Array Technologies(ARRY)

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UScellular announces expected name change to Array Digital Infrastructure
Prnewswire· 2025-07-24 20:25
Appoints Doug Chambers as interim President and CEO of Array SMExpects to close on the sale of the wireless operations on August 1CHICAGO, July 24, 2025 /PRNewswire/ -- United States Cellular Corporation (NYSE:USM) announced two developments today, each of which is subject to and will become effective upon the closing of the previously announced sale (the "T-Mobile Transaction") of its wireless operations to T-Mobile US, Inc. The T-Mobile Transaction is expected to close on August 1, 2025, subject to satisf ...
3 Reasons Why Growth Investors Shouldn't Overlook Array Technologies (ARRY)
ZACKS· 2025-07-24 17:46
Core Viewpoint - Growth investors are increasingly focused on stocks with above-average financial growth, but identifying such stocks can be challenging due to inherent risks and volatility [1] Group 1: Company Overview - Array Technologies, Inc. (ARRY) is currently recommended as a cutting-edge growth stock by the Zacks Growth Style Score system, which evaluates a company's real growth prospects [2] - The company has a favorable Growth Score and a top Zacks Rank, indicating strong potential for outperformance [10] Group 2: Earnings Growth - Array Technologies has a historical EPS growth rate of 80.4%, with projected EPS growth of 9.3% for the current year, surpassing the industry average of 7% [4] - Double-digit earnings growth is preferred by growth investors as it signals strong future prospects [3] Group 3: Cash Flow Growth - The company exhibits a year-over-year cash flow growth of 56%, significantly higher than the industry average of -31.9% [5] - Over the past 3-5 years, Array Technologies has maintained an annualized cash flow growth rate of 43.4%, compared to the industry average of 12.6% [6] Group 4: Earnings Estimate Revisions - There have been upward revisions in current-year earnings estimates for Array Technologies, with the Zacks Consensus Estimate increasing by 3.7% over the past month [8] - Positive trends in earnings estimate revisions correlate strongly with near-term stock price movements, indicating favorable conditions for the company [7]
Are Oils-Energy Stocks Lagging Array Technologies (ARRY) This Year?
ZACKS· 2025-07-24 14:41
For those looking to find strong Oils-Energy stocks, it is prudent to search for companies in the group that are outperforming their peers. Array Technologies, Inc. (ARRY) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? By taking a look at the stock's year-to-date performance in comparison to its Oils-Energy peers, we might be able to answer that question.Array Technologies, Inc. is one of 240 companies in the Oils-Ene ...
Why Array Technologies, Inc. (ARRY) is a Top Momentum Stock for the Long-Term
ZACKS· 2025-07-23 14:51
Core Insights - Zacks Premium provides various tools for investors to enhance their stock market engagement and confidence [1] - The Zacks Style Scores serve as complementary indicators to the Zacks Rank, aiding investors in selecting stocks with high potential for market outperformance [2] Zacks Style Scores Overview - Stocks are rated A, B, C, D, or F based on value, growth, and momentum characteristics, with higher scores indicating better chances of outperforming the market [3] - The Style Scores are categorized into four types: Value Score, Growth Score, Momentum Score, and VGM Score [3][4][5][6] Value Score - Focuses on identifying undervalued stocks using financial ratios such as P/E, PEG, Price/Sales, and Price/Cash Flow [3] Growth Score - Evaluates a company's financial health and future outlook through projected and historical earnings, sales, and cash flow [4] Momentum Score - Targets stocks with upward or downward price trends, utilizing one-week price changes and monthly earnings estimate changes to identify optimal buying times [5] VGM Score - Combines the three Style Scores to highlight stocks with attractive value, strong growth forecasts, and promising momentum, serving as a key indicator alongside the Zacks Rank [6] Zacks Rank Integration - The Zacks Rank is a proprietary model based on earnings estimate revisions, with 1 (Strong Buy) stocks achieving an average annual return of +23.62% since 1988, significantly outperforming the S&P 500 [7] - Investors are encouraged to select stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B for optimal success [9] Company Spotlight: Array Technologies, Inc. (ARRY) - Array Technologies is a biopharmaceutical company focused on targeted small molecule drugs for cancer treatment, with a marketed therapy for melanoma [11] - ARRY holds a Zacks Rank of 2 (Buy) and a VGM Score of A, with a Momentum Style Score of B, reflecting a 10.8% increase in shares over the past four weeks [12] - Recent upward revisions in earnings estimates and a Zacks Consensus Estimate increase of $0.03 to $0.66 per share highlight ARRY's strong performance potential [12][13]
Why Array Technologies, Inc. (ARRY) is a Top Value Stock for the Long-Term
ZACKS· 2025-07-21 14:41
