Ormat Tech Inc: (NYSE: ORA)

$22.98

-0.45 (-1.92%)

Volume 55,695

Jun 19 04:05 PM ET

Zacks Rank: 1-Strong Buy

Zacks Rank	Definition	Annualized Return
#1	Strong Buy	26.6%
#2	Buy	18.71%
#3	Hold	10.12%
#4	Sell	4.32%
#5	Strong Sell	2.16%
S&P	500	9.93%

Overview Quote

            Stock Activity
        
		Day Low - High
		22.93 - 23.59
	
		52wk Low - High
		16.67 - 24.12
	
		Previous Close
		23.43
	
		Avg. Volume
		61,379
	
		Industry
		OTHER ALT ENERGY
	
		Market Cap
		1.06 B
	
		Div - Yield
		0.00 - 0.00
	
		Beta
		1.12
	
		P/E (F1)
		34.97
	
		Current Year Est.
		0.67
	
		Quarterly Earnings ESP 
		NA
	
Earnings ESP (Expected Surprise Prediction) is Zacks' proprietary methodology for determining which stocks have the best chance to surprise with their next earnings announcement. The Earnings ESP shows the percentage difference between the Most Accurate Estimate and the Consensus.

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		Zacks Rank  Short-Term: 1-3 Months
                                                                
                                                                Zacks #1 Rank Strong Buys
                                                                
                                                            This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below. 

                                                                        Zacks Rank
                                                                        Definition
                                                                        Annualized Return
                                                                    
                                                                        #1
                                                                        Strong Buy
                                                                        26.6%
                                                                    
                                                                        #2
                                                                        Buy
                                                                        18.71%
                                                                    
                                                                        #3
                                                                        Hold
                                                                        10.12%
                                                                    
                                                                        #4
                                                                        Sell
                                                                        4.32%
                                                                    
                                                                        #5
                                                                        Strong Sell
                                                                        2.16%
                                                                    
                                                                        S&P
                                                                        500
                                                                        9.93%
                                                                    
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		1
Strong Buy

		Zacks Recommendation  Long-Term: 6+ Months
                                                                
                                                                All Outperform Rated Stocks
                                                                
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The Zacks Recommendations are split into 3 groups: Buy, Hold and Sell. Our Buy recommendations have generated returns of 34.4% in 2006, and 16.69% in 2007. When Zacks Premium members click on the recommendation it will launch them to the Zacks Equity Research report for the stock.    More on these reports below.

                                                                    Difference Between Zacks Rank and Zacks Recommendation

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		Zacks Industry Rank Which industries are set to outperform or underperform the market? You'll find the answer here. We have broken down all industries into over 200 classifications. Then ranked these industries using the most powerful indicator we know (the Zacks Rank). The higher the industry rank, the better the industry should perform in the future. Once you have found an attractive industry then check out the Rank in Industry to find the best stocks within the industry.
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		25 out of 265
	
		Equity Research Report The Zacks Recommendations and Zacks Target Prices are just two of the valuable resources you'll find in the reports created by the Zacks Equity Research group. When Zacks Premium members click on this link they will taken to a page that gives them access to the Zacks Equity Research report for the stock.

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Updated as of 06/3/2013

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                Key Earnings Data
            
                            P/E (F1)
                            34.97
                        
                            PEG Ratio
                            NA
                        
                            Current Year Est.
                            0.67
                        
                            Current Quarter Estimate
                            0.22
                        
                            Most Accurate Estimate
                            NA
                        
                            Earnings ESP 
                            NA
                        
                            Next Earnings Report Date
                            08-07-2013
                        
                            EPS Last Year
                            0.83
                        
                            Expected Earnings Growth
                            NA
                        
Earnings ESP (Expected Surprise Prediction) is Zacks' proprietary methodology for determining which stocks have the best chance to surprise with their next earnings announcement. The Earnings ESP shows the percentage difference between the Most Accurate Estimate and the Consensus.

            Company Description
        
ORMAT brings three decades of experience in the development, manufacture, and marketing of innovative power systems. ORMAT Energy Converter units, combined into modular power plants; use locally available heat sources, including geothermal energy (steam and hot water), recovered energy generation, solar energy, biomass, and low grade fuels.   
Full ORA Company Report

 Snapshot on ORA

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            <a href="#"><img id="dart_image_1" src="http://b7d61a7c6b8c307bf531-a92a66b9587e2a0aa805bd4e70b98407.r95.cf2.rackcdn.com/images/zacks/logos/zacks_logo_230x76.png" width="336" height="280" border="0" alt="" /></a>        
Turn Earnings Surprises into quick profits.
 
