Ormat Technologies, Inc. with ticker code (ORA) have now 6 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The range between the high target price and low target price is between $100.00 and $69.00 calculating the mean target share price we have $79.50. (at the time of writing). Now with the previous closing price of $75.44 and the analysts are correct then we can expect a percentage increase in value of 5.4%. The day 50 moving average is $67.95 and the 200 day MA is $68.51. The total market capitalization for the company now stands at 4.57B. The current share price for the company is: $75.58 USD
The potential market cap would be $4,812,439,747 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 34.2, 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.
