Ameresco (NYSE:AMRC) Issues FY 2025 Earnings Guidance

Ameresco (NYSE:AMRC - Get Free Report) issued an update on its FY 2025 earnings guidance on Monday morning. The company provided EPS guidance of 0.700-0.900 for the period, compared to the consensus EPS estimate of 0.800. The company issued revenue guidance of $1.9 billion-$2.0 billion, compared to the consensus revenue estimate of $1.9 billion.

Ameresco Price Performance

Shares of Ameresco stock traded up $0.40 during trading hours on Thursday, reaching $13.07. The stock had a trading volume of 235,903 shares, compared to its average volume of 515,895. The stock's 50 day moving average is $10.95 and its 200 day moving average is $20.06. The company has a current ratio of 1.27, a quick ratio of 1.26 and a debt-to-equity ratio of 1.36. Ameresco has a twelve month low of $8.49 and a twelve month high of $39.68. The firm has a market capitalization of $686.71 million, a PE ratio of 13.07, a PEG ratio of 0.49 and a beta of 2.20.

Ameresco (NYSE:AMRC - Get Free Report) last issued its quarterly earnings data on Monday, May 5th. The utilities provider reported ($0.11) EPS for the quarter, beating the consensus estimate of ($0.26) by $0.15. Ameresco had a return on equity of 5.68% and a net margin of 3.18%. The company had revenue of $352.83 million for the quarter, compared to analyst estimates of $323.71 million. During the same period last year, the company earned ($0.10) earnings per share. Ameresco's quarterly revenue was up 18.2% compared to the same quarter last year. Equities analysts expect that Ameresco will post 1.15 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of analysts have commented on AMRC shares. Stifel Nicolaus cut their price objective on shares of Ameresco from $34.00 to $18.00 and set a "buy" rating for the company in a report on Wednesday, March 5th. Piper Sandler set a $21.00 price target on Ameresco and gave the company an "overweight" rating in a report on Tuesday. UBS Group lowered Ameresco from a "buy" rating to a "sell" rating and lowered their price objective for the stock from $37.00 to $8.00 in a research note on Tuesday, March 4th. Robert W. Baird reiterated a "neutral" rating and set a $13.00 price target (down previously from $25.00) on shares of Ameresco in a report on Tuesday, April 15th. Finally, Canaccord Genuity Group upped their price objective on shares of Ameresco from $27.00 to $29.00 and gave the company a "buy" rating in a report on Tuesday. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating, three have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of $20.33.

Insider Activity

In other news, CEO George P. Sakellaris bought 25,000 shares of the business's stock in a transaction dated Thursday, March 6th. The stock was bought at an average price of $9.27 per share, for a total transaction of $231,750.00. Following the completion of the purchase, the chief executive officer now owns 978,638 shares of the company's stock, valued at approximately $9,071,974.26. The trade was a 2.62 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Francis V. Wisneski, Jr. purchased 3,500 shares of the stock in a transaction dated Tuesday, March 4th. The shares were acquired at an average price of $9.67 per share, with a total value of $33,845.00. Following the transaction, the director now owns 17,738 shares in the company, valued at $171,526.46. This trade represents a 24.58 % increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last three months, insiders acquired 80,808 shares of company stock valued at $785,274. Company insiders own 42.00% of the company's stock.

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.