ORA Chart  by YCharts

Earnings Estimates

	Current Qtr (06/2013)	Next Qtr (09/2013)	Current Year (12/2013)	Next Year (12/2014)
Average Estimate	0.22	0.36	0.67	0.96
Number of Estimates	1	1	1	2
Low Estimate	0.22	0.36	0.67	0.82
High Estimate	0.22	0.36	0.67	NA
Year Ago EPS	0.19	0.23	0.68	0.67
EPS Growth	15.79%	56.52%	-1.47%	42.54%

More ORA Estimates

Average Earnings Estimates for ORA

EPS Growth for ORA

Industry Analysis

Name	Symbol	Previous Close
ORMAT TECH INC	ORA	23.43
ALTER NRG CORP	ANRGF	0.40
FUELCELL ENERGY	FCEL	1.30
GEVO INC	GEVO	2.07
HYDROGENICS CP	HYGS	16.13
COVANTA HOLDING	CVA	20.59
JUHL ENERGY INC	JUHL	0.34
ORIGINOIL NEW	OOIL	0.39
VESTAS WIND SYS	VWDRY	4.42
XZERES CORP	XPWR	0.43

Sector:Oils-Energy>> Industry:OTHER ALT ENERGY

COMPARE TICKER vs. Its Peers

Zacks Commentary

Alternative Energy Stock Outlook - June 2013

Jun, 07 2013 00:00

Alternative Energy Stock Outlook - June 2013

Jun, 07 2013 00:00

Will NRG Energy Beat in 4Q?

Feb 25, 2013

Edison International to Miss Again?

Feb 25, 2013

Calpine Expected to Outperform 4Q

Feb 12, 2013

PPL Corp. Likely to Beat 4Q

Feb 12, 2013

Duke Energy Likely to Miss

Feb 11, 2013

Zacks Industry Outlook Highlights: Royal Dutch Shell, Total, Covanta Holding, Ormat Technologies and SolarCity

Feb 08, 2013

More ORA Zacks Commentary

Financials

EPS TTM	0.83
Sales	514
Net Income	-217
Price/Earnings	28.23
Price/Book	1.51
Price/Cash Flow	8.17
Price/Sales	2.11

More ORA Financials

News

2 Clean Energy Buys, 1 Sell - TheMotleyFool

Jun 14, 2013

Highest EBITDA Growth in the Independent Power Producers Industry Detected for NRG Energy (NRG, CPN, ORA) - Financial News Network Online - News Corner

Jun 14, 2013

Ormat Technologies Shares Sinking Lower, Down 2.8% - Financial News Network Online - Market Movers

Jun 13, 2013

Ormat Technologies is Among the Companies in the Independent Power Producers Industry With the Highest Beta (ORA, AES, NCEN) - Financial News Network Online - News Corner

Jun 13, 2013

AES has the Lowest PEG Ratio in the Independent Power Producers Industry (AES, ORA, CPN) - Financial News Network Online - News Corner

Jun 12, 2013

Buyers Accumulate Shares of Ormat Technologies, Up 1.8% - Financial News Network Online - Market Movers

Jun 10, 2013

8 Utility Dividend Stocks with the Highest Float Short Ratio - GuruFocus

Jun 7, 2013

Aura Minerals Provides an Update on the Aranzazu Project - Marketwire

Jun 6, 2013

See All News Stories on ORA

Broker Recommendations

Current ABR	2.00
ABR (Last Week)	2.00
# of recs in ABR	4
Average Target Price	25.00
Industry Rank by ABR	25 out of 265
Rank in Industry	1 out of 11

More ORA Broker Recommendations

Day Low - High	22.93 - 23.59
52wk Low - High	16.67 - 24.12
Previous Close	23.43
Avg. Volume	61,379
Industry	OTHER ALT ENERGY
Market Cap	1.06 B
Div - Yield	0.00 - 0.00
Beta	1.12
P/E (F1)	34.97
Current Year Est.	0.67
Quarterly Earnings ESP	NA

P/E (F1)	34.97
PEG Ratio	NA
Current Year Est.	0.67
Current Quarter Estimate	0.22
Most Accurate Estimate	NA
Earnings ESP	NA
Next Earnings Report Date	08-07-2013
EPS Last Year	0.83
Expected Earnings Growth	NA

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Ormat Tech Inc: (NYSE: ORA)

$22.98

-0.45 (-1.92%)

Volume 55,695

Jun 19 04:05 PM ET

Stock Activity

Premium research

Zacks Rank Short-Term: 1-3 Months

Zacks Recommendation Long-Term: 6+ Months

Zacks Industry Rank

Equity Research Report

Key Earnings Data

Company Description