NYSE:AMRC - Ameresco Stock Price, News, & Analysis

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$14.07 -0.30 (-2.09 %)
(As of 11/20/2018 01:08 PM ET)
Previous Close$14.37
Today's Range$14.07 - $14.32
52-Week Range$7.65 - $16.59
Volume3,924 shs
Average Volume170,932 shs
Market Capitalization$681.82 million
P/E Ratio18.62
Dividend YieldN/A
Beta0.39
Ameresco, Inc. provides comprehensive energy services for businesses and organizations in North America and Europe. It offers energy efficiency, infrastructure upgrades, energy security and resilience, asset sustainability, and renewable energy solutions. The company operates through U.S. Regions, U.S. Federal, Canada, and Non-Solar Distributed Generation segments. It designs, develops, engineers, and installs projects that reduce the energy, as well as operations and maintenance costs of 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 products and services, such as the construction of small-scale plants for customers that produce electricity, gas, heat, or cooling from renewable sources of energy; and sells electricity and processed renewable gas fuel, heat, or cooling. In addition, the company provides enterprise energy management and consulting services; and sells solar photovoltaic (PV) energy products and systems. It serves federal, state, and local governments, as well as healthcare and educational institutions, housing authorities, and commercial and industrial customers. As of December 31, 2017, the company owned and operated 73 small-scale renewable energy plants and solar PV installations. Ameresco, Inc. was founded in 2000 and is headquartered in Framingham, Massachusetts.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Construction - special trade contractors
Sub-IndustryConstruction & Engineering
SectorOils/Energy
Current SymbolNYSE:AMRC
Previous Symbol
CUSIP02361E10
Phone508-661-2200

Debt

Debt-to-Equity Ratio0.62
Current Ratio1.42
Quick Ratio1.39

Price-To-Earnings

Trailing P/E Ratio18.62
Forward P/E Ratio18.27
P/E Growth1.1

Sales & Book Value

Annual Sales$717.15 million
Price / Sales0.90
Cash Flow$1.2932 per share
Price / Cash10.88
Book Value$7.39 per share
Price / Book1.90

Profitability

EPS (Most Recent Fiscal Year)$0.76
Net Income$37.49 million
Net Margins6.43%
Return on Equity14.06%
Return on Assets4.71%

Miscellaneous

Employees1,049
Outstanding Shares45,980,000
Market Cap$681.82 million
OptionableOptionable

Ameresco (NYSE:AMRC) Frequently Asked Questions

What is Ameresco's stock symbol?

Ameresco trades on the New York Stock Exchange (NYSE) under the ticker symbol "AMRC."

How will Ameresco's stock buyback program work?

Ameresco announced that its board has initiated a share repurchase plan on Friday, April 7th 2017, which permits the company to buyback $5,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to purchase up to 1.8% of its stock through open market purchases. Stock buyback plans are typically an indication that the company's management believes its stock is undervalued.

How were Ameresco's earnings last quarter?

Ameresco Inc (NYSE:AMRC) issued its quarterly earnings data on Tuesday, October, 30th. The utilities provider reported $0.23 earnings per share for the quarter, beating analysts' consensus estimates of $0.15 by $0.08. The utilities provider had revenue of $205.40 million for the quarter, compared to the consensus estimate of $208.40 million. Ameresco had a return on equity of 14.06% and a net margin of 6.43%. The firm's quarterly revenue was up .3% on a year-over-year basis. During the same period in the prior year, the firm earned $0.18 earnings per share. View Ameresco's Earnings History.

When is Ameresco's next earnings date?

Ameresco is scheduled to release their next quarterly earnings announcement on Tuesday, March 5th 2019. View Earnings Estimates for Ameresco.

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

Ameresco updated its FY 2018 earnings guidance on Tuesday, October, 30th. The company provided earnings per share (EPS) guidance of $0.71-0.79 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.71. The company issued revenue guidance of $780-820 million, compared to the consensus revenue estimate of $798.9 million.

What price target have analysts set for AMRC?

