Free Trial

Array Technologies (ARRY) Competitors

Array Technologies logo
$6.59 -0.31 (-4.49%)
Closing price 02/21/2025 04:00 PM Eastern
Extended Trading
$6.57 -0.02 (-0.32%)
As of 02/21/2025 07:24 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

ARRY vs. ALE, MGEE, OTTR, HE, UTL, NEE, SO, DUK, ETR, and PPL

Should you be buying Array Technologies stock or one of its competitors? The main competitors of Array Technologies include ALLETE (ALE), MGE Energy (MGEE), Otter Tail (OTTR), Hawaiian Electric Industries (HE), Unitil (UTL), NextEra Energy (NEE), Southern (SO), Duke Energy (DUK), Entergy (ETR), and PPL (PPL). These companies are all part of the "electric utilities" industry.

Array Technologies vs.

ALLETE (NYSE:ALE) and Array Technologies (NASDAQ:ARRY) are both utilities companies, but which is the better stock? We will contrast the two companies based on the strength of their valuation, risk, community ranking, dividends, analyst recommendations, earnings, media sentiment, institutional ownership and profitability.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
ALLETE$1.53B2.48$179.30M$3.1021.11
Array Technologies$982.19M1.02$137.24M-$0.97-6.79

In the previous week, ALLETE had 3 more articles in the media than Array Technologies. MarketBeat recorded 4 mentions for ALLETE and 1 mentions for Array Technologies. ALLETE's average media sentiment score of 1.61 beat Array Technologies' score of -0.17 indicating that ALLETE is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
ALLETE
4 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive
Array Technologies
0 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral

ALLETE has a beta of 0.8, indicating that its stock price is 20% less volatile than the S&P 500. Comparatively, Array Technologies has a beta of 1.64, indicating that its stock price is 64% more volatile than the S&P 500.

Array Technologies received 306 more outperform votes than ALLETE when rated by MarketBeat users. Likewise, 66.26% of users gave Array Technologies an outperform vote while only 49.57% of users gave ALLETE an outperform vote.

CompanyUnderperformOutperform
ALLETEOutperform Votes
287
49.57%
Underperform Votes
292
50.43%
Array TechnologiesOutperform Votes
593
66.26%
Underperform Votes
302
33.74%

ALLETE currently has a consensus price target of $67.00, indicating a potential upside of 2.38%. Array Technologies has a consensus price target of $11.00, indicating a potential upside of 66.92%. Given Array Technologies' higher probable upside, analysts clearly believe Array Technologies is more favorable than ALLETE.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
ALLETE
0 Sell rating(s)
1 Hold rating(s)
0 Buy rating(s)
1 Strong Buy rating(s)
3.00
Array Technologies
0 Sell rating(s)
14 Hold rating(s)
10 Buy rating(s)
0 Strong Buy rating(s)
2.42

76.6% of ALLETE shares are held by institutional investors. 0.2% of ALLETE shares are held by insiders. Comparatively, 0.3% of Array Technologies shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.

ALLETE has a net margin of 11.72% compared to Array Technologies' net margin of -9.59%. Array Technologies' return on equity of 75.57% beat ALLETE's return on equity.

Company Net Margins Return on Equity Return on Assets
ALLETE11.72% 5.97% 3.03%
Array Technologies -9.59%75.57%8.71%

Summary

ALLETE beats Array Technologies on 11 of the 19 factors compared between the two stocks.

Get Array Technologies News Delivered to You Automatically

Sign up to receive the latest news and ratings for ARRY and its competitors with MarketBeat's FREE daily newsletter.

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.
Skip Chart

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.
Skip Chart

ARRY vs. The Competition

MetricArray Technologiesmanufacturing industries IndustryEnergy SectorNASDAQ Exchange
Market Cap$1.00B$2.37B$9.21B$9.14B
Dividend YieldN/A2.61%11.56%3.86%
P/E Ratio-6.7913.9313.1919.19
Price / Sales1.022.63298.1970.91
Price / Cash3.778.2111.8334.83
Price / Book3.852.843.794.62
Net Income$137.24M$95.48M$808.15M$246.06M
7 Day Performance-2.95%-4.68%-1.71%-2.63%
1 Month Performance3.13%-5.44%-5.03%-2.15%
1 Year Performance-49.96%32.79%6.47%12.88%

Array Technologies Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ARRY
Array Technologies
3.8826 of 5 stars
$6.59
-4.5%
$11.00
+66.9%
-50.0%$1.00B$982.19M-6.791,028
ALE
ALLETE
4.0176 of 5 stars
$65.33
-0.9%
$63.00
-3.6%
+14.9%$3.78B$1.53B20.941,560Earnings Report
Positive News
MGEE
MGE Energy
3.1276 of 5 stars
$89.44
-1.1%
$74.00
-17.3%
+43.0%$3.24B$690.43M27.35700News Coverage
Positive News
OTTR
Otter Tail
1.674 of 5 stars
$76.99
-4.6%
N/A-5.7%$3.22B$1.35B10.632,655Earnings Report
High Trading Volume
HE
Hawaiian Electric Industries
1.6915 of 5 stars
$10.16
-1.9%
$10.50
+3.4%
-15.6%$1.75B$3.68B-0.863,706Earnings Report
News Coverage
UTL
Unitil
2.6537 of 5 stars
$56.70
+0.6%
$55.00
-3.0%
+11.6%$918.02M$557.10M19.35520
NEE
NextEra Energy
4.7119 of 5 stars
$68.06
-0.8%
$85.85
+26.1%
+26.6%$139.97B$24.75B20.2016,800Dividend Increase
Insider Trade
Positive News
SO
Southern
3.9365 of 5 stars
$85.72
-1.2%
$89.79
+4.7%
+31.5%$93.92B$25.25B19.9328,100Earnings Report
Ex-Dividend
Positive News
DUK
Duke Energy
3.9285 of 5 stars
$111.69
-2.0%
$122.08
+9.3%
+25.5%$86.27B$29.06B20.5327,037Analyst Forecast
Positive News
ETR
Entergy
4.1167 of 5 stars
$82.64
-0.7%
$79.81
-3.4%
+67.3%$35.44B$12.15B20.1312,177Earnings Report
Analyst Forecast
News Coverage
Positive News
PPL
PPL
2.4777 of 5 stars
$33.76
-1.9%
$34.00
+0.7%
+29.4%$24.91B$8.31B30.146,629

Related Companies and Tools


This page (NASDAQ:ARRY) was last updated on 2/23/2025 by MarketBeat.com Staff
From Our Partners