Ormat Technologies, Inc. with ticker code (ORA) have now 6 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The target price High/Low ranges between $95.00 and $69.00 calculating the mean target price we have $78.00. Given that the stocks previous close was at $68.04 this indicates there is a potential upside of 14.6%. Also worth taking note is the 50 day moving average now sits at $65.04 and the 200 moving average now moves to $69.03. The company has a market cap of 4.14B. The stock price is currently at: $68.49 USD
The potential market cap would be $4,740,905,922 based on the market consensus.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 32.93, revenue per share of $13.96 and a 2.15% return on assets.
Ormat Technologies, Inc. is a vertically integrated company, which is primarily engaged in the geothermal energy power business. The Company operates through three segments: Electricity, Product and Energy Storage. Electricity segment develops, builds, owns and operates geothermal, solar Photovoltaic (PV) and recovered energy-based power plants in the United States and geothermal power plants in other countries around the world and sells the electricity they generate. Product Segment designs, manufactures and sells equipment for geothermal and recovered energy-based electricity generation and provides services relating to the engineering, procurement and construction of geothermal and recovered energy-based power plants. Energy Storage Segment owns and operates grid connected In Front of the Meter (IFM) BESS facilities, which provide capacity, energy and ancillary services directly to the electric grid.
