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Array Technologies (ARRY) Competitors

Array Technologies logo
$4.23 -0.03 (-0.70%)
As of 04/14/2025 04:00 PM Eastern

ARRY vs. HE, UTL, NEE, SO, DUK, ETR, PPL, FE, EIX, and ES

Should you be buying Array Technologies stock or one of its competitors? The main competitors of Array Technologies include Hawaiian Electric Industries (HE), Unitil (UTL), NextEra Energy (NEE), Southern (SO), Duke Energy (DUK), Entergy (ETR), PPL (PPL), FirstEnergy (FE), Edison International (EIX), and Eversource Energy (ES). These companies are all part of the "electric utilities" industry.

Array Technologies vs.

Array Technologies (NASDAQ:ARRY) and Hawaiian Electric Industries (NYSE:HE) are both small-cap energy companies, but which is the superior business? We will contrast the two companies based on the strength of their dividends, valuation, earnings, community ranking, profitability, media sentiment, analyst recommendations, risk and institutional ownership.

Hawaiian Electric Industries has higher revenue and earnings than Array Technologies. Array Technologies is trading at a lower price-to-earnings ratio than Hawaiian Electric Industries, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Array Technologies$915.81M0.70$137.24M-$1.94-2.18
Hawaiian Electric Industries$3.22B0.54$201.13M-$12.67-0.79

In the previous week, Hawaiian Electric Industries had 1 more articles in the media than Array Technologies. MarketBeat recorded 6 mentions for Hawaiian Electric Industries and 5 mentions for Array Technologies. Hawaiian Electric Industries' average media sentiment score of 1.30 beat Array Technologies' score of 0.50 indicating that Hawaiian Electric Industries is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Array Technologies
0 Very Positive mention(s)
1 Positive mention(s)
2 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral
Hawaiian Electric Industries
6 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Array Technologies received 236 more outperform votes than Hawaiian Electric Industries when rated by MarketBeat users. Likewise, 65.97% of users gave Array Technologies an outperform vote while only 48.46% of users gave Hawaiian Electric Industries an outperform vote.

CompanyUnderperformOutperform
Array TechnologiesOutperform Votes
599
65.97%
Underperform Votes
309
34.03%
Hawaiian Electric IndustriesOutperform Votes
363
48.46%
Underperform Votes
386
51.54%

Array Technologies has a net margin of -9.59% compared to Hawaiian Electric Industries' net margin of -35.38%. Array Technologies' return on equity of 75.57% beat Hawaiian Electric Industries' return on equity.

Company Net Margins Return on Equity Return on Assets
Array Technologies-9.59% 75.57% 8.71%
Hawaiian Electric Industries -35.38%11.12%1.19%

59.9% of Hawaiian Electric Industries shares are held by institutional investors. 0.3% of Array Technologies shares are held by company insiders. Comparatively, 0.3% of Hawaiian Electric Industries shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

Array Technologies currently has a consensus price target of $9.52, indicating a potential upside of 125.15%. Hawaiian Electric Industries has a consensus price target of $12.00, indicating a potential upside of 19.52%. Given Array Technologies' stronger consensus rating and higher probable upside, research analysts clearly believe Array Technologies is more favorable than Hawaiian Electric Industries.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Array Technologies
0 Sell rating(s)
13 Hold rating(s)
11 Buy rating(s)
0 Strong Buy rating(s)
2.46
Hawaiian Electric Industries
0 Sell rating(s)
3 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.25

Array Technologies has a beta of 1.66, meaning that its stock price is 66% more volatile than the S&P 500. Comparatively, Hawaiian Electric Industries has a beta of 0.51, meaning that its stock price is 49% less volatile than the S&P 500.

Summary

Array Technologies beats Hawaiian Electric Industries on 12 of the 18 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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ARRY vs. The Competition

MetricArray Technologiesmanufacturing industries IndustryEnergy SectorNASDAQ Exchange
Market Cap$642.72M$2.08B$6.77B$7.58B
Dividend YieldN/A2.86%11.08%4.33%
P/E Ratio-4.3612.4842.2017.78
Price / Sales0.701.7518,492.3294.51
Price / Cash3.608.1835.4334.64
Price / Book2.472.403.323.99
Net Income$137.24M$95.48M$4.27B$247.24M
7 Day Performance6.28%-0.77%4.04%8.29%
1 Month Performance-30.43%-12.46%-7.66%-5.37%
1 Year Performance-65.16%11.90%139.45%-0.24%

Array Technologies Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ARRY
Array Technologies
3.677 of 5 stars
$4.23
-0.7%
$9.52
+125.1%
-67.3%$642.72M$915.81M-4.36470Analyst Forecast
News Coverage
HE
Hawaiian Electric Industries
1.6957 of 5 stars
$9.70
-2.8%
$12.00
+23.8%
-6.0%$1.67B$3.22B-0.823,760Positive News
UTL
Unitil
2.5633 of 5 stars
$55.05
-3.4%
$55.00
-0.1%
+18.6%$894.29M$494.80M18.79520Positive News
NEE
NextEra Energy
4.9698 of 5 stars
$65.03
-2.8%
$85.92
+32.1%
+7.2%$133.87B$24.75B19.3015,300Analyst Forecast
Short Interest ↓
Positive News
SO
Southern
4.2262 of 5 stars
$87.19
-2.0%
$91.46
+4.9%
+32.6%$95.63B$26.72B21.7427,700Positive News
DUK
Duke Energy
4.2371 of 5 stars
$116.76
-1.8%
$123.87
+6.1%
+27.0%$90.72B$30.36B20.4527,900Positive News
ETR
Entergy
3.7655 of 5 stars
$79.17
+0.2%
$84.75
+7.0%
+60.5%$34.10B$11.88B32.5111,700Short Interest ↑
Positive News
PPL
PPL
2.3349 of 5 stars
$33.52
-2.7%
$35.27
+5.2%
+33.0%$24.75B$8.46B27.716,530
FE
FirstEnergy
3.9976 of 5 stars
$38.75
-1.6%
$45.15
+16.5%
+9.8%$22.35B$13.47B25.0012,300
EIX
Edison International
4.9741 of 5 stars
$53.54
-0.7%
$76.82
+43.5%
-16.7%$20.61B$17.60B15.7013,000Short Interest ↓
ES
Eversource Energy
4.1537 of 5 stars
$55.52
-4.8%
$67.44
+21.5%
-0.5%$20.38B$11.90B24.039,630Analyst Upgrade
Positive News
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This page (NASDAQ:ARRY) was last updated on 4/15/2025 by MarketBeat.com Staff
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