Is Broadcom Stock Overvalued?
The semiconductor company Broadcom Inc. (NASDAQ:AVGO) is having a stellar…
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ARRY Quote, Financials, Valuation and Earnings
Last price:
$6.45
Seasonality move
:
-19.17%
Day range:
$6.26 - $6.61
52-week range:
$5.15 - $16.22
Dividend yield:
0%
P/E ratio:
55.92x
P/S ratio:
0.99x
P/B ratio:
15.15x
Volume:
4.5M
Avg. volume:
5.6M
1-year change:
-56.58%
Market cap:
$977M
Revenue:
$1.6B
EPS (TTM):
-$0.97
Analysts' Opinion
-
Consensus RatingArray Technologies has received a consensus rating of Buy. The company's average rating is a Buy based on 12 Buy ratings, 11 Hold ratings, and 0 Sell ratings.
-
Price Target UpsideAccording to analysts' consensus price target of $10.22, Array Technologies has an estimated upside of 58.94% from its current price of $6.43.
-
Price Target DownsideAccording to analysts, the lowest downside price target is $4.50 representing 30.02% downside risk from its current price of $6.43.
Fair Value
-
According to the consensus of 23 analysts, Array Technologies has 58.94% upside to fair value with a price target of $10.22 per share.
ARRY vs. S&P 500
-
Over the past 5 trading days, Array Technologies has underperformed the S&P 500 by -2.71% suggesting its relative strength compared to the major market average is weak at this time.
Share Buyback
-
Array Technologies does not have a share repurchase program in place at this time. The scale of a buyback program can materially affect share price and usually results in a higher earnings per share, all else being equal, when the share count drops.
Revenue Growth
-
Array Technologies revenues have been falling on a year-over-year basis for 5 quarters in a row. In the most recent quarter Array Technologies reported revenues of $231.4M.
Earnings Growth
-
Array Technologies earnings have been falling on a year-over-year basis for 1 quarter in a row. In the most recent quarter Array Technologies reported earnings per share of -$1.02.
Enterprise value:
1.7B
EV / Invested capital:
--
Price / LTM sales:
0.99x
EV / EBIT:
13.91x
EV / Revenue:
1.74x
PEG ratio (5yr expected):
0.09x
EV / Free cash flow:
9.55x
Price / Operating cash flow:
5.44x
Enterprise value / EBITDA:
170.91x
Gross Profit (TTM):
$303.6M
Return On Assets:
-5.65%
Net Income Margin (TTM):
-9.59%
Return On Equity:
-16.47%
Return On Invested Capital:
-7.5%
Operating Margin:
12.66%
| Trailing 12 Months | Fiscal Quarters | |||||
|---|---|---|---|---|---|---|
| Period Ending | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2023-09-30 | 2024-09-30 | |
| Income Statement | ||||||
| Revenue | $1.5B | $1.6B | $982.2M | $350.4M | $231.4M | |
| Gross Profit | $138.8M | $408.2M | $303.6M | $87.4M | $78.3M | |
| Operating Income | -$58.9M | $204M | $108M | $40.4M | $29.3M | |
| EBITDA | $71.5M | $278.9M | $10M | $56.9M | -$116M | |
| Diluted EPS | -$0.42 | $0.41 | -$0.97 | $0.07 | -$1.02 | |
| Period Ending | 2020-09-30 | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | |
|---|---|---|---|---|---|---|
| Balance Sheet | ||||||
| Current Assets | $264.6M | $491.6M | $871.8M | $863.1M | $902.3M | |
| Total Assets | $552.3M | $776.6M | $1.7B | $1.8B | $1.6B | |
| Current Liabilities | $146.7M | $214.5M | $513.1M | $400.5M | $374.9M | |
| Total Liabilities | $175M | $534M | $1.3B | $1.2B | $1.1B | |
| Total Equity | $377.3M | $242.6M | $349.4M | $616.4M | $457.1M | |
| Total Debt | $102K | $303.5M | $772.8M | $697.6M | $676.4M | |
| Trailing 12 Months | Fiscal Quarters | |||||
|---|---|---|---|---|---|---|
| Period Ending | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2023-09-30 | 2024-09-30 | |
| Cash Flow Statement | ||||||
| Cash Flow Operations | -$53.3M | $235.4M | $190.4M | $71.6M | $44.9M | |
| Cash From Investing | -$381.6M | -$15.5M | $1.2M | -$2.2M | $10.9M | |
