About Ameresco (NYSE:AMRC)
Ameresco, Inc. (Ameresco) is a provider of a range of energy services, including energy efficiency, infrastructure upgrades, energy security and resilience, asset sustainability and renewable energy solutions for businesses and organizations throughout North America and Europe. Ameresco's sustainability services include capital and operational upgrades to a facility's energy infrastructure and the development, construction, ownership and operation of renewable energy plants. Its segments include U.S. Regions, U.S. Federal, Canada, Small-Scale Infrastructure and All Other. Its U.S. Regions, U.S. Federal and Canada segments offer energy efficiency products and services. Its Small-Scale Infrastructure segment sells electricity, processed renewable gas fuel, heat or cooling, produced from renewable sources of energy and generated by small-scale plants that it owns. The All Other segment offers enterprise energy management services, consulting services and integrated-photovoltaic (PV).
Industry, Sector and Symbol:
- Sector: Utilities
- Industry: Renewable Energy Services
- Sub-Industry: Construction & Engineering
- Symbol: NYSE:AMRC
- CUSIP: 02361E10
- Web: www.ameresco.com
- Market Cap: $350.56 million
- Outstanding Shares: 45,527,000
- 50 Day Moving Avg: $7.67
- 200 Day Moving Avg: $7.03
- 52 Week Range: $4.60 - $8.00
Sales & Book Value:
- Trailing P/E Ratio: 25.42
- Foreward P/E Ratio: 14.17
- P/E Growth: 3.08
- Annual Revenue: $656.1 million
- Price / Sales: 0.53
- Book Value: $6.66 per share
- Price / Book: 1.15
- EBITDA: $54.85 million
- Net Margins: 2.16%
- Return on Equity: 5.23%
- Return on Assets: 1.93%
- Debt-to-Equity Ratio: 0.57%
- Current Ratio: 1.29%
- Quick Ratio: 1.23%
- Average Volume: 62,226 shs.
- Beta: 1.14
- Short Ratio: 4.29
Frequently Asked Questions for Ameresco (NYSE:AMRC)
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 declared that its Board of Directors has authorized a stock buyback plan on Friday, April 7th 2017, which permits the company to buyback $5,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to reacquire up to 1.8% of its shares through open market purchases. Shares buyback plans are typically a sign that the company's leadership believes its stock is undervalued.
How were Ameresco's earnings last quarter?
Ameresco, Inc. (NYSE:AMRC) released its earnings results on Wednesday, August, 9th. The company reported $0.13 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.07 by $0.06. The business had revenue of $166.70 million for the quarter, compared to analysts' expectations of $162.53 million. Ameresco had a return on equity of 5.23% and a net margin of 2.16%. Ameresco's revenue for the quarter was up 2.5% compared to the same quarter last year. During the same quarter last year, the business earned $0.08 earnings per share. View Ameresco's Earnings History.
What guidance has Ameresco issued on next quarter's earnings?
Ameresco updated its FY17 earnings guidance on Wednesday, August, 9th. The company provided EPS guidance of $0.37-0.43 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.37. The company issued revenue guidance of $665-700 million, compared to the consensus revenue estimate of $682.14 million.
Where is Ameresco's stock going? Where will Ameresco's stock price be in 2017?
3 brokerages have issued 12-month price objectives for Ameresco's shares. Their predictions range from $8.00 to $9.00. On average, they expect Ameresco's stock price to reach $8.50 in the next year. View Analyst Ratings for Ameresco.
What are analysts saying about Ameresco stock?
Here are some recent quotes from research analysts about Ameresco stock:
- 1. According to Zacks Investment Research, "Ameresco, Inc. is an independent provider of comprehensive energy efficiency solutions for facilities throughout North America. The Company's solutions include upgrades to a facility's energy infrastructure, and the construction and operation of renewable energy plants. It engages in the development, design, engineering, and installation of projects that reduce the energy, as well as operation and maintenance costs of governmental, educational, utility, healthcare, and other institutional, commercial, and industrial entities facilities. Ameresco, Inc. is headquartered in Framingham, Massachusetts. " (10/10/2017)
- 2. Canaccord Genuity analysts commented, "We believe the risk/reward gets more attractive at current levels as growth trends appear to be improving." (8/7/2017)
Who are some of Ameresco's key competitors?
