Latest news with #ARRY
Yahoo
a day ago
- Business
- Yahoo
Array Technologies (ARRY) Fell Last Week. Here is Why.
The share price of Array Technologies, Inc. (NASDAQ:ARRY) fell by 8.74% between May 20 and May 27, 2025, putting it among the Energy Stocks that Lost the Most This Week. Let's shed some light on the development. An aerial view of a solar panel farm, its panel incremented tracking the sun's path. Array Technologies, Inc. (NASDAQ:ARRY) is a leading global provider of solar tracking technology to utility-scale and distributed generation customers, who construct, develop, and operate solar PV sites. The share price of Array Technologies, Inc. (NASDAQ:ARRY) fell last week after investors reacted negatively to the House of Representatives advancing President Trump's 'one big beautiful bill', which may end numerous green-energy subsidies that have supported the renewable energy sector. While the industry was already expecting the gradual phase-out of wind and solar tax credits, the latest version of the bill accelerates this timeline, dealing a serious blow to the solar energy industry, which relies heavily on such credits. That said, Array Technologies, Inc. (NASDAQ:ARRY) posted strong results for its Q1 2025 earlier this month, beating expectations in both revenue and earnings. The company reported a strong revenue growth of 97.1% YoY and achieved the second-largest quarter of volume shipped since 2023, indicating solid market share recovery. While we acknowledge the potential of ARRY to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than ARRY and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: 10 Cheap Energy Stocks to Buy Now and 10 Most Undervalued Energy Stocks to Buy According to Hedge Funds Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
3 days ago
- Business
- Yahoo
Array Technologies (ARRY) Fell Last Week. Here is Why.
The share price of Array Technologies, Inc. (NASDAQ:ARRY) fell by 8.74% between May 20 and May 27, 2025, putting it among the Energy Stocks that Lost the Most This Week. Let's shed some light on the development. An aerial view of a solar panel farm, its panel incremented tracking the sun's path. Array Technologies, Inc. (NASDAQ:ARRY) is a leading global provider of solar tracking technology to utility-scale and distributed generation customers, who construct, develop, and operate solar PV sites. The share price of Array Technologies, Inc. (NASDAQ:ARRY) fell last week after investors reacted negatively to the House of Representatives advancing President Trump's 'one big beautiful bill', which may end numerous green-energy subsidies that have supported the renewable energy sector. While the industry was already expecting the gradual phase-out of wind and solar tax credits, the latest version of the bill accelerates this timeline, dealing a serious blow to the solar energy industry, which relies heavily on such credits. That said, Array Technologies, Inc. (NASDAQ:ARRY) posted strong results for its Q1 2025 earlier this month, beating expectations in both revenue and earnings. The company reported a strong revenue growth of 97.1% YoY and achieved the second-largest quarter of volume shipped since 2023, indicating solid market share recovery. While we acknowledge the potential of ARRY to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than ARRY and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: 10 Cheap Energy Stocks to Buy Now and 10 Most Undervalued Energy Stocks to Buy According to Hedge Funds Disclosure: None. Erreur lors de la récupération des données Connectez-vous pour accéder à votre portefeuille Erreur lors de la récupération des données Erreur lors de la récupération des données Erreur lors de la récupération des données Erreur lors de la récupération des données
Yahoo
20-05-2025
- Business
- Yahoo
ARRY Q1 Earnings Call: Revenue Beats Expectations, Margin and Cash Flow Pressures Persist
Solar tracking systems manufacturer Array (NASDAQ:ARRY) reported revenue ahead of Wall Street's expectations in Q1 CY2025, with sales up 97.1% year on year to $302.4 million. The company's full-year revenue guidance of $1.1 billion at the midpoint came in 0.6% above analysts' estimates. Its non-GAAP loss of $0.01 per share was significantly below analysts' consensus estimates. Is now the time to buy ARRY? Find out in our full research report (it's free). Revenue: $302.4 million vs analyst estimates of $264.6 million (97.1% year-on-year growth, 14.3% beat) Adjusted EPS: -$0.01 vs analyst estimates of $0.09 (significant miss) Adjusted EBITDA: $20.11 million vs analyst estimates of $32 million (6.7% margin, 37.2% miss) The company reconfirmed its revenue guidance for the full year of $1.1 billion at the midpoint Management reiterated its full-year Adjusted EPS guidance of $0.65 at the midpoint EBITDA guidance for the full year is $190 million at the midpoint, above analyst estimates of $186.1 million Operating Margin: 9%, up from 5.5% in the same quarter last year Free Cash Flow was -$15.41 million, down from $45.12 million in the same quarter last year Sales Volumes rose 82.8% year on year (-42.7% in the same quarter last year) Market Capitalization: $1.17 billion Array's first quarter results were shaped by exceptional sales volume growth and a continued recovery in market share, with management crediting disciplined execution and robust customer demand as key factors. CEO Kevin Hostetler pointed to a 143% increase in shipped volumes compared to last year and emphasized the company's ability to navigate ongoing regulatory and policy uncertainty, particularly surrounding tariffs and the Inflation Reduction Act. Hostetler underscored that "our order book is resilient," highlighting Array's operational agility and product traction, especially with recently launched offerings like OmniTrack and SkyLink. Looking ahead, management is maintaining its full-year guidance, attributing their confidence to the company's strong backlog and customer commitments. Hostetler noted that approximately 75% of 2025 domestic deliveries are for projects with U.S.