Ameresco, Inc. (NYSE:AMRC) Given Consensus Recommendation of "Moderate Buy" by Brokerages

Key Points

• Ameresco has a “Moderate Buy” consensus from 14 analysts, with eight buy ratings, one strong buy, four holds and one sell. The average 12-month price target is $43.33, well above the stock’s $25.76 opening price.
• The company reported quarterly EPS of $0.20, in line with estimates, while revenue of $515.46 million exceeded expectations and increased 9.1% year over year. Ameresco maintained fiscal 2026 EPS guidance of $1.15–$1.35.
• Institutional ownership stands at 99.24%, with several major investors increasing their positions, although insiders have sold 26,355 shares worth approximately $852,270 over the past 90 days.

Shares of Ameresco, Inc. (NYSE:AMRC - Get Free Report) have been given a consensus recommendation of "Moderate Buy" by the fourteen ratings firms that are presently covering the stock, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, four have given a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is $43.3333.

AMRC has been the topic of several analyst reports. Oppenheimer restated a "market perform" rating on shares of Ameresco in a report on Tuesday. Robert W. Baird cut their price target on Ameresco from $44.00 to $36.00 and set an "outperform" rating on the stock in a research note on Tuesday, May 5th. Cantor Fitzgerald restated an "overweight" rating on shares of Ameresco in a research report on Tuesday. Canaccord Genuity Group upped their price objective on Ameresco from $59.00 to $62.00 and gave the company a "buy" rating in a report on Tuesday. Finally, BNP Paribas Exane raised Ameresco from a "neutral" rating to an "outperform" rating and increased their target price for the company from $34.00 to $40.00 in a research note on Tuesday.

Insider Activity at Ameresco

In other Ameresco news, Director Jennifer L. Miller sold 10,000 shares of the company's stock in a transaction that occurred on Monday, May 18th. The shares were sold at an average price of $32.27, for a total value of $322,700.00. Following the completion of the sale, the director owned 22,111 shares of the company's stock, valued at approximately $713,521.97. This represents a 31.14% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Nickolas Stavropoulos sold 1,355 shares of Ameresco stock in a transaction on Friday, May 15th. The stock was sold at an average price of $34.00, for a total transaction of $46,070.00. Following the transaction, the director directly owned 14,111 shares in the company, valued at approximately $479,774. This represents a 8.76% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 26,355 shares of company stock worth $852,270 in the last ninety days. Company insiders own 45.10% of the company's stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Wellington Management Group LLP raised its position in shares of Ameresco by 170.0% during the third quarter. Wellington Management Group LLP now owns 4,735,585 shares of the utilities provider's stock worth $159,021,000 after purchasing an additional 2,981,689 shares during the period. First Trust Advisors LP increased its stake in Ameresco by 503.4% during the 4th quarter. First Trust Advisors LP now owns 1,066,571 shares of the utilities provider's stock worth $31,240,000 after purchasing an additional 889,820 shares in the last quarter. Swedbank AB raised its holdings in Ameresco by 74.3% during the 1st quarter. Swedbank AB now owns 645,000 shares of the utilities provider's stock worth $16,448,000 after buying an additional 275,000 shares during the period. Invesco Ltd. lifted its stake in Ameresco by 54.7% in the third quarter. Invesco Ltd. now owns 575,173 shares of the utilities provider's stock valued at $19,314,000 after buying an additional 203,374 shares in the last quarter. Finally, Redwood Grove Capital LLC boosted its holdings in shares of Ameresco by 36.0% in the second quarter. Redwood Grove Capital LLC now owns 679,833 shares of the utilities provider's stock valued at $10,327,000 after buying an additional 179,943 shares during the period. 99.24% of the stock is currently owned by institutional investors.

Ameresco Price Performance

Shares of AMRC stock opened at $25.76 on Friday. The firm has a market cap of $1.36 billion, a price-to-earnings ratio of 49.54, a PEG ratio of 1.87 and a beta of 2.62. Ameresco has a 12 month low of $18.38 and a 12 month high of $44.93. The company has a quick ratio of 1.48, a current ratio of 1.67 and a debt-to-equity ratio of 1.33. The stock has a 50-day moving average price of $26.07 and a 200 day moving average price of $28.24.

Ameresco (NYSE:AMRC - Get Free Report) last released its earnings results on Monday, August 3rd. The utilities provider reported $0.20 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.20. The company had revenue of $515.46 million for the quarter, compared to the consensus estimate of $465.18 million. Ameresco had a net margin of 1.40% and a return on equity of 2.82%. The company's revenue was up 9.1% compared to the same quarter last year. During the same period in the prior year, the company posted $0.27 EPS. Ameresco has set its FY 2026 guidance at 1.150-1.350 EPS. Research analysts expect that Ameresco will post 1.24 EPS for the current year.

About Ameresco

Ameresco, Inc is a leading independent provider of comprehensive energy efficiency and renewable energy solutions for businesses and governments across North America, Europe and other select markets. Its integrated services portfolio includes energy efficiency retrofits, infrastructure upgrades, distributed generation systems and facility-scale renewable projects. Leveraging performance-based contracting models, Ameresco designs, finances, installs and maintains energy improvements intended to reduce operational costs, mitigate environmental impact and enhance resiliency for its clients.

Founded in 2000 and headquartered in Framingham, Massachusetts, Ameresco has completed thousands of projects spanning solar, wind, geothermal, biomass, landfill gas‐to‐energy, energy storage and microgrid installations.

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