ARRY vs. HE, UTL, NEE, SO, DUK, ETR, PPL, EIX, FE, 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), Edison International (EIX), FirstEnergy (FE), 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 better business? We will contrast the two businesses based on the strength of their valuation, analyst recommendations, media sentiment, community ranking, earnings, profitability, institutional ownership, dividends and risk.
Array Technologies has a beta of 1.69, suggesting that its share price is 69% more volatile than the S&P 500. Comparatively, Hawaiian Electric Industries has a beta of 0.46, suggesting that its share price is 54% less volatile than the S&P 500.
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.
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.
59.9% of Hawaiian Electric Industries shares are owned by institutional investors. 0.3% of Array Technologies shares are owned by company insiders. Comparatively, 0.3% of Hawaiian Electric Industries shares are owned by company 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.
Array Technologies received 235 more outperform votes than Hawaiian Electric Industries when rated by MarketBeat users. Likewise, 65.93% of users gave Array Technologies an outperform vote while only 48.46% of users gave Hawaiian Electric Industries an outperform vote.
Array Technologies currently has a consensus target price of $9.52, indicating a potential upside of 85.11%. Hawaiian Electric Industries has a consensus target price of $12.00, indicating a potential upside of 8.06%. Given Array Technologies' stronger consensus rating and higher probable upside, equities research analysts plainly believe Array Technologies is more favorable than Hawaiian Electric Industries.
In the previous week, Hawaiian Electric Industries had 5 more articles in the media than Array Technologies. MarketBeat recorded 7 mentions for Hawaiian Electric Industries and 2 mentions for Array Technologies. Hawaiian Electric Industries' average media sentiment score of 0.76 beat Array Technologies' score of 0.73 indicating that Hawaiian Electric Industries is being referred to more favorably in the news media.
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.
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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This page (NASDAQ:ARRY) was last updated on 3/27/2025 by MarketBeat.com Staff
