Ameresco (NYSE:AMRC) Cut to "Sell" at Wall Street Zen

Key Points

• Wall Street Zen downgraded Ameresco to “sell” from “hold,” although analysts overall maintain a “Moderate Buy” consensus with an average price target of $41.89.
• Ameresco reported quarterly EPS of $0.20, in line with estimates, while revenue of $515.46 million exceeded expectations and rose 9.1% year over year. Management issued fiscal 2026 EPS guidance of $1.15 to $1.35.
• The stock opened at $23.77, near its 52-week low relative to a $44.93 high, while insiders purchased 75,025 shares worth approximately $1.78 million during the latest quarter.

Ameresco (NYSE:AMRC - Get Free Report) was downgraded by equities researchers at Wall Street Zen from a "hold" rating to a "sell" rating in a note issued to investors on Saturday, Wall Street Zen reports.

Several other brokerages have also issued reports on AMRC. Cantor Fitzgerald reduced their target price on Ameresco from $44.00 to $36.00 and set an "overweight" rating on the stock in a research report on Thursday, August 27th. BNP Paribas Exane raised shares of Ameresco from a "neutral" rating to an "outperform" rating and increased their price objective for the company from $34.00 to $40.00 in a research report on Tuesday, August 4th. Guggenheim initiated coverage on shares of Ameresco in a research note on Friday, May 22nd. They issued a "neutral" rating for the company. Weiss Ratings upgraded shares of Ameresco from a "sell (d)" rating to a "sell (d+)" rating in a research note on Wednesday, August 5th. Finally, Jefferies Financial Group upgraded shares of Ameresco to a "strong-buy" rating in a research note on Thursday, September 3rd. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $41.89.

Ameresco Stock Up 0.3%

NYSE:AMRC opened at $23.77 on Friday. The company's 50-day simple moving average is $23.51 and its 200-day simple moving average is $26.47. The company has a debt-to-equity ratio of 1.33, a quick ratio of 1.66 and a current ratio of 1.67. Ameresco has a fifty-two week low of $18.38 and a fifty-two week high of $44.93. The stock has a market capitalization of $1.26 billion, a P/E ratio of 45.72, a P/E/G ratio of 1.77 and a beta of 2.63.

Ameresco (NYSE:AMRC - Get Free Report) last announced its earnings results on Monday, August 3rd. The utilities provider reported $0.20 earnings per share for the quarter, meeting the consensus estimate of $0.20. The company had revenue of $515.46 million during 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%. Ameresco's revenue was up 9.1% compared to the same quarter last year. During the same period last year, the firm earned $0.27 earnings per share. Ameresco has set its FY 2026 guidance at 1.150-1.350 EPS. On average, equities analysts anticipate that Ameresco will post 1.22 earnings per share for the current fiscal year.

Insider Buying and Selling at Ameresco

In other Ameresco news, Director Joseph W. Sutton bought 9,700 shares of Ameresco stock in a transaction that occurred on Monday, August 24th. The stock was purchased at an average price of $20.87 per share, with a total value of $202,439.00. Following the completion of the acquisition, the director directly owned 80,246 shares in the company, valued at approximately $1,674,734.02. This trade represents a 13.75% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Brian C. Cox purchased 39,700 shares of the stock in a transaction on Monday, August 10th. The stock was acquired at an average cost of $25.07 per share, for a total transaction of $995,279.00. Following the completion of the acquisition, the director owned 39,700 shares of the company's stock, valued at $995,279. The trade was a ∞ increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Over the last quarter, insiders purchased 75,025 shares of company stock valued at $1,778,963. 45.10% of the stock is owned by corporate insiders.

Institutional Trading of Ameresco

A number of hedge funds have recently modified their holdings of AMRC. KBC Group NV raised its position in Ameresco by 0.9% during the first quarter. KBC Group NV now owns 97,905 shares of the utilities provider's stock valued at $2,497,000 after acquiring an additional 891 shares in the last quarter. Kuhn & Co Investment Counsel grew its stake in shares of Ameresco by 4.6% during the 4th quarter. Kuhn & Co Investment Counsel now owns 22,650 shares of the utilities provider's stock worth $663,000 after purchasing an additional 1,000 shares during the period. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Ameresco during the 4th quarter worth approximately $48,000. Fifth Third Bancorp purchased a new position in shares of Ameresco during the 1st quarter valued at approximately $44,000. Finally, Optiver Holding B.V. lifted its stake in shares of Ameresco by 550.8% in the 1st quarter. Optiver Holding B.V. now owns 2,369 shares of the utilities provider's stock valued at $60,000 after purchasing an additional 2,005 shares during the period. Hedge funds and other institutional investors own 99.24% of the company's stock.

Ameresco Company Profile

Ameresco, Inc is an energy solutions and renewable energy company that develops, designs, engineers, and operates projects intended to improve energy efficiency, reduce energy costs, and support decarbonization. The company serves public-sector, commercial, industrial, healthcare, education, and utility customers.

Ameresco's services include energy-efficiency upgrades, energy infrastructure modernization, renewable energy development, battery energy storage, distributed energy systems, and operations and maintenance.

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