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Ameresco Stock Price, News & Analysis (NYSE:AMRC)

$30.35
-2.01 (-6.21%)
(As of 12/5/2023 ET)
Compare
Today's Range
$29.73
$32.15
50-Day Range
$21.71
$40.47
52-Week Range
$18.40
$67.00
Volume
596,049 shs
Average Volume
407,526 shs
Market Capitalization
$1.59 billion
P/E Ratio
34.49
Dividend Yield
N/A
Price Target
$54.85

Ameresco MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.77 Rating Score
Upside/​Downside
80.7% Upside
$54.85 Price Target
Short Interest
Bearish
13.61% of Float Sold Short
Dividend Strength
N/A
Sustainability
-1.27
Upright™ Environmental Score
News Sentiment
0.11mentions of Ameresco in the last 14 days
Based on 3 Articles This Week
Insider Trading
Acquiring Shares
$1.70 M Bought Last Quarter
Proj. Earnings Growth
76.07%
From $1.17 to $2.06 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.97 out of 5 stars

Oils/Energy Sector

15th out of 210 stocks

Construction - Special Trade Contractors Industry

1st out of 7 stocks


AMRC stock logo

About Ameresco Stock (NYSE:AMRC)

Ameresco, Inc., a clean technology integrator, provides a portfolio of energy efficiency and renewable energy supply solutions in the United States, Canada, and internationally. The company operates through U.S. Regions, U.S. Federal, Canada, and Alternative Fuels segments. It offers energy efficiency, infrastructure upgrades, energy security and resilience, asset sustainability, and renewable energy solutions for businesses and organizations. It designs, develops, engineers, and installs projects that reduce the energy, as well as operations and maintenance (O&M) costs of its customers' facilities. The company's projects primarily include various measures customized for the facility and designed to enhance the efficiency of building systems, such as heating, ventilation, cooling, and lighting systems. It also offers renewable energy solutions and services, such as the construction of small-scale plants that the company owns or develops for customers that produce electricity, gas, heat, or cooling from renewable sources of energy and O&M services; and electricity, processed renewable gas fuel, and heat or cooling produced from renewable sources of energy. In addition, the company sells photovoltaic (PV) solar energy products and systems, as well as provides consulting and enterprise energy management services; and owns and operates a wind power project. It serves the federal, state, and local governments, as well as healthcare and educational institutions, airports, public housing authorities and public universities, and commercial and industrial customers. As of December 31, 2022, the company owned and operated 162 small-scale renewable energy plants and solar PV installations. Ameresco, Inc. was incorporated in 2000 and is headquartered in Framingham, Massachusetts.

AMRC Stock Price History

AMRC Stock News Headlines

[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity
Autonomix has patented technology that can detect and target nerve signals at an accuracy never seen before, a $100B opportunity. Now the team with almost $600M in exits is planning to list Autonomix on the Nasdaq. And you can invest in Autonomix ahead of their intended Nasdaq listing.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.com
Massive Insider Trade At Ameresco
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity
Autonomix has patented technology that can detect and target nerve signals at an accuracy never seen before, a $100B opportunity. Now the team with almost $600M in exits is planning to list Autonomix on the Nasdaq. And you can invest in Autonomix ahead of their intended Nasdaq listing.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.com
336K Reasons To Be Bullish On Ameresco Stock
Ameresco President and CEO Trades Company's Stock
Founder of Ameresco Picks Up 2.0% More Stock
Why Ameresco Stock Plunged Today
Where Ameresco Stands With Analysts
Ameresco Reports Third Quarter 2023 Financial Results
Roth MKM Upgrades Ameresco Inc. - (AMRC)
Craig-Hallum Releases a Buy Rating on Ameresco (AMRC)
See More Headlines
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Company Calendar

Last Earnings
11/06/2023
Today
12/05/2023
Fiscal Year End
12/31/2023
Next Earnings (Estimated)
2/26/2024

Industry, Sector and Symbol

Industry
Construction - special trade contractors
Sub-Industry
Construction & Engineering
CUSIP
02361E10
Employees
1,363
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$54.85
High Stock Price Target
$80.00
Low Stock Price Target
$38.00
Potential Upside/Downside
+80.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.77
Research Coverage
13 Analysts

Profitability

Net Income
$94.93 million
Pretax Margin
2.78%

Debt

Sales & Book Value

Annual Sales
$1.82 billion
Cash Flow
$2.91 per share
Book Value
$16.81 per share

Miscellaneous

Free Float
30,427,000
Market Cap
$1.59 billion
Optionable
Optionable
Beta
1.53
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AMRC Stock Analysis - Frequently Asked Questions

Should I buy or sell Ameresco stock right now?

