Vipshop Holdings Limited (VIPS) Forms $15.70 Double Top; Shorts at Ormat Technologies (ORA) Raised By 12.8%

April 22, 2018 - By Louis Casey

Ormat Technologies, Inc. (NYSE:ORA) Logo

Vipshop Holdings Limited (VIPS) formed double top with $16.49 target or 5.00% above today’s $15.70 share price. Vipshop Holdings Limited (VIPS) has $10.30B valuation. The stock decreased 2.36% or $0.38 during the last trading session, reaching $15.7. About 4.83 million shares traded. Vipshop Holdings Limited (NYSE:VIPS) has risen 21.34% since April 22, 2017 and is uptrending. It has outperformed by 9.79% the S&P500.

Ormat Technologies Inc (NYSE:ORA) had an increase of 12.8% in short interest. ORA’s SI was 1.04M shares in April as released by FINRA. Its up 12.8% from 920,000 shares previously. With 267,500 avg volume, 4 days are for Ormat Technologies Inc (NYSE:ORA)’s short sellers to cover ORA’s short positions. The stock decreased 2.00% or $1.18 during the last trading session, reaching $57.72. About 521,646 shares traded or 98.52% up from the average. Ormat Technologies, Inc. (NYSE:ORA) has risen 0.21% since April 22, 2017 and is uptrending. It has underperformed by 11.34% the S&P500.

Among 9 analysts covering Ormat Technologies Inc (NYSE:ORA), 6 have Buy rating, 0 Sell and 3 Hold. Therefore 67% are positive. Ormat Technologies Inc had 25 analyst reports since January 4, 2016 according to SRatingsIntel. Oppenheimer maintained the stock with “Buy” rating in Thursday, August 3 report. The rating was maintained by Oppenheimer with “Buy” on Friday, May 5. Cowen & Co maintained Ormat Technologies, Inc. (NYSE:ORA) rating on Friday, September 22. Cowen & Co has “Buy” rating and $67.0 target. Roth Capital maintained the shares of ORA in report on Monday, November 13 with “Buy” rating. The firm has “Overweight” rating given on Wednesday, June 7 by JP Morgan. The rating was maintained by Roth Capital on Friday, March 2 with “Buy”. The firm has “Equal-Weight” rating by Barclays Capital given on Friday, May 26. The rating was maintained by Cowen & Co with “Buy” on Friday, August 18. The rating was maintained by Cowen & Co on Thursday, March 1 with “Buy”. The company was downgraded on Friday, April 6 by Oppenheimer.

Ormat Technologies, Inc. engages in geothermal and recovered energy power business worldwide. The company has market cap of $2.93 billion. The firm operates in two divisions, Electricity and Product. It has a 18.86 P/E ratio. The Electricity segment develops, builds, owns, and operates geothermal and recovered energy power plants; and sells electricity.

Investors sentiment decreased to 0.96 in Q4 2017. Its down 0.14, from 1.1 in 2017Q3. It worsened, as 23 investors sold Ormat Technologies, Inc. shares while 53 reduced holdings. 23 funds opened positions while 50 raised stakes. 21.31 million shares or 1.57% more from 20.98 million shares in 2017Q3 were reported. Winslow Evans And Crocker has invested 0% in Ormat Technologies, Inc. (NYSE:ORA). Pnc Financial Grp holds 0% in Ormat Technologies, Inc. (NYSE:ORA) or 215 shares. State Common Retirement Fund reported 58,600 shares. California State Teachers Retirement has 0.01% invested in Ormat Technologies, Inc. (NYSE:ORA) for 63,630 shares. Miller Howard Invests New York accumulated 28,500 shares. Invesco Ltd accumulated 385,079 shares. Clearbridge Invests Limited has invested 0% in Ormat Technologies, Inc. (NYSE:ORA). Principal Fincl invested in 15,873 shares or 0% of the stock. The United Kingdom-based Barclays Public Lc has invested 0% in Ormat Technologies, Inc. (NYSE:ORA). Blackrock reported 0.01% of its portfolio in Ormat Technologies, Inc. (NYSE:ORA). Peak6 L P invested in 5,278 shares or 0% of the stock. Guinness Asset Mgmt Ltd has 6,020 shares for 0.08% of their portfolio. Jupiter Asset Mngmt reported 144,549 shares or 0.27% of all its holdings. Mitchell holds 2.32% of its portfolio in Ormat Technologies, Inc. (NYSE:ORA) for 102,981 shares. California Employees Retirement has 0.01% invested in Ormat Technologies, Inc. (NYSE:ORA).

Analysts await Vipshop Holdings Limited (NYSE:VIPS) to report earnings on May, 21. They expect $0.13 EPS, down 13.33% or $0.02 from last year’s $0.15 per share. VIPS’s profit will be $85.29M for 30.19 P/E if the $0.13 EPS becomes a reality. After $0.19 actual EPS reported by Vipshop Holdings Limited for the previous quarter, Wall Street now forecasts -31.58% negative EPS growth.

Among 20 analysts covering Vipshop Holdings Limited (NYSE:VIPS), 15 have Buy rating, 1 Sell and 4 Hold. Therefore 75% are positive. Vipshop Holdings Limited had 42 analyst reports since August 12, 2015 according to SRatingsIntel. As per Thursday, November 23, the company rating was maintained by JP Morgan. Nomura upgraded the stock to “Buy” rating in Wednesday, January 10 report. The company was maintained on Wednesday, February 14 by JP Morgan. Deutsche Bank downgraded the shares of VIPS in report on Wednesday, August 17 to “Hold” rating. Jefferies maintained it with “Buy” rating and $18.0 target in Tuesday, October 3 report. The stock has “Buy” rating by HSBC on Wednesday, February 14. Jefferies maintained Vipshop Holdings Limited (NYSE:VIPS) rating on Thursday, July 13. Jefferies has “Buy” rating and $1800 target. Bernstein initiated Vipshop Holdings Limited (NYSE:VIPS) on Wednesday, January 11 with “Underperform” rating. The rating was downgraded by Credit Suisse to “Neutral” on Friday, February 26. The stock has “Neutral” rating by JP Morgan on Wednesday, August 31.

Ormat Technologies, Inc. (NYSE:ORA) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.





Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter:


Recent Posts