Array Technologies Stock Analysis

Array Stock Analysis Notes

About 100.0% of the company shares are held by institutions such as insurance companies. The company has Price/Earnings To Growth (PEG) ratio of 0.39. Array Technologies recorded a loss per share of 0.98. The entity had not issued any dividends in recent years. Array Technologies, Inc. manufactures and supplies solar tracking systems and related products in the United States and internationally. The company was founded in 1989 and is headquartered in Albuquerque, New Mexico. Array Technologies operates under Solar classification in the United States and is traded on NASDAQ Exchange. It employs 1118 people. For more info on Array Technologies please contact Kevin Hostetler at 505 881 7567 or go to https://arraytechinc.com.

Array Technologies Investment Alerts

Array Technologies Upcoming and Recent Events

Array Largest EPS Surprises

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Array Technologies Environmental, Social, and Governance (ESG) Scores

Array Technologies Thematic Classifications

Array Stock Institutional Investors

Note, although Array Technologies' institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Array Market Capitalization

The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.07 B.

Array Profitablity

The company has Profit Margin (PM) of (0.1) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of 0.13 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.13.

Management Efficiency

Array Technologies has return on total asset (ROA) of 0.0389 % which means that it generated a profit of $0.0389 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.1754) %, meaning that it created substantial loss on money invested by shareholders. Array Technologies' management efficiency ratios could be used to measure how well Array Technologies manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to rise to 0.16 in 2024. Return On Capital Employed is likely to rise to 0.16 in 2024. At this time, Array Technologies' Non Currrent Assets Other are fairly stable compared to the past year. Net Tangible Assets is likely to rise to about 511.8 M in 2024, whereas Total Assets are likely to drop slightly above 1.6 B in 2024.

Technical Drivers

As of the 26th of November, Array Technologies shows the Risk Adjusted Performance of 0.0342, downside deviation of 5.49, and Mean Deviation of 4.46. Array Technologies technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices.

Array Technologies Price Movement Analysis

Array Technologies Insider Trading Activities

Array Technologies Outstanding Bonds

Array Technologies Predictive Daily Indicators

Array Technologies Corporate Filings

Array Technologies Forecast Models

Array Technologies' time-series forecasting models are one of many Array Technologies' stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Array Technologies' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Array Technologies prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Array shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Array Technologies. By using and applying Array Stock analysis, traders can create a robust methodology for identifying Array entry and exit points for their positions.

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Array analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Array analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.

Array Technologies stock analysis indicators help investors evaluate how Array Technologies stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Array Technologies shares will generate the highest return on investment. By understating and applying Array Technologies stock analysis, traders can identify Array Technologies position entry and exit signals to maximize returns.

When running Array Technologies' price analysis, check to measure Array Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Array Technologies is operating at the current time. Most of Array Technologies' value examination focuses on studying past and present price action to predict the probability of Array Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Array Technologies' price. Additionally, you may evaluate how the addition of Array Technologies to your portfolios can decrease your overall portfolio volatility.