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Array Technologies Inc.

NAS: ARRY

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After Hours

 --Quotes are delayed by 20 min

May 7, 2021, 7:58 p.m.

/zigman2/quotes/221735763/composite

$

25.40

Change

+0.04 +0.16%

Volume

Volume 10,577

Quotes are delayed by 20 min

/zigman2/quotes/221735763/composite

Previous close

$ 25.35

$ 25.36

Change

+0.01 +0.04%

Day low

Day high

$25.15

$26.63

Open

52 week low

52 week high

$23.60

$54.78

Open

Company Description

Array Technologies, Inc. manufactures ground-mounting systems used in solar energy projects. The company sells its products to engineering, procurement and construction firms that build solar energy projects and to large solar developers, independent power producers and utilities, master supply agre...

Array Technologies, Inc. manufactures ground-mounting systems used in solar energy projects. The company sells its products to engineering, procurement and construction firms that build solar energy projects and to large solar developers, independent power producers and utilities, master supply agreements or multi-year procurement contracts. It has offices in Europe, Central America, and Australia. The company's products include DuraTrack and SmarTrack. Array Technologies was founded by Ronald P. Corio in 1989 and is headquartered in Albuquerque, NM.

Valuation

P/E Current

54.50

P/E Ratio (without extraordinary items)

92.73

Price to Sales Ratio

6.28

Enterprise Value to EBITDA

38.38

Enterprise Value to Sales

6.64

Total Debt to Enterprise Value

0.07

Efficiency

Revenue/Employee

2,243,347.00

Income Per Employee

151,859.00

Receivables Turnover

7.50

Total Asset Turnover

1.10

Liquidity

Current Ratio

1.30

Quick Ratio

0.89

Cash Ratio

0.38

Profitability

Gross Margin

20.32

Operating Margin

14.16

Pretax Margin

8.91

Net Margin

6.77

Return on Assets

7.46

Return on Equity

52.68

Return on Total Capital

32.95

Return on Invested Capital

18.23

Capital Structure

Total Debt to Total Capital

123.29

Total Debt to Total Assets

64.84

Long-Term Debt to Total Capital

122.05

Officers and Executives

Name Age Officer Since Title
Mr. J. Bradford Forth 54 2016 Chairman
Mr. Stuart Bolland 48 2018 Chief Operating Officer
Mr. Nipul M. Patel - 2019 Chief Financial Officer
Mr. Jovan Kangrga - - Chief Information Officer

Insider Actions

– Purchase – Sale 1 – Number of Transactions
Date Name Shares Transaction Value
03/23/2021 ATI Investment Parent LLC
35,475,457   Disposition at $27.23 per share. 965,996,694
03/23/2021 ATI Investment Parent LLC
237,760   0
12/07/2020 ATI Investment Parent LLC
36,656,250   Disposition at $33.95 per share. 1,244,479,687
10/19/2020 James M. Fusaro
Chief Executive Officer; Director
182,772   Acquisition at $22 per share. 4,020,984
10/19/2020 Charlotte MacVane
See Remarks
77,221   Acquisition at $22 per share. 1,698,862
10/19/2020 Jeffrey P Krantz
Chief Commercial Officer
71,281   Acquisition at $22 per share. 1,568,182
10/19/2020 J. Bradford Forth
Director
60,924   Acquisition at $22 per share. 1,340,328
10/19/2020 Stuart Bolland
Chief Operations Officer
53,461   Acquisition at $22 per share. 1,176,142
10/19/2020 Nipul M. Patel
Chief Financial Officer
37,068   Acquisition at $22 per share. 815,496
10/19/2020 Jennifer Cheraso
Chief Human Resources Officer
25,588   Acquisition at $22 per share. 562,936
10/19/2020 Lucas D. Creasy
Chief Technology Officer
19,191   Acquisition at $22 per share. 422,202
10/19/2020 ATI Investment Parent LLC
47,625,000   Disposition at $22 per share. 1,047,750,000
/news/latest/company/us/arry

