Array Technologies Inc Ordinary Shares ARRY

Morningstar Rating
$4.08 +0.19 (4.88%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

ARRY is trading at a LOCK|&bQ>S premium.
Price
$3.91
Fair Value
LOCK|S>>mXs
Uncertainty
LOCK|KD fcTl
1-Star Price
LOCK|!l%j%T
5-Star Price
LOCK|T$WCH
Economic Moat
LOCK|!@
Capital Allocation
—

Trading Information

Previous Close Price
$3.89
Day Range
$3.94–4.10
52-Week Range
$3.76–12.23
Bid/Ask
$4.08 / $4.09
Shares Outstanding
154.01M
Market Cap
$628.35M
Volume/Avg
6M / 7M

Key Statistics

Price/Earnings (Normalized)
8.77
Price/Sales
0.50
Dividend Yield (Trailing)
0.00%
Dividend Yield (Forward)
0.00%
Dividend Payment Schedule
—
Total Yield
—

Company Profile

Array Technologies Inc manufacturer of ground-mounting systems used in solar energy projects. The company's segments include: the Array legacy operating segment (Array Legacy Operations) and the STI Operations operating segment (STI Operations). It derives maximum revenue from the Array legacy operating segment. Its product is an integrated system of steel supports, electric motors, gearboxes, and electronic controllers referred to as a single-axis tracker that moves solar panels throughout the day to maintain an optimal orientation to the sun, which increases their energy production. Geographically, the company's operations are in the United States, Australia, Spain, Brazil, and the rest of the world, with the United States deriving the majority of the revenue.
Sector
Technology
Industry
Solar
Stock Style Box
Small Value
Total Number of Employees
1,200

Valuation

Metric
ARRY
Price/Earnings (Normalized)
8.77
Price/Book Value
—
Price/Sales
0.50
Price/Cash Flow
4.09
Price/Earnings
ARRY

Financial Strength

Metric
ARRY
Quick Ratio
1.55
Current Ratio
2.20
Interest Coverage
−2.80
Quick Ratio
ARRY

Profitability

Metric
ARRY
Return on Assets (Normalized)
5.93%
Return on Equity (Normalized)
—
Return on Invested Capital (Normalized)
9.53%
Return on Assets
ARRY

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1-Day Chart
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Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
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LOCK|Ty^!LtLOCK|qYv$18B
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LOCK|#W&?$%LOCK|!l>$12B
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LOCK|kq?R%<LOCK|^?x$4B
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—LOCK|<H$2B
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Xinyi Solar Holdings Ltd ADR
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—LOCK|g!!$2B
SolarEdge Technologies Inc
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LOCK|#YLOCK|D>$2B

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