Array Technologies Inc. (ARRY)
Array Statistics
Share Statistics
Array has 151.94M shares outstanding. The number of shares has increased by 0.43% in one year.
| Shares Outstanding | 151.94M |
| Shares Change (YoY) | 0.43% |
| Shares Change (QoQ) | 0.01% |
| Owned by Institutions (%) | 99.99% |
| Shares Floating | 149.43M |
| Failed to Deliver (FTD) Shares | 24.4K |
| FTD / Avg. Volume | 0.44% |
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 18.48 and the forward PE ratio is 8.33. Array's PEG ratio is 0.01.
| PE Ratio | 18.48 |
| Forward PE | 8.33 |
| PS Ratio | 1.61 |
| Forward PS | 0.6 |
| PB Ratio | 4.15 |
| P/FCF Ratio | 11.8 |
| PEG Ratio | 0.01 |
Enterprise Valuation
Array Technologies Inc. has an Enterprise Value (EV) of 2.99B.
| EV / Earnings | 21.82 |
| EV / Sales | 1.9 |
| EV / EBITDA | 10.84 |
| EV / EBIT | 13.98 |
| EV / FCF | 13.93 |
Financial Position
The company has a current ratio of 2.48, with a Debt / Equity ratio of 1.16.
| Current Ratio | 2.48 |
| Quick Ratio | 2 |
| Debt / Equity | 1.16 |
| Total Debt / Capitalization | 53.68 |
| Cash Flow / Debt | 0.33 |
| Interest Coverage | 4.84 |
Financial Efficiency
Return on equity (ROE) is 0.22% and return on capital (ROIC) is 12.58%.
| Return on Equity (ROE) | 0.22% |
| Return on Assets (ROA) | 0.08% |
| Return on Capital (ROIC) | 12.58% |
| Revenue Per Employee | $1,640,531.74 |
| Profits Per Employee | $142,809.57 |
| Employee Count | 961 |
| Asset Turnover | 0.92 |
| Inventory Turnover | 7.17 |
Taxes
| Income Tax | 39.92M |
| Effective Tax Rate | 0.23 |
Stock Price Statistics
The stock price has increased by -59.16% in the last 52 weeks. The beta is 1.69, so Array's price volatility has been higher than the market average.
| Beta | 1.69 |
| 52-Week Price Change | -59.16% |
| 50-Day Moving Average | 6.6 |
| 200-Day Moving Average | 8.03 |
| Relative Strength Index (RSI) | 35.14 |
| Average Volume (20 Days) | 5.57M |
Income Statement
In the last 12 months, Array had revenue of 1.58B and earned 137.24M in profits. Earnings per share was 0.57.
| Revenue | 1.58B |
| Gross Profit | 415.55M |
| Operating Income | 214.12M |
| Net Income | 137.24M |
| EBITDA | 276.21M |
| EBIT | 214.12M |
| Earnings Per Share (EPS) | 0.57 |
Balance Sheet
The company has 249.08M in cash and 707.64M in debt, giving a net cash position of -458.56M.
| Cash & Cash Equivalents | 249.08M |
| Total Debt | 707.64M |
| Net Cash | -458.56M |
| Retained Earnings | -130.23M |
| Total Assets | 1.56B |
| Working Capital | 527.39M |
Cash Flow
In the last 12 months, operating cash flow was 231.96M and capital expenditures -16.99M, giving a free cash flow of 214.97M.
| Operating Cash Flow | 231.96M |
| Capital Expenditures | -16.99M |
| Free Cash Flow | 214.97M |
| FCF Per Share | 1.42 |
Margins
Gross margin is 26.36%, with operating and profit margins of 13.58% and 8.71%.
| Gross Margin | 26.36% |
| Operating Margin | 13.58% |
| Pretax Margin | 11.24% |
| Profit Margin | 8.71% |
| EBITDA Margin | 17.52% |
| EBIT Margin | 13.58% |
| FCF Margin | 13.64% |
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 | 10.48% |
| FCF Yield | 26.01% |
Analyst Forecast
The average price target for ARRY is $10, which is 83.8% higher than the current price. The consensus rating is "Hold".
| Price Target | $10 |
| Price Target Difference | 83.8% |
| Analyst Consensus | Hold |
| Analyst Count | 21 |
Scores
| Altman Z-Score | 1.25 |
| Piotroski F-Score | 5 |