NasdaqGM - Nasdaq Real Time Price • USD
Array Technologies, Inc. (ARRY)
As of 11:52 AM EDT. Market Open.
Earnings Estimate
| CURRENCY IN USD | Current Qtr. (Mar 2024) | Next Qtr. (Jun 2024) | Current Year (2024) | Next Year (2025) |
|---|---|---|---|---|
| No. of Analysts | 22 | 22 | 23 | 22 |
| Avg. Estimate | -0.03 | 0.16 | 1.08 | 1.43 |
| Low Estimate | -0.08 | 0.08 | 1 | 1.06 |
| High Estimate | 0.03 | 0.27 | 1.17 | 2.2 |
| Year Ago EPS | 0.25 | 0.47 | 1.13 | 1.08 |
Revenue Estimate
| CURRENCY IN USD | Current Qtr. (Mar 2024) | Next Qtr. (Jun 2024) | Current Year (2024) | Next Year (2025) |
|---|---|---|---|---|
| No. of Analysts | 22 | 22 | 27 | 26 |
| Avg. Estimate | 151.92M | 275.73M | 1.36B | 1.7B |
| Low Estimate | 135M | 216.5M | 1.29B | 1.4B |
| High Estimate | 396M | 466M | 1.87B | 2.27B |
| Year Ago Sales | 376.77M | 507.73M | 1.58B | 1.36B |
| Sales Growth (year/est) | -59.70% | -45.70% | -14.00% | 25.40% |
Earnings History
| CURRENCY IN USD | 3/31/2023 | 6/30/2023 | 9/30/2023 | 12/31/2023 |
|---|---|---|---|---|
| EPS Est. | 0.03 | 0.18 | 0.12 | 0.11 |
| EPS Actual | 0.25 | 0.47 | 0.2 | 0.21 |
| Difference | 0.22 | 0.29 | 0.08 | 0.1 |
| Surprise % | 733.30% | 161.10% | 66.70% | 90.90% |
EPS Trend
| CURRENCY IN USD | Current Qtr. (Mar 2024) | Next Qtr. (Jun 2024) | Current Year (2024) | Next Year (2025) |
|---|---|---|---|---|
| Current Estimate | -0.03 | 0.16 | 1.08 | 1.43 |
| 7 Days Ago | -0.03 | 0.16 | 1.08 | 1.43 |
| 30 Days Ago | -0.03 | 0.16 | 1.07 | 1.44 |
| 60 Days Ago | 0.23 | 0.36 | 1.27 | 1.61 |
| 90 Days Ago | 0.23 | 0.37 | 1.29 | 1.67 |
EPS Revisions
| CURRENCY IN USD | Current Qtr. (Mar 2024) | Next Qtr. (Jun 2024) | Current Year (2024) | Next Year (2025) |
|---|---|---|---|---|
| Up Last 7 Days | -- | -- | -- | -- |
| Up Last 30 Days | -- | -- | 2 | 1 |
| Down Last 7 Days | -- | -- | -- | -- |
| Down Last 30 Days | -- | -- | -- | -- |
Growth Estimates
| CURRENCY IN USD | ARRY | Industry | Sector | S&P 500 |
|---|---|---|---|---|
| Current Qtr. | -112.00% | -- | -- | 0.80% |
| Next Qtr. | -66.00% | -- | -- | 9.60% |
| Current Year | -4.40% | -- | -- | 4.50% |
| Next Year | 32.40% | -- | -- | 13.30% |
| Next 5 Years (per annum) | 14.90% | -- | -- | 11.09% |
| Past 5 Years (per annum) | -- | -- | -- | -- |
Research Analysis
Analyst Price Targets
Fair Value
Fair Value is the appropriate price for the shares of a company, based on its earnings and growth rate also interpreted as when P/E Ratio = Growth Rate. Estimated return represents the projected annual return you might expect after purchasing shares in the company and holding them over the default time horizon of 5 years, based on the EPS growth rate that we have projected.
Analyst Recommendations
- Strong Buy
- Buy
- Hold
- Underperform
- Sell
Earnings
Upgrades & Downgrades
| Maintains | Piper Sandler: Neutral to Neutral | 4/11/2024 |
| Maintains | Guggenheim: Buy to Buy | 4/5/2024 |
| Upgrade | Barclays: Equal-Weight to Overweight | 4/2/2024 |
| Initiated | BMO Capital: Market Perform | 3/22/2024 |
| Initiated | Keybanc: Sector Weight | 3/5/2024 |
| Maintains | Goldman Sachs: Buy to Buy | 2/29/2024 |
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