Ormat Technologies Stock Analysis

ORA Stock  USD 66.19  0.10  0.15%   
Ormat Technologies is undervalued with Real Value of 72.34 and Target Price of 87.5. The main objective of Ormat Technologies stock analysis is to determine its intrinsic value, which is an estimate of what Ormat Technologies is worth, separate from its market price. There are two main types of Ormat Technologies' stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Ormat Technologies' performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Ormat Technologies' stock to identify patterns and trends that may indicate its future price movements.
The Ormat Technologies stock is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Ormat Technologies is usually not traded on Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day. Ormat Stock trading window is adjusted to America/New York timezone. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Ormat Technologies' ongoing operational relationships across important fundamental and technical indicators.
  
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ormat Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For information on how to trade Ormat Stock refer to our How to Trade Ormat Stock guide.

Ormat Stock Analysis Notes

About 100.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.7. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Ormat Technologies last dividend was issued on the 5th of March 2024. Ormat Technologies, Inc. engages in the geothermal and recovered energy power business in the United States, Indonesia, Kenya, Turkey, Chile, Guadeloupe, Guatemala, Ethiopia, New Zealand, Honduras, and internationally. Ormat Technologies, Inc. was founded in 1965 and is based in Reno, Nevada. Ormat Technologies operates under UtilitiesRenewable classification in the United States and is traded on New York Stock Exchange. It employs 1385 people. To find out more about Ormat Technologies contact Isaac Angel at 775 356 9029 or learn more at https://www.ormat.com.

Ormat Technologies Quarterly Total Revenue

241.34 Million

Ormat Technologies Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Ormat Technologies' investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Ormat Technologies or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Ormat Technologies generated a negative expected return over the last 90 days
Over 100.0% of the company shares are owned by institutional investors
On 20th of March 2024 Ormat Technologies paid $ 0.12 per share dividend to its current shareholders
Latest headline from fool.com.au: 3 ASX 300 dividend shares to buy in April

Ormat Technologies Upcoming and Recent Events

Earnings reports are used by Ormat Technologies to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Ormat Technologies previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
21st of February 2024
Upcoming Quarterly Report
View
14th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
21st of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

Ormat Largest EPS Surprises

Earnings surprises can significantly impact Ormat Technologies' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2010-05-05
2010-03-310.030.040.0133 
2022-08-03
2022-06-300.20.220.0210 
2011-02-22
2010-12-310.120.1-0.0216 
View All Earnings Estimates

Ormat Technologies Thematic Classifications

In addition to having Ormat Technologies stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Climate Change Idea
Climate Change
A subset of companies across different industries and markets, that have embraced or working towards promoting renewable energy equipment, product, or services

Ormat Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Ormat Technologies is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Ormat Technologies backward and forwards among themselves. Ormat Technologies' institutional investor refers to the entity that pools money to purchase Ormat Technologies' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Migdal Insurance & Financial Holdings Ltd2023-12-31
M
Wellington Management Company Llp2023-12-31
M
Neuberger Berman Group Llc2023-12-31
M
Goldman Sachs Group Inc2023-12-31
967.5 K
Harel Insurance Invests & Fin Srvcs Ltd2023-12-31
864.2 K
Northern Trust Corp2023-12-31
813.9 K
Morgan Stanley - Brokerage Accounts2023-12-31
586.6 K
Charles Schwab Investment Management Inc2023-12-31
554.5 K
Bank Of New York Mellon Corp2023-12-31
539.2 K
Blackrock Inc2023-12-31
9.4 M
Orix Corp2023-12-31
6.7 M
Note, although Ormat Technologies' institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Ormat Market Capitalization

The company currently falls under 'Mid-Cap' category with a total capitalization of 4 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Ormat Technologies's market, we take the total number of its shares issued and multiply it by Ormat Technologies's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Ormat Profitablity

Ormat Technologies' profitability indicators refer to fundamental financial ratios that showcase Ormat Technologies' ability to generate income relative to its revenue or operating costs. If, let's say, Ormat Technologies is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Ormat Technologies' executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Ormat Technologies' profitability requires more research than a typical breakdown of Ormat Technologies' financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Net Profit Margin of 0.15 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.25 %, which entails that for every 100 dollars of revenue, it generated $0.25 of operating income.
Last ReportedProjected for 2024
Return On Capital Employed 0.04  0.05 
Return On Assets 0.02  0.01 
Return On Equity 0.05  0.06 

Management Efficiency

Ormat Technologies has Return on Asset of 0.0215 % which means that on every $100 spent on assets, it made $0.0215 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0594 %, implying that it generated $0.0594 on every 100 dollars invested. Ormat Technologies' management efficiency ratios could be used to measure how well Ormat Technologies manages its routine affairs as well as how well it operates its assets and liabilities. At present, Ormat Technologies' Return On Capital Employed is projected to slightly decrease based on the last few years of reporting. The current year's Return On Equity is expected to grow to 0.06, whereas Return On Assets are forecasted to decline to 0.01. At present, Ormat Technologies' Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Non Current Assets Total is expected to grow to about 4.8 B, whereas Other Assets are forecasted to decline to about 132.5 M.
Last ReportedProjected for 2024
Price Book Value Ratio 1.95  3.38 
Enterprise Value Multiple 15.73  15.70 
Price Fair Value 1.95  3.38 
The analysis of Ormat Technologies' management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Ormat Technologies' future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Ormat Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Dividend Yield
0.0074
Forward Dividend Yield
0.0074
Forward Dividend Rate
0.48
Beta
0.475

