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
Industry Construction - special trade contractors
Sub-IndustryConstruction & Engineering
SectorUtilities
SymbolNYSE:AMRC
CUSIP02361E10
Phone508-661-2200
Debt
Debt-to-Equity Ratio0.64
Current Ratio1.61
Quick Ratio1.56
Price-To-Earnings
Trailing P/E Ratio16.05
Forward P/E Ratio17.83
P/E Growth1.06
Sales & Book Value
Annual Sales$717.15 million
Price / Sales0.78
Cash Flow$1.3151 per share
Price / Cash8.95
Book Value$7.39 per share
Price / Book1.59
Profitability
EPS (Most Recent Fiscal Year)$0.76
Net Income$37.49 million
Net Margins6.02%
Return on Equity13.66%
Return on Assets4.68%
Miscellaneous
Employees1,049
Outstanding Shares47,570,000
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 declared that its board has approved a share repurchase plan on Friday, April 7th 2017, which allows the company to buyback $5,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to reacquire up to 1.8% of its shares through open market purchases. Shares buyback plans are generally a sign that the company's board of directors believes its stock is undervalued.
How were Ameresco's earnings last quarter?
Ameresco Inc (NYSE:AMRC) announced its quarterly earnings data on Tuesday, May, 1st. The utilities provider reported $0.16 earnings per share for the quarter, beating analysts' consensus estimates of $0.04 by $0.12. The utilities provider earned $167.40 million during the quarter, compared to the consensus estimate of $140.03 million. Ameresco had a return on equity of 13.66% and a net margin of 6.02%. The firm's revenue for the quarter was up 24.4% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.04 earnings per share. View Ameresco's Earnings History.
What guidance has Ameresco issued on next quarter's earnings?
Ameresco updated its FY18 earnings guidance on Tuesday, May, 1st. The company provided earnings per share (EPS) guidance of $0.60-0.70 for the period, compared to the Thomson Reuters consensus estimate of $0.60. The company issued revenue guidance of $765-800 million, compared to the consensus revenue estimate of $775.87 million.
What price target have analysts set for AMRC?
3 brokers have issued twelve-month price objectives for Ameresco's shares. Their predictions range from $13.00 to $13.50. On average, they anticipate Ameresco's stock price to reach $13.1667 in the next year. View Analyst Ratings for Ameresco.
What are Wall Street 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. " (5/8/2018)
- 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?
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 coverage about AMRC stock has trended somewhat positive this week, Accern Sentiment Analysis reports. The research firm scores the sentiment of press coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Ameresco earned a news sentiment score of 0.17 on Accern's scale. They also gave news articles about the utilities provider an impact score of 46.66 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company's share price in the near term.
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 (2.52%), Gagnon Securities LLC (2.06%), BlackRock Inc. (1.89%), Rock Point Advisors LLC (0.90%), Bandera Partners LLC (0.82%) and Wells Fargo & Company MN (0.32%). 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 Rock Point Advisors LLC, Gagnon Securities LLC, Millennium Management LLC and BlackRock Inc.. 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 purchased by a variety of institutional investors in the last quarter, including Bandera Partners LLC, Dimensional Fund Advisors LP, EAM Global Investors LLC, JPMorgan Chase & Co., Wells Fargo & Company MN, ZPR Investment Management, A.R.T. Advisors LLC and Barclays PLC. Company insiders that have bought Ameresco stock in the last two years include Jennifer L Miller, Neil Gagnon 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 $12.05.
How big of a company is Ameresco?
Ameresco has a market capitalization of $580.31 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 (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.
