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Stock impact report

Array: Not Yet In Fashion, But 3 Reasons To Consider A Nibble Now (Rating Upgrade) [Seeking Alpha]

Array Technologies, Inc. (ARRY) 
Last array technologies, inc. earnings: 5/7 08:00 am Check Earnings Report
Company Research Source: Seeking Alpha
Follow Play 11min Summary Array Technologies, noted for its expertise in integrated solar tracking solutions, has seen its share price get decimated this year by over 60%. ARRY's long-term prospects remain strong despite short-term challenges, with the US solar capacity expected to grow significantly, with 737GW of new capacity expected to come on board through 2035. ARRY offers a more compelling FCF yield than close peer NXT, whilst its superior medium-term earnings growth trajectory makes its P/E multiple look very attractive. The company is effectively managing its cost base and facilitating GM improvement, thus positioning itself for strong operating leverage when market conditions improve. The price appears to be forming a bottom at levels last seen in 2022, and ARRY comes across as an ideal mean-reversion candidate within the solar universe. Banphote Kamolsanei/iStock via Getty Images Introduction Array Technologies ( NASDAQ: ARRY ), a specialist in utilit Show less Read more
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