Currently, the analyst consensus on Ormat Techno is a Moderate Buy with an average price target of $135.50.
Based on Ormat Techno’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $403.91 million and a net profit of $44.07 million. In comparison, last year the company earned a revenue of $229.76 million and had a net profit of $40.36 million
Based on the recent corporate insider activity of 61 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of ORA in relation to earlier this year. Last month, STANLEY STERN, a Director at ORA sold 250.00 shares for a total of $34,605.00.
