Is Array Technologies Inc (NASDAQ: ARRY) The Best Stock To Invest In?

After Hours

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility.

Stocks Info

Array Technologies Inc is listed on the NASDAQ in the Technology sector while operating in the Solar industry. The current market capitalization of Array Technologies Inc is $954.98M. A total of 3.31 million shares were traded on the day, compared to an average of 6.54M shares.

In the most recent transaction, Manning Neil bought 5,700 shares of ARRY for 5.21 per share on Dec 16 ’24. After the transaction, the President & COO now owns 29,366 company shares. In a previous transaction on Nov 15 ’24, Hostetler Kevin G. bought 14,430 shares at 6.93 per share. ARRY shares that Chief Executive Officer owns now total 216,802.

Among the insiders who bought shares, Hottinger Tyson acquired of 31,853 shares on Nov 12 ’24 at a per-share price of $6.28. In another insider transaction, Hostetler Kevin G. sold 8,176 shares at $12.30 per share on Mar 20 ’24. Company shares held by the Chief Executive Officer now total 217,352.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. In terms of 52-week highs and lows, ARRY has a high of $17.75 and a low of $5.15.

As of this writing, ARRY has an earnings estimate of $0.18 per share for the current quarter. EPS was calculated based on a consensus of 21.0 estimates, with a high estimate of $0.25 per share and a lower estimate of $0.11.

Balance Sheet Annually/Quarterly

As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information. ARRY’s latest balance sheet shows that the firm has $367.67M in Cash & Short Term Investments as of fiscal 2021. There were $721.26M in debt and $245.31M in liabilities at the time. Its Book Value Per Share was $0.42, while its Total Shareholder’s Equity was $168.26M.

Analysts Opinion

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for ARRY is Buy with a score of 4.04.

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