FTC Solar

Company Description

FTC Solar, Inc. is a global provider of solar tracker systems, technology, software, and engineering services. Its original two modules-in-portrait (2P) solar tracker system is marketed under the Voyager brand name (Voyager) and its one module-in-portrait (1P) solar tracker system is marketed under the Pioneer brand name (Pioneer). It also has a mounting solution to support the installation and use of U.S.-manufactured thin-film modules. Its primary software offerings include SUNPATH, which helps customers optimize solar tracking for increased energy production, and SUNOPS real-time operations management platform. It assists its U.S. and worldwide clients in site layout, structural design, pile testing and other needs across the solar project development and construction cycle. Its products and services provide tracker solutions for large utility-scale solar and distributed generation projects around the world. It has operations in Australia, China, India, South Africa and Spain.

Analysis

ANALYSIS: With an Obermatt 360° View of 49 (better than 49% compared with alternatives), overall professional sentiment and financial characteristics for the stock FTC Solar are below the industry average. The 360° View is based on consolidating four consolidated indicators, with half of the metrics below and half above average for FTC Solar. The consolidated Value Rank has an attractive rank of 70, which means that the share price of FTC Solar 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 consolidated Growth Rank has a good rank of 89, which means that the company experiences above-average growth momentum when looking at financial metrics such as revenue, profit, and invested capital growth as well as stock returns. But the professional market sentiment is below average compared with other stock investment alternatives with a Sentiment Rank of 25. Professional investors are more confident in 75% other stocks. Worryingly, the company has risky financing, with a Safety rank of 9. This means 91% of comparable companies have a safer financing structure than FTC Solar. ...read more

Country

USA

Industry Electr. Components & Equipment

Size X-Small

Website ftcsolar.com

Index

NASDAQ

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