Ormat Technologies Inc [ORA] stock is trading at $72.93, up 3.24%. An important factor to consider is whether the stock is rising or falling in short-term value. The ORA shares have gain 6.11% over the last week, with a monthly amount glided 13.58%, 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 $72.93 at the most recent close of the market. An investor can expect a potential return of 6.95% based on the average ORA price forecast.
Analyzing the ORA fundamentals
Ormat Technologies Inc [NYSE:ORA] reported sales of 879.65M for the trailing twelve months, which represents a drop of -4.39%. Gross Profit Margin for this corporation currently stands at 0.31% with Operating Profit Margin at 0.15%, Pretax Profit Margin comes in at 0.13%, and Net Profit Margin reading is 0.14%. 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 of1.01.
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 70.95 points at the first support level, and at 68.97 for the second support level. However, for the 1st resistance point, the stock is sitting at 74.12, and for the 2nd resistance point, it is at 75.31.
Ratios To Look Out For
For context, Ormat Technologies Inc’s Current Ratio is 0.91. On the other hand, the Quick Ratio is 0.85, and the Cash Ratio is 0.16. Considering the valuation of this stock, the price to sales ratio is 5.02, the price to book ratio is 1.82 and price to earnings (TTM) ratio is 35.77.
Transactions by insiders
Recent insider trading involved Granot David, Director, that happened on Mar 03 ’25 when 1666.0 shares were sold. Director, Granot David completed a deal on Mar 03 ’25 to buy 1666.0 shares. Meanwhile, Former 10% Owner ORIX CORP sold 3.7 million shares on Dec 13 ’24.