Some companies that are related to Ameresco include Smart Metering Systems PLC (SMS), MYR Group (MYRG), Spark Energy (SPKE), The York Water Company (YORW), Lumos Networks Corp. (LMOS), Artesian Resources Corporation (ARTNA), Atlantic Power Corp (ATP), Clean Energy Fuels Corp. (CLNE), Hawaiian Telcom Holdco (HCOM), IDT Corporation (IDT), AquaVenture Holdings Ltd (WAAS), Atlantic Power Corporation (AT), Delta Natural Gas Company (DGAS), Consolidated Water Co. (CWCO), Global Water Resources (GWRS), Pure Cycle Corporation (PCYO), Alaska Communications Systems Group (ALSK) and OPG Power Ventures Plc. (OPG).
Who are Ameresco's key executives?
Ameresco's management team includes the folowing people:
- George P. Sakellaris, Chairman of the Board, President, Chief Executive Officer
- John R. Granara III, Chief Financial Officer, Executive Vice President, Treasurer, IR Contact Officer
- David J. Corrsin, Executive Vice President, General Counsel, Secretary, Director
- David J. Anderson, Executive Vice President, Director
- Joseph P. DeManche, Executive Vice President - Engineering and Operations
- Louis P. Maltezos, Executive Vice President
- Nicole Bulgarino, Senior Vice President and General Manager, Federal Solutions
- Michael T. Bakas, Senior Vice President - Renewable Energy
- Joseph W. Sutton, Lead Independent Director
- Douglas I. Foy, Independent Director
Who owns Ameresco stock?
Ameresco's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Strs Ohio (0.18%) and Nationwide Fund Advisors (0.04%). Company insiders that own Ameresco stock include Douglas I Foy, Francis V Wisneski Jr, Francis V Wisneski, Jr, George P Sakellaris, Jennifer L Miller, Joseph P Demanche, Louis P Maltezos, Neil Gagnon and Thomas S Murley. View Institutional Ownership Trends for Ameresco.
Who sold Ameresco stock? Who is selling Ameresco stock?
Ameresco's stock was sold by a variety of institutional investors in the last quarter, including Nationwide Fund Advisors and Strs Ohio. Company insiders that have sold Ameresco stock in the last year include Joseph P Demanche, Louis P Maltezos and Neil Gagnon. View Insider Buying and Selling for Ameresco.
How do I buy Ameresco stock?
Shares of Ameresco can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Ameresco's stock price today?
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 the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Ameresco stock can currently be purchased for approximately $7.65.
Consensus Ratings for Ameresco (NYSE:AMRC) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||3 Buy Ratings|
|Consensus Rating:||Buy (Score: 3.00)|
|Consensus Price Target: ||$8.50 (11.11% upside)|Consensus Price Target History for Ameresco (NYSE:AMRC)
Analysts' Ratings History for Ameresco (NYSE:AMRC)
(Data available from 10/24/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|8/9/2017||Oppenheimer Holdings, Inc.||Set Price Target||Buy||$9.00||High|
|8/7/2017||Canaccord Genuity||Boost Price Target||Buy||$8.00 -> $8.50||High|
|5/4/2017||Roth Capital||Upgrade||Neutral -> Buy||$6.50 -> $8.00||Low|
