Moreover, the 36-month beta value for ARRY is 1.64. Analysts have varying opinions on the stock, with 11 analysts rating it as a “buy,” 3 as “overweight,” 13 as “hold,” and 0 as “sell.”
The public float for ARRY is 149.42M and currently, short sellers hold a 15.01% of that float. On February 25, 2025, ARRY’s average trading volume was 5.20M shares.
ARRY) stock’s latest price update
The stock of Array Technologies Inc (NASDAQ: ARRY) has increased by 1.52 when compared to last closing price of 6.59. Despite this, the company has experienced a -1.47% fall in its stock price over the last five trading sessions. seekingalpha.com reported 2025-02-18 that The stock of Array Technologies, which has shown steady improvement over the past 4 months now faces a crucial Q4 earnings event on the 27th of February. Q4 will be yet another quarter of sales decline, but from Q1 the trend is expected to reverse, and management may choose to lift their topline guidance for the whole year. Gross margins could continue to be resilient, but the adjusted EBITDA and cash flow generation may not be particularly robust, despite the potential of improved working capital management.
ARRY’s Market Performance
ARRY’s stock has fallen by -1.47% in the past week, with a monthly drop of -4.02% and a quarterly rise of 9.67%. The volatility ratio for the week is 7.31% while the volatility levels for the last 30 days are 7.11% for Array Technologies Inc The simple moving average for the last 20 days is -4.18% for ARRY stock, with a simple moving average of -18.37% for the last 200 days.
Analysts’ Opinion of ARRY
Many brokerage firms have already submitted their reports for ARRY stocks, with Exane BNP Paribas repeating the rating for ARRY by listing it as a “Neutral.” The predicted price for ARRY in the upcoming period, according to Exane BNP Paribas is $9 based on the research report published on February 06, 2025 of the current year 2025.
Susquehanna, on the other hand, stated in their research note that they expect to see ARRY reach a price target of $7. The rating they have provided for ARRY stocks is “Neutral” according to the report published on January 10th, 2025.
TD Cowen gave a rating of “Hold” to ARRY, setting the target price at $10 in the report published on November 08th of the previous year.
ARRY Trading at 2.30% from the 50-Day Moving Average
After a stumble in the market that brought ARRY to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -56.42% of loss for the given period.
Volatility was left at 7.11%, however, over the last 30 days, the volatility rate increased by 7.31%, as shares sank -5.64% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +9.67% upper at present.
During the last 5 trading sessions, ARRY fell by -1.47%, which changed the moving average for the period of 200-days by -51.31% in comparison to the 20-day moving average, which settled at $6.98. In addition, Array Technologies Inc saw 10.76% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at ARRY starting from Manning Neil, who purchase 5,700 shares at the price of $5.21 back on Dec 16 ’24. After this action, Manning Neil now owns 29,366 shares of Array Technologies Inc, valued at $29,697 using the latest closing price.
Hostetler Kevin G., the Chief Executive Officer of Array Technologies Inc, purchase 14,430 shares at $6.93 during a trade that took place back on Nov 15 ’24, which means that Hostetler Kevin G. is holding 216,802 shares at $100,038 based on the most recent closing price.
Stock Fundamentals for ARRY
Current profitability levels for the company are sitting at:
- -0.05 for the present operating margin
- 0.28 for the gross margin
The net margin for Array Technologies Inc stands at -0.09. The total capital return value is set at -0.05. Equity return is now at value -17.54, with -5.63 for asset returns.
Based on Array Technologies Inc (ARRY), the company’s capital structure generated 0.6 points at debt to capital in total, while cash flow to debt ratio is standing at 0.28. The debt to equity ratio resting at 1.48. The interest coverage ratio of the stock is -1.56.
Currently, EBITDA for the company is 276.21 million with net debt to EBITDA at -23.37. When we switch over and look at the enterprise to sales, we see a ratio of 1.39. The receivables turnover for the company is 3.48for trailing twelve months and the total asset turnover is 0.63. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.41.
Conclusion
To wrap up, the performance of Array Technologies Inc (ARRY) has been mixed in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
