# Ormat Technologies, Inc. – Consensus ‘buy’ rating and 17.3% Upside Potential

- Link: https://www.directorstalkinterviews.com/ormat-technologies-inc.consensus-buy-rating-and-17.3-upside-potential/4121149344
- Published: 2024-03-27T12:48:35+00:00
- Author: Charlotte Edwards

**Ormat Technologies, Inc.** with ticker code (ORA) now have 7 confirmed analysts
covering the stock with the consensus suggesting a rating of ‘buy’. The target price
High/Low ranges between $95.00 and $69.00 and has a mean target at $77.00. Given
that the stocks previous close was at $65.63 and the analysts are correct then there
would likely be a percentage uptick in value of 17.3%. There is a 50 day moving 
average of $65.63 and the 200 moving average now moves to $71.74. The market capitalization
for the company is 3.94B. The stock price is currently at: $65.23 USD

 The potential market cap would be $4,619,309,119 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 31.36, revenue per share of $13.96
and a 2.15% 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.

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