Ormat Technologies (NYSE:ORA – Get Free Report) and Spruce Power (NYSE:SPRU – Get Free Report) are both utilities companies, but which is the superior stock? We will compare the two businesses based on the strength of their institutional ownership, dividends, profitability, analyst recommendations, valuation, earnings and risk.
Earnings & Valuation
This table compares Ormat Technologies and Spruce Power”s gross revenue, earnings per share and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| Ormat Technologies | $989.54 million | 6.05 | $123.90 million | $2.03 | 47.98 |
| Spruce Power | $111.81 million | 0.32 | -$26.03 million | ($0.45) | -4.16 |
Institutional and Insider Ownership
95.5% of Ormat Technologies shares are owned by institutional investors. Comparatively, 20.8% of Spruce Power shares are owned by institutional investors. 0.5% of Ormat Technologies shares are owned by company insiders. Comparatively, 11.2% of Spruce Power shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.
Profitability
This table compares Ormat Technologies and Spruce Power’s net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Ormat Technologies | 10.66% | 6.61% | 2.75% |
| Spruce Power | -6.76% | -5.94% | -0.87% |
Analyst Recommendations
This is a breakdown of current recommendations for Ormat Technologies and Spruce Power, as reported by MarketBeat.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Ormat Technologies | 0 | 6 | 8 | 0 | 2.57 |
| Spruce Power | 1 | 0 | 0 | 0 | 1.00 |
Ormat Technologies presently has a consensus target price of $130.75, indicating a potential upside of 34.25%. Given Ormat Technologies’ stronger consensus rating and higher probable upside, research analysts plainly believe Ormat Technologies is more favorable than Spruce Power.
Risk and Volatility
Ormat Technologies has a beta of 0.9, indicating that its stock price is 10% less volatile than the S&P 500. Comparatively, Spruce Power has a beta of 1.19, indicating that its stock price is 19% more volatile than the S&P 500.
Summary
Ormat Technologies beats Spruce Power on 12 of the 14 factors compared between the two stocks.
About Ormat Technologies
Ormat Technologies, Inc. engages in the geothermal and recovered energy power business in the United States, Indonesia, Kenya, Turkey, Chile, Guatemala, Guadeloupe, New Zealand, Honduras, and internationally. It operates in three segments: Electricity, Product, and Energy Storage. The Electricity segment develops, builds, owns, and operates geothermal, solar photovoltaic, and recovered energy-based power plants; and sells electricity. The Product segment designs, manufactures, and sells equipment for geothermal and recovered energy-based electricity generation; and provides services relating to the engineering, procurement, construction, operation, and maintenance of geothermal and recovered energy-based power plants. This segment serves contractors; and owners and operators of interstate natural gas pipelines, gas processing plants, and cement plants, as well as companies in other energy-intensive industrial processes. The Energy Storage segment offers battery energy storage systems and related services. Ormat Technologies, Inc. was founded in 1965 and is headquartered in Reno, Nevada.
About Spruce Power
Spruce Power Holding Corporation owns and operates distributed solar energy assets in the United States. The company provides subscription-based services for homeowners and businesses to own and maintain rooftop solar and battery storage. It offers its subscription-based services to approximately 75,000 customers. The company is headquartered in Denver, Colorado.
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