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NYSE:AMRCAmeresco Stock Price, Forecast & News

$22.36
-0.09 (-0.40 %)
(As of 06/2/2020 12:53 PM ET)
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Compare
Today's Range
$22.08
Now: $22.36
$22.50
50-Day Range
$16.15
MA: $18.75
$21.54
52-Week Range
$13.11
Now: $22.36
$26.19
Volume47,117 shs
Average Volume216,510 shs
Market Capitalization$1.06 billion
P/E Ratio23.05
Dividend YieldN/A
Beta0.52
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, 2019, the company owned and operated 99 small-scale renewable energy plants and solar PV installations. Ameresco, Inc. was founded in 2000 and headquartered in Framingham, Massachusetts.
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Ameresco logo

Beat the Market (BTM) Rank

Analyst Opinion: 2.6Community Rank: 2.8Dividend Strength: 0.0Insider Behavior: 2.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.61 out of 5 stars


Industry, Sector and Symbol

Industry Construction - special trade contractors
Sub-IndustryConstruction & Engineering
SectorOils/Energy
CUSIP02361E10
Phone508-661-2200

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$866.93 million
Cash Flow$1.80 per share
Book Value$9.08 per share

Profitability

Net Income$44.44 million

Miscellaneous

Employees1,100
Market Cap$1.06 billion
Next Earnings Date8/13/2020 (Estimated)
OptionableOptionable

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Ameresco (NYSE:AMRC) Frequently Asked Questions

How has Ameresco's stock been impacted by COVID-19 (Coronavirus)?

Ameresco's stock was trading at $18.60 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, AMRC stock has increased by 20.2% and is now trading at $22.36. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Ameresco?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ameresco in the last year. There are currently 4 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Ameresco.

When is Ameresco's next earnings date?

Ameresco is scheduled to release its next quarterly earnings announcement on Thursday, August 13th 2020. View our earnings forecast for Ameresco.

How were Ameresco's earnings last quarter?

Ameresco Inc (NYSE:AMRC) released its earnings results on Monday, May, 4th. The utilities provider reported $0.15 earnings per share for the quarter, topping the consensus estimate of $0.07 by $0.08. The utilities provider earned $212.41 million during the quarter, compared to analysts' expectations of $167.33 million. Ameresco had a return on equity of 11.23% and a net margin of 5.00%. View Ameresco's earnings history.

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

Ameresco updated its FY 2020 After-Hours earnings guidance on Monday, May, 4th. The company provided earnings per share guidance of 0.86-0.96 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.90. The company issued revenue guidance of $910-980 million, compared to the consensus revenue estimate of $940.35 million.

What price target have analysts set for AMRC?

5 analysts have issued 12-month price targets for Ameresco's shares. Their forecasts range from $20.00 to $30.00. On average, they anticipate Ameresco's stock price to reach $25.80 in the next year. This suggests a possible upside of 15.4% from the stock's current price. View analysts' price targets for Ameresco.

Has Ameresco been receiving favorable news coverage?

News stories about AMRC stock have been trending very positive recently, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Ameresco earned a news impact score of 3.5 on InfoTrie's scale. They also gave news articles about the utilities provider a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the next several days. View the latest news aboutAmeresco.

Are investors shorting Ameresco?

Ameresco saw a decline in short interest during the month of May. As of May 15th, there was short interest totaling 829,600 shares, a decline of 9.7% from the April 30th total of 918,800 shares. Based on an average daily trading volume, of 268,700 shares, the short-interest ratio is currently 3.1 days. Currently, 4.0% of the shares of the company are sold short. View Ameresco's Current Options Chain.

Who are some of Ameresco's key competitors?

What other stocks do shareholders of Ameresco own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Ameresco investors own include Enterprise Products Partners (EPD), Ford Motor (F), AbbVie (ABBV), Intel (INTC), Applied Materials (AMAT), Advanced Micro Devices (AMD), Carnival (CCL), General Motors (GM), Ring Energy (REI) and Ring Energy (REI).

Who are Ameresco's key executives?

Ameresco's management team includes the following people:
  • Mr. George P. Sakellaris, Founder, Chairman, CEO & Pres (Age 73, Pay $1.03M)
  • Mr. Spencer Doran Hole, Sr. VP & CFO (Age 51, Pay $430.79k)
  • Mr. Mark A. Chiplock, VP of Fin. & Chief Accounting Officer (Age 50, Pay $497.2k)
  • Mr. David J. Corrsin, Exec. VP, Gen. Counsel, Sec. & Director (Age 61, Pay $379.05k)
  • Mr. Michael T. Bakas, Exec. VP of Distributed Energy Systems (Age 51, Pay $412.4k)

What is Ameresco's stock symbol?

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

Who are Ameresco's major shareholders?

Ameresco's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Wellington Management Group LLP (4.37%), Handelsbanken Fonder AB (3.96%), BlackRock Inc. (3.42%), Gagnon Securities LLC (1.70%), Bandera Partners LLC (1.52%) and Invesco Ltd. (1.22%). Company insiders that own Ameresco stock include David Anderson, David J Corrsin, Douglas I Foy, Francis V Wisneski Jr, George P Sakellaris, Jennifer L Miller, Joseph W Sutton, Louis P Maltezos, Mark Chiplock, Michael T Bakas, Nickolas Stavropoulos and Thomas S Murley. View institutional ownership trends for Ameresco.

Which institutional investors are selling Ameresco stock?

AMRC stock was sold by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, Gagnon Securities LLC, Rock Point Advisors LLC, Morgan Stanley, Two Sigma Advisers LP, UBS Group AG, Monarch Partners Asset Management LLC, and AQR Capital Management LLC. Company insiders that have sold Ameresco company stock in the last year include David Anderson, David J Corrsin, Douglas I Foy, Francis V Wisneski Jr, and George P Sakellaris. View insider buying and selling activity for Ameresco.

Which institutional investors are buying Ameresco stock?

AMRC stock was purchased by a variety of institutional investors in the last quarter, including Handelsbanken Fonder AB, Arosa Capital Management LP, Handelsinvest Investeringsforvaltning, EAM Investors LLC, Otter Creek Advisors LLC, THB Asset Management, Telemark Asset Management LLC, and EAM Global Investors LLC. Company insiders that have bought Ameresco stock in the last two years include Jennifer L Miller, Nickolas Stavropoulos, and Thomas S Murley. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Ameresco's stock price today?

One share of AMRC stock can currently be purchased for approximately $22.36.

How big of a company is Ameresco?

Ameresco has a market capitalization of $1.06 billion and generates $866.93 million in revenue each year. The utilities provider earns $44.44 million in net income (profit) each year or $0.83 on an earnings per share basis. Ameresco employs 1,100 workers across the globe.

What is Ameresco's official website?

The official website for Ameresco is www.ameresco.com.

How can I contact Ameresco?

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]

This page was last updated on 6/2/2020 by MarketBeat.com Staff

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