Array Technologies (ARRY) Competitors

$10.96
-0.38 (-3.35%)
(As of 05/17/2024 ET)

ARRY vs. VET, HPK, NEXT, EE, VTLE, DK, HLX, ENLT, DKL, and ENVX

Should you be buying Array Technologies stock or one of its competitors? The main competitors of Array Technologies include Vermilion Energy (VET), HighPeak Energy (HPK), NextDecade (NEXT), Excelerate Energy (EE), Vital Energy (VTLE), Delek US (DK), Helix Energy Solutions Group (HLX), Enlight Renewable Energy (ENLT), Delek Logistics Partners (DKL), and Enovix (ENVX). These companies are all part of the "oils/energy" sector.

Array Technologies vs.

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

Vermilion Energy has a beta of 2.04, indicating that its share price is 104% more volatile than the S&P 500. Comparatively, Array Technologies has a beta of 1.7, indicating that its share price is 70% more volatile than the S&P 500.

Array Technologies received 219 more outperform votes than Vermilion Energy when rated by MarketBeat users. Likewise, 66.98% of users gave Array Technologies an outperform vote while only 60.83% of users gave Vermilion Energy an outperform vote.

CompanyUnderperformOutperform
Vermilion EnergyOutperform Votes
351
60.83%
Underperform Votes
226
39.17%
Array TechnologiesOutperform Votes
570
66.98%
Underperform Votes
281
33.02%

31.9% of Vermilion Energy shares are owned by institutional investors. 2.6% of Vermilion Energy shares are owned by company insiders. Comparatively, 0.3% of Array Technologies shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

Array Technologies has a net margin of 8.09% compared to Array Technologies' net margin of -30.71%. Vermilion Energy's return on equity of 59.49% beat Array Technologies' return on equity.

Company Net Margins Return on Equity Return on Assets
Vermilion Energy-30.71% 11.65% 5.93%
Array Technologies 8.09%59.49%9.02%

Vermilion Energy currently has a consensus target price of $25.00, suggesting a potential upside of 102.76%. Array Technologies has a consensus target price of $19.86, suggesting a potential upside of 81.21%. Given Array Technologies' stronger consensus rating and higher probable upside, equities analysts clearly believe Vermilion Energy is more favorable than Array Technologies.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Vermilion Energy
0 Sell rating(s)
1 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.80
Array Technologies
1 Sell rating(s)
8 Hold rating(s)
10 Buy rating(s)
0 Strong Buy rating(s)
2.47

In the previous week, Vermilion Energy had 3 more articles in the media than Array Technologies. MarketBeat recorded 8 mentions for Vermilion Energy and 5 mentions for Array Technologies. Array Technologies' average media sentiment score of 0.58 beat Vermilion Energy's score of 0.53 indicating that Vermilion Energy is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Vermilion Energy
4 Very Positive mention(s)
2 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Array Technologies
0 Very Positive mention(s)
1 Positive mention(s)
3 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Vermilion Energy$1.49B1.33-$176.01M-$2.78-4.44
Array Technologies$1.58B1.06$137.24M$0.3828.84

Summary

Array Technologies beats Vermilion Energy on 10 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 ARRY 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$1.66B$2.12B$8.34B$7.96B
Dividend YieldN/A2.25%11.66%3.91%
P/E Ratio28.8472.3514.5615.17
Price / Sales1.061.1449.3877.60
Price / Cash6.699.6911.3132.13
Price / Book7.212.692.854.70
Net Income$137.24M$152.46M$987.46M$217.01M
7 Day Performance-14.11%-1.18%1.73%2.90%
1 Month Performance-0.09%4.85%4.25%6.58%
1 Year Performance-52.26%64.75%6.73%10.15%

Array Technologies Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
VET
Vermilion Energy
3.4326 of 5 stars
$11.99
+1.3%
$25.00
+108.5%
+4.8%$1.92B$1.49B-4.31740Analyst Forecast
HPK
HighPeak Energy
1.9095 of 5 stars
$14.43
+3.2%
$22.10
+53.2%
+5.9%$1.85B$1.11B11.6448Positive News
NEXT
NextDecade
2.4878 of 5 stars
$7.06
+9.1%
$8.50
+20.4%
+14.6%$1.82BN/A0.0052Positive News
High Trading Volume
EE
Excelerate Energy
1.9734 of 5 stars
$18.60
-1.5%
$22.75
+22.3%
-11.1%$2.01B$1.16B18.42915Analyst Revision
Positive News
VTLE
Vital Energy
3.78 of 5 stars
$49.34
+2.0%
$59.50
+20.6%
+13.6%$1.81B$1.55B2.04326Analyst Forecast
Analyst Revision
DK
Delek US
1.3124 of 5 stars
$27.80
+1.1%
$28.89
+3.9%
+29.5%$1.78B$16.92B-22.423,591Analyst Forecast
Short Interest ↓
HLX
Helix Energy Solutions Group
4.7129 of 5 stars
$11.56
+1.8%
$14.67
+26.9%
+74.6%$1.76B$1.29B-55.022,531Short Interest ↓
News Coverage
Positive News
ENLT
Enlight Renewable Energy
0.6121 of 5 stars
$18.41
+1.3%
$18.75
+1.8%
-4.2%$2.13B$275.11M36.10287Short Interest ↓
DKL
Delek Logistics Partners
2.7043 of 5 stars
$38.95
+1.0%
$45.33
+16.4%
-9.5%$1.70B$1.03B14.062,020
ENVX
Enovix
3.116 of 5 stars
$9.78
+11.4%
$18.33
+87.5%
-20.1%$1.66B$7.64M-7.30560Gap Up
High Trading Volume

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This page (NASDAQ:ARRY) was last updated on 5/18/2024 by MarketBeat.com Staff

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