Ormat Technologies, Inc. which can be found using ticker (ORA) have now 6 analysts in total covering the stock. The consensus rating is pointing to ‘buy’. The range between the high target price and low target price is between $100.00 and $75.00 calculating the average target price we see $82.17. Given that the stocks previous close was at $76.04 this now indicates there is a potential upside of 8.1%. Also worth taking note is the 50 day moving average now sits at $72.72 and the 200 day moving average is $68.30. The market cap for the company is 4.56B. The stock price is currently at: $75.41 USD
The potential market cap would be $4,923,716,999 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 34.12, revenue per share of $14.39 and a 2.01% 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.
