It has been about a month since the last earnings report for Ormat Technologies (ORA). Shares have added about 1.4% in that time frame, underperforming the S&P 500.
Will the recent positive trend continue leading up to its next earnings release, or is Ormat Technologies due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers.
How Have Estimates Been Moving Since Then?
It turns out, fresh estimates flatlined during the past month.
VGM Scores
Currently, Ormat Technologies has a nice Growth Score of B, though it is lagging a lot on the Momentum Score front with a D. However, the stock was allocated a grade of B on the value side, putting it in the top 40% for this investment strategy.
Overall, the stock has an aggregate VGM Score of B. If you aren't focused on one strategy, this score is the one you should be interested in.
Outlook
Ormat Technologies has a Zacks Rank #2 (Buy). We expect an above average return from the stock in the next few months.
Performance of an Industry Player
Ormat Technologies belongs to the Zacks Alternative Energy - Other industry. Another stock from the same industry, Clearway Energy (CWEN), has gained 5.4% over the past month. More than a month has passed since the company reported results for the quarter ended March 2025.
Clearway Energy reported revenues of $298 million in the last reported quarter, representing a year-over-year change of +13.3%. EPS of $0.03 for the same period compares with -$0.02 a year ago.
For the current quarter, Clearway Energy is expected to post earnings of $0.70 per share, indicating a change of +62.8% from the year-ago quarter. The Zacks Consensus Estimate remained unchanged over the last 30 days.
The overall direction and magnitude of estimate revisions translate into a Zacks Rank #3 (Hold) for Clearway Energy. Also, the stock has a VGM Score of A.
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Ormat Technologies, Inc. (ORA): Free Stock Analysis Report Clearway Energy, Inc. (CWEN): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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