Ameresco - AMRC Stock Forecast, Price & News

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Ameresco in the last twelve months. There are currently 1 sell rating, 1 hold rating and 7 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" AMRC shares.
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9 brokerages have issued 12 month price objectives for Ameresco's shares. Their AMRC share price forecasts range from $44.00 to $100.00. On average, they anticipate the company's stock price to reach $69.17 in the next year. This suggests that the stock has a possible downside of 3.7%.
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Ameresco's stock was trading at $81.44 at the beginning of the year. Since then, AMRC stock has decreased by 11.8% and is now trading at $71.81.
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The company is scheduled to release its next quarterly earnings announcement on Monday, November 7th 2022.
View our AMRC earnings forecast.

Ameresco, Inc. (NYSE:AMRC) announced its quarterly earnings data on Monday, August, 1st. The utilities provider reported $0.62 EPS for the quarter, topping analysts' consensus estimates of $0.45 by $0.17. The utilities provider had revenue of $577.40 million for the quarter, compared to analysts' expectations of $533.35 million. Ameresco had a net margin of 5.47% and a trailing twelve-month return on equity of 13.93%. During the same quarter in the previous year, the company posted $0.34 EPS.

Ameresco issued an update on its FY 2022 earnings guidance on Tuesday, August, 9th. The company provided earnings per share (EPS) guidance of $1.85-$1.95 for the period, compared to the consensus earnings per share estimate of $1.87. The company issued revenue guidance of $1.83 billion-$1.87 billion, compared to the consensus revenue estimate of $1.85 billion.

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.

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).

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

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.
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One share of AMRC stock can currently be purchased for approximately $71.81.

Ameresco (NYSE:AMRC) has a market capitalization of $3.72 billion and generates $1.22 billion in revenue each year. The utilities provider earns $70.46 million in net income (profit) each year or $1.79 on an earnings per share basis.

The company employs 1,272 workers across the globe.

Ameresco's mailing address is 111 Speen Street Suite 410, Framingham MA, 01701. The official website for the company is www.ameresco.com. The utilities provider can be reached via phone at (508) 661-2200, via email at lynn.morgen@advisiry.com, or via fax at 508-661-2201.