ARRY
Price
$12.23
Change
+$0.31 (+2.60%)
Updated
Apr 24, 6:59 PM EST
14 days until earnings call
CSIQ
Price
$14.96
Change
+$0.09 (+0.61%)
Updated
Apr 24, 6:59 PM EST
14 days until earnings call
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ARRY vs CSIQ ᐉ Comparison: Which is Better to Invest?

Header iconARRY vs CSIQ Comparison
Open Charts ARRY vs CSIQBanner chart's image
Array Technologies
Price$12.23
Change+$0.31 (+2.60%)
Volume$3M
CapitalizationN/A
Canadian Solar
Price$14.96
Change+$0.09 (+0.61%)
Volume$849.36K
CapitalizationN/A
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ARRY vs CSIQ Comparison Chart

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ARRYDaily Signal changed days agoGain/Loss if shorted
 
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CSIQDaily Signal changed days agoGain/Loss if shorted
 
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VS
ARRY vs. CSIQ commentary
Apr 25, 2024

To compare these two companies we present long-term analysis, their fundamental ratings and make comparative short-term technical analysis which are presented below. The conclusion is ARRY is a StrongBuy and CSIQ is a Hold.

COMPARISON
Comparison
Apr 25, 2024
Stock price -- (ARRY: $11.94 vs. CSIQ: $14.87)
Brand notoriety: ARRY: Not notable vs. CSIQ: Notable
Both companies represent the Electrical Products industry
Current volume relative to the 65-day Moving Average: ARRY: 94% vs. CSIQ: 135%
Market capitalization -- ARRY: $2.22B vs. CSIQ: $1.27B
ARRY [@Electrical Products] is valued at $2.22B. CSIQ’s [@Electrical Products] market capitalization is $1.27B. The market cap for tickers in the [@Electrical Products] industry ranges from $181.26B to $0. The average market capitalization across the [@Electrical Products] industry is $3.72B.

Long-Term Analysis

It is best to consider a long-term outlook for a ticker by using Fundamental Analysis (FA) ratings. The rating of 1 to 100, where 1 is best and 100 is worst, is divided into thirds. The first third (a green rating of 1-33) indicates that the ticker is undervalued; the second third (a grey number between 34 and 66) means that the ticker is valued fairly; and the last third (red number of 67 to 100) reflects that the ticker is undervalued. We use an FA Score to show how many ratings show the ticker to be undervalued (green) or overvalued (red).

ARRY’s FA Score shows that 1 FA rating(s) are green whileCSIQ’s FA Score has 0 green FA rating(s).

  • ARRY’s FA Score: 1 green, 4 red.
  • CSIQ’s FA Score: 0 green, 5 red.
According to our system of comparison, ARRY is a better buy in the long-term than CSIQ.

Short-Term Analysis

It is best to consider a short-term outlook for a ticker by using Technical Analysis (TA) indicators. We use Odds of Success as the percentage of outcomes which confirm successful trade signals in the past.

If the Odds of Success (the likelihood of the continuation of a trend) for each indicator are greater than 50%, then the generated signal is confirmed. A green percentage from 90% to 51% indicates that the ticker is in a bullish trend. A red percentage from 90% - 51% indicates that the ticker is in a bearish trend. All grey percentages are below 50% and are considered not to confirm the trend signal.

ARRY’s TA Score shows that 4 TA indicator(s) are bullish while CSIQ’s TA Score has 4 bullish TA indicator(s).

  • ARRY’s TA Score: 4 bullish, 6 bearish.
  • CSIQ’s TA Score: 4 bullish, 4 bearish.
According to our system of comparison, CSIQ is a better buy in the short-term than ARRY.

Price Growth

ARRY (@Electrical Products) experienced а +4.74% price change this week, while CSIQ (@Electrical Products) price change was -2.62% for the same time period.

The average weekly price growth across all stocks in the @Electrical Products industry was -0.70%. For the same industry, the average monthly price growth was -5.47%, and the average quarterly price growth was +8.84%.

Reported Earning Dates

ARRY is expected to report earnings on Aug 06, 2024.

CSIQ is expected to report earnings on Aug 15, 2024.

Industries' Descriptions

@Electrical Products (-0.70% weekly)

The industry produces a diverse range of electricity-powered equipment, appliances and components, catering to both households and industries. The products include power, distribution and specialty transformers; electric motors, generators and motor-generator sets; switchgear and switchboard apparatus; light bulbs, tubes, fittings and electric signs etc. Consumer income, construction spending, and industrial production are major drivers of demand for this industry’s products. Large companies tend to have economies of scale in production, marketing, and distribution, while smaller companies can potentially carve out their own market through niche or specialty offerings. The US electrical products manufacturing industry includes about 5,700 establishments (single-location companies and units of multi-location companies) with combined annual revenue of about $125 billion. (according to a study published in First Research). Emerson Electric Co., Hubbell Incorporated and Eaton Corporation plc are major electrical products makers in the U.S.