-manufactured panels or those already in the country, reducing near-term supply risks. CFO Keith Jennings reiterated that the company's liquidity position and extended credit facility provide flexibility amid market volatility. However, management acknowledged continued uncertainty in international markets, particularly Brazil, and the potential for project delays if policy clarity remains elusive. Array's management identified volume acceleration, product adoption, and effective supply chain planning as primary drivers of the first quarter's performance. Forward-looking commentary focused on product innovation and managing policy-related headwinds. Sales Volume Recovery: Shipped volumes grew 143% year over year, as management attributed gains to improved customer engagement and the delivery of previously delayed projects. Product Portfolio Expansion: Newer products like OmniTrack and SkyLink accounted for a growing share of revenue and bookings, with OmniTrack expected to represent roughly 30% of 2025 deliveries. Management emphasized these products' adaptability and appeal in both domestic and international markets. Tariff and Supply Chain Management: The company highlighted its high proportion of domestically sourced materials—over 93% for U.S. projects—and contractual structures that allow tariff costs to be passed to customers. This has limited the financial impact of recent trade policy changes. Order Book Stability: The order book remained at $2 billion, with over 40% of it scheduled for delivery in the rest of 2025. Management reported positive customer feedback and a solid project win rate, despite broader industry uncertainty. International Market Challenges: Management cited slowed growth in Brazil due to currency devaluation and new tariffs, while noting steady performance in Europe and early-stage opportunities in the Middle East. These dynamics are expected to persist for several quarters. Management's outlook for the coming quarters hinges on sustained demand for utility-scale solar, the ability to mitigate policy and supply chain risks, and the continued adoption of new products. Domestic Policy Clarity: Forward guidance depends heavily on the resolution of uncertainties surrounding U.S. tariffs and potential changes to the Inflation Reduction Act. Management believes clarity could accelerate customer orders and project timelines. Innovation and Product Adoption: The company expects new product offerings—particularly OmniTrack and SkyLink—to underpin growth and margin improvement, as these solutions address customer needs for installation flexibility and extreme weather resilience. International Volatility: Exposure to foreign markets, especially Brazil, represents a risk due to fluctuating currency values, shifting tariffs, and evolving regulatory conditions. Management is closely monitoring these trends and adapting strategy as needed. Mark Strouse (J.P. Morgan): Asked about customer interest in long-term value commitment agreements (VCAs) and whether new metrics would be reported. Management clarified VCAs are under discussion but no additional metrics are planned, prioritizing defined project delivery timelines in order book disclosures. Colin Rusch (Oppenheimer & Co.): Inquired about changes in order size and project lead times. CEO Hostetler responded that lead times remain competitive at 14 weeks, but customers are waiting for policy clarity before finalizing orders, although underlying demand remains robust. David Benjamin (Mizuho Securities): Asked about cash deployment and debt reduction plans. CFO Jennings noted the revolving credit facility extension and emphasized maintaining liquidity, while evaluating options for debt management and potential strategic investments. Luke Anneser (Piper Sandler): Sought clarity on whether uncertainty is driven more by tariffs or the Inflation Reduction Act. Hostetler said both factors are causing hesitation for projects beyond 2025, with customers seeking rapid responses once policies are settled. Phillip Shen (ROTH MKM): Questioned exposure to projects affected by U.S. tariffs on battery cells. Hostetler stated that most 2025 projects are shielded by having necessary components already in-country, with customers committed to current schedules. In the coming quarters, the StockStory team will monitor (1) progress on resolving U.S. policy and tariff uncertainties, as any clarity could prompt a surge in bookings; (2) adoption rates and commercial impact of new product platforms like OmniTrack and SkyLink; and (3) the company's ability to navigate challenges in international markets, particularly Brazil. Execution on supply chain flexibility and margin stabilization will also be important indicators of operational success. Array currently trades at a forward P/E ratio of 11.9×. Should you double down or take your chips? The answer lies in our free research report. The market surged in 2024 and reached record highs after Donald Trump's presidential victory in November, but questions about new economic policies are adding much uncertainty for 2025. While the crowd speculates what might happen next, we're homing in on the companies that can succeed regardless of the political or macroeconomic environment. Put yourself in the driver's seat and build a durable portfolio by checking out our Top 5 Strong Momentum Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating return of 176% over the last five years. Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-small-cap company Comfort Systems (+782% five-year return). Find your next big winner with StockStory today.