Earnings History for Ameresco (NYSE:AMRC)Earnings History by Quarter for Ameresco (NYSE AMRC)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|8/9/2017||Q2 2017||$0.07||$0.13||$162.53 million||$166.70 million||View||Listen|
|5/2/2017||Q1 2017||$0.02||($0.04)||$131.95 million||$134.61 million||View||Listen|
|3/2/2017||Q4 2016||$0.04||$0.08||$171.93 million||$174.20 million||View||Listen|
|11/1/2016||Q316||$0.07||$0.16||$171.80 million||$180.60 million||View||Listen|
|8/9/2016||Q216||$0.04||$0.08||$148.55 million||$162.60 million||View||Listen|
|5/5/2016||Q116||($0.08)||$0.03||$127.25 million||$133.80 million||View||Listen|
|3/3/2016||Q415||$0.11||$0.09||$177.50 million||$173.80 million||View||Listen|
|11/5/2015||Q315||$0.12||$0.09||$168.15 million||$189.10 million||View||Listen|
|7/30/2015||Q215||$0.01||$0.04||$142.33 million||$152.50 million||View||Listen|
|5/7/2015||Q115||($0.18)||($0.09)||$104.97 million||$115.40 million||View||Listen|
|3/5/2015||Q414||$0.16||$0.18||$173.47 million||$181.10 million||View||Listen|
|11/6/2014||Q314||$0.13||$0.16||$161.00 million||$168.90 million||View||Listen|
|7/31/2014||Q214||($0.02)||$0.06||$122.10 million||$142.60 million||View||Listen|
|5/8/2014||Q114||($0.13)||($0.18)||$99.60 million||$100.70 million||View||Listen|
|3/13/2014||Q413||$0.21||$0.03||$175.33 million||$176.10 million||View||Listen|
|11/7/2013||Q313||$0.18||$0.10||$185.00 million||$161.60 million||View||Listen|
|8/8/2013||Q2 2013||$0.01||($0.04)||$127.00 million||$126.25 million||View||Listen|
|5/9/2013||Q1 2013||$0.03||($0.04)||$126.67 million||$110.10 million||View||Listen|
|3/18/2013||Q4 2012||$0.14||$0.11||$162.13 million||$156.60 million||View||Listen|
|11/8/2012||Q312||$0.23||$0.15||$196.02 million||$163.90 million||View||N/A|
Earnings Estimates for Ameresco (NYSE:AMRC)
Current Year EPS Consensus Estimate: $0.41 EPS
Next Year EPS Consensus Estimate: $0.54 EPS
Dividend History for Ameresco (NYSE:AMRC)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for Ameresco (NYSE:AMRC)
Insider Ownership Percentage: 58.36%Insider Trades by Quarter for Ameresco (NYSE:AMRC)
Institutional Ownership Percentage: 23.83%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|10/5/2017||Joseph P Demanche||Insider||Sell||798||$8.00||$6,384.00|| |
|10/3/2017||Joseph P Demanche||Insider||Sell||2,195||$8.00||$17,560.00|| |
|9/22/2017||Joseph P Demanche||Insider||Sell||4,220||$7.80||$32,916.00|| |
|8/29/2017||Jennifer L Miller||Director||Buy||2,000||$7.45||$14,900.00|| |
|5/30/2017||Louis P Maltezos||Insider||Sell||23,175||$6.61||$153,186.75|| |
|5/16/2017||Louis P Maltezos||Insider||Sell||23,175||$6.65||$154,113.75|| |
|5/8/2017||Thomas S Murley||Director||Buy||4,000||$6.85||$27,400.00|| |
|4/18/2017||Louis P Maltezos||Insider||Sell||23,175||$6.15||$142,526.25|| |
|4/4/2017||Louis P Maltezos||Insider||Sell||23,175||$6.27||$145,307.25|| |
|3/21/2017||Louis P Maltezos||Insider||Sell||23,175||$5.84||$135,342.00|| |
|12/9/2016||Neil Gagnon||Major Shareholder||Sell||39,300||$6.17||$242,481.00|| |
|8/15/2016||Jennifer L Miller||Director||Buy||2,000||$5.02||$10,040.00|| |
|7/12/2016||Neil Gagnon||Major Shareholder||Buy||9,863||$5.21||$51,386.23|| |
