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

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

Ameresco Inc (NYSE:AMRC) issued its earnings results on Thursday, August, 8th. The utilities provider reported $0.18 EPS for the quarter, beating the Zacks' consensus estimate of $0.17 by $0.01. The utilities provider had revenue of $198.20 million for the quarter, compared to the consensus estimate of $196.95 million. Ameresco had a net margin of 4.62% and a return on equity of 8.29%. The business's revenue for the quarter was up .6% compared to the same quarter last year. During the same quarter last year, the firm posted $0.19 EPS. View Ameresco's Earnings History.

Ameresco is scheduled to release their next quarterly earnings announcement on Tuesday, October 29th 2019. View Earnings Estimates for Ameresco.

Ameresco updated its FY19 earnings guidance on Thursday, August, 8th. The company provided earnings per share guidance of $0.77-0.85 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.78. The company issued revenue guidance of $845-885 million, compared to the consensus revenue estimate of $853.57 million.

4 Wall Street analysts have issued 12 month price objectives for Ameresco's stock. Their predictions range from $17.00 to $19.50. On average, they anticipate Ameresco's share price to reach $18.63 in the next year. This suggests a possible upside of 26.1% from the stock's current price. View Analyst Price Targets for Ameresco.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ameresco in the last year. There are currently 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Ameresco.

News articles about AMRC stock have been trending somewhat positive recently, InfoTrie Sentiment Analysis reports. The research group ranks the sentiment of news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Ameresco earned a news impact score of 1.8 on InfoTrie's scale. They also assigned media coverage about the utilities provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View News Stories for Ameresco.

Ameresco saw a decline in short interest in September. As of September 30th, there was short interest totalling 904,700 shares, a decline of 11.3% from the August 30th total of 1,020,000 shares. Based on an average daily volume of 113,100 shares, the short-interest ratio is currently 8.0 days. Currently, 4.9% of the shares of the stock are sold short. View Ameresco's Current Options Chain.

Some companies that are related to Ameresco include Jacobs Engineering Group (JEC), Aecom (ACM), Quanta Services (PWR), MasTec (MTZ), Emcor Group (EME), KBR (KBR), Fluor Co. (NEW) (FLR), Granite Construction (GVA), Comfort Systems USA (FIX), Dycom Industries (DY), Primoris Services (PRIM), Tutor Perini (TPC), Great Lakes Dredge & Dock (GLDD), Aegion (AEGN) and Argan (AGX).

Based on aggregate information from My MarketBeat watchlists, some companies that other Ameresco investors own include EnerNOC (ENOC), Advanced Micro Devices (AMD), Netflix (NFLX), Enterprise Products Partners (EPD), Allena Pharmaceuticals (ALNA), Applied Materials (AMAT), Ambarella (AMBA), Cypress Semiconductor (CY), Immunomedics (IMMU) and Marvell Technology Group (MRVL).

Ameresco's stock is owned by many different of retail and institutional investors. Top institutional investors include Strs Ohio (0.03%). Company insiders that own Ameresco stock include David Anderson, David J Corrsin, Francis V Wisneski Jr, George P Sakellaris, Jennifer L Miller, Joseph P Demanche, Joseph W Sutton, Louis P Maltezos, Mark Chiplock, Michael T Bakas, Nickolas Stavropoulos and Thomas S Murley. View Institutional Ownership Trends for Ameresco.

AMRC stock was sold by a variety of institutional investors in the last quarter, including Strs Ohio. Company insiders that have sold Ameresco company stock in the last year include David Anderson, David J Corrsin, Francis V Wisneski Jr, George P Sakellaris, Joseph W Sutton, Mark Chiplock and Michael T Bakas. View Insider Buying and Selling for 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, Robinhood, Fidelity and Charles Schwab.

One share of AMRC stock can currently be purchased for approximately $14.77.

Ameresco has a market capitalization of $685.51 million and generates $787.14 million in revenue each year. The utilities provider earns $37.98 million in net income (profit) each year or $0.81 on an earnings per share basis. Ameresco employs 1,116 workers across the globe.View Additional Information About Ameresco.

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

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]