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 $75.00 calculating the average target share price we see $82.17. (at the time of writing). Given that the stocks previous close was at $73.94 and the analysts are correct then there would likely be a percentage uptick in value of 11.1%. It’s also worth noting that there is a 50 day moving average of $74.02 and the 200 day MA is $68.88. The company has a market capitalization of 4.38B. The stock price is currently at: $72.49 USD
The potential market cap would be $4,870,017,047 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 33.25, revenue per share of $14.68 and a 2.14% 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.
