Array Technologies, Inc.

How big is Array Technologies, Inc.?

As of Jun 18, Array Technologies, Inc. has a market capitalization of 1,133.42 million and net sales of 1,064.77 million, with a net profit of -225.80 million for the latest four quarters. Shareholder's funds are 288.83 million and total assets are 1,426.00 million as of Dec 24.

As of Jun 18, Array Technologies, Inc. has a market capitalization of 1,133.42 million, categorizing it as a Small Cap company.<BR><BR>As of Jun 18, the sum of Net Sales for the latest four quarters is 1,064.77 million, while the sum of Net Profit for the same period is -225.80 million.<BR><BR>As of Dec 24, the reporting period shows Shareholder's Funds at 288.83 million and Total Assets at 1,426.00 million.

What does Array Technologies, Inc. do?

Array Technologies, Inc. manufactures ground-mounting systems for solar energy projects and is classified as a small-cap company with a market cap of approximately $1.13 billion. As of March 2025, it reported net sales of $302 million and a net profit of $17 million.

Overview:<BR>Array Technologies, Inc. is a manufacturer of ground-mounting systems used in solar energy projects, operating within the Other Electrical Equipment industry and classified as a small-cap company.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: 302 Million (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: 17 Million (Quarterly Results - Mar 2025) <BR>Market-cap: USD 1,133.42 Million (Small Cap)<BR><BR>Key Metrics:<BR>P/E: 11.00 <BR>Dividend Yield: 0.00% <BR>Debt Equity: 1.02 <BR>Return on Equity: 31.74% <BR>Price to Book: 3.50<BR><BR>Contact Details:<BR>Address: 3901 Midway Place Ne, ALBUQUERQUE NM: 87109 <BR>Tel: 1 505 8817567 <BR>Fax: 1 505 8817572 <BR>Website: https://arraytechinc.com/

Should I buy, sell or hold Array Technologies, Inc.?

Is Array Technologies, Inc. overvalued or undervalued?

As of November 7, 2024, Array Technologies, Inc. is considered risky and overvalued with a P/E ratio of 11, despite a strong year-to-date return of 33.28%, as its long-term performance shows a decline of -54.83% over three years compared to the S&P 500's 70.41%.

As of 7 November 2024, the valuation grade for Array Technologies, Inc. has moved from expensive to risky, indicating a shift in perception regarding its market value. The company appears to be overvalued based on its current metrics, with a P/E ratio of 11, an EV to EBITDA of 8.91, and a Price to Book Value of 3.54. In comparison, peers such as Fabrinet have a significantly higher P/E ratio of 41.84, while MACOM Technology Solutions Holdings, Inc. shows a risky valuation with a P/E of 73.15.<BR><BR>Despite a strong year-to-date return of 33.28% compared to the S&P 500's 12.22%, the longer-term performance reveals a concerning trend, with a three-year return of -54.83% against the S&P's 70.41%. This suggests that while Array Technologies has had a brief resurgence, its overall valuation remains precarious in the context of its peers and historical performance.

Is Array Technologies, Inc. technically bullish or bearish?

As of October 3, 2025, Array Technologies, Inc. has a bullish technical trend, supported by a bullish MACD and moving averages, despite a mildly bearish monthly Dow Theory, and has outperformed the S&P 500 with a year-to-date return of 47.85%.

As of 3 October 2025, the technical trend for Array Technologies, Inc. has changed from mildly bullish to bullish. The weekly MACD is bullish, supported by bullish daily moving averages and a mildly bullish Bollinger Bands indicator on the monthly timeframe. However, the monthly Dow Theory indicates a mildly bearish stance. The stock has shown strong performance with a year-to-date return of 47.85%, significantly outperforming the S&P 500's return of 14.18% over the same period. Overall, the current technical stance is bullish, with moderate strength driven by the MACD and moving averages.