Array Technologies Stock Intrinsic Value – Array Technologies Stock Soars 75.02% From Its 52-Week Low, YTD Performance Remains Strong During Last Session.
January 29, 2023
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Array Technologies Stock Intrinsic Value – Array Technologies ($NASDAQ:ARRY) Inc. is a solar energy technology company that designs, develops and manufactures innovative tracking solutions for utility-scale, commercial and residential photovoltaic systems. The company’s stock has been on a steady rise over the past year, and at the most recent trading session, it rose by 75.02% from its 52-week low. The strong performance of the stock during its last session shows that investors are confident in the company’s future growth prospects. Array Technologies Inc. has also seen positive developments in its business, such as the expansion of its global presence, the launch of new products and services, and the development of partnerships with major energy companies.
These developments have helped to drive its stock performance and increase investor confidence. Its strong financial performance and recent developments in the business have helped to drive its stock performance and increase investor confidence. Investors should continue to monitor the company’s progress and developments to ensure they have a better understanding of the company’s future growth prospects.
Share Price
Despite the generally negative news sentiment surrounding the stock, on Monday it opened at $22.7, closing at $23.2, up by 4.6% from its last closing price of $22.2. These include solar energy solutions, energy storage, and consulting services. The company’s stock has risen nearly 75% from its 52-week low and is now trading above its 52-week high. This surge in the stock price has been attributed to increased investor confidence in the company’s ability to continue delivering strong financial results in the future. Array Technologies Inc. has been able to capitalize on its strong YTD performance by expanding its operations into other areas of the energy sector.
The company is well positioned to take advantage of the rapidly growing demand for renewable energy solutions and is expected to continue to see strong growth in the coming years. The company is well positioned to capitalize on the growing demand for renewable energy solutions and is expected to continue to see strong growth in the future. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Array Technologies. More…
| Total Revenues | Net Income | Net Margin |
| 1.45k | -60.46 | -5.6% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Array Technologies. More…
| Operations | Investing | Financing |
| -189.84 | -15.33 | 537.75 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Array Technologies. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 1.78k | 1.42k | 2.4 |
Key Ratios Snapshot
Some of the financial key ratios for Array Technologies are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 43.2% | – | -3.0% |
| FCF Margin | ROE | ROA |
| -13.5% | -1.5% | -0.3% |
VI Analysis – Array Technologies Stock Intrinsic Value
VI app makes it easy to analyze the long term potential of ARRAY TECHNOLOGIES. According to our proprietary VI Line, the intrinsic value of ARRAY TECHNOLOGIES share is estimated to be around $29.4. However, the current market price of the company’s stock is $23.2, which implies that it is trading at a discounted price of 21.1%. This presents a great investment opportunity for those looking to invest in the company in the long run. The company has been performing well in the past few years, with a steady increase in revenue and profits. The potential growth of the company is further supported by its strong and experienced management team, which is continuously looking for ways to expand its presence in the industry. With its strong financial performance, ARRAY TECHNOLOGIES looks set to benefit from the current market conditions and continue to deliver strong returns for its shareholders in the future. Moreover, the company has a robust product portfolio which is well-received by customers and provides a competitive edge over its peers. The company is continuously innovating and launching new products to keep up with the ever-changing technological landscape. This agility and forward-thinking attitude have kept ARRAY TECHNOLOGIES ahead of its competition, allowing the company to remain competitive in the industry. In conclusion, ARRAY TECHNOLOGIES presents investors with an excellent investment opportunity. With its strong financials, promising product portfolio, and experienced leadership team, the company looks set to continue its impressive performance in the future. Investing in ARRAY TECHNOLOGIES now would ensure that investors can benefit from its growth in the long run. More…
VI Peers
It is a major competitor to other leading solar companies such as Solar Alliance Energy Inc, Shoals Technologies Group Inc, and Sunrun Inc. All of these companies are dedicated to harnessing the power of the sun and providing clean, renewable energy to their customers.
– Solar Alliance Energy Inc ($TSXV:SOLR)
Solar Alliance Energy Inc is a Canadian renewable energy provider that specializes in the design, acquisition, installation and maintenance of solar energy systems for commercial and residential customers. The company has a market cap of 22M as of 2023, and a Return on Equity (ROE) of 66.5%. This indicates that Solar Alliance Energy Inc is a highly profitable and efficient firm, as a high ROE reflects the ability of the company to generate profits from its shareholder’s investments. This also means that the company is able to effectively use its resources to generate returns for its shareholders. The market cap of 22M also demonstrates the company’s potential to grow and expand as it has a solid base of capital to draw on.
– Shoals Technologies Group Inc ($NASDAQ:SHLS)
Shoals Technologies Group Inc. is a leading developer of solar energy solutions and products for the utility, commercial, and residential markets. Founded in 2001, the company is headquartered in Nashville, Tennessee and has offices in China, India, and the US. As of 2023, Shoals Technologies Group Inc. had a market cap of 3.27B and a Return on Equity of 143.31%. This indicates that the company is performing well financially, as it is able to generate a large amount of profits compared to the amount of equity it has invested. The company’s success can be attributed to its focus on delivering innovative solar energy solutions that are reliable and cost-effective.
– Sunrun Inc ($NASDAQ:RUN)
Sunrun Inc is a leading provider of residential solar, battery storage, and energy services. As of 2023, the company has a market cap of 5.92B, indicating that it is one of the largest solar energy companies in the United States. Sunrun’s Return on Equity (ROE) of -3.98% indicates that the company has not been able to generate enough returns on its shareholders’ investment. The company is working towards increasing its ROE in order to improve shareholder returns.
Summary
Array Technologies Inc. has seen an impressive increase in its stock price of 75.02% from its 52-week low, making it a promising investment option. Despite the negative sentiment that has plagued the markets in recent months, Array Technologies’ YTD performance remains strong and their stock price has continued to move up. Investors should consider investing in the company as it is a sound option with a strong track record of financial performance. With the right strategy and research, investors can benefit from the long-term potential of Array Technologies, as it continues to be a reliable investment choice.
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