Technical Drivers

As of the 28th of March, Ormat Technologies holds the Variance of 3.28, coefficient of variation of (1,128), and Risk Adjusted Performance of (0.04). Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Ormat Technologies, as well as the relationship between them. Put it differently, you can use this information to find out if the company will indeed mirror its model of past market data, or the prices will eventually revert. We were able to interpolate data for thirteen technical drivers for Ormat Technologies, which can be compared to its competitors. Please check Ormat Technologies information ratio and potential upside to decide if Ormat Technologies is priced some-what accurately, providing market reflects its current price of 66.19 per share. Given that Ormat Technologies has information ratio of (0.16), we recommend you to check out Ormat Technologies's recent market performance to make sure the company can sustain itself at a future point.

Ormat Technologies Price Movement Analysis

Execute Study
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Ormat Technologies middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Ormat Technologies. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Ormat Technologies Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Ormat Technologies insiders, such as employees or executives, is commonly permitted as long as it does not rely on Ormat Technologies' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Ormat Technologies insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Ormat Technologies Predictive Daily Indicators

Ormat Technologies intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Ormat Technologies stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Ormat Technologies Corporate Filings

27th of March 2024
Other Reports
ViewVerify
F4
21st of March 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
13A
7th of March 2024
An amended filing to the original Schedule 13G
ViewVerify
F4
5th of March 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
10K
23rd of February 2024
Annual report required by the U.S. Securities and Exchange Commission (SEC) of a company financial performance
ViewVerify
8K
22nd of February 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
13A
13th of February 2024
An amended filing to the original Schedule 13G
ViewVerify
13A
31st of January 2024
The form used by investors holding more than 5% of a company's stock, to report their beneficial ownership pursuant to Rule 13d-1 or Rule 13d-2 under the Securities Exchange Act of 1934
ViewVerify

Ormat Technologies Forecast Models

Ormat Technologies' time-series forecasting models are one of many Ormat Technologies' stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Ormat Technologies' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Ormat Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Ormat Technologies prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Ormat shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Ormat Technologies. By using and applying Ormat Stock analysis, traders can create a robust methodology for identifying Ormat entry and exit points for their positions.
Last ReportedProjected for 2024
Pretax Profit Margin 0.17  0.1 
Operating Profit Margin 0.21  0.18 
Net Profit Margin 0.15  0.16 
Gross Profit Margin 0.32  0.27 

Current Ormat Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Ormat analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Ormat analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
87.5Buy8Odds
Ormat Technologies current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Ormat analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Ormat stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Ormat Technologies, talking to its executives and customers, or listening to Ormat conference calls.
Ormat Analyst Advice Details

Ormat Stock Analysis Indicators

Ormat Technologies stock analysis indicators help investors evaluate how Ormat Technologies stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Ormat Technologies shares will generate the highest return on investment. By understating and applying Ormat Technologies stock analysis, traders can identify Ormat Technologies position entry and exit signals to maximize returns.
Begin Period Cash Flow226.7 M
Long Term Debt1.8 B
Common Stock Shares Outstanding59.8 M
Total Stockholder Equity2.3 B
Tax Provision-11 M
Quarterly Earnings Growth Y O Y0.84
Property Plant And Equipment Net3.8 B
Cash And Short Term Investments287.8 M
Cash287.8 M
Accounts Payable140.7 M
Net Debt1.8 B
50 Day M A65.628
Total Current Liabilities537 M
Other Operating Expenses657.9 M
Non Current Assets Total4.6 B
Forward Price Earnings30.9598
Non Currrent Assets Other44.6 M
Stock Based Compensation15.5 M
When determining whether Ormat Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ormat Technologies' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ormat Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ormat Technologies Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ormat Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For information on how to trade Ormat Stock refer to our How to Trade Ormat Stock guide.
You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.

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When running Ormat Technologies' price analysis, check to measure Ormat Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ormat Technologies is operating at the current time. Most of Ormat Technologies' value examination focuses on studying past and present price action to predict the probability of Ormat Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ormat Technologies' price. Additionally, you may evaluate how the addition of Ormat Technologies to your portfolios can decrease your overall portfolio volatility.
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Is Ormat Technologies' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ormat Technologies. If investors know Ormat will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ormat Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.84
Dividend Share
0.48
Earnings Share
2.08
Revenue Per Share
13.958
Quarterly Revenue Growth
0.174
The market value of Ormat Technologies is measured differently than its book value, which is the value of Ormat that is recorded on the company's balance sheet. Investors also form their own opinion of Ormat Technologies' value that differs from its market value or its book value, called intrinsic value, which is Ormat Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ormat Technologies' market value can be influenced by many factors that don't directly affect Ormat Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ormat Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Ormat Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ormat Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.