Array Technologies Stock Analysis

ARRY Stock  USD 5.69  0.01  0.18%   
Array Technologies is overvalued with Real Value of 5.1 and Hype Value of 5.69. The main objective of Array Technologies stock analysis is to determine its intrinsic value, which is an estimate of what Array Technologies is worth, separate from its market price. There are two main types of Array Technologies' stock analysis: fundamental analysis and technical analysis.
The Array Technologies stock is traded in the USA on NASDAQ Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Array Technologies is usually not traded on Thanksgiving Day, Christmas Day, New Year 's Day, National Mourning Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day. Array Stock trading window is adjusted to America/New York timezone.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in 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.
For more information on how to buy Array Stock please use our How to Invest in Array Technologies guide.

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 0.7. Array Technologies recorded a loss per share of 1.95. 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 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

Array Technologies Upcoming and Recent Events

Earnings reports are used by Array Technologies to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period..
19th of March 2024
Upcoming Quarterly Report
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14th of May 2024
Next Financial Report
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31st of December 2023
Next Fiscal Quarter End
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19th of March 2024
Next Fiscal Year End
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30th of September 2023
Last Quarter Report
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31st of December 2022
Last Financial Announcement
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Array Technologies Thematic Classifications

In addition to having Array Technologies stock in your portfolios, you can 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 favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Cancer Fighters Idea
Cancer Fighters
Public companies from health care and pharmaceutical sectors that are focused on fighting cancer

Array Market Capitalization

The company currently falls under 'Small-Cap' category with a current market capitalization of 864.96 M.

Array Profitablity

The company has Profit Margin (PM) of (0.26) %, 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 0.09 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.09.

Technical Drivers

As of the 24th of March, Array Technologies shows the Downside Deviation of 4.91, risk adjusted performance of 0.0116, and Mean Deviation of 3.6. 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

Execute Study
The output start index for this execution was nineteen with a total number of output elements of fourty-two. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Array Technologies middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Array Technologies. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Array Technologies Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Array Technologies insiders, such as employees or executives, is commonly permitted as long as it does not rely on Array Technologies' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Array Technologies insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
 
Neil Manning few days ago
Acquisition by Neil Manning of 4882 shares of Array Technologies subject to Rule 16b-3
 
Terrance Collins few days ago
Acquisition by Terrance Collins of 51386 shares of Array Technologies subject to Rule 16b-3
 
Terrance Collins six days ago
Disposition of 1683 shares by Terrance Collins of Array Technologies at 6.1 subject to Rule 16b-3
 
Neil Manning over a week ago
Disposition of 2206 shares by Neil Manning of Array Technologies at 6.03 subject to Rule 16b-3
 
Stacherski Kenneth R. over a month ago
Disposition of 1327 shares by Stacherski Kenneth R. of Array Technologies at 18.394 subject to Rule 16b-3
 
Neil Manning over a month ago
Disposition of 1206 shares by Neil Manning of Array Technologies at 6.79 subject to Rule 16b-3
 
Neil Manning over three months ago
Acquisition by Neil Manning of 5700 shares of Array Technologies at 5.21 subject to Rule 16b-3
 
Iyengar Jayanthi over three months ago
Acquisition by Iyengar Jayanthi of 16269 shares of Array Technologies subject to Rule 16b-3
 
Cheraso Jennifer K. over three months ago
Acquisition by Cheraso Jennifer K. of 28249 shares of Array Technologies subject to Rule 16b-3
 
Tyson Hottinger over six months ago
Disposition of 4448 shares by Tyson Hottinger of Array Technologies at 22.64 subject to Rule 16b-3
 
Travis Rose over six months ago
Disposition of 1529 shares by Travis Rose of Array Technologies at 12.65 subject to Rule 16b-3
 
Tyson Hottinger over six months ago
Disposition of 2076 shares by Tyson Hottinger of Array Technologies at 13.44 subject to Rule 16b-3

Array Technologies Outstanding Bonds

Array Technologies issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Array Technologies uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Array bonds can be classified according to their maturity, which is the date when Array Technologies has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Array Technologies Predictive Daily Indicators

Array Technologies intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Array Technologies stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

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.

About Array Stock Analysis

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.
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.

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As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our stock analysis tools, you can find out how much better you can do when adding Array Technologies to your portfolios without increasing risk or reducing expected return.

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Correlation Analysis

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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.