MarketWatch News on ARRY

  1. FTC Solar Scores Gain of Nearly 10% on Market Debut

    4:38 p.m. April 28, 2021

    - Barron's Online

  2. Sunrun Stock Gets Upgrade From Goldman Sachs

    12:34 p.m. March 23, 2021

    - Barron's Online

  3. 5 Growing Clean Energy Stocks That Have Dropped Sharply This Year

    5:14 p.m. March 23, 2021

    - Barron's Online

  4. Renewable Energy Stocks, Hot in 2020, Have Turned Cold. Time to Buy?

    10:30 p.m. March 12, 2021

    - Barron's Online

  5. Why Renewable Energy's Slide May Be a Buying Opportunity

    4:30 p.m. March 8, 2021

    - Barron's Online

  6. Array Technologies stock price target cut to $46 from $54 at J.P. Morgan

    8:26 a.m. March 8, 2021

    - Tomi Kilgore

  7. Insurance Broker’s Stock Is Halted as IPO Surges 1,150%

    5:52 p.m. Jan. 27, 2021

    - Barron's Online

  8. Array Technologies upgraded to overweight from neutral at J.P. Morgan

    9:15 a.m. Dec. 9, 2020

    - Tomi Kilgore

  9. Array Technologies started at perform at Oppenheimer

    10:56 a.m. Nov. 9, 2020

    - Tomi Kilgore

  10. Array Technologies started at neutral with $38 stock price target at J.P. Morgan

    8:05 a.m. Nov. 9, 2020

    - Tomi Kilgore

  11. Array Technologies Stock Pops 66% in Expanded IPO

    4:05 p.m. Oct. 15, 2020

    - Barron's Online

  12. A Chinese Retailer’s Stock Jumps in Market Debut

    2:10 p.m. Oct. 15, 2020

    - Barron's Online

/news/nonmarketwatch/company/us/arry

Other News on ARRY

  1. The Anatomy Of My High-Growth Portfolio

    7:32 a.m. May 3, 2021

    - Seeking Alpha

  2. FTC Solar: Perhaps Some Sunshine

    11:12 a.m. May 1, 2021

    - Seeking Alpha

  3. FTC Solar prices IPO well below target range

    10:25 p.m. April 27, 2021

    - Seeking Alpha

  4. Array Technologies (ARRY) Gets a Hold Rating from Oppenheimer

    8:45 a.m. April 27, 2021

    - SmarterAnalyst

  5. Array Technologies secures contract for up to 4GW of trackers

    11:59 p.m. April 26, 2021

    - Seeking Alpha

  6. Amazon, Chipotle, Disney and More Friday Afternoon Analyst Calls

    11:10 a.m. April 16, 2021

    - 247WallSt.com

  7. Why Shares of Array Technologies Plunged 20% in March

    8:15 a.m. April 8, 2021

    - Motley Fool

  8. 3 Recent IPOs to Add to Your Watchlist

    11:26 a.m. April 1, 2021

    - Motley Fool

  9. 14 Solar Stocks Dissected: Opportunities And Overvaluation

    11:34 p.m. March 24, 2021

    - Seeking Alpha

  10. Why Array Technologies Stock Plummeted Today

    11:14 a.m. March 17, 2021

    - Motley Fool

  11. New Strong Sell Stocks for March 15th

    8:36 a.m. March 15, 2021

    - Zacks.com

  12. Loading more headlines...

At a Glance

Array Technologies, Inc.

3901 Midway Place NE

Albuquerque, New Mexico 87109

Phone

1 5058817567

Industry

Networking

Sector

Technology

Fiscal Year-end

12/2021

Revenue

$872.66M

Net Income

$59.07M

2020 Sales Growth

34.7%

Employees

389.00

/news/pressrelease/company/us/arry

Press Releases on ARRY

  1. Array Technologies Secures Contract for up to 4GW of Trackers

    6:19 p.m. April 26, 2021

    - GlobeNewswire

  2. Array Technologies Awarded ISO 9001:2015 Certification

    8:00 a.m. April 13, 2021

    - GlobeNewswire

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