SUMMARIES
A.I.dvisor published
a Summary for ARRY with price predictions.
OPEN
A.I.dvisor published
a Summary for CSIQ with price predictions.
OPEN
FUNDAMENTALS
Fundamentals
ARRY($2.22B) has a higher market cap than CSIQ($1.27B). ARRY has higher P/E ratio than CSIQ: ARRY (26.23) vs CSIQ (3.95). ARRY YTD gains are higher at: -27.202 vs. CSIQ (-42.966). CSIQ has higher annual earnings (EBITDA): 637M vs. ARRY (276M). CSIQ has more cash in the bank: 1.92B vs. ARRY (249M). ARRY has less debt than CSIQ: ARRY (730M) vs CSIQ (4.54B). CSIQ has higher revenues than ARRY: CSIQ (7.88B) vs ARRY (1.58B).
ARRYCSIQARRY / CSIQ
Capitalization2.22B1.27B174%
EBITDA276M637M43%
Gain YTD-27.202-42.96663%
P/E Ratio26.233.95664%
Revenue1.58B7.88B20%
Total Cash249M1.92B13%
Total Debt730M4.54B16%
FUNDAMENTALS RATINGS
ARRY vs CSIQ: Fundamental Ratings
ARRY
CSIQ
OUTLOOK RATING
1..100
6652
VALUATION
overvalued / fair valued / undervalued
1..100
94
Overvalued
75
Overvalued
PROFIT vs RISK RATING
1..100
100100
SMR RATING
1..100
2256
PRICE GROWTH RATING
1..100
8290
P/E GROWTH RATING
1..100
9996
SEASONALITY SCORE
1..100
n/an/a

Tickeron ratings are formulated such that a rating of 1 designates the most successful stocks in a given industry, while a rating of 100 points to the least successful stocks for that industry.

CSIQ's Valuation (75) in the Electrical Products industry is in the same range as ARRY (94) in the Biotechnology industry. This means that CSIQ’s stock grew similarly to ARRY’s over the last 12 months.

CSIQ's Profit vs Risk Rating (100) in the Electrical Products industry is in the same range as ARRY (100) in the Biotechnology industry. This means that CSIQ’s stock grew similarly to ARRY’s over the last 12 months.

ARRY's SMR Rating (22) in the Biotechnology industry is somewhat better than the same rating for CSIQ (56) in the Electrical Products industry. This means that ARRY’s stock grew somewhat faster than CSIQ’s over the last 12 months.

ARRY's Price Growth Rating (82) in the Biotechnology industry is in the same range as CSIQ (90) in the Electrical Products industry. This means that ARRY’s stock grew similarly to CSIQ’s over the last 12 months.

CSIQ's P/E Growth Rating (96) in the Electrical Products industry is in the same range as ARRY (99) in the Biotechnology industry. This means that CSIQ’s stock grew similarly to ARRY’s over the last 12 months.

TECHNICAL ANALYSIS
Technical Analysis
ARRYCSIQ
RSI
ODDS (%)
Bullish Trend 1 day ago
83%
Bullish Trend 1 day ago
78%
Stochastic
ODDS (%)
Bullish Trend 1 day ago
78%
Bullish Trend 1 day ago
72%
Momentum
ODDS (%)
Bearish Trend 1 day ago
88%
Bearish Trend 1 day ago
84%
MACD
ODDS (%)
Bearish Trend 1 day ago
83%
Bearish Trend 1 day ago
70%
TrendWeek
ODDS (%)
Bullish Trend 1 day ago
77%
Bearish Trend 1 day ago
81%
TrendMonth
ODDS (%)
Bearish Trend 1 day ago
85%
Bearish Trend 1 day ago
80%
Advances
ODDS (%)
Bullish Trend 1 day ago
79%
Bullish Trend 29 days ago
78%
Declines
ODDS (%)
Bearish Trend 8 days ago
90%
Bearish Trend 7 days ago
84%
BollingerBands
ODDS (%)
Bullish Trend 1 day ago
72%
Bullish Trend 1 day ago
75%
Aroon
ODDS (%)
Bearish Trend 1 day ago
87%
Bearish Trend 1 day ago
77%
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ARRYDaily Signal changed days agoGain/Loss if shorted
 
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CSIQDaily Signal changed days agoGain/Loss if shorted
 
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ARRY and

Correlation & Price change

A.I.dvisor indicates that over the last year, ARRY has been loosely correlated with SHLS. These tickers have moved in lockstep 66% of the time. This A.I.-generated data suggests there is some statistical probability that if ARRY jumps, then SHLS could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To ARRY
1D Price
Change %
ARRY100%
+2.43%
SHLS - ARRY
66%
Loosely correlated
+0.35%
NXT - ARRY
59%
Loosely correlated
-1.15%
FSLR - ARRY
57%
Loosely correlated
-1.45%
RUN - ARRY
54%
Loosely correlated
-2.43%
AXON - ARRY
53%
Loosely correlated
+0.28%
More

CSIQ and

Correlation & Price change

A.I.dvisor indicates that over the last year, CSIQ has been loosely correlated with JKS. These tickers have moved in lockstep 66% of the time. This A.I.-generated data suggests there is some statistical probability that if CSIQ jumps, then JKS could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To CSIQ
1D Price
Change %
CSIQ100%
+0.61%
JKS - CSIQ
66%
Loosely correlated
+1.27%
RUN - CSIQ
57%
Loosely correlated
-2.43%
SPWR - CSIQ
55%
Loosely correlated
-1.02%
ENPH - CSIQ
54%
Loosely correlated
-5.56%
NOVA - CSIQ
54%
Loosely correlated
+0.26%
More