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.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Construction - special trade contractors
Sub-IndustryConstruction & Engineering
SectorUtilities
SymbolNYSE:AMRC
CUSIP02361E10
Phone508-661-2200
Debt
Debt-to-Equity Ratio0.63
Current Ratio1.57
Quick Ratio1.53
Price-To-Earnings
Trailing P/E Ratio19.54
Forward P/E Ratio20.92
P/E Growth1.14
Sales & Book Value
Annual Sales$717.15 million
Price / Sales0.95
Cash Flow$1.4306 per share
Price / Cash10.38
Book Value$7.39 per share
Price / Book2.01
Profitability
EPS (Most Recent Fiscal Year)$0.76
Net Income$37.49 million
Net Margins6.15%
Return on Equity13.83%
Return on Assets4.70%
Miscellaneous
Employees1,049
Outstanding Shares45,750,000
Market Cap$673.06 million
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 authorized a share repurchase program on Friday, April 7th 2017, which authorizes the company to buyback $5,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to purchase up to 1.8% of its shares through open market purchases. Shares buyback programs are generally a sign that the company's management believes its shares are undervalued.
How were Ameresco's earnings last quarter?
Ameresco Inc (NYSE:AMRC) posted its quarterly earnings results on Tuesday, August, 7th. The utilities provider reported $0.19 earnings per share for the quarter, beating the consensus estimate of $0.10 by $0.09. The utilities provider earned $196.98 million during the quarter, compared to analysts' expectations of $182.50 million. Ameresco had a return on equity of 13.83% and a net margin of 6.15%. Ameresco's revenue was up 18.2% on a year-over-year basis. During the same period last year, the firm posted $0.13 EPS. View Ameresco's Earnings History.
When is Ameresco's next earnings date?
What price target have analysts set for AMRC?
3 equities research analysts have issued 1 year price objectives for Ameresco's stock. Their forecasts range from $13.00 to $13.50. On average, they expect Ameresco's stock price to reach $13.1667 in the next twelve months. This suggests that the stock has a possible downside of 11.3%. 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 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Ameresco.
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. John R. Granara III, Exec. VP, CFO & Treasurer (Age 49)
- 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)
Has Ameresco been receiving favorable news coverage?
News stories about AMRC stock have been trending somewhat positive this week, Accern reports. Accern identifies negative and positive news coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Ameresco earned a daily sentiment score of 0.11 on Accern's scale. They also assigned headlines about the utilities provider an impact score of 45.54 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the next few days. View Recent Headlines for Ameresco.
Who are Ameresco's major shareholders?
Ameresco's stock is owned by many different of retail and institutional investors. Top institutional investors include Dimensional Fund Advisors LP (2.71%), Gagnon Securities LLC (2.07%), BlackRock Inc. (2.04%), Gagnon Advisors LLC (1.33%), Royce & Associates LP (1.25%) and Bandera Partners LLC (0.84%). Company insiders that own Ameresco stock include David Anderson, Jennifer L Miller, Joseph P Demanche, Louis P Maltezos, Neil Gagnon and Thomas S Murley. View Institutional Ownership Trends for Ameresco.
Which major investors are selling Ameresco stock?
AMRC stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Capital Impact Advisors LLC, EAM Investors LLC, EAM Global Investors LLC, Janney Montgomery Scott LLC and GSA Capital Partners LLP. Company insiders that have sold Ameresco company stock in the last year include David Anderson, Joseph P Demanche and Louis P Maltezos. View Insider Buying and Selling for Ameresco.
Which major investors are buying Ameresco stock?
AMRC stock was bought by a variety of institutional investors in the last quarter, including First Trust Advisors LP, Dimensional Fund Advisors LP, BlackRock Inc., Gagnon Securities LLC, Bank of America Corp DE, Dupont Capital Management Corp, Bandera Partners LLC and Gagnon 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 $14.85.
How big of a company is Ameresco?
Ameresco has a market capitalization of $673.06 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.
How can I contact Ameresco?
Ameresco's mailing address is 111 Speen Street Suite410, 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)
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.
