Working with TipRanks
Follow Us
Stocks
ETFs
Options
Commodities
Crypto
Currency
Research Tools
Calendars
Economic Indicators
Calculators
Education
About Us
Working with TipRanks
Follow Us
Ormat Technologies Inc (DE:HNM)
FRANKFURT:HNM
Ormat Techno (HNM) Stock Price & Analysis
1 Followers
HNM Stock Chart & Stats
Day’s Range€0 - €0
52-Week Range€54.65 - €81.42
Previous Close€62.38
Volume0.00
Average Volume (3M)85.00
Market Cap
€3.82B
Enterprise Value€4.05B
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)32.3
Beta0.48
Next Earnings
Jul 31, 2024EPS Estimate
€0.38Next Dividend Ex-DateN/A
Dividend Yield0.71%
Share Statistics
EPS (TTM)1.93
Shares Outstanding60,358,887
10 Day Avg. Volume8
30 Day Avg. Volume85
Standard DeviationN/A
R-SquaredN/A
AlphaN/A
Financial Highlights & Ratios
Price to Book (P/B)2.13
Price to Sales (P/S)15.57
Price to Cash Flow (P/CF)7.30
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
€67.49Price Target Upside8.19% Upside
Rating ConsensusHold
Number of Analyst Covering4
Ormat Techno News
PremiumCompany Announcements
Ormat Technologies Shareholders Approve Key Corporate Changes
Bulls Say, Bears Say
Bulls Say
Earnings ReportOrmat Technologies reported revenues and EPS above expectations.
Growth ForecastFirm guidance for 2024 and 2026 growth targets were issued, with the electricity segment remaining robust and storage forecasted to see rapid expansion.
Strategic DevelopmentsThe completion of the Enel acquisition and subsequent project updates signify strategic advancements for Ormat Technologies.
Bears Say
Contractual RisksKenya Counterparty Risk Evolves as Plant Does Rehabilitation Work — Ormat's contract for its Olkaria power plant complex is under scrutiny as various task forces have been appointed to review and attempt renegotiation of Power Purchase Agreements, with Kenya contributing a significant portion of the company's revenue and cash flow.
Financial ExposureThe claim from Kenya's state utility KPLC on Ormat stands at $50.6M, which has not been fully settled, reflecting potential financial exposure for the company, exacerbated by the country's limited USD availability affecting payment execution.
Receivables RiskOrmat is facing receivables challenges in Honduras, with the state utility ENEE's financial situation expected to cause continued delays in cash collection, posing risks to the company's liquidity.
---
HNM FAQ
What was Ormat Technologies Inc’s price range in the past 12 months?
Ormat Technologies Inc lowest stock price was €54.65 and its highest was €81.42 in the past 12 months.
What is Ormat Technologies Inc’s market cap?
Currently, no data Available
When is Ormat Technologies Inc’s upcoming earnings report date?
Ormat Technologies Inc’s upcoming earnings report date is Jul 31, 2024 which is in 81 days.
How were Ormat Technologies Inc’s earnings last quarter?
Ormat Technologies Inc released its earnings results on May 08, 2024. The company reported €0.594 earnings per share for the quarter, beating the consensus estimate of €0.568 by €0.026.
Is Ormat Technologies Inc overvalued?
According to Wall Street analysts Ormat Technologies Inc’s price is currently Undervalued.
Does Ormat Technologies Inc pay dividends?
Ormat Technologies Inc does not currently pay dividends.
What is Ormat Technologies Inc’s EPS estimate?
Ormat Technologies Inc’s EPS estimate is €0.38.
How many shares outstanding does Ormat Technologies Inc have?
Ormat Technologies Inc has 60,381,540 shares outstanding.
What happened to Ormat Technologies Inc’s price movement after its last earnings report?
Ormat Technologies Inc reported an EPS of €0.594 in its last earnings report, beating expectations of €0.568. Following the earnings report the stock price went up 1.799%.
Which hedge fund is a major shareholder of Ormat Technologies Inc?
Among the largest hedge funds holding Ormat Technologies Inc’s share is Gamco Investors, Inc. ET AL. It holds Ormat Technologies Inc’s shares valued at 6M.
---
Ormat Techno Stock Smart Score
Neutral
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Hold
Average Price Target:
€67.49 (8.19% Upside)
€67.49 (8.19% Upside)
Blogger Sentiment
Bullish
DE:HNM Sentiment 80%
Sector Average 71%
Sector Average 71%
Insider Transactions
Sold Shares
Worth $122.2K over
the Last 3 Months
the Last 3 Months
Technicals
SMA
Negative
20 days / 200 days
Momentum
-19.40%
12-Months-Change
Fundamentals
Return on Equity
5.95%
Trailing 12-Months
Asset Growth
12.94%
Trailing 12-Months
Company Description
Ormat Technologies Inc
Ormat Technologies, Inc. is a holding company, which engages in the provision of geothermal and recovered energy power business. It operates through the following segments: Electricity, Products, and Other. The Electricity segment develops, builds, owns, and operates geothermal and recovered energy-based power plants in the United States, and geothermal power plants in other countries. The Product segment designs, manufactures, and sells equipment for geothermal and recovered energy-based electricity generation and remote power units, and provide services relating to the engineering, procurement, construction, operation and maintenance of geothermal and recovered energy-based power plants. The Other Segment segment offers energy storage, demand response and energy management related services energy storage, demand response, and energy management related services. The company was founded in 1965 and is headquartered in Reno, NV.
---
HNM Company Deck
---
HNM Earnings Call
Q4 2024
0:00 / 0:00
---
HNM Stock 12 Month Forecast
Average Price Target
€67.49
▲(8.19% Upside)
Best Analysts Covering HNM
1 Year
1 Year Success Rate
12/26 ratings generated profit
1 Year Average Return
+0.95%
reiterated a buy rating 4 months ago
Copying Noah Kaye's trades and holding each position for 1 Year would result in 46.15% of your transactions generating a profit, with an average return of +0.95% per trade.
---