Research Analysts Offer Predictions for Ameresco Q1 Earnings

Ameresco, Inc. (NYSE:AMRC - Free Report) - Research analysts at B. Riley decreased their Q1 2025 earnings per share estimates for Ameresco in a research report issued on Tuesday, April 29th. B. Riley analyst R. Pfingst now anticipates that the utilities provider will earn ($0.39) per share for the quarter, down from their prior estimate of ($0.36). The consensus estimate for Ameresco's current full-year earnings is $1.15 per share.

Ameresco (NYSE:AMRC - Get Free Report) last released its quarterly earnings results on Monday, May 5th. The utilities provider reported ($0.11) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.22) by $0.11. The firm had revenue of $352.83 million for the quarter, compared to the consensus estimate of $323.71 million. Ameresco had a return on equity of 5.68% and a net margin of 3.18%. The firm's quarterly revenue was up 18.2% compared to the same quarter last year. During the same quarter last year, the business posted ($0.10) EPS.

AMRC has been the subject of several other research reports. Stifel Nicolaus cut their price target on Ameresco from $34.00 to $18.00 and set a "buy" rating for the company in a research note on Wednesday, March 5th. Baird R W cut shares of Ameresco from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, April 15th. Canaccord Genuity Group boosted their price target on shares of Ameresco from $27.00 to $29.00 and gave the stock a "buy" rating in a research note on Tuesday. UBS Group downgraded shares of Ameresco from a "buy" rating to a "sell" rating and reduced their price objective for the company from $37.00 to $8.00 in a research report on Tuesday, March 4th. Finally, Robert W. Baird reiterated a "neutral" rating and set a $13.00 target price (down previously from $25.00) on shares of Ameresco in a research report on Tuesday, April 15th. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating, three have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus price target of $20.33.

Ameresco Stock Performance

Shares of NYSE:AMRC traded up $2.42 on Thursday, reaching $14.05. The company's stock had a trading volume of 1,133,345 shares, compared to its average volume of 511,045. Ameresco has a 52-week low of $8.49 and a 52-week high of $39.68. The stock has a market capitalization of $737.94 million, a P/E ratio of 14.05, a PEG ratio of 0.49 and a beta of 2.20. The stock's 50-day moving average is $11.04 and its two-hundred day moving average is $20.16. The company has a debt-to-equity ratio of 1.36, a current ratio of 1.27 and a quick ratio of 1.26.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of AMRC. Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in Ameresco in the first quarter valued at approximately $180,000. Hussman Strategic Advisors Inc. acquired a new stake in Ameresco in the first quarter worth $1,015,000. Victory Capital Management Inc. lifted its stake in Ameresco by 159.8% in the first quarter. Victory Capital Management Inc. now owns 117,274 shares of the utilities provider's stock valued at $1,417,000 after buying an additional 72,137 shares during the last quarter. Alps Advisors Inc. grew its position in shares of Ameresco by 2.2% during the first quarter. Alps Advisors Inc. now owns 50,285 shares of the utilities provider's stock worth $607,000 after acquiring an additional 1,060 shares during the last quarter. Finally, Rock Point Advisors LLC increased its holdings in shares of Ameresco by 97.7% in the 1st quarter. Rock Point Advisors LLC now owns 516,971 shares of the utilities provider's stock worth $6,245,000 after acquiring an additional 255,538 shares during the period. 99.24% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, CEO George P. Sakellaris acquired 50,000 shares of the business's stock in a transaction on Tuesday, March 4th. The shares were purchased at an average price of $9.96 per share, for a total transaction of $498,000.00. Following the completion of the purchase, the chief executive officer now directly owns 903,638 shares of the company's stock, valued at $9,000,234.48. This represents a 5.86 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Francis V. Wisneski, Jr. bought 3,500 shares of the firm's stock in a transaction dated Tuesday, March 4th. The stock was purchased 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 approximately $171,526.46. This represents a 24.58 % increase in their position. The disclosure for this purchase can be found here. In the last three months, insiders acquired 80,808 shares of company stock worth $785,274. 42.00% of the stock is currently owned by insiders.

Ameresco Company Profile

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.