Ormat Technologies Inc [ORA] stock is trading at $68.29, down -0.32%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The ORA shares have gain 3.42% over the last week, with a monthly amount glided 5.70%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Ormat Technologies Inc [NYSE: ORA] stock has seen the most recent analyst activity on February 20, 2025, when Jefferies upgraded its rating to a Buy and also boosted its price target to $78 from $73. Previously, Jefferies started tracking the stock with Hold rating on January 10, 2025, and set its price target to $73. On December 19, 2024, Piper Sandler initiated with a Neutral rating and assigned a price target of $78 on the stock. TD Cowen reiterated its Hold rating and increased its price target to $76 on May 10, 2024. TD Cowen reiterated its recommendation of a Market Perform and reduced its price target to $70 on February 23, 2024. ROTH MKM upgraded its rating to Buy for this stock on August 07, 2023, but kept the price target unchanged to $92. In a note dated May 22, 2023, Barclays initiated an Equal Weight rating and provided a target price of $89 on this stock.
Ormat Technologies Inc [ORA] stock has fluctuated between $59.41 and $84.30 over the past year. Currently, Wall Street analysts expect the stock to reach $78 within the next 12 months. Ormat Technologies Inc [NYSE: ORA] shares were valued at $68.29 at the most recent close of the market. An investor can expect a potential return of 14.22% based on the average ORA price forecast.
Analyzing the ORA fundamentals
Ormat Technologies Inc [NYSE:ORA] reported sales of 890.25M for the trailing twelve months, which represents a growth of 1.79%. Gross Profit Margin for this corporation currently stands at 0.31% with Operating Profit Margin at 0.16%, Pretax Profit Margin comes in at 0.15%, and Net Profit Margin reading is 0.13%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.05 and Total Capital is 0.03. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.25.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 67.50 points at the first support level, and at 66.70 for the second support level. However, for the 1st resistance point, the stock is sitting at 69.25, and for the 2nd resistance point, it is at 70.20.
Ratios To Look Out For
For context, Ormat Technologies Inc’s Current Ratio is 0.95. Also, the Quick Ratio is 0.87, while the Cash Ratio stands at 0.31. Considering the valuation of this stock, the price to sales ratio is 4.64, the price to book ratio is 1.73 and price to earnings (TTM) ratio is 34.89.
Transactions by insiders
Recent insider trading involved ORIX CORP, Former 10% Owner, that happened on Dec 13 ’24 when 3.7 million shares were sold. Director, STERN STANLEY completed a deal on Dec 03 ’24 to sell 411.0 shares. Meanwhile, Director STERN STANLEY bought 411.0 shares on Dec 03 ’24.