|3/8/2016||Francis V Wisneski Jr||Director||Buy||1,000||$4.85||$4,850.00|| |
|3/7/2016||Douglas I Foy||Director||Buy||4,000||$5.04||$20,160.00|| |
|3/7/2016||Neil Gagnon||Major Shareholder||Buy||15,530||$5.06||$78,581.80|| |
|3/3/2016||Neil Gagnon||Major Shareholder||Buy||408||$5.00||$2,040.00|| |
|1/11/2016||George P Sakellaris||CEO||Buy||41,749||$5.68||$237,134.32|| |
|12/8/2015||Francis V. Wisneski, Jr.||Director||Buy||1,000||$5.97||$5,970.00|| |
|12/8/2015||George P Sakellaris||CEO||Buy||22,932||$5.93||$135,986.76|| |
|12/7/2015||Francis V. Wisneski, Jr.||Director||Buy||9,100||$6.16||$56,056.00|| |
|11/17/2015||Neil Gagnon||Major Shareholder||Buy||6,326||$6.44||$40,739.44|| |
|11/16/2015||Francis V. Wisneski, Jr.||Director||Buy||1,500||$6.35||$9,525.00|| |
|11/16/2015||George P Sakellaris||CEO||Buy||9,845||$6.34||$62,417.30|| |
|11/16/2015||Neil Gagnon||Major Shareholder||Buy||2,689||$6.43||$17,290.27|| |
|11/6/2015||Neil Gagnon||Major Shareholder||Buy||22,129||$6.83||$151,141.07|| |
|11/5/2015||Neil Gagnon||Major Shareholder||Buy||35,000||$6.76||$236,600.00|| |
|11/2/2015||Neil Gagnon||Major Shareholder||Buy||4,065||$6.40||$26,016.00|| |
|9/9/2015||Francis V. Wisneski, Jr.||Director||Buy||3,000||$5.87||$17,610.00|| |
|9/3/2015||Francis V Wisneski Jr||Director||Buy||1,000||$5.50||$5,500.00|| |
|9/2/2015||Francis V. Wisneski, Jr.||Director||Buy||1,000||$5.58||$5,580.00|| |
|9/1/2015||George P Sakellaris||CEO||Buy||50,000||$5.67||$283,500.00|| |
|8/25/2015||Francis V. Wisneski, Jr.||Director||Buy||3,500||$5.53||$19,355.00|| |
|8/25/2015||George P. Sakellaris||CEO||Buy||50,000||$5.75||$287,500.00|| |
|8/24/2015||Francis V. Wisneski, Jr.||Director||Buy||2,120||$5.57||$11,808.40|| |
|8/24/2015||George P. Sakellaris||CEO||Buy||36,547||$5.80||$211,972.60|| |
|8/21/2015||Francis V. Wisneski, Jr.||Director||Buy||6,300||$5.90||$37,170.00|| |
|8/19/2015||Francis V Wisneski Jr||Director||Buy||1,000||$6.10||$6,100.00|| |
|8/19/2015||George P. Sakellaris||CEO||Buy||50,000||$6.19||$309,500.00|| |
|8/18/2015||Francis V. Wisneski, Jr.||Director||Buy||5,300||$6.26||$33,178.00|| |
|8/14/2015||George P Sakellaris||CEO||Buy||30,507||$6.50||$198,295.50|| |
|6/9/2015||Francis V Wisneski Jr||Director||Buy||1,000||$6.83||$6,830.00|| |
|6/4/2015||Francis V Wisneski Jr||Director||Buy||1,000||$6.93||$6,930.00|| |
|6/3/2015||Francis V Wisneski Jr||Director||Buy||1,096||$7.04||$7,715.84|| |
|6/1/2015||Francis V Wisneski Jr||Director||Buy||1,385||$7.10||$9,833.50|| |
|5/29/2015||George P Sakellaris||CEO||Buy||26,427||$7.17||$189,481.59|| |
|5/27/2015||George P Sakellaris||CEO||Buy||17,884||$6.98||$124,830.32|| |
|5/26/2015||Francis V Wisneski Jr||Director||Buy||7,000||$7.09||$49,630.00|| |
|5/26/2015||George P Sakellaris||CEO||Buy||55,886||$7.15||$399,584.90|| |
|5/21/2015||George P Sakellaris||CEO||Buy||16,000||$7.28||$116,480.00|| |
|5/12/2015||Douglas I Foy||Director||Buy||1,000||$6.59||$6,590.00|| |
|5/12/2015||George P Sakellaris||CEO||Buy||76,215||$6.57||$500,732.55|| |
|3/10/2015||Joseph W Sutton||Director||Buy||49,040||$6.94||$340,337.60|| |