Yahoo
06-05-2025
- Business
- Yahoo
Array Technologies, Inc. (ARRY) Earnings Expected to Grow: Should You Buy?
Wall Street expects a year-over-year increase in earnings on higher revenues when Array Technologies, Inc. (ARRY) reports results for the quarter ended March 2025. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on May 6. On the other hand, if they miss, the stock may move lower. While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise. Zacks Consensus Estimate This company is expected to post quarterly earnings of $0.09 per share in its upcoming report, which represents a year-over-year change of +50%. Revenues are expected to be $263.11 million, up 71.5% from the year-ago quarter. Estimate Revisions Trend The consensus EPS estimate for the quarter has been revised 9.7% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period. Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts. Earnings Whisper Estimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction). The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only. A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.
Yahoo
25-04-2025
- Business
- Yahoo
1 Oversold Stock Primed to Rebound and 2 to Turn Down
Hitting a new 52-week low can be a pivotal moment for any stock. These floors often mark either the beginning of a turnaround story or confirmation that a company faces serious headwinds. While market timing can be an extremely profitable strategy, it has burned many investors and requires rigorous analysis - something we specialize in at StockStory. That said, here is one stock where the poor sentiment is creating a buying opportunity and two where the outlook is warranted. One-Month Return: -20% Going public in October 2020, Array (NASDAQ:ARRY) is a global manufacturer of ground-mounting tracking systems for utility and distributed generation solar energy projects. Why Are We Out on ARRY? Declining unit sales over the past two years indicate demand is soft and that the company may need to revise its strategy Negative free cash flow raises questions about the return timeline for its investments Diminishing returns on capital from an already low starting point show that neither management's prior nor current bets are going as planned Array is trading at $4.50 per share, or 5.8x forward price-to-earnings. Read our free research report to see why you should think twice about including ARRY in your portfolio, it's free. One-Month Return: -16.1% Manufacturing the largest pump ever built for nuclear power generation, Flowserve (NYSE:FLS) manufactures and sells flow control equipment for various industries. Why Does FLS Worry Us? Average backlog growth of 5.6% over the past two years was mediocre and suggests fewer customers signed long-term contracts Estimated sales growth of 5% for the next 12 months implies demand will slow from its two-year trend Earnings growth underperformed the sector average over the last five years as its EPS grew by just 4.1% annually At $44 per share, Flowserve trades at 13.6x forward price-to-earnings. To fully understand why you should be careful with FLS, check out our full research report (it's free). One-Month Return: +1.8% A respected player in the electrical segment, Hubbell (NYSE:HUBB) manufactures electronic products for the construction, industrial, utility, and telecommunications markets. Why Are We Positive On HUBB? Operating profits increased over the last five years as the company gained some leverage on its fixed costs and became more efficient Earnings growth has trumped its peers over the last two years as its EPS has compounded at 24.9% annually Industry-leading 25.1% return on capital demonstrates management's skill in finding high-return investments, and its returns are climbing as it finds even more attractive growth opportunities Hubbell's stock price of $359.98 implies a valuation ratio of 20.4x forward price-to-earnings. Is now the right time to buy? Find out in our full research report, it's free. Market indices reached historic highs following Donald Trump's presidential victory in November 2024, but the outlook for 2025 is clouded by new trade policies that could impact business confidence and growth. While this has caused many investors to adopt a "fearful" wait-and-see approach, we're leaning into our best ideas that can grow regardless of the political or macroeconomic climate. Take advantage of Mr. Market by checking out our Top 6 Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating return of 175% over the last five years. Stocks that made our list in 2019 include now familiar names such as Nvidia (+2,183% between December 2019 and December 2024) as well as under-the-radar businesses like Sterling Infrastructure (+1,096% five-year return). Find your next big winner with StockStory today for free. Sign in to access your portfolio
