Array

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About Array

Array Technologies, Inc. is a manufacturer of ground-mounting systems used in solar energy projects. The Company’s principal product is an integrated system of steel supports, electric motors, gearboxes and electronic controllers. It sells its products to engineering, procurement and construction firms (EPCs) that build solar energy projects and to solar developers, independent power producers and utilities, often under master supply agreements or multi-year procurement contracts. The Company’s DuraTrack HZ v3 is single axis tracker and incorporates features, such as a single bolt per module mounting system. SmarTrack uses site-specific historical weather and energy production data, in combination with machine learning algorithms, to identify the position for a solar array in real time.

Stock Analysis

last close $10.68
1-mo return -34.2%
3-mo return -43.9%
avg daily vol. 3.18M
52-week high 52.76
52-week low 10.67
market cap. $1.4B
forward pe 29.3
annual div. -
roe -24.3%
ltg forecast -
dividend yield -
annual rev. $821M
inst own. -
baraka

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