| Cash From Financing | $382.9M | -$109.1M | -$29.6M | -$45.1M | -$8.1M | |
| Free Cash Flow | -$61.1M | $219.9M | $179.4M | $69.4M | $43.9M | |
ARRY
Sector
Market Cap
$977M
$745.4M
Price % of 52-Week High
39.64%
77.36%
Dividend Yield
0%
0%
Shareholder Yield
--
2.31%
1-Year Price Total Return
-56.58%
-1.9%
Beta (5-Year)
--
0.915
Dividend yield:
0%
Annualized payout:
$0.00
Payout ratio:
--
Growth streak:
0 years
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Technicals
8-day SMA
Sell
Level
$6.53
200-day SMA
Sell
Level
$9.13
Bollinger Bands (100)
Sell
Level
5.98 - 6.92
Chaikin Money Flow
Sell
Level
-298.1M
20-day SMA
Buy
Level
$5.99
Relative Strength Index (RSI14)
Buy
Level
53.12
ADX Line
Buy
Level
39.54
Williams %R
Neutral
Level
-38.3202
50-day SMA
Buy
Level
$6.31
MACD (12, 26)
Buy
Level
0.13
25-day Aroon Oscillator
Buy
Level
52
On Balance Volume
Sell
Level
-69.4M
Financial Scores
Buy
Altman Z-Score
(Annual)
Level (3.177)
Sell
CA Score
(Annual)
Level (-0.4215)
Buy
Beneish M-Score
(Annual)
Level (-3.1434)
Sell
Momentum Score
Level (2)
Buy
Ohlson Score
Level (-0.154)
Buy
Piotroski F Score
(Annual)
Level (8)
Sell
Quality Ratio Score
Level (3)
Sell
Fundamental Score
Level (6)
Revenue Forecast
Earnings per Share Forecast
Company Profile
Array Technologies Inc manufacturer of ground-mounting systems used in solar energy projects. The company's product is an integrated system of steel supports, electric motors, gearboxes and electronic controllers referred to as a single-axis tracker that move solar panels throughout the day to maintain an optimal orientation to the sun, which increases their energy production. Its operations are in the United States, Australia, Spain, Brazil and Rest of the World with the United States deriving the majority of the revenue.
Stock Forecast FAQ
In the current month, ARRY has received 12 Buy ratings 11 Hold ratings, and 0 Sell ratings. The ARRY average analyst price target in the past 3 months is $10.22.
-
Where Will Array Technologies Stock Be In 1 Year?
According to analysts, the consensus estimate is that Array Technologies share price will rise to $10.22 per share over the next 12 months.
-
What Do Analysts Say About Array Technologies?
Analysts are divided on their view about Array Technologies share price and where it will be in the next 12 months. The majority of analysts rate the stock a Buy. However, a smaller subset of analysts suggest that Array Technologies is a Sell and believe this share price will drop from its current level to $4.50.
-
What Is Array Technologies's Price Target?
The price target for Array Technologies over the next 1-year time period is forecast to be $10.22 according to 23 Wall Street analysts, 12 of them rate the stock a Buy, 0 rate the stock a Sell, and 11 analysts rate the stock a Hold.
-
Is ARRY A Buy, Sell Or Hold?
According to Wall Street analysts, the consensus rating for Array Technologies is a Buy. 12 of 23 analysts rate the stock a Buy at this time.
-
How Can I Buy Shares Of ARRY?
You can purchase shares of Array Technologies via an online brokerage firm such as TD Ameritrade.com, thinkorswim.com, e-trade.com, TastyTrade.com, or Schwab.com. Many other digital online brokerages exist such as RobinHood and Webull where you can purchase Array Technologies shares.
-
What Is The Array Technologies Share Price Today?
Array Technologies was last trading at $6.45 per share. This represents the most recent stock quote for Array Technologies. Yesterday, Array Technologies closed at $6.43 per share.
-
How To Buy Array Technologies Stock Online?
In order to purchase Array Technologies stock online, open a brokerage account, deposit funds into the account, and select an order type to purchase shares whether it be market or limit.
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