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Ameresco (AMRC) Stock Price, News & Analysis

$30.89
-1.42 (-4.39%)
(As of 07/26/2024 ET)
Today's Range
$30.85
$34.65
50-Day Range
$25.80
$36.56
52-Week Range
$17.55
$59.66
Volume
521,803 shs
Average Volume
535,017 shs
Market Capitalization
$1.62 billion
P/E Ratio
28.08
Dividend Yield
N/A
Price Target
$40.85

Ameresco MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.81 Rating Score
Upside/​Downside
32.2% Upside
$40.85 Price Target
Short Interest
Bearish
13.11% of Float Sold Short
Dividend Strength
N/A
Sustainability
-1.27
Upright™ Environmental Score
News Sentiment
0.70mentions of Ameresco in the last 14 days
Based on 9 Articles This Week
Insider Trading
Selling Shares
$105,000 Sold Last Quarter
Proj. Earnings Growth
28.26%
From $1.38 to $1.77 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.97 out of 5 stars

Oils/Energy Sector

3rd out of 248 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, 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. It designs, develops, engineers, and installs projects that reduce the energy, as well as operations and maintenance (O&M) costs of its customers' facilities; and 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. In addition, the company 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. Further, the company sells photovoltaic (PV) solar energy products and systems, as well as provides consulting, and enterprise energy management services; and operates wind farms. It serves the federal, state, local governments, healthcare and educational institutions, airports, public housing authorities and public universities, municipal utilities, and commercial and industrial customers. As of December 31, 2023, the company owned and operated 185 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

Ameresco (NYSE:AMRC) Shares Gap Up After Analyst Upgrade
625,000% Gain
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Key Takeaways From Ameresco Analyst Ratings
625,000% Gain
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Ameresco to Participate at Upcoming Conferences
Ameresco Inc. Cl A
See More Headlines
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Company Calendar

Last Earnings
5/07/2024
Today
7/26/2024
Next Earnings (Confirmed)
8/05/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Construction - special trade contractors
Sub-Industry
Construction & Engineering
CUSIP
02361E10
Employees
1,503
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$40.85
High Stock Price Target
$73.00
Low Stock Price Target
$32.00
Potential Upside/Downside
+25.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.81
Research Coverage
16 Analysts

Profitability

Net Income
$62.47 million
Pretax Margin
2.21%

Debt

Sales & Book Value

Annual Sales
$1.37 billion
Cash Flow
$2.71 per share
Book Value
$17.71 per share

Miscellaneous

Free Float
30,357,000
Market Cap
$1.70 billion
Optionable
Optionable
Beta
1.78
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AMRC Stock Analysis - Frequently Asked Questions

How have AMRC shares performed this year?

Ameresco's stock was trading at $31.67 on January 1st, 2024. Since then, AMRC shares have decreased by 2.5% and is now trading at $30.89.
View the best growth stocks for 2024 here
.

How were Ameresco's earnings last quarter?

Ameresco, Inc. (NYSE:AMRC) released its quarterly earnings data on Tuesday, May, 7th. The utilities provider reported ($0.10) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.11) by $0.01. The company's quarterly revenue was up 10.1% on a year-over-year basis.

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.

Who are Ameresco's major shareholders?

Ameresco's top institutional shareholders include Guinness Asset Management LTD (1.07%), DNB Asset Management AS (0.56%), Clean Yield Group (0.32%) and Bank of New York Mellon Corp (0.25%). Insiders that own company stock include George P Sakellaris, Britta Macintosh, Nicole E Bulgarino, Louis P Maltezos, Francis V Wisneski Jr, Nickolas Stavropoulos, Spencer Doran Hole, Mark Chiplock, Robert Georgeoff, Michael T Bakas, Thomas S Murley, Lauren Todd, Douglas I Foy and Joseph W Sutton.
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Ameresco own?

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

This page (NYSE:AMRC) was last updated on 7/26/2024 by MarketBeat.com Staff

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