ARRY:NSD-Array Technologies, Inc (USD)

COMMON STOCK | Solar | NSD

Last Closing Price

USD 34.22

Change

0.00 (0.00)%

Market Cap

USD 4.35B

Volume

2.78M

Average Target Price

USD 44.21 (+29.21%)
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict

About

Array Technologies, Inc. provides solar tracking solutions and services for utility-scale projects. Its products include DuraTrack HZ v3, a single-axis solar tracking system; and SmarTrack, a machine learning software that automatically adjusts module angles in response to weather and site conditions. The company was founded in 1989 and is based in Albuquerque, New Mexico with additional offices in Europe, Central America, and Australia. Address: 3901 Midway Place NE, Albuquerque, NM, United States, 87109

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2021-03-06 )

Largest Industry Peers for Solar

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
ENPH Enphase Energy, Inc

N/A

USD19.21B 151.90 142.75
SEDG SolarEdge Technologies, Inc

N/A

USD12.87B 93.77 67.66
RUN Sunrun Inc

N/A

USD10.63B 894.00 699.27
FSLR First Solar, Inc

N/A

USD7.81B 19.76 11.90
SPWR SunPower Corporation

N/A

USD5.23B 12.37 8.26
CSIQ Canadian Solar Inc

N/A

USD2.40B 11.79 14.90
SUNW Sunworks, Inc

N/A

USD0.25B N/A N/A
BEEM Beam Global

N/A

USD0.24B N/A N/A
SPI SPI Energy Co., Ltd

N/A

USD0.16B N/A 1,856.88
VVPR VivoPower International PLC

N/A

USD0.13B 8.30 779.31

ETFs Containing ARRY

Symbol Name Weight Mer Price(Change) Market Cap

N/A

Market Performance

  Market Performance vs.
Industry/Classification (Solar)
Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -22.54% 33% F 6% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -22.54% 33% F 6% F
Trailing 12 Months  
Capital Gain -28.48% 9% F 6% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -28.48% 9% F 6% F
Trailing 5 Years  
Capital Gain 982.91% 89% B+ 97% A+
Dividend Return N/A N/A N/A N/A N/A
Total Return 982.91% 89% B+ 97% A+
Average Annual (5 Year Horizon)  
Capital Gain 88.57% 73% C 94% A
Dividend Return N/A N/A N/A N/A N/A
Total Return 88.57% 73% C 94% A
Risk Return Profile  
Volatility (Standard Deviation) 76.25% 82% B- 17% F
Risk Adjusted Return 116.17% 82% B- 95% A
Market Capitalization 4.35B 58% F 83% B
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 87%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Key Financial Ratios

  Ratio vs. Industry/Classification
(Solar)
Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 42.94 44% F 26% F
Price/Book Ratio 12.48 64% D 15% F
Price / Cash Flow Ratio 11.26 33% F 35% F
EV/EBITDA 28.71 70% C- 32% F
Management Effectiveness  
Return on Equity N/A N/A N/A N/A N/A
Return on Invested Capital 14.24% 92% A- 87% B+
Return on Assets N/A N/A N/A N/A N/A
Debt to Equity Ratio N/A N/A N/A N/A N/A
Technical Ratios  
Short Ratio 3.20 25% F 38% F
Short Percent 27.33% 8% F 6% F
Beta 1.65 33% F 24% F
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

Fundamental Analysis Breakdown

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

Superior capital utilization

The company management has delivered better return on invested capital in the most recent 4 quarters than its peers, placing it in the top quartile.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Superior Revenue Growth

This stock has shown top quartile revenue growth in the previous 5 years compared to its sector.

What to not like:
Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Overpriced on free cash flow basis

The stock is trading high compared to its peers on a price to free cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.