NYSE:AMRC

Ameresco (AMRC) Stock Price, News & Analysis

$21.29
+0.40 (+1.91%)
(As of 04/24/2024 ET)
Today's Range
$20.57
$21.63
50-Day Range
$18.11
$24.99
52-Week Range
$17.55
$63.19
Volume
437,634 shs
Average Volume
540,890 shs
Market Capitalization
$1.11 billion
P/E Ratio
18.04
Dividend Yield
N/A
Price Target
$44.69

Ameresco MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.75 Rating Score
Upside/​Downside
109.9% Upside
$44.69 Price Target
Short Interest
Bearish
15.65% of Float Sold Short
Dividend Strength
N/A
Sustainability
-1.27
Upright™ Environmental Score
News Sentiment
0.07mentions of Ameresco in the last 14 days
Based on 18 Articles This Week
Insider Trading
Selling Shares
$5,892 Sold Last Quarter
Proj. Earnings Growth
37.41%
From $1.39 to $1.91 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.

4.98 out of 5 stars

Oils/Energy Sector

3rd out of 230 stocks

Construction - Special Trade Contractors Industry

1st out of 8 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

$25,000 into $109,616 in two months?
Today I want to show you how our research shows you could’ve grown a $25,000 account into $109,616.12 within the last TWO months. You see, former multi-million dollar hedge fund manager Roger Scott spent the better half of 2023 developing what might be the most advanced trading tool that exists… It’s a revolutionary software system that tracks the moves of institutional investors…. in real time…
Insider Stock Buying Reaches US$2.21m On Ameresco
$25,000 into $109,616 in two months?
Today I want to show you how our research shows you could’ve grown a $25,000 account into $109,616.12 within the last TWO months. You see, former multi-million dollar hedge fund manager Roger Scott spent the better half of 2023 developing what might be the most advanced trading tool that exists… It’s a revolutionary software system that tracks the moves of institutional investors…. in real time…
Ameresco (NYSE:AMRC) Upgraded by StockNews.com to "Sell"
4 Analysts Assess Ameresco: What You Need To Know
Ameresco's EVP and CFO sells $2.2k in stock
Ameresco executive VP sells over $1,600 in stock
Ameresco: Awaiting Key Factors Evolution In 2024
AMRC May 2024 22.500 call
AMRC Oct 2024 7.500 put
AMRC Apr 2024 25.000 put
See More Headlines
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Company Calendar

Last Earnings
2/28/2024
Today
4/25/2024
Next Earnings (Confirmed)
5/07/2024
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
$44.69
High Stock Price Target
$73.00
Low Stock Price Target
$30.00
Potential Upside/Downside
+109.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
16 Analysts

Profitability

Net Income
$62.47 million
Pretax Margin
2.78%

Debt

Sales & Book Value

Annual Sales
$1.37 billion
Cash Flow
$2.93 per share
Book Value
$17.71 per share

Miscellaneous

Free Float
30,455,000
Market Cap
$1.11 billion
Optionable
Optionable
Beta
1.56
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AMRC Stock Analysis - Frequently Asked Questions

Should I buy or sell Ameresco stock right now?

16 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Ameresco in the last year. There are currently 4 hold ratings and 12 buy ratings for the stock. The consensus among Wall Street equities 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?

16 brokers have issued 12 month target prices for Ameresco's stock. Their AMRC share price targets range from $30.00 to $73.00. On average, they predict the company's share price to reach $44.69 in the next year. This suggests a possible upside of 109.9% 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 2024?

Ameresco's stock was trading at $31.67 at the start of the year. Since then, AMRC shares have decreased by 32.8% and is now trading at $21.29.
View the best growth stocks for 2024 here
.

Are investors shorting Ameresco?

Ameresco saw a increase in short interest during the month of March. As of March 15th, there was short interest totaling 4,800,000 shares, an increase of 19.4% from the February 29th total of 4,020,000 shares. Based on an average daily volume of 514,300 shares, the short-interest ratio is presently 9.3 days. Approximately 15.1% of the company's shares are short sold.
View Ameresco's Short Interest
.

When is Ameresco's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 7th 2024.
View our AMRC earnings forecast
.

How can I listen to Ameresco's earnings call?

Ameresco will be holding an earnings conference call on Tuesday, May 7th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link.

How were Ameresco's earnings last quarter?

Ameresco, Inc. (NYSE:AMRC) issued its quarterly earnings results on Wednesday, February, 28th. The utilities provider reported $0.69 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.60 by $0.09. The utilities provider earned $441.40 million during the quarter, compared to analysts' expectations of $399.98 million. Ameresco had a net margin of 4.54% and a trailing twelve-month return on equity of 7.49%. The firm's revenue was up 33.1% compared to the same quarter last year. During the same period in the prior year, the company earned $0.35 earnings per share.

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

Ameresco updated its first quarter 2024 earnings guidance on Wednesday, February, 28th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $225.0 million-$275.0 million, compared to the consensus revenue estimate of $339.8 million.

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 a number of institutional and retail investors. Top institutional investors include Guinness Asset Management LTD (1.08%), Bridge City Capital LLC (0.15%), ARGA Investment Management LP (0.06%) and Guinness Atkinson Asset Management Inc (0.04%). Insiders that own company stock include Britta Macintosh, David Anderson, 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:AMRC) was last updated on 4/25/2024 by MarketBeat.com Staff

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