Array Technologies(ARRY) ZACKS·2025-02-11 00:21Company Performance - Array Technologies, Inc. closed at 0.17, reflecting a 19.05% decrease from the same quarter last year [2] - Revenue is estimated to be $266.83 million, indicating a 21.89% decrease compared to the same quarter of the previous year [2] Analyst Estimates - Changes in analyst estimates for Array Technologies, Inc. are important as they reflect shifting business dynamics, with positive revisions indicating a favorable outlook on the company's health and profitability [3] - The Zacks Consensus EPS estimate has moved 0.17% lower over the last 30 days, and the company currently holds a Zacks Rank of 3 (Hold) [5] Valuation Metrics - Array Technologies, Inc. is trading at a Forward P/E ratio of 9.49, which is a discount compared to the industry average Forward P/E of 9.85 [6] - The company's PEG ratio is currently 0.8, while the average PEG ratio for solar stocks is 0.67 [6] Industry Context - The Solar industry, part of the Oils-Energy sector, has a Zacks Industry Rank of 78, placing it in the top 32% 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]