NYSE:AMRCAmeresco Stock Price, Forecast & News

$21.36

-0.18 (-0.84 %)

(As of 05/28/2020 04:00 PM ET)

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Today's Range

$21.30

Now: $21.36▼

$21.93

50-Day Range

$16.15

MA: $18.42▼

$21.54

52-Week Range

$13.11

Now: $21.36▼

$26.19

Volume128,522 shs

Average Volume238,108 shs

Market Capitalization$1.02 billion

P/E Ratio22.02

Dividend YieldN/A

Beta0.47

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.

Beat the Market (BTM) Rank^™

2.6 Analyst's Opinion

Consensus Rating
Ameresco has received a consensus rating of Buy. The company's average rating score is 3.20, and is based on 4 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $25.80, Ameresco has a potential upside of 20.8% from its current price of $21.36.
Amount of Analyst Coverage
Ameresco has only been the subject of 4 research reports in the past 90 days.

2.8 Community Rank

Outperform Votes
Ameresco has received 321 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Ameresco has received 243 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Ameresco has received 56.91% “outperform” votes from our community.

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.

0.0 Dividend Strength

Dividend Yield
Ameresco does not currently pay a dividend.
Dividend Growth
Ameresco does not have a long track record of dividend growth.

2.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Ameresco insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $17,246,940.00 in company stock.
Percentage Held by Insiders
55.86% of the stock of Ameresco is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
38.07% of the stock of Ameresco is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6 Earnings and Valuation

Earnings Growth
Earnings for Ameresco are expected to grow by 10.87% in the coming year, from $0.92 to $1.02 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Ameresco is 22.02, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 14.84.
Price to Earnings Ratio vs. Sector
The P/E ratio of Ameresco is 22.02, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 9.97.
Price to Earnings Growth Ratio
Ameresco has a PEG Ratio of 1.34. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Ameresco has a P/B Ratio of 2.35. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.61 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Construction - special trade contractors

Sub-IndustryConstruction & Engineering

SectorOils/Energy

Current SymbolNYSE:AMRC

Previous Symbol

CUSIP02361E10

CIK1488139

Webwww.ameresco.com

Phone508-661-2200

Debt

Debt-to-Equity Ratio0.73

Current Ratio1.39

Quick Ratio1.36

Price-To-Earnings

Trailing P/E Ratio22.02

Forward P/E Ratio23.22

P/E Growth1.34

Sales & Book Value

Annual Sales$866.93 million

Price / Sales1.17

Cash Flow$1.72 per share

Price / Cash Flow12.39

Book Value$9.09 per share

Price / Book2.35

Profitability

EPS (Most Recent Fiscal Year)$0.83

Net Income$44.44 million

Net Margins5.00%

Return on Equity11.23%

Return on Assets3.66%

Miscellaneous

Employees1,100

Outstanding Shares47,567,000

Market Cap$1.02 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 (WHO). Since then, AMRC stock has increased by 14.8% and is now trading at $21.36. 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) posted its quarterly earnings data on Monday, May, 4th. The utilities provider reported $0.15 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.07 by $0.08. The utilities provider earned $212.41 million during the quarter, compared to the consensus estimate 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 EPS guidance of 0.86-0.96 for the period, compared to the Thomson Reuters consensus earnings per share 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 Wall Street analysts have issued 12 month price targets for Ameresco's stock. Their forecasts range from $20.00 to $30.00. On average, they anticipate Ameresco's stock price to reach $25.80 in the next twelve months. This suggests a possible upside of 20.8% from the stock's current price. View analysts' price targets for Ameresco.

Has Ameresco been receiving favorable news coverage?

News headlines about AMRC stock have trended negative on Friday, InfoTrie Sentiment reports. InfoTrie rates the sentiment of news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Ameresco earned a media sentiment score of -2.0 on InfoTrie's scale. They also assigned news coverage about the utilities provider a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the company's share price in the near future. View the latest news aboutAmeresco.

Are investors shorting Ameresco?

Ameresco saw a decline in short interest in 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 presently 3.1 days. Approximately 4.0% of the company's shares are short sold. View Ameresco's Current Options Chain.

Who are some of Ameresco's key competitors?

Some companies that are related to Ameresco include Jacobs Engineering Group (JEC), Aecom (ACM), Quanta Services (PWR), Emcor Group (EME), KBR (KBR), MasTec (MTZ), Fluor Co. (NEW) (FLR), Comfort Systems USA (FIX), Dycom Industries (DY), Granite Construction (GVA), Primoris Services (PRIM), Great Lakes Dredge & Dock (GLDD), Argan (AGX), Tutor Perini (TPC) and MYR Group (MYRG). View all 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 variety 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 bought 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 $21.36.

How big of a company is Ameresco?

Ameresco has a market capitalization of $1.02 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 5/29/2020 by MarketBeat.com Staff