Array Technologies Stock Analysis
| ARRY Stock | USD 11.33 0.38 3.25% |
Array Technologies holds a debt-to-equity ratio of 2.252. With a high degree of financial leverage come high-interest payments, which usually reduce Array Technologies' Earnings Per Share (EPS).
Asset vs Debt
Equity vs Debt
Array Technologies' liquidity is one of the most fundamental aspects of both its future profitability and its ability to meet different types of ongoing financial obligations. Array Technologies' cash, liquid assets, total liabilities, and shareholder equity can be utilized to evaluate how much leverage the Company is using to sustain its current operations. For traders, higher-leverage indicators usually imply a higher risk to shareholders. In addition, it helps Array Stock's retail investors understand whether an upcoming fall or rise in the market will negatively affect Array Technologies' stakeholders.
For most companies, including Array Technologies, marketable securities, inventories, and receivables are the most common assets that could be converted to cash. However, for Array Technologies, the most critical issue when managing liquidity is ensuring that current assets are properly aligned with current liabilities. If they are not, Array Technologies' management will need to obtain alternative financing to ensure there are always enough cash equivalents on the balance sheet to meet obligations.
Given that Array Technologies' debt-to-equity ratio measures a Company's obligations relative to the value of its net assets, it is usually used by traders to estimate the extent to which Array Technologies is acquiring new debt as a mechanism of leveraging its assets. A high debt-to-equity ratio is generally associated with increased risk, implying that it has been aggressive in financing its growth with debt. Another way to look at debt-to-equity ratios is to compare the overall debt load of Array Technologies to its assets or equity, showing how much of the company assets belong to shareholders vs. creditors. If shareholders own more assets, Array Technologies is said to be less leveraged. If creditors hold a majority of Array Technologies' assets, the Company is said to be highly leveraged.
Array Technologies is overvalued with Real Value of 8.61 and Hype Value of 11.29. 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 Labour Day, Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day ( substitute day ), Independence 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 producer price index. Array Stock Analysis Notes
About 99.0% of the company shares are held by institutions such as insurance companies. The company has Price/Earnings To Growth (PEG) ratio of 1.02. Array Technologies recorded a loss per share of 0.59. 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 appears to be risky and price may revert if volatility continues | |
| 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 357.54 M. | |
| Over 99.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from finance.yahoo.com: MAYBELLINE NEW YORK ANNOUNCES TEENS IN TIMES AS BRAND AMBASSADORS AND GLOBAL PARTNERS |
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.
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Array Market Capitalization
The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.73 B.Array Profitablity
The company has Profit Margin (PM) of (0.02) %, 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 0.14 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.14.Technical Drivers
As of the 1st of February, Array Technologies shows the Downside Deviation of 4.97, risk adjusted performance of 0.0985, and Mean Deviation of 3.8. 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
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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.
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.
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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.Array Technologies Debt to Cash Allocation
As Array Technologies follows its natural business cycle, the capital allocation decisions will not magically go away. Array Technologies' decision-makers have to determine if most of the cash flows will be poured back into or reinvested in the business, reserved for other projects beyond operational needs, or paid back to stakeholders and investors.
Array Technologies currently holds 692.58 M in liabilities with Debt to Equity (D/E) ratio of 2.25, implying the company greatly relies on financing operations through barrowing. Array Technologies has a current ratio of 1.67, which is within standard range for the sector. Note, when we think about Array Technologies' use of debt, we should always consider it together with its cash and equity.Array Technologies Assets Financed by Debt
Typically, companies with high debt-to-asset ratios are said to be highly leveraged. The higher the ratio, the greater risk will be associated with the Array Technologies' operation. In addition, a high debt-to-assets ratio may indicate a low borrowing capacity of Array Technologies, which in turn will lower the firm's financial flexibility.Array Technologies Corporate Bonds Issued
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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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.