Array Technologies

Company Description

Array Technologies, Inc. is a provider of solar tracking technology to utility-scale and distributed generation customers, who construct, develop and operate solar photovoltaic (PV) sites. The Company’s segments include Array Legacy Operations and STI Legacy Operations. Its products are a portfolio of integrated solar tracking systems comprised of software and hardware that include component parts such as steel tubing, steel supports, drivelines, center structures, electric motors, motor controller assemblies, bearing assemblies, gearboxes and electronic controllers, commonly referred to as a single-axis tracker. Its flagship tracker uses a patented design that allows one motor to drive multiple rows of solar panels. Its products and services include Tracker Systems; DuraTrack HZ v3; Array STI H250; Array OmniTrack, and SmarTrack Software. SmarTrack is a range of software and control-based products designed for utility-scale solar sites.

Analysis

ANALYSIS: With an Obermatt 360° View of 68 (better than 68% compared with alternatives), overall professional sentiment and financial characteristics for the stock Array Technologies are above average. The 360° View is based on consolidating four consolidated indicators, with half the metrics below and half above average for Array Technologies. The consolidated Value Rank has an attractive rank of 70, which means that the share price of Array Technologies is on the lower side compared with the typical size in indicators such as revenues, profits, and invested capital. This means the stock price is lower than for 70% of alternative stocks in the same industry. The company is also safely financed with a Safety rank of 62. But the professional market sentiment is below average compared with other stock investment alternatives with a Sentiment Rank of 44. Professional investors are more confident in 56% other stocks. The consolidated Growth Rank also has a low rank of 49, which means that the company is below average in terms of growth momentum when looking at financial metrics such as revenue, profit, invested capital growth, and stock returns. 51 of its competitors have better growth. ...read more

Country

USA

Industry Electr. Components & Equipment

Size Small

Website arraytechinc.com

Index

NASDAQ

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