Ameresco (NYSE:AMRC - Get Free Report) is expected to be posting its quarterly earnings results after the market closes on Thursday, February 27th. Analysts expect Ameresco to post earnings of $0.76 per share and revenue of $524.31 million for the quarter. Individual that are interested in registering for the company's earnings conference call can do so using this link.
Ameresco Trading Down 4.5 %
Shares of NYSE AMRC traded down $0.88 during mid-day trading on Friday, hitting $18.72. The company's stock had a trading volume of 79,968 shares, compared to its average volume of 385,052. The stock has a market cap of $981.41 million, a price-to-earnings ratio of 18.72, a price-to-earnings-growth ratio of 0.50 and a beta of 1.79. The company has a debt-to-equity ratio of 1.36, a current ratio of 1.27 and a quick ratio of 1.26. Ameresco has a one year low of $17.55 and a one year high of $39.68. The company's fifty day simple moving average is $22.80 and its 200-day simple moving average is $27.94.
Analyst Ratings Changes
Several equities research analysts have commented on the stock. Stifel Nicolaus boosted their price target on shares of Ameresco from $32.00 to $34.00 and gave the stock a "buy" rating in a research report on Monday, November 11th. StockNews.com upgraded shares of Ameresco to a "sell" rating in a research report on Tuesday, November 12th. One analyst has rated the stock with a sell rating, three have assigned a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $36.56.
Check Out Our Latest Report on AMRC
Insider Buying and Selling
In other news, Director Jennifer L. Miller sold 40,000 shares of Ameresco stock in a transaction that occurred on Monday, February 3rd. The shares were sold at an average price of $21.06, for a total transaction of $842,400.00. Following the sale, the director now owns 17,225 shares in the company, valued at $362,758.50. This trade represents a 69.90 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 42.00% of the stock is currently owned by insiders.
About Ameresco
(
Get Free Report)
Ameresco, Inc, a clean technology integrator, provides a portfolio of energy efficiency and renewable energy supply solutions in the United States, Canada, Europe, and internationally. It operates through U.S. Regions, U.S. Federal, Canada, Europe, Alternative Fuels, and All Other segments. The company offers energy efficiency, infrastructure upgrades, energy security and resilience, asset sustainability, and renewable energy solutions for businesses and organizations.
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