Ormat Technologies Stock Buy Hold or Sell Recommendation
| ORA Stock | USD 63.15 0.26 0.41% |
Considering the 90-day investment horizon and your complete indifference towards market risk, our recommendation regarding Ormat Technologies is 'Strong Buy'. Macroaxis provides Ormat Technologies buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding ORA positions.
Check out Ormat Technologies Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For information on how to trade Ormat Stock refer to our How to Trade Ormat Stock guide. In addition, we conduct extensive research on individual companies such as Ormat and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Ormat Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
Ormat |
Execute Ormat Technologies Buy or Sell Advice
The Ormat recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Ormat Technologies. Macroaxis does not own or have any residual interests in Ormat Technologies or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Ormat Technologies' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Buy
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Possible Manipulator | Details |
Ormat Technologies Trading Alerts and Improvement Suggestions
| Ormat Technologies generated a negative expected return over the last 90 days | |
| Over 95.0% of the company shares are owned by institutional investors | |
| Latest headline from simplywall.st: Should Weakness in Ormat Technologies, Inc.s Stock Be Seen As A Sign That Market Will Correct The Share Price Given Decent Financials |
Ormat Technologies Returns Distribution Density
The distribution of Ormat Technologies' historical returns is an attempt to chart the uncertainty of Ormat Technologies' future price movements. The chart of the probability distribution of Ormat Technologies daily returns describes the distribution of returns around its average expected value. We use Ormat Technologies price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Ormat Technologies returns is essential to provide solid investment advice for Ormat Technologies.
| Mean Return | -0.4 | Value At Risk | -4.13 | Potential Upside | 1.82 | Standard Deviation | 1.88 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Ormat Technologies historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Ormat Stock Institutional Investors
| Shares | Van Berkom And Associates Inc | 2024-12-31 | 1.2 M | Goldman Sachs Group Inc | 2024-09-30 | 1.2 M | Schroder Investment Management Group | 2024-09-30 | 846.9 K | Northern Trust Corp | 2024-09-30 | 768.6 K | Jpmorgan Chase & Co | 2024-09-30 | 705 K | Charles Schwab Investment Management Inc | 2024-12-31 | 618.9 K | Ubs Group Ag | 2024-09-30 | 534.4 K | Y.d. More Investments Ltd | 2024-12-31 | 524.4 K | Migdal Insurance & Financial Holdings Ltd | 2024-12-31 | 496.5 K | Blackrock Inc | 2024-09-30 | 8.6 M | Orix Corp | 2024-09-30 | 6.7 M |
Ormat Technologies Cash Flow Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Change To Inventory | 178K | 4.1M | 5.6M | (22.2M) | (20.0M) | (19.0M) | |
| Change In Cash | 383.7M | (193.3M) | (116.8M) | 61.1M | 70.3M | 73.8M | |
| Free Cash Flow | (55.7M) | (160.5M) | (282.5M) | (309.0M) | (278.1M) | (264.2M) | |
| Depreciation | 156.6M | 183.0M | 198.8M | 231.0M | 265.6M | 278.9M | |
| Other Non Cash Items | 1.4M | 6.5M | 46.0M | 6.5M | 7.5M | 14.1M | |
| Capital Expenditures | 320.7M | 419.3M | 563.5M | 618.4M | 711.1M | 746.7M | |
| Net Income | 101.8M | 76.1M | 77.8M | 124.4M | 143.1M | 150.2M | |
| End Period Cash Flow | 536.8M | 343.4M | 226.7M | 287.8M | 330.9M | 347.5M | |
| Dividends Paid | 22.5M | 27.0M | 27.1M | 28.4M | 32.7M | 34.3M | |
| Investments | (21.0M) | (50.2M) | 38.3M | (612.0M) | (550.8M) | (523.3M) | |
| Net Borrowings | (32.5M) | (92.3M) | (1.3M) | 198.9M | 179.0M | 187.9M | |
| Change To Netincome | 28.9M | 13.1M | 8.6M | 33.4M | 30.1M | 25.6M |
Ormat Technologies Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Ormat Technologies or Independent Power and Renewable Electricity Producers sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Ormat Technologies' price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Ormat stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.41 | |
β | Beta against Dow Jones | 0.51 | |
σ | Overall volatility | 1.85 | |
Ir | Information ratio | -0.22 |
Ormat Technologies Volatility Alert
Ormat Technologies exhibits very low volatility with skewness of -1.49 and kurtosis of 3.16. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Ormat Technologies' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Ormat Technologies' stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Ormat Technologies Fundamentals Vs Peers
Comparing Ormat Technologies' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Ormat Technologies' direct or indirect competition across all of the common fundamentals between Ormat Technologies and the related equities. This way, we can detect undervalued stocks with similar characteristics as Ormat Technologies or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Ormat Technologies' fundamental indicators could also be used in its relative valuation, which is a method of valuing Ormat Technologies by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Ormat Technologies to competition |
| Fundamentals | Ormat Technologies | Peer Average |
| Return On Equity | 0.0516 | -0.31 |
| Return On Asset | 0.0212 | -0.14 |
| Profit Margin | 0.13 % | (1.27) % |
| Operating Margin | 0.14 % | (5.51) % |
| Current Valuation | 6.15 B | 16.62 B |
| Shares Outstanding | 60.49 M | 571.82 M |
| Shares Owned By Insiders | 0.44 % | 10.09 % |
| Shares Owned By Institutions | 94.76 % | 39.21 % |
| Number Of Shares Shorted | 2.63 M | 4.71 M |
| Price To Earning | 54.81 X | 28.72 X |
| Price To Book | 1.60 X | 9.51 X |
| Price To Sales | 4.29 X | 11.42 X |
| Revenue | 829.42 M | 9.43 B |
| Gross Profit | 283.81 M | 27.38 B |
| EBITDA | 468.93 M | 3.9 B |
| Net Income | 124.4 M | 570.98 M |
| Cash And Equivalents | 95.87 M | 2.7 B |
| Cash Per Share | 4.71 X | 5.01 X |
| Total Debt | 2.12 B | 5.32 B |
| Debt To Equity | 1.05 % | 48.70 % |
| Current Ratio | 1.66 X | 2.16 X |
| Book Value Per Share | 39.50 X | 1.93 K |
| Cash Flow From Operations | 309.4 M | 971.22 M |
| Short Ratio | 4.40 X | 4.00 X |
| Earnings Per Share | 1.96 X | 3.12 X |
| Price To Earnings To Growth | 3.18 X | 4.89 X |
| Target Price | 83.22 | |
| Number Of Employees | 1.58 K | 18.84 K |
| Beta | 0.57 | -0.15 |
| Market Capitalization | 3.82 B | 19.03 B |
| Total Asset | 5.21 B | 29.47 B |
| Retained Earnings | 719.89 M | 9.33 B |
| Working Capital | 108.99 M | 1.48 B |
Note: Disposition of 3700000 shares by Orix Corp of Ormat Technologies at 75.38 subject to Rule 16b-3 [view details]
Ormat Technologies Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Ormat . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Ormat Technologies Buy or Sell Advice
When is the right time to buy or sell Ormat Technologies? Buying financial instruments such as Ormat Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Check out Ormat Technologies Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For information on how to trade Ormat Stock refer to our How to Trade Ormat Stock guide.You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Is Independent Power and Renewable Electricity Producers space 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 (0.39) | Dividend Share 0.48 | Earnings Share 1.96 | Revenue Per Share | Quarterly Revenue Growth 0.018 |
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.