Ormat Technologies, Inc. which can be found using ticker (ORA) now have 7 market analysts covering the stock. The analyst consensus now points to a rating of ‘hold’. The target price High/Low ranges between 102 and 85 calculating the average target price we see $91.29. Now with the previous closing price of $84.80 and the analysts are correct then there would likely be a percentage uptick in value of 7.7%. It’s also worth noting that there is a 50 day moving average of $84.43 and the 200 day MA is $89.04. The company has a market cap of 5.04B. The current share price for the company is: 84.46 USD
The potential market cap would be $5,428,697,853 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 62.56, revenue per share of 13.09 and a 2.54% 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.
