Array Technologies, Inc. (ARRY) Flat As Market Gains: What You Should Know

Company Performance - Array Technologies, Inc. closed at $5.29, unchanged from the previous session, lagging behind the S&P 500's gain of 0.58% [1] - The company's shares have appreciated by 8.62% over the past month, outperforming the Oils-Energy sector's loss of 8.92% and the S&P 500's loss of 0.84% [1] Earnings Forecast - Array Technologies is expected to release earnings on May 6, 2025, with a predicted EPS of $0.09, indicating a 50% growth compared to the same quarter last year [2] - The Zacks Consensus Estimate for revenue is projecting net sales of $263.11 million, up 71.52% from the year-ago period [2] Full Year Estimates - For the full year, the Zacks Consensus Estimates project earnings of $0.61 per share and revenue of $1.09 billion, reflecting changes of +1.67% and +18.61% respectively from the previous year [3] Analyst Forecast Revisions - Recent revisions to analyst forecasts for Array Technologies should be monitored, as positive estimate revisions indicate optimism about the company's business outlook [4] Valuation Metrics - Array Technologies has a Forward P/E ratio of 8.72, indicating a discount compared to its industry's Forward P/E of 11.21 [7] - The company has a PEG ratio of 0.4, which is in line with the average PEG ratio of the Solar industry at yesterday's closing price [7] Industry Context - The Solar industry, part of the Oils-Energy sector, has a Zacks Industry Rank of 193, placing it in the bottom 23% of all industries [8]