Ameresco (NYSE:AMRC) Upgraded at Jefferies Financial Group

Key Points

• Jefferies upgraded Ameresco to “strong buy,” while the broader analyst consensus remains “Moderate Buy” with a $41.89 target price.
• Ameresco’s latest quarter met EPS expectations at $0.20 and exceeded revenue forecasts with $515.46 million, up 9.1% year over year; management issued fiscal 2026 EPS guidance of $1.15–$1.35.
• Insiders purchased 75,025 shares worth approximately $1.78 million in the latest quarter, while institutional investors own 99.24% of the company.

Ameresco (NYSE:AMRC - Get Free Report) was upgraded by equities research analysts at Jefferies Financial Group to a "strong-buy" rating in a report issued on Thursday, Zacks reports.

A number of other research analysts also recently issued reports on AMRC. BNP Paribas Exane upgraded shares of Ameresco from a "neutral" rating to an "outperform" rating and boosted their target price for the company from $34.00 to $40.00 in a research report on Tuesday, August 4th. Weiss Ratings upgraded shares of Ameresco from a "sell (d)" rating to a "sell (d+)" rating in a report on Wednesday, August 5th. Guggenheim started coverage on shares of Ameresco in a research note on Friday, May 22nd. They issued a "neutral" rating for the company. Cantor Fitzgerald decreased their price target on shares of Ameresco from $44.00 to $36.00 and set an "overweight" rating for the company in a research note on Thursday, August 27th. Finally, Wall Street Zen raised shares of Ameresco from a "sell" rating to a "hold" rating in a research report on Saturday, August 8th. 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 company has an average rating of "Moderate Buy" and a consensus target price of $41.89.

Ameresco Trading Up 4.4%

Shares of AMRC stock opened at $22.77 on Thursday. The company has a market cap of $1.21 billion, a P/E ratio of 43.79, a PEG ratio of 1.63 and a beta of 2.63. The stock has a 50 day simple moving average of $24.14 and a two-hundred day simple moving average of $27.16. 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.

Ameresco (NYSE:AMRC - Get Free Report) last posted its quarterly earnings results on Monday, August 3rd. The utilities provider reported $0.20 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.20. The firm had revenue of $515.46 million for the quarter, compared to analysts' expectations of $465.18 million. Ameresco had a return on equity of 2.82% and a net margin of 1.40%.The company's revenue for the quarter was up 9.1% compared to the same quarter last year. During the same period in the prior year, the business earned $0.27 EPS. Ameresco has set its FY 2026 guidance at 1.150-1.350 EPS. Research analysts forecast that Ameresco will post 1.22 earnings per share for the current year.

Insider Buying and Selling at Ameresco

In related news, Director Joseph W. Sutton acquired 9,700 shares of the stock in a transaction dated Monday, August 24th. The stock was purchased at an average cost of $20.87 per share, with a total value of $202,439.00. Following the completion of the purchase, the director directly owned 80,246 shares in the company, valued at $1,674,734.02. This trade represents a 13.75% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Brian C. Cox bought 39,700 shares of the company's stock in a transaction dated Monday, August 10th. The stock was bought at an average price of $25.07 per share, for a total transaction of $995,279.00. Following the acquisition, the director directly owned 39,700 shares of the company's stock, valued at approximately $995,279. This represents a ∞ increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders acquired a total of 75,025 shares of company stock worth $1,778,963 in the last quarter. 45.10% of the stock is owned by insiders.

Institutional Trading of Ameresco

Several institutional investors have recently made changes to their positions in AMRC. Legal & General Group Plc grew its stake in Ameresco by 10.3% in the 4th quarter. Legal & General Group Plc now owns 467,562 shares of the utilities provider's stock valued at $13,695,000 after purchasing an additional 43,832 shares during the period. Swedbank AB raised its stake in shares of Ameresco by 219.0% during the 4th quarter. Swedbank AB now owns 370,000 shares of the utilities provider's stock worth $10,837,000 after purchasing an additional 254,000 shares during the period. Royce & Associates LP boosted its holdings in shares of Ameresco by 10.7% in the 4th quarter. Royce & Associates LP now owns 1,066,792 shares of the utilities provider's stock worth $31,246,000 after buying an additional 102,782 shares during the last quarter. Dimensional Fund Advisors LP boosted its holdings in shares of Ameresco by 13.1% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,439,669 shares of the utilities provider's stock worth $36,711,000 after buying an additional 167,068 shares during the last quarter. Finally, Handelsbanken Fonder AB grew its position in Ameresco by 7.5% during the fourth quarter. Handelsbanken Fonder AB now owns 650,836 shares of the utilities provider's stock valued at $19,063,000 after buying an additional 45,506 shares during the period. Institutional investors own 99.24% of the company's stock.

Ameresco Company Profile

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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