.95% (target <= -2.0% for YES) |
Gross Margin 29.13% (prev 26.42%; Δ 2.70pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
Asset Turnover 69.71% (prev 83.05%; Δ -13.35pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
Interest Coverage Ratio -6.29 (EBITDA TTM -169.1m / Interest Expense TTM 33.9m) >= 6 (WARN >= 3) |
Altman Z'' 0.50
(A) 0.40 = (Total Current Assets 976.3m - Total Current Liabilities 408.5m) / Total Assets 1.43b |
(B) -0.25 = Retained Earnings (Balance) -353.9m / Total Assets 1.43b |
(C) -0.14 = EBIT TTM -213.4m / Avg Total Assets 1.53b |
(D) -0.35 = Book Value of Equity -383.9m / Total Liabilities 1.10b |
Total Rating: 0.50 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 30.66
1. Piotroski 3.0pt = -2.0 |
2. FCF Yield 6.40% = 3.20 |
3. FCF Margin 7.03% = 1.76 |
4. Debt/Equity 2.10 = 0.62 |
5. Debt/Ebitda -4.02 = -2.50 |
6. ROIC - WACC -35.30% = -12.50 |
7. RoE -54.81% = -2.50 |
8. Rev. Trend -67.93% = -3.40 |
9. Rev. CAGR -10.37% = -1.73 |
10. EPS Trend data missing |
11. EPS CAGR -2.35% = -0.29 |
What is the price of ARRY shares?
As of August 13, 2025, the stock is trading at USD 5.62 with a total of 7,011,125 shares traded.Over the past week, the price has changed by -4.91%, over one month by -24.16%, over three months by -17.84% and over the past year by -20.06%.
Is Array Technologies a good stock to buy?
No, based on ValueRay´s Fundamental Analyses, Array Technologies (NASDAQ:ARRY) is currently (August 2025) a stock to sell. It has a ValueRay Fundamental Rating of 30.66 and therefor a negative outlook according to the companies health.Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of ARRY is around 4.34 USD . This means that ARRY is currently overvalued and has a potential downside of -22.78%.
Is ARRY a buy, sell or hold?
Array Technologies has received a consensus analysts rating of 3.96. Therefore, it is recommended to buy ARRY.- Strong Buy: 10
- Buy: 3
- Hold: 11
- Sell: 0
- Strong Sell: 0
What are the forecasts/targets for the ARRY price?
Issuer | Target | Up/Down from current |
---|---|---|
Wallstreet Target Price | 9.1 | 62.1% |
Analysts Target Price | 8.9 | 58.4% |
ValueRay Target Price | 4.7 | -17.1% |
Last update: 2025-08-12 02:55
ARRY Fundamental Data Overview
CCE Cash And Equivalents = 348.3m USD (Cash And Short Term Investments, last quarter)
P/E Forward = 9.0171
P/S = 0.7172
P/B = 5.0259
P/EG = 0.644
Beta = 1.738
Revenue TTM = 1.06b USD
EBIT TTM = -213.4m USD
EBITDA TTM = -169.1m USD
Long Term Debt = 644.5m USD (from longTermDebt, last quarter)
Short Term Debt = 34.5m USD (from shortTermDebt, last quarter)
Debt = 679.0m USD (Calculated: Short Term 34.5m + Long Term 644.5m)
Net Debt = 330.7m USD (from netDebt column, last quarter)
Enterprise Value = 1.17b USD (840.0m + Debt 679.0m - CCE 348.3m)
Interest Coverage Ratio = -6.29 (Ebit TTM -213.4m / Interest Expense TTM 33.9m)
FCF Yield = 6.40% (FCF TTM 74.9m / Enterprise Value 1.17b)
FCF Margin = 7.03% (FCF TTM 74.9m / Revenue TTM 1.06b)
Net Margin = -21.21% (Net Income TTM -225.8m / Revenue TTM 1.06b)
Gross Margin = 29.13% ((Revenue TTM 1.06b - Cost of Revenue TTM 754.6m) / Revenue TTM)
Tobins Q-Ratio = -3.05 (set to none) (Enterprise Value 1.17b / Book Value Of Equity -383.9m)
Interest Expense / Debt = 1.18% (Interest Expense 8.04m / Debt 679.0m)
Taxrate = 28.07% (from quarterly Income Tax Expense: 6.53m / 23.3m)
NOPAT = -213.4m (EBIT -213.4m, no tax applied on loss)
Current Ratio = 2.39 (Total Current Assets 976.3m / Total Current Liabilities 408.5m)
Debt / Equity = 2.10 (Debt 679.0m / last Quarter total Stockholder Equity 323.6m)
Debt / EBITDA = -4.02 (Net Debt 330.7m / EBITDA -169.1m)
Debt / FCF = 9.07 (Debt 679.0m / FCF TTM 74.9m)
Total Stockholder Equity = 412.0m (last 4 quarters mean)
RoA = -15.84% (Net Income -225.8m, Total Assets 1.43b )
RoE = -54.81% (Net Income TTM -225.8m / Total Stockholder Equity 412.0m)
RoCE = -20.20% (Ebit -213.4m / (Equity 412.0m + L.T.Debt 644.5m))
RoIC = -30.90% (NOPAT -213.4m / Invested Capital 690.5m)
WACC = 4.40% (E(840.0m)/V(1.52b) * Re(7.27%)) + (D(679.0m)/V(1.52b) * Rd(1.18%) * (1-Tc(0.28)))
Shares Correlation 5-Years: 90.0 | Cagr: 3.13%
Discount Rate = 7.27% (= CAPM, Blume Beta Adj.) -> floored to rf + ERP 8.05%
[DCF Debug] Terminal Value 73.71% ; FCFE base≈132.2m ; Y1≈101.1m ; Y5≈62.8m
Fair Price DCF = 7.73 (DCF Value 1.18b / Shares Outstanding 152.5m; 5y FCF grow -27.91% → 3.0% )
Revenue Correlation: -67.93 | Revenue CAGR: -10.37%
Revenue Growth Correlation: 31.93%
EPS Correlation: N/A | EPS CAGR: -2.35%
EPS Growth Correlation: 22.71%
Additional Sources for ARRY Stock
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Fund Manager Positions: Dataroma | Stockcircle