NYSE:AMRC - Ameresco Stock Price, News & Analysis

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

Ameresco Inc (NYSE:AMRC) released its quarterly earnings data on Thursday, August, 8th. The utilities provider reported $0.18 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.17 by $0.01. The utilities provider earned $198.20 million during the quarter, compared to analysts' expectations of $196.95 million. Ameresco had a net margin of 4.62% and a return on equity of 8.29%. The company's revenue for the quarter was up .6% on a year-over-year basis. During the same period in the previous year, the company earned $0.19 EPS. View Ameresco's Earnings History.

Ameresco is scheduled to release their next quarterly earnings announcement on Tuesday, October 29th 2019. View Earnings Estimates for Ameresco.

Ameresco updated its FY19 earnings guidance on Thursday, August, 8th. The company provided earnings per share guidance of $0.77-0.85 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.78. The company issued revenue guidance of $845-885 million, compared to the consensus revenue estimate of $853.57 million.

4 brokerages have issued 12 month price objectives for Ameresco's shares. Their forecasts range from $17.00 to $19.50. On average, they anticipate Ameresco's stock price to reach $18.6250 in the next year. This suggests a possible upside of 23.3% from the stock's current price. View Analyst Price Targets for Ameresco.

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

News stories about AMRC stock have trended negative this week, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative news coverage by monitoring more than six thousand blog and news sources in real time. 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 media sentiment score of -2.9 on InfoTrie's scale. They also assigned news headlines about the utilities provider a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the company's share price in the next few days. View News Stories for Ameresco.

Ameresco saw a decrease in short interest in the month of August. As of August 15th, there was short interest totalling 891,700 shares, a decrease of 11.1% from the July 15th total of 1,003,400 shares. Based on an average daily trading volume, of 110,800 shares, the short-interest ratio is presently 8.0 days. Currently, 4.9% of the shares of the stock are short sold. View Ameresco's Current Options Chain.

Some companies that are related to Ameresco include VALLOUREC SA/S (VLOWY), Argan (AGX), Matrix Service (MTRX), Concrete Pumping (BBCP), Limbach (LMB), China Advanced Constructn Mtrls Grp (CADC) and Real Goods Solar (RGSE).

Based on aggregate information from My MarketBeat watchlists, some companies that other Ameresco investors own include EnerNOC (ENOC), Advanced Micro Devices (AMD), Enterprise Products Partners (EPD), Netflix (NFLX), Allena Pharmaceuticals (ALNA), Ambarella (AMBA), Cypress Semiconductor (CY), Marvell Technology Group (MRVL), Micron Technology (MU) and Revolution Lighting Technologies (RVLT).

Ameresco's stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (3.03%), Gagnon Securities LLC (1.86%), Vanguard Group Inc. (1.80%), Bandera Partners LLC (1.41%), Handelsbanken Fonder AB (1.28%) and Invesco Ltd. (0.84%). Company insiders that own Ameresco stock include David Anderson, David J Corrsin, Francis V Wisneski Jr, George P Sakellaris, Jennifer L Miller, Joseph P Demanche, Joseph W Sutton, Louis P Maltezos, Mark Chiplock, Michael T Bakas, Nickolas Stavropoulos and Thomas S Murley. View Institutional Ownership Trends for Ameresco.

AMRC stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Bank of New York Mellon Corp, Zacks Investment Management, JPMorgan Chase & Co., Victory Capital Management Inc., Wells Fargo & Company MN, Northern Trust Corp and Clean Yield Group. Company insiders that have sold Ameresco company stock in the last year include David Anderson, David J Corrsin, Francis V Wisneski Jr, George P Sakellaris, Joseph W Sutton, Louis P Maltezos, Mark Chiplock and Michael T Bakas. View Insider Buying and Selling for Ameresco.

AMRC stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Bandera Partners LLC, Invesco Ltd., Handelsbanken Fonder AB, Monarch Partners Asset Management LLC, Vanguard Group Inc., Swiss National Bank and GSA Capital Partners LLP. 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 for 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.

One share of AMRC stock can currently be purchased for approximately $15.11.

Ameresco has a market capitalization of $701.26 million and generates $787.14 million in revenue each year. The utilities provider earns $37.98 million in net income (profit) each year or $0.81 on an earnings per share basis. Ameresco employs 1,116 workers across the globe.View Additional Information About Ameresco.

The official website for Ameresco is http://www.ameresco.com/.

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]