3 brokerages have issued twelve-month target prices for Ameresco's shares. Their predictions range from $14.00 to $17.00. On average, they anticipate Ameresco's share price to reach $15.8333 in the next twelve months. This suggests a possible upside of 11.8% from the stock's current price. View Analyst Price Targets for Ameresco.

What is the consensus analysts' recommendation for Ameresco?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ameresco in the last year. There are currently 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Ameresco.

Has Ameresco been receiving favorable news coverage?

Media stories about AMRC stock have trended neutral recently, according to InfoTrie. The research firm scores the sentiment of media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Ameresco earned a media sentiment score of 0.4 on InfoTrie's scale. They also gave news headlines about the utilities provider a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the stock's share price in the next several days.

Who are some of Ameresco's key competitors?

Who are Ameresco's key executives?

Ameresco's management team includes the folowing people:
  • Mr. George P. Sakellaris, Founder, Chairman, CEO & Pres (Age 71)
  • Mr. Michael T. Bakas, Exec. VP of Distributed Energy Systems (Age 49)
  • Mr. Louis P. Maltezos, Exec. VP (Age 51)
  • Ms. Nicole Allen Bulgarino, Exec. VP & GM of Federal Solutions (Age 45)
  • Mr. Mark Chiplock, Chief Accounting Officer, Interim CFO, VP & Treasurer (Age 48)

Who are Ameresco's major shareholders?

Ameresco's stock is owned by a number of of retail and institutional investors. Top institutional investors include Dimensional Fund Advisors LP (3.03%), Gagnon Securities LLC (2.20%), BlackRock Inc. (2.21%), Royce & Associates LP (1.26%), Franklin Resources Inc. (1.13%) and Handelsbanken Fonder AB (0.83%). Company insiders that own Ameresco stock include David Anderson, Francis V Wisneski Jr, Jennifer L Miller, Joseph P Demanche, Louis P Maltezos, Mark Chiplock, Neil Gagnon and Thomas S Murley. View Institutional Ownership Trends for Ameresco.

Which institutional investors are selling Ameresco stock?

AMRC stock was sold by a variety of institutional investors in the last quarter, including Rock Point Advisors LLC, Franklin Resources Inc., First Trust Advisors LP, Renaissance Technologies LLC, Panagora Asset Management Inc., Wells Fargo & Company MN, JPMorgan Chase & Co. and JPMorgan Chase & Co.. Company insiders that have sold Ameresco company stock in the last year include David Anderson, Francis V Wisneski Jr, Joseph P Demanche, Louis P Maltezos and Mark Chiplock. View Insider Buying and Selling for Ameresco.

Which institutional investors are buying Ameresco stock?

AMRC stock was bought by a variety of institutional investors in the last quarter, including Handelsbanken Fonder AB, Dimensional Fund Advisors LP, BlackRock Inc., Gagnon Securities LLC, Engineers Gate Manager LP and Citadel Advisors LLC. Company insiders that have bought Ameresco stock in the last two years include Jennifer L Miller and Thomas S Murley. View Insider Buying and Selling for Ameresco.

How do I buy shares of Ameresco?

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

What is Ameresco's stock price today?

One share of AMRC stock can currently be purchased for approximately $14.16.

How big of a company is Ameresco?

Ameresco has a market capitalization of $681.82 million and generates $717.15 million in revenue each year. The utilities provider earns $37.49 million in net income (profit) each year or $0.76 on an earnings per share basis. Ameresco employs 1,049 workers across the globe.

What is Ameresco's official website?

The official website for Ameresco is http://www.ameresco.com.

How can I contact Ameresco?

Ameresco's mailing address is 111 Speen Street Suite 410, Framingham MA, 01701. The utilities provider can be reached via phone at 508-661-2200 or via email at [email protected]


MarketBeat Community Rating for Ameresco (NYSE AMRC)

Community Ranking:  2.9 out of 5 (star star)
Outperform Votes:  242 (Vote Outperform)
Underperform Votes:  177 (Vote Underperform)
Total Votes:  419
MarketBeat's community ratings are surveys of what our community members think about Ameresco and other stocks. Vote "Outperform" if you believe AMRC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe AMRC will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 11/20/2018 by MarketBeat.com Staff

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