At the time of writing, Array Technologies Inc [ARRY] stock is trading at $5.04, down -2.14%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The ARRY shares have gain 5.44% over the last week, with a monthly amount glided 16.40%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Array Technologies Inc [NASDAQ: ARRY] stock has seen the most recent analyst activity on March 17, 2025, when RBC Capital Mkts initiated its Sector Perform rating and assigned the stock a price target of $7. Previously, Guggenheim upgraded its rating to Buy on March 07, 2025, and kept the price target unchanged to $10. On February 28, 2025, TD Cowen reiterated its Hold rating and revised its price target to $7 on the stock. Seaport Research Partners downgraded its rating to a Neutral. Exane BNP Paribas upgraded its rating to a Neutral but $9 remained the price target by the analyst firm on February 06, 2025. Susquehanna downgraded its rating to Neutral for this stock on January 10, 2025, but kept the price target unchanged to $7. In a note dated November 08, 2024, TD Cowen reiterated an Hold rating on this stock and revised its target price from $11.50 to $10.
For the past year, the stock price of Array Technologies Inc fluctuated between $3.76 and $14.85. Currently, Wall Street analysts expect the stock to reach $8.83 within the next 12 months. Array Technologies Inc [NASDAQ: ARRY] shares were valued at $5.04 at the most recent close of the market. An investor can expect a potential return of 75.2% based on the average ARRY price forecast.
Analyzing the ARRY fundamentals
According to Array Technologies Inc [NASDAQ:ARRY], the company’s sales were 1.06B for trailing twelve months, which represents an 97.10% jump. Gross Profit Margin for this corporation currently stands at 0.3% with Operating Profit Margin at -0.25%, Pretax Profit Margin comes in at -0.27%, and Net Profit Margin reading is -0.26%. To continue investigating profitability, this company’s Return on Assets is posted at -0.17, Equity is -0.5 and Total Capital is -0.23. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of2.4.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 4.90 points at the first support level, and at 4.75 for the second support level. However, for the 1st resistance point, the stock is sitting at 5.20, and for the 2nd resistance point, it is at 5.36.
Ratios To Look Out For
It is important to note that Array Technologies Inc [NASDAQ:ARRY] has a current ratio of 2.39. As well, the Quick Ratio is 1.93, while the Cash Ratio is 0.83. Considering the valuation of this stock, the price to sales ratio is 0.72.
Transactions by insiders
Recent insider trading involved Manning Neil, President & COO, that happened on Dec 16 ’24 when 5700.0 shares were purchased. Chief Executive Officer, Hostetler Kevin G. completed a deal on Nov 15 ’24 to buy 14430.0 shares. Meanwhile, Former Officer Hottinger Tyson bought 31853.0 shares on Nov 12 ’24.
