Array Technologies Stock Buy Hold or Sell Recommendation
| ARRY Stock | USD 5.70 0.29 4.84% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Array Technologies is 'Strong Sell'. A buy or sell recommendation is an automated directive regarding whether to purchase or sell Array Technologies given historical horizon and risk tolerance. When we issue a 'buy' or 'sell' recommendation for Array Technologies, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Array Technologies Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For more information on how to buy Array Stock please use our How to Invest in Array Technologies guide. In addition, we conduct extensive research on individual companies such as Array and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Array Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
Array |
Execute Array Technologies Buy or Sell Advice
The Array recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Array Technologies. Macroaxis does not own or have any residual interests in Array Technologies or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Array Technologies' advice using the current market data and latest reported fundamentals.
Time Horizon
9 Months |
Risk Tolerance
I am an educated risk taker |
 |  |
Strong Sell
Market Performance | Insignificant | Details | |
Volatility | Relatively risky | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Buy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unavailable | Details |
Array Technologies Trading Alerts and Improvement Suggestions
| Array Technologies had very high historical volatility over the last 90 days | |
| The company reported the previous year's revenue of 915.81 M. Net Loss for the year was (240.39 M) with profit before overhead, payroll, taxes, and interest of 293.68 M. | |
| Over 100.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from MacroaxisInsider: Acquisition by Neil Manning of 4882 shares of Array Technologies subject to Rule 16b-3 |
Array Technologies Returns Distribution Density
The distribution of Array Technologies' historical returns is an attempt to chart the uncertainty of Array Technologies' future price movements. The chart of the probability distribution of Array Technologies daily returns describes the distribution of returns around its average expected value. We use Array Technologies price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Array Technologies returns is essential to provide solid investment advice for Array Technologies.
| Mean Return | 0.21 |
| Value At Risk | -6.3 |
| Potential Upside | 9.08 |
| Standard Deviation | 5.24 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Array Technologies historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Array Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument, such as Array Technologies, soars without any apparent reason? This usually happens because many institutional investors are aggressively trading Array Technologies back and forth among themselves.
| Shares | |||
| Amundi | 2024-12-31 | 4.3 M | |
| Swedbank Ab | 2024-12-31 | 3.9 M | |
| Geode Capital Management, Llc | 2024-12-31 | 3.5 M | |
| Point72 Asset Management, L.p. | 2024-12-31 | 3.5 M | |
| Assenagon Asset Management Sa | 2024-12-31 | 3.1 M | |
| Erste Asset Management Gmbh | 2024-12-31 | 2.7 M | |
| Electron Capital Partners, Llc | 2024-12-31 | 2.6 M | |
| Goldman Sachs Group Inc | 2024-12-31 | 2.3 M | |
| Invenomic Capital Management, Lp | 2024-12-31 | 1.9 M | |
| Blackrock Inc | 2024-12-31 | 15 M | |
| Vanguard Group Inc | 2024-12-31 | 14.7 M |
Array Technologies Cash Flow Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Change To Inventory | 28.3M | (88.2M) | 20.9M | 66.7M | 2.9M | 2.8M | |
| Change In Cash | (252.8M) | 259.2M | (233.8M) | 115.2M | 115.1M | 120.8M | |
| Free Cash Flow | (123.5M) | (266.5M) | 130.9M | 215.0M | 146.7M | 154.0M | |
| Depreciation | 27.5M | 25.9M | 101.1M | 54.8M | 38.2M | 36.3M | |
| Capital Expenditures | 1.3M | 3.4M | 10.6M | 17.0M | 7.3M | 6.9M | |
| Net Income | 59.1M | (50.4M) | 4.4M | 137.2M | (240.4M) | (252.4M) | |
| End Period Cash Flow | 108.4M | 367.7M | 133.9M | 249.1M | 364.1M | 345.9M | |
| Other Non Cash Items | 36.0M | 18.8M | 10.5M | 26.7M | 383.5M | 364.3M | |
| Investments | (1.3M) | (15.3M) | (384.4M) | (15.5M) | (9.6M) | (10.1M) | |
| Net Borrowings | (64.1M) | 356.7M | 280.1M | (18.0M) | (20.8M) | (19.7M) | |
| Change To Netincome | 25.7M | 34.7M | 7.4M | (19.4M) | (17.4M) | (16.5M) |
Array Technologies Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Array Technologies or Electrical Equipment sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Array Technologies' price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Array stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.13 | |
β | Beta against Dow Jones | -0.92 | |
σ | Overall volatility | 5.34 | |
Ir | Information ratio | 0.05 |
Array Technologies Volatility Alert
Array Technologies exhibits above-average semi-deviation for your current time horizon. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Array Technologies' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Array Technologies' stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Array Technologies Fundamentals Vs Peers
Comparing Array Technologies' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Array Technologies' direct or indirect competition across all of the common fundamentals between Array Technologies and the related equities. This way, we can detect undervalued stocks with similar characteristics as Array Technologies or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Array Technologies' fundamental indicators could also be used in its relative valuation, which is a method of valuing Array Technologies by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Array Technologies to competition |
| Fundamentals | Array Technologies | Peer Average |
| Return On Equity | -0.53 | -0.31 |
| Return On Asset | 0.0387 | -0.14 |
| Profit Margin | (0.26) % | (1.27) % |
| Operating Margin | 0.09 % | (5.51) % |
| Current Valuation | 1.65 B | 16.62 B |
| Shares Outstanding | 152.01 M | 571.82 M |
| Shares Owned By Insiders | 0.32 % | 10.09 % |
| Shares Owned By Institutions | 99.68 % | 39.21 % |
| Number Of Shares Shorted | 21.77 M | 4.71 M |
| Price To Earning | 41.98 X | 28.72 X |
| Price To Book | 5.03 X | 9.51 X |
| Price To Sales | 1.02 X | 11.42 X |
| Revenue | 915.81 M | 9.43 B |
| Gross Profit | 293.68 M | 27.38 B |
| EBITDA | (162.97 M) | 3.9 B |
| Net Income | (240.39 M) | 570.98 M |
| Cash And Equivalents | 62.78 M | 2.7 B |
| Cash Per Share | 0.42 X | 5.01 X |
| Total Debt | 30.71 M | 5.32 B |
| Debt To Equity | 2.25 % | 48.70 % |
| Current Ratio | 1.70 X | 2.16 X |
| Book Value Per Share | (0.78) X | 1.93 K |
| Cash Flow From Operations | 153.98 M | 971.22 M |
| Short Ratio | 3.98 X | 4.00 X |
| Earnings Per Share | (1.91) X | 3.12 X |
| Price To Earnings To Growth | 0.74 X | 4.89 X |
| Target Price | 8.6 | |
| Number Of Employees | 1.02 K | 18.84 K |
| Beta | 1.69 | -0.15 |
| Market Capitalization | 931.85 M | 19.03 B |
| Total Asset | 1.43 B | 29.47 B |
| Retained Earnings | (370.62 M) | 9.33 B |
| Working Capital | 560.91 M | 1.48 B |
Note: Acquisition by Neil Manning of 4882 shares of Array Technologies subject to Rule 16b-3 [view details]
Array Technologies Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Array . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Array Technologies Buy or Sell Advice
When is the right time to buy or sell Array Technologies? Buying financial instruments such as Array Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Array Technologies in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Farming
Companies producing farming products and providing services for farmers. The Farming theme has 46 constituents at this time.
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Additional Tools for Array Stock Analysis
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.