Ormat Technologies (Israel) Today

ORA Stock   29,720  80.00  0.27%   

Performance

13 of 100

 
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Odds Of Distress

Less than 9

 
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Low
Ormat Technologies is trading at 29720.00 as of the 28th of November 2024, a 0.27 percent increase since the beginning of the trading day. The stock's open price was 29640.0. Ormat Technologies has less than a 9 % chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for Ormat Technologies are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of August 2024 and ending today, the 28th of November 2024. Click here to learn more.
Ormat Technologies, Inc. engages in the geothermal and recovered energy power business in the United States, Indonesia, Kenya, Turkey, Chile, Guatemala, New Zealand, and internationally. Ormat Technologies, Inc. was founded in 1965 and is based in Reno, Nevada. The company has 56.09 M outstanding shares. More on Ormat Technologies

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Follow Valuation Odds of Bankruptcy
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Ormat Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Ormat Technologies' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Ormat Technologies or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
PresidentEtty Rosner
Thematic IdeaIT (View all Themes)
Business ConcentrationIT, Utilities - Independent Power Producers, Utilities, Computing (View all Sectors)
Ormat Technologies (ORA) is traded on Tel Aviv Stock Exchange in Israel and employs 1,385 people. The company currently falls under 'Large-Cap' category with a current market capitalization of 18.27 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Ormat Technologies's market, we take the total number of its shares issued and multiply it by Ormat Technologies's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Ormat Technologies operates under Utilities sector and is part of Utilities - Independent Power Producers industry. The entity has 56.09 M outstanding shares. Ormat Technologies has accumulated about 79.37 M in cash with 258.82 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.56.
Check Ormat Technologies Probability Of Bankruptcy
Ownership Allocation
Ormat Technologies owns a total of 56.09 Million outstanding shares. The majority of Ormat Technologies outstanding shares are owned by third-party entities. These institutional holders are usually referred to as non-private investors looking to secure positions in Ormat Technologies to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Ormat Technologies. Please pay attention to any change in the institutional holdings of Ormat Technologies as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Ormat Ownership Details

Ormat Technologies Risk Profiles

Although Ormat Technologies' alpha and beta are two of the key measurements used to evaluate Ormat Technologies' performance over the market, the standard measures of volatility play an important role as well.

Ormat Stock Against Markets

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Ormat Technologies Corporate Management

Elected by the shareholders, the Ormat Technologies' board of directors comprises two types of representatives: Ormat Technologies inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Ormat. The board's role is to monitor Ormat Technologies' management team and ensure that shareholders' interests are well served. Ormat Technologies' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Ormat Technologies' outside directors are responsible for providing unbiased perspectives on the board's policies.
Shimon HatzirExecutive VP of EngineeringProfile
Smadar LaviIR Contact OfficerProfile
Jessica WoelfelChief CounselProfile
Ofer BenyosefExec DevelProfile
Liza TavoriVP HRProfile

Additional Information and Resources on Investing in Ormat Stock

When determining whether Ormat Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ormat Technologies' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ormat Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ormat Technologies Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in 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 board of governors.
For information on how to trade Ormat Stock refer to our How to Trade Ormat Stock guide.
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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.