Ormat Technologies Inc's fundamentals are relatively very healthy, with an industry-leading ESG disclosure.and its growth potential is high.Its valuation is considered fairly valued, ranking 15 out of 65 in the Electric Utilities & IPPs industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 127.60.In the medium term, the stock price is expected to remain stable.The company has been performing well in the stock market over the past month, which is supported by its strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Media Coverage
The current financial score of Ormat Technologies Inc is 7.66, ranking 29 out of 65 in the Electric Utilities & IPPs industry. Its financial status is robust, and its operating efficiency is average. Its latest quarterly revenue reached 249.73M, representing a year-over-year increase of 17.92%, while its net profit experienced a year-over-year increase of 9.31%.
Key Metrics
The current valuation score of Ormat Technologies Inc is 7.51, ranking 36 out of 65 in the Electric Utilities & IPPs industry. Its current P/E ratio is 55.97, which is 42.40% below the recent high of 79.70 and 51.77% above the recent low of 26.99.
The current earnings forecast score of Ormat Technologies Inc is 8.20, ranking 7 out of 65 in the Electric Utilities & IPPs industry. The average price target is 121.50, with a high of 135.00 and a low of 100.00.
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The current price momentum score of Ormat Technologies Inc is 7.46, ranking 36 out of 65 in the Electric Utilities & IPPs industry. Currently, the stock price is trading between the resistance level at 132.22 and the support level at 114.45, making it suitable for range-bound swing trading.
The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
This feature includes nine of the commonly used technical indicators: MACD, RSI, KDJ, StochRSI, ATR, CCI, WR, TRIX and MA. You may also adjust the timeframe depending on your needs.
Please note that technical analysis is only part of investment reference, and there is no absolute standard for using numerical values to assess direction. The results are for reference only, and we are not responsible for the accuracy of the indicator calculations and summaries.
The current institutional shareholding score of Ormat Technologies Inc is 10.00, ranking 1 out of 65 in the Electric Utilities & IPPs industry. The latest institutional shareholding proportion is 90.98%, representing a quarter-over-quarter decrease of 2.36%. The largest institutional shareholder is The Vanguard, holding a total of 5.97M shares, representing 9.83% of shares outstanding, with 0.40% increase in holdings.
The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Electric Utilities & IPPs domestic-focused industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. The current risk assessment score of Ormat Technologies Inc is 8.88, ranking 25 out of 65 in the Electric Utilities & IPPs industry. The company's beta value is 0.81. This indicates that the stock tends to underperform the index during upward trending markets but experiences smaller declines during downward trending markets. with an industry-leading ESG disclosure.
