Array Technologies Inc.

4.36
-0.07 (-1.58%)
At close: Apr 04, 2025, 3:59 PM
4.12
-5.40%
After-hours: Apr 04, 2025, 05:47 PM EDT

Array Statistics

Share Statistics

Array has 152.01M shares outstanding. The number of shares has increased by 0.16% in one year.

Shares Outstanding 152.01M
Shares Change (YoY) 0.16%
Shares Change (QoQ) 0.05%
Owned by Institutions (%) 99.99%
Shares Floating 149.54M
Failed to Deliver (FTD) Shares 31K
FTD / Avg. Volume 0.6%

Short Selling Information

The latest short interest is 26.04M, so 17.14% of the outstanding shares have been sold short.

Short Interest 26.04M
Short % of Shares Out 17.14%
Short % of Float 17.43%
Short Ratio (days to cover) 4.87

Valuation Ratios

The PE ratio is -3.81 and the forward PE ratio is 8.33. Array's PEG ratio is 0.01.

PE Ratio -3.81
Forward PE 8.33
PS Ratio 1
Forward PS 0.5
PB Ratio 3.17
P/FCF Ratio 6.25
PEG Ratio 0.01
Financial Ratio History

Enterprise Valuation

Currently the Enterprise Value (EV) is not available for Array.

EV / Sales n/a
EV / EBITDA n/a
EV / EBIT n/a
EV / FCF n/a

Financial Position

The company has a current ratio of 2.28, with a Debt / Equity ratio of 0.11.

Current Ratio 2.28
Quick Ratio 1.82
Debt / Equity 0.11
Debt / EBITDA -0.19
Debt / FCF 0.21
Interest Coverage -6.52

Financial Efficiency

Return on Equity is n/a and Return on Invested Capital is n/a.

Return on Equity n/a
Return on Assets n/a
Return on Invested Capital n/a
Revenue Per Employee $896.97K
Profits Per Employee $-235.45K
Employee Count 1,021
Asset Turnover 0.64
Inventory Turnover 3.08

Taxes

Income Tax -10.18M
Effective Tax Rate 4.06%

Stock Price Statistics

The stock price has increased by -68.41% in the last 52 weeks. The beta is 1.66, so Array's price volatility has been higher than the market average.

Beta 1.66
52-Week Price Change -68.41%
50-Day Moving Average 6.21
200-Day Moving Average 7.14
Relative Strength Index (RSI) 27.23
Average Volume (20 Days) 5.2M

Income Statement

In the last 12 months, Array had revenue of 915.81M and earned -240.39M in profits. Earnings per share was -1.58.

Revenue 915.81M
Gross Profit 297.68M
Operating Income -227M
Net Income -240.39M
EBITDA -162.97M
EBIT -215.75M
Earnings Per Share (EPS) -1.58
Full Income Statement

Balance Sheet

The company has 362.99M in cash and 30.71M in debt, giving a net cash position of 332.28M.

Cash & Cash Equivalents 362.99M
Total Debt 30.71M
Net Cash 332.28M
Retained Earnings 0
Total Assets 1.43B
Working Capital 560.91M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was 153.98M and capital expenditures -7.3M, giving a free cash flow of 146.68M.

Operating Cash Flow 153.98M
Capital Expenditures -7.3M
Free Cash Flow 146.68M
FCF Per Share 0.97
Full Cash Flow Statement

Margins

Gross margin is 32.5%, with operating and profit margins of -24.79% and -26.25%.

Gross Margin 32.5%
Operating Margin -24.79%
Pretax Margin -27.36%
Profit Margin -26.25%
EBITDA Margin -17.8%
EBIT Margin -24.79%
FCF Margin 16.02%

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
Payout Ratio n/a
Earnings Yield n/a
FCF Yield n/a
Dividend Details

Analyst Forecast

The average price target for ARRY is $9, which is 106.4% higher than the current price. The consensus rating is "Hold".

Price Target $9
Price Target Difference 106.4%
Analyst Consensus Hold
Analyst Count 21
Stock Forecasts

Scores

Altman Z-Score 0.61
Piotroski F-Score 4