ARRY Stock Analysis
AR
Uncovered
Array Technologies Inc is uncovered by Eyestock quantitative analysis.
Rating
To assess the quality of a company's business, we have collected all financial data from the statements and presented them in the form of a single number - the company's rating. Rating value of 100 is the threshold for determining a viable investment.
Low score
Array Technologies, Inc. manufactures ground-mounting systems used in solar energy projects. The company is headquartered in Albuquerque, New Mexico and currently employs 1,118 full-time employees. The company went IPO on 2020-10-15. The firm is a provider of utility-scale solar tracking technology. The firm manufactures and supplies solar tracking systems and related products for customers across the United States and internationally. Its principal product is an integrated system of steel supports, electric motors, gearboxes and electronic controllers. Its trackers allow one motor to drive multiple rows of solar panels. The firm sells its products to engineering, procurement and construction firms that build solar energy projects and to solar developers, independent power producers and utilities. Its DuraTrack HZ v3 is a single-axis tracker and incorporates features, such as a single bolt per module mounting system. The firm's SmarTrack software uses site-specific historical weather and energy production data in combination with machine learning algorithms to identify the position of a solar array in real time to enhance its energy production.