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Ameresco (AMRC) Stock Price, News & Analysis

Ameresco logo
$25.49 -1.29 (-4.82%)
(As of 11/15/2024 ET)

About Ameresco Stock (NYSE:AMRC)

Key Stats

Today's Range
$25.32
$27.20
50-Day Range
$25.50
$38.88
52-Week Range
$17.55
$39.68
Volume
355,825 shs
Average Volume
444,075 shs
Market Capitalization
$1.34 billion
P/E Ratio
25.49
Dividend Yield
N/A
Price Target
$36.91
Consensus Rating
Moderate Buy

Company Overview

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. It designs, develops, engineers, and installs projects that reduce the energy, as well as operations and maintenance (O&M) costs of its customers' facilities; and 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. In addition, the company offers renewable energy solutions and services, such as the construction of small-scale plants that the company owns or develops for customers that produce electricity, gas, heat, or cooling from renewable sources of energy and O&M services; and electricity, processed renewable gas fuel, and heat or cooling produced from renewable sources of energy. Further, the company sells photovoltaic (PV) solar energy products and systems, as well as provides consulting, and enterprise energy management services; and operates wind farms. It serves the federal, state, local governments, healthcare and educational institutions, airports, public housing authorities and public universities, municipal utilities, and commercial and industrial customers. As of December 31, 2023, the company owned and operated 185 small-scale renewable energy plants and solar PV installations. Ameresco, Inc. was incorporated in 2000 and is headquartered in Framingham, Massachusetts.

Ameresco Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
99th Percentile Overall Score

AMRC MarketRank™: 

Ameresco scored higher than 99% of companies evaluated by MarketBeat, and ranked 3rd out of 265 stocks in the oils/energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Ameresco has received a consensus rating of Moderate Buy. The company's average rating score is 2.77, and is based on 8 buy ratings, 4 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Ameresco has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Ameresco's stock forecast and price target.
  • Earnings Growth

    Earnings for Ameresco are expected to grow by 36.67% in the coming year, from $1.20 to $1.64 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Ameresco is 25.49, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 110.60.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Ameresco is 25.49, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 10.91.

  • Price to Earnings Growth Ratio

    Ameresco has a PEG Ratio of 0.85. PEG Ratios below 1 indicate that a company could be undervalued.

  • Price to Book Value per Share Ratio

    Ameresco has a P/B Ratio of 1.38. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about Ameresco's valuation and earnings.
  • Percentage of Shares Shorted

    10.86% of the float of Ameresco has been sold short.
  • Short Interest Ratio / Days to Cover

    Ameresco has a short interest ratio ("days to cover") of 10.2, which indicates bearish sentiment.
  • Change versus previous month

    Short interest in Ameresco has recently decreased by 6.72%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Ameresco does not currently pay a dividend.

  • Dividend Growth

    Ameresco does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    10.86% of the float of Ameresco has been sold short.
  • Short Interest Ratio / Days to Cover

    Ameresco has a short interest ratio ("days to cover") of 10.2, which indicates bearish sentiment.
  • Change versus previous month

    Short interest in Ameresco has recently decreased by 6.72%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Ameresco has a news sentiment score of 0.68. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Oils/Energy companies.
  • News Coverage This Week

    MarketBeat has tracked 14 news articles for Ameresco this week, compared to 5 articles on an average week.
  • Search Interest

    Only 3 people have searched for AMRC on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
  • MarketBeat Follows

    2 people have added Ameresco to their MarketBeat watchlist in the last 30 days.
  • 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 $8,164.00 in company stock.

  • Percentage Held by Insiders

    42.00% 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

    99.24% of the stock of Ameresco is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Ameresco's insider trading history.
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AMRC Stock News Headlines

Ameresco (NYSE:AMRC) Stock Rating Upgraded by StockNews.com
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Unveiling 6 Analyst Insights On Ameresco
Q3 Earnings Forecast for Ameresco Issued By William Blair
Ameresco: A Strategic Buy Amidst Market Uncertainty and Growth Prospects
See More Headlines

AMRC Stock Analysis - Frequently Asked Questions

Ameresco's stock was trading at $31.67 at the beginning of the year. Since then, AMRC stock has decreased by 19.5% and is now trading at $25.49.
View the best growth stocks for 2024 here
.

Ameresco, Inc. (NYSE:AMRC) released its earnings results on Monday, August, 5th. The utilities provider reported $0.10 EPS for the quarter, missing the consensus estimate of $0.25 by $0.15. The firm's revenue for the quarter was up 33.9% compared to the same quarter last year.

Ameresco's top institutional shareholders include Handelsbanken Fonder AB (3.20%), State Street Corp (2.15%), Stephens Investment Management Group LLC (2.04%) and Wellington Management Group LLP (1.92%). Insiders that own company stock include George P Sakellaris, Britta Macintosh, Nicole E Bulgarino, Louis P Maltezos, Francis V Wisneski Jr, Michael T Bakas, Spencer Doran Hole, Mark Chiplock, David J Corrsin and Douglas I Foy.
View institutional ownership trends
.

Shares of AMRC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Ameresco investors own include NVIDIA (NVDA), Humana (HUM), Meta Platforms (META), Broadcom (AVGO), American Water Works (AWK), Advanced Micro Devices (AMD) and Salesforce (CRM).

Company Calendar

Last Earnings
8/05/2024
Today
11/17/2024
Fiscal Year End
12/31/2024
Next Earnings (Estimated)
2/26/2025

Industry, Sector and Symbol

Industry
Construction - special trade contractors
Sub-Industry
Construction & Engineering
CUSIP
02361E10
Employees
1,503
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$36.91
High Stock Price Target
$42.00
Low Stock Price Target
$33.00
Potential Upside/Downside
+44.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.77
Research Coverage
13 Analysts

Profitability

Net Income
$62.47 million
Pretax Margin
1.83%

Debt

Sales & Book Value

Annual Sales
$1.37 billion
Cash Flow
$2.63 per share
Book Value
$18.43 per share

Miscellaneous

Free Float
30,417,000
Market Cap
$1.34 billion
Optionable
Optionable
Beta
1.82

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This page (NYSE:AMRC) was last updated on 11/17/2024 by MarketBeat.com Staff
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