13 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Ameresco in the last year. There are currently 3 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" AMRC shares.
View AMRC analyst ratings
or view top-rated stocks.

What is Ameresco's stock price target for 2024?

13 Wall Street analysts have issued 12 month price objectives for Ameresco's shares. Their AMRC share price targets range from $38.00 to $80.00. On average, they predict the company's stock price to reach $54.85 in the next year. This suggests a possible upside of 80.7% from the stock's current price.
View analysts price targets for AMRC
or view top-rated stocks among Wall Street analysts.

How have AMRC shares performed in 2023?

Ameresco's stock was trading at $57.14 at the beginning of 2023. Since then, AMRC stock has decreased by 46.9% and is now trading at $30.35.
View the best growth stocks for 2023 here
.

Are investors shorting Ameresco?

Ameresco saw a increase in short interest in November. As of November 15th, there was short interest totaling 4,330,000 shares, an increase of 15.5% from the October 31st total of 3,750,000 shares. Based on an average daily trading volume, of 521,700 shares, the days-to-cover ratio is presently 8.3 days. Currently, 13.6% of the company's stock are sold short.
View Ameresco's Short Interest
.

When is Ameresco's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, February 26th 2024.
View our AMRC earnings forecast
.

How were Ameresco's earnings last quarter?

Ameresco, Inc. (NYSE:AMRC) released its quarterly earnings data on Monday, November, 6th. The utilities provider reported $0.40 EPS for the quarter, missing the consensus estimate of $0.47 by $0.07. The utilities provider earned $335.15 million during the quarter, compared to analyst estimates of $385.05 million. Ameresco had a trailing twelve-month return on equity of 5.59% and a net margin of 3.69%. The firm's revenue was down 24.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.54 EPS.

What guidance has Ameresco issued on next quarter's earnings?

Ameresco updated its FY23 earnings guidance on Monday, November, 6th. The company provided earnings per share (EPS) guidance of $1.15-1.25 for the period, compared to the consensus estimate of $1.74. The company issued revenue guidance of $1.315-1.370 billion, compared to the consensus revenue estimate of $1.53 billion.

What is George Sakellaris' approval rating as Ameresco's CEO?

27 employees have rated Ameresco Chief Executive Officer George Sakellaris on Glassdoor.com. George Sakellaris has an approval rating of 89% among the company's employees.

What other stocks do shareholders of Ameresco own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Ameresco investors own include NVIDIA (NVDA), Block (SQ), Advanced Micro Devices (AMD), Netflix (NFLX), Enterprise Products Partners (EPD), Alphabet (GOOG), Marvell Technology (MRVL), PayPal (PYPL), Salesforce (CRM) and DocuSign (DOCU).

Who are Ameresco's major shareholders?

Ameresco's stock is owned by many different retail and institutional investors. Top institutional shareholders include Handelsbanken Fonder AB (5.32%), Wellington Management Group LLP (2.24%), abrdn plc (1.62%), Guinness Asset Management LTD (1.25%), DekaBank Deutsche Girozentrale (1.19%) and Royal Bank of Canada (1.15%). Insiders that own company stock include Britta Macintosh, David Anderson, David J Corrsin, Douglas I Foy, Francis V Wisneski Jr, George P Sakellaris, George P Sakellaris, Joseph W Sutton, Joseph W Sutton, Lauren Todd, Louis P Maltezos, Mark Chiplock, Michael T Bakas, Nickolas Stavropoulos, Nicole E Bulgarino, Robert Georgeoff, Spencer Doran Hole and Thomas S Murley.
View institutional ownership trends
.

How do I buy shares of Ameresco?

Shares of AMRC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NYSE:AMRC) was last updated on 12/5/2023 by MarketBeat.com Staff

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