Array Technologies Inc. (ARRY)
Array Statistics
Share Statistics
Array has 152.51M shares outstanding. The number of shares has increased by 0.16% in one year.
| Shares Outstanding | 152.51M |
| Shares Change (YoY) | 0.16% |
| Shares Change (QoQ) | 0.05% |
| Owned by Institutions (%) | 99.99% |
| Shares Floating | 150.02M |
| Failed to Deliver (FTD) Shares | 5.63K |
| FTD / Avg. Volume | 0.11% |
Short Selling Information
The latest short interest is 21.05M, so 13.8% of the outstanding shares have been sold short.
| Short Interest | 21.05M |
| Short % of Shares Out | 13.8% |
| Short % of Float | 15.41% |
| Short Ratio (days to cover) | 4.8 |
Valuation Ratios
The PE ratio is -3.81 and the forward PE ratio is 5.77. Array's PEG ratio is 0.01.
| PE Ratio | -3.81 |
| Forward PE | 5.77 |
| PS Ratio | 1 |
| Forward PS | 0.5 |
| PB Ratio | 3.17 |
| P/FCF Ratio | 6.25 |
| PEG Ratio | 0.01 |
Enterprise Valuation
Currently the Enterprise Value (EV) is not available for Array.
| EV / Sales | n/a |
| EV / EBITDA | n/a |
| EV / EBIT | n/a |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 2.28, with a Debt / Equity ratio of 2.4.
| Current Ratio | 2.28 |
| Quick Ratio | 1.82 |
| Debt / Equity | 2.4 |
| Debt / EBITDA | -4.25 |
| Debt / FCF | 4.72 |
| Interest Coverage | -6.52 |
Financial Efficiency
Return on Equity is n/a and Return on Invested Capital is n/a.
| Return on Equity | n/a |
| Return on Assets | n/a |
| Return on Invested Capital | n/a |
| Revenue Per Employee | $896.97K |
| Profits Per Employee | $-235.45K |
| Employee Count | 1,021 |
| Asset Turnover | 0.64 |
| Inventory Turnover | 3.08 |
Taxes
| Income Tax | -10.18M |
| Effective Tax Rate | 4.06% |
Stock Price Statistics
The stock price has increased by -60.49% in the last 52 weeks. The beta is 1.66, so Array's price volatility has been higher than the market average.
| Beta | 1.66 |
| 52-Week Price Change | -60.49% |
| 50-Day Moving Average | 5.29 |
| 200-Day Moving Average | 6.59 |
| Relative Strength Index (RSI) | 55.02 |
| Average Volume (20 Days) | 5.02M |
Income Statement
In the last 12 months, Array had revenue of 915.81M and earned -240.39M in profits. Earnings per share was -1.95.
| Revenue | 915.81M |
| Gross Profit | 297.68M |
| Operating Income | -227M |
| Net Income | -240.39M |
| EBITDA | -162.97M |
| EBIT | -215.75M |
| Earnings Per Share (EPS) | -1.95 |
Balance Sheet
The company has 362.99M in cash and 692.58M in debt, giving a net cash position of -329.58M.
| Cash & Cash Equivalents | 362.99M |
| Total Debt | 692.58M |
| Net Cash | -329.58M |
| Retained Earnings | 0 |
| Total Assets | 1.43B |
| Working Capital | 560.91M |
Cash Flow
In the last 12 months, operating cash flow was 153.98M and capital expenditures -7.3M, giving a free cash flow of 146.68M.
| Operating Cash Flow | 153.98M |
| Capital Expenditures | -7.3M |
| Free Cash Flow | 146.68M |
| FCF Per Share | 0.97 |
Margins
Gross margin is 32.5%, with operating and profit margins of -24.79% and -26.25%.
| Gross Margin | 32.5% |
| Operating Margin | -24.79% |
| Pretax Margin | -27.36% |
| Profit Margin | -26.25% |
| EBITDA Margin | -17.8% |
| EBIT Margin | -24.79% |
| FCF Margin | 16.02% |
Dividends & Yields
ARRY does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Payout Ratio | n/a |
| Earnings Yield | n/a |
| FCF Yield | n/a |
Analyst Forecast
The average price target for ARRY is $9, which is 74.4% higher than the current price. The consensus rating is "Hold".
| Price Target | $9 |
| Price Target Difference | 74.4% |
| Analyst Consensus | Hold |
| Analyst Count | 21 |
Scores
| Altman Z-Score | 0.62 |
| Piotroski F-Score | 4 |