Core Insights - Zacks Premium provides various tools for investors to enhance their stock market engagement and confidence [1] - The Zacks Style Scores serve as complementary indicators to the Zacks Rank, helping investors select stocks with high potential for market outperformance [3] Zacks Style Scores Overview - The Zacks Style Scores categorize stocks based on value, growth, and momentum characteristics, assigning ratings from A to F [4] - Value Score focuses on identifying undervalued stocks using financial ratios [4] - Growth Score evaluates a company's financial health and future growth potential [5] - Momentum Score identifies optimal times to invest based on price trends and earnings estimates [6] - VGM Score combines all three styles, providing a comprehensive rating for stocks [7] Zacks Rank and Style Scores Interaction - The Zacks Rank utilizes earnings estimate revisions to guide investors in stock selection, with 1 (Strong Buy) stocks achieving an average annual return of +23.62% since 1988 [8] - There are over 800 top-rated stocks available, making it essential to use Style Scores to narrow down choices [9] - Stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B are recommended for optimal returns [10] Company Spotlight: Array Technologies, Inc. - Array Technologies, Inc. is a biopharmaceutical company focused on targeted small molecule drugs for cancer treatment [12] - The company has a marketed therapy, Braftovi plus Mektovi, approved for specific melanoma cases [12] - Array Technologies holds a Zacks Rank of 2 (Buy) and a VGM Score of A, indicating strong investment potential [13] - The company has a forward P/E ratio of 10.83, appealing to value investors [13] - Recent upward revisions in earnings estimates suggest positive momentum, with a consensus estimate of $0.66 per share for fiscal 2025 [13] - With solid rankings and scores, Array Technologies is recommended for investors [14]
Array Technologies, Inc. (ARRY) Stock Drops Despite Market Gains: Important Facts to Note
ZACKS· 2025-07-17 23:16
Company Performance - Array Technologies, Inc. closed at $6.89, reflecting a -2.13% change from the previous day, underperforming the S&P 500 which gained 0.54% [1] - Over the past month, shares of Array Technologies have decreased by 6.63%, compared to a loss of 1.43% in the Oils-Energy sector and a gain of 4.2% in the S&P 500 [1] Earnings Estimates - The upcoming earnings release is expected to show an EPS of $0.19, indicating a 5% decline year-over-year, with revenue anticipated at $285.71 million, representing an 11.7% increase from the same quarter last year [2] - For the annual period, earnings are projected at $0.64 per share and revenue at $1.1 billion, reflecting increases of +6.67% and +20.39% respectively from the previous year [3] Analyst Sentiment - Recent changes in analyst estimates for Array Technologies are crucial as they often reflect short-term business dynamics, with positive revisions indicating confidence in business performance [3] - The Zacks Consensus EPS estimate has increased by 0.68% over the past month, and Array Technologies currently holds a Zacks Rank of 2 (Buy) [5] Valuation Metrics - Array Technologies is trading at a Forward P/E ratio of 11.09, which is lower than the industry average Forward P/E of 15.91 [6] - The company has a PEG ratio of 0.51, compared to the Solar industry's average PEG ratio of 0.6 [6] Industry Context - The Solar industry, part of the Oils-Energy sector, has a Zacks Industry Rank of 91, placing it in the top 37% of over 250 industries [7] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]
ARRAY Technologies, Inc. Announces Second Quarter 2025 Earnings Release Date and Conference Call
Globenewswire· 2025-07-17 20:05
ALBUQUERQUE, N.M., July 17, 2025 (GLOBE NEWSWIRE) -- ARRAY Technologies, Inc. (the “Company” or “ARRAY”) (Nasdaq: ARRY), a global leader in utility-scale solar tracking, today announced that the Company will release its second quarter 2025 results after the market closes on Thursday, August 7, 2025, to be followed by a conference call at 5:00 p.m. (Eastern Time) that same day. The conference call can be accessed live over the phone by dialing (866)-682-6100 (domestic) or (862)-298-0702 (international), or v ...
Is Array Technologies (ARRY) a Solid Growth Stock? 3 Reasons to Think "Yes"
ZACKS· 2025-07-08 17:46
Core Viewpoint - Growth stocks are appealing due to their potential for above-average financial growth, but identifying those that can fulfill their potential is challenging due to associated risks and volatility [1] Group 1: Company Overview - Array Technologies, Inc. (ARRY) is highlighted as a recommended growth stock with a favorable Growth Score and a top Zacks Rank [2] - The company has a historical EPS growth rate of 80.4%, with projected EPS growth of 9.4% this year, surpassing the industry average of 6.1% [5] Group 2: Financial Metrics - Array Technologies exhibits a year-over-year cash flow growth of 56%, significantly higher than the industry average of -31.9% [6] - The company's annualized cash flow growth rate over the past 3-5 years is 43.4%, compared to the industry average of 12.6% [7] Group 3: Earnings Estimates - There has been a positive trend in earnings estimate revisions for Array Technologies, with the Zacks Consensus Estimate for the current year increasing by 4.5% over the past month [8] - The overall earnings estimate revisions have positioned Array Technologies as a Zacks Rank 2 stock, with a Growth Score of B, indicating potential for outperformance [10]
Is Array Technologies (ARRY) Stock Outpacing Its Oils-Energy Peers This Year?
ZACKS· 2025-07-08 14:41
For those looking to find strong Oils-Energy stocks, it is prudent to search for companies in the group that are outperforming their peers. Is Array Technologies, Inc. (ARRY) one of those stocks right now? A quick glance at the company's year-to-date performance in comparison to the rest of the Oils-Energy sector should help us answer this question.Array Technologies, Inc. is one of 241 individual stocks in the Oils-Energy sector. Collectively, these companies sit at #15 in the Zacks Sector Rank. The Zacks ...
Is Array Technologies (ARRY) Stock Undervalued Right Now?
ZACKS· 2025-07-08 14:40
Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use fundamental analysis and traditional val ...