Previous close | 11.43 |
Open | 12.67 |
Bid | 11.74 x N/A |
Ask | 11.83 x N/A |
Day's range | 12.67 - 12.67 |
52-week range | 10.17 - 24.88 |
Volume | |
Avg. volume | 56 |
Market cap | 1.958B |
Beta (5Y monthly) | 1.69 |
PE ratio (TTM) | 24.37 |
EPS (TTM) | 0.52 |
Earnings date | 06 Aug 2024 - 12 Aug 2024 |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | N/A |
Comprehensive Analysis of ARRY's First Quarter Fiscal Performance
Array Technologies stock was climbing Friday, with analysts optimistic on the manufacturer of solar energy products after first-quarter earnings. Oppenheimer analyst Colin Rusch upgraded Array to Outperform from Perform and gave the stock a $20 price target. After the stock market closed on Thursday, Array reported first-quarter adjusted earnings of 6 cents a share on revenue of $153.4 million.
Array Technologies (ARRY) delivered earnings and revenue surprises of 250% and 2.57%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?