Ormat Tech Inc: (NYSE: ORA)

$22.46

-0.23 (-1.01%)

Volume 12,280

May 23 10:38 AM ET

Zacks Rank: 3-Hold

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
		22.29 - 22.63
	
		52wk Low - High
		16.67 - 23.95
	
		Previous Close
		22.69
	
		Avg. Volume
		76,640
	
		Industry
		OTHER ALT ENERGY
	
		Market Cap
		1.03 B
	
		Div - Yield
		0.00 - 0.00
	
		Beta
		1.12
	
		PE (Forward)
		36.02
	
		Current Year Est.
		0.63
	
		Quarterly Earnings ESP 
		50.00%
	
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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		3
Hold

		Zacks Recommendation  Long-Term: 6+ Months
                                                                
                                                                All Outperform Rated Stocks
                                                                
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                                                                    Difference Between Zacks Rank and Zacks Recommendation

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		77 out of 265
	
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                Key Earnings Data
            
                            PE (Forward)
                            36.02
                        
                            PEG Ratio
                            4.50
                        
                            Current Year Est.
                            0.63
                        
                            Current Quarter Estimate
                            0.14
                        
                            Most Accurate Estimate
                            0.21
                        
                            Earnings ESP 
                            50.00%
                        
                            Next Earnings Report Date
                            08-07-2013
                        
                            EPS Last Year
                            0.83
                        
                            Expected Earnings Growth
                            8.00%
                        
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

        
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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	0.14	0.23	0.63	0.78
Number of Estimates	2	2	3	3
Low Estimate	0.08	0.21	0.30	0.38
High Estimate	0.21	0.26	0.89	NA
Year Ago EPS	0.19	0.23	0.68	0.63
EPS Growth	-23.68%	2.17%	-7.35%	23.81%

More ORA Estimates

Average Earnings Estimates for ORA

EPS Growth for ORA

Industry Analysis

Name	Symbol	Previous Close
ORMAT TECH INC	ORA	22.69
ALTER NRG CORP	ANRGF	0.36
GEVO INC	GEVO	1.85
HYDROGENICS CP	HYGS	8.14
CERES INC	CERE	2.17
ENERGYSOLUTIONS	ES	4.15
FUELCELL ENERGY	FCEL	1.15
JUHL ENERGY INC	JUHL	0.39
ORIGINOIL NEW	OOIL	0.43
VESTAS WIND SYS	VWDRY	4.12

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

COMPARE TICKER vs. Its Peers

Zacks Commentary

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

Alternative Energy Stock Outlook - Feb 2013

Feb 07, 2013

Covanta Posts Lower Earnings

Feb 07, 2013

More ORA Zacks Commentary

Financials

EPS TTM	0.83
Sales	514
Net Income	-217
Price/Earnings	27.34
Price/Book	1.46
Price/Cash Flow	7.91
Price/Sales	2.05

More ORA Financials

News

Top 3 Companies in the Independent Power Producers Industry With the Highest Forward Earnings Yield (AES, NRG, ORA) - Financial News Network Online - News Corner

May 21, 2013

AES is Among the Companies in the Independent Power Producers Industry With the Lowest EV/EBITDA Ratio (AES, ORA, AT) - Financial News Network Online - News Corner

May 20, 2013

Stock Investors Sell Off Shares of Ormat Technologies, Down 1.4% - Financial News Network Online - Market Movers

May 20, 2013

The Army Is Investing in Geothermal, Should You? - TheMotleyFool

May 15, 2013

Aura Minerals Inc.Corporate Event Announcement Notice - Wall Street Horizon

May 14, 2013

Buyers Accumulate Shares of Ormat Technologies, Up 2.3% - Financial News Network Online - Market Movers

May 14, 2013

Aura Minerals Announces First Quarter of 2013 Financial and Operating Results - Marketwire Canada

May 13, 2013

Aura Minerals Announces First Quarter of 2013 Financial and OperatingResults - Marketwire

May 13, 2013

See All News Stories on ORA

Broker Recommendations

Current ABR	2.20
ABR (Last Week)	2.20
# of recs in ABR	5
Average Target Price	23.40
Industry Rank by ABR	77 out of 265
Rank in Industry	4 out of 12

More ORA Broker Recommendations

Day Low - High	22.29 - 22.63
52wk Low - High	16.67 - 23.95
Previous Close	22.69
Avg. Volume	76,640
Industry	OTHER ALT ENERGY
Market Cap	1.03 B
Div - Yield	0.00 - 0.00
Beta	1.12
PE (Forward)	36.02
Current Year Est.	0.63
Quarterly Earnings ESP	50.00%

PE (Forward)	36.02
PEG Ratio	4.50
Current Year Est.	0.63
Current Quarter Estimate	0.14
Most Accurate Estimate	0.21
Earnings ESP	50.00%
Next Earnings Report Date	08-07-2013
EPS Last Year	0.83
Expected Earnings Growth	8.00%

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Ormat Tech Inc: (NYSE: ORA)

$22.46

-0.23 (-1.01%)

Volume 12,280

May 23 10:38 AM 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