Ameresco (AMRC) to Release Quarterly Earnings on Monday

Ameresco (NYSE:AMRC - Get Free Report) will likely be announcing its Q1 2025 earnings results after the market closes on Monday, May 5th. Analysts expect the company to announce earnings of ($0.22) per share and revenue of $323.71 million for the quarter. Ameresco has set its FY 2025 guidance at 0.700-0.900 EPS.

Ameresco (NYSE:AMRC - Get Free Report) last issued its earnings results on Thursday, February 27th. The utilities provider reported $0.88 earnings per share for the quarter, beating the consensus estimate of $0.76 by $0.12. The company had revenue of $532.67 million during the quarter, compared to analysts' expectations of $524.31 million. Ameresco had a return on equity of 5.68% and a net margin of 3.18%. On average, analysts expect Ameresco to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Ameresco Trading Up 8.7 %

Ameresco stock traded up $0.96 during trading hours on Friday, reaching $12.02. The company had a trading volume of 881,801 shares, compared to its average volume of 508,063. The company has a debt-to-equity ratio of 1.36, a current ratio of 1.27 and a quick ratio of 1.26. Ameresco has a 12-month low of $8.49 and a 12-month high of $39.68. The company has a 50-day moving average price of $11.17 and a 200 day moving average price of $20.37. The firm has a market cap of $631.54 million, a price-to-earnings ratio of 12.02, a P/E/G ratio of 0.49 and a beta of 2.02.

Insider Buying and Selling

In other Ameresco news, Director Francis V. Wisneski, Jr. bought 3,500 shares of the firm's stock in a transaction on Tuesday, March 4th. The stock was acquired at an average price of $9.67 per share, with a total value of $33,845.00. Following the completion of the purchase, the director now owns 17,738 shares of the company's stock, valued at approximately $171,526.46. This trade represents a 24.58 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO George P. Sakellaris bought 50,000 shares of the stock in a transaction dated Tuesday, March 4th. The shares were acquired at an average price of $9.96 per share, with a total value of $498,000.00. Following the completion of the acquisition, the chief executive officer now directly owns 903,638 shares of the company's stock, valued at approximately $9,000,234.48. The trade was a 5.86 % increase in their position. The disclosure for this purchase can be found here. Over the last ninety days, insiders have bought 80,808 shares of company stock valued at $785,274 and have sold 40,085 shares valued at $843,378. 42.00% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

A number of research firms recently commented on AMRC. Baird R W lowered shares of Ameresco from a "strong-buy" rating to a "hold" rating in a report on Tuesday, April 15th. Canaccord Genuity Group lowered their price objective on shares of Ameresco from $36.00 to $27.00 and set a "buy" rating for the company in a research note on Friday, February 28th. Stifel Nicolaus reduced their price target on Ameresco from $34.00 to $18.00 and set a "buy" rating on the stock in a report on Wednesday, March 5th. Robert W. Baird reiterated a "neutral" rating and issued a $13.00 price objective (down previously from $25.00) on shares of Ameresco in a report on Tuesday, April 15th. Finally, UBS Group cut Ameresco from a "buy" rating to a "sell" rating and reduced their target price for the company from $37.00 to $8.00 in a research note on Tuesday, March 4th. Two research analysts have rated the stock with a sell rating, three have given a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, Ameresco currently has a consensus rating of "Hold" and an average target price of $22.83.

About Ameresco

Ameresco, Inc, a clean technology integrator, provides a portfolio of energy efficiency and renewable energy supply solutions in the United States, Canada, Europe, and internationally. It operates through U.S. Regions, U.S. Federal, Canada, Europe, Alternative Fuels, and All Other segments. The company offers energy efficiency, infrastructure upgrades, energy security and resilience, asset sustainability, and renewable energy solutions for businesses and organizations.