|12/1/2014||Francis V Wisneski Jr||Director||Buy||2,000||$7.50||$15,000.00|| |
|9/10/2014||Francis V Wisneski Jr||Director||Buy||2,000||$7.68||$15,360.00|| |
|9/5/2014||Francis V Wisneski Jr||Director||Buy||2,000||$7.90||$15,800.00|| |
|8/5/2014||Francis V Wisneski Jr||Director||Buy||6,000||$7.67||$46,020.00|| |
|8/4/2014||Francis V Wisneski Jr||Director||Buy||3,000||$7.75||$23,250.00|| |
|7/18/2014||Mario Iusi||Insider||Sell||101,731||$6.82||$693,805.42|| |
|6/2/2014||George P Sakellaris||CEO||Buy||50,000||$6.45||$322,500.00|| |
|5/20/2014||Francis Wisneski, Jr.||Director||Buy||1,000||$6.15||$6,150.00|| |
|5/20/2014||George Sakellaris||CEO||Buy||25,000||$6.19||$154,750.00|| |
|5/15/2014||Francis Wisneski, Jr.||Director||Buy||3,500||$5.87||$20,545.00|| |
|5/15/2014||George Sakellaris||CEO||Buy||10,000||$5.82||$58,200.00|| |
|5/13/2014||Francis Wisneski, Jr.||Director||Buy||3,500||$5.84||$20,440.00|| |
|5/12/2014||Douglas Foy||Director||Buy||3,000||$5.95||$17,850.00|| |
|4/15/2014||George Sakellaris||CEO||Buy||73,689||$7.00||$515,823.00|| |
|4/14/2014||George Sakellaris||CEO||Buy||14,316||$7.00||$100,212.00|| |
|4/7/2014||George Sakellaris||CEO||Buy||99,675||$7.22||$719,653.50|| |
|4/4/2014||George Sakellaris||CEO||Buy||12,320||$7.25||$89,320.00|| |
|3/17/2014||George Sakellaris||CEO||Buy||65,470||$7.50||$491,025.00|| |
|3/14/2014||George Sakellaris||CEO||Buy||166,130||$7.75||$1,287,507.50|| |
|3/13/2014||George Sakellaris||CEO||Buy||14,600||$8.00||$116,800.00|| |
|1/22/2014||Joseph Demanche||EVP||Sell||3,680||$10.80||$39,744.00|| |
|11/18/2013||Michael Jesanis||Director||Buy||2,000||$8.65||$17,300.00|| |
|11/15/2013||Francis Wisneski, Jr.||Director||Buy||2,000||$8.55||$17,100.00|| |
|11/12/2013||Francis Wisneski, Jr.||Director||Buy||1,500||$8.53||$12,795.00|| |
|10/21/2013||Joseph P Demanche||EVP||Sell||13,558||$10.65||$144,392.70|| |
|9/20/2013||Joseph Demanche||EVP||Sell||33,699||$10.03||$338,000.97|| |
|9/5/2013||Francis V Wisneski Jr||Director||Buy||1,000||$8.30||$8,300.00|| |
|9/4/2013||Francis Wisneski, Jr.||Director||Buy||1,800||$8.45||$15,210.00|| |
|8/21/2013||Francis Wisneski, Jr.||Director||Buy||2,000||$8.32||$16,640.00|| |
|8/12/2013||Francis Wisneski, Jr.||Director||Buy||1,000||$8.45||$8,450.00|| |
|8/8/2013||George Sakellaris||CEO||Buy||3,800||$8.00||$30,400.00|| |
|6/17/2013||Louis P Maltezos||EVP||Sell||40,000||$9.00||$360,000.00|| |
|5/31/2013||Francis V Wisneski Jr||Director||Buy||1,000||$8.23||$8,230.00|| |
|5/17/2013||Francis V Wisneski Jr||Director||Buy||4,000||$8.09||$32,360.00|| |
|5/15/2013||Francis V Wisneski Jr||Director||Buy||2,000||$7.78||$15,560.00|| |
|5/15/2013||George P Sakellaris||CEO||Buy||9,723||$7.75||$75,353.25|| |
|5/14/2013||George P Sakellaris||CEO||Buy||23,718||$7.69||$182,391.42|| |
|11/13/2012||Douglas I Foy||Director||Buy||2,000||$9.10||$18,200.00|| |
|11/12/2012||Francis V Wisneski Jr||Director||Buy||2,735||$9.16||$25,052.60|| |
Headline Trends for Ameresco (NYSE:AMRC)
Latest Headlines for Ameresco (NYSE:AMRC)
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Ameresco (AMRC) Chart for Tuesday, October, 24, 2017