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NYSE:AMRC

Ameresco (AMRC) Stock Price, News & Analysis

Ameresco logo
$22.35 +0.25 (+1.13%)
(As of 12/20/2024 04:32 PM ET)

About Ameresco Stock (NYSE:AMRC)

Key Stats

Today's Range
$21.75
$22.98
50-Day Range
$22.10
$35.41
52-Week Range
$17.55
$39.68
Volume
560,548 shs
Average Volume
458,956 shs
Market Capitalization
$1.17 billion
P/E Ratio
22.35
Dividend Yield
N/A
Price Target
$36.90
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
96th Percentile Overall Score

AMRC MarketRank™: 

Ameresco scored higher than 96% of companies evaluated by MarketBeat, and ranked 16th out of 272 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 2.83, and is based on 8 buy ratings, 3 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Ameresco has only been the subject of 3 research reports in the past 90 days.

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

    Earnings for Ameresco are expected to grow by 35.65% in the coming year, from $1.15 to $1.56 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Ameresco is 22.35, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.26.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Ameresco is 22.35, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 12.18.

  • Price to Earnings Growth Ratio

    Ameresco has a PEG Ratio of 0.90. 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 1.26. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    9.61% 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 8.5.
  • Change versus previous month

    Short interest in Ameresco has recently decreased by 4.06%, indicating that investor sentiment is improving.
  • 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

    9.61% 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 8.5.
  • Change versus previous month

    Short interest in Ameresco has recently decreased by 4.06%, indicating that investor sentiment is improving.
  • News Sentiment

    Ameresco has a news sentiment score of 0.39. 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 is a lower news sentiment than the 0.64 average news sentiment score of Oils/Energy companies.
  • News Coverage This Week

    MarketBeat has tracked 7 news articles for Ameresco this week, compared to 5 articles on an average week.
  • MarketBeat Follows

    Only 2 people have added Ameresco to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Ameresco insiders have not sold or bought any 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

Brokerages Set Ameresco, Inc. (NYSE:AMRC) Price Target at $36.90
This is the worst sign for the U.S. stock market in 50 years
The Dow recently posted its worst losing streak since 1974. And one of America's most accurate analysts now says this is just the beginning of a new crisis that could be worse than the COVID crash, the dot-com crash, and even the Great Depression. Introducing "The Dead Zone"
Ameresco announces launch of Solstice microgrid project
Stifel Nicolaus Keeps Their Buy Rating on Ameresco (AMRC)
See More Headlines

AMRC Stock Analysis - Frequently Asked Questions

Ameresco's stock was trading at $31.67 on January 1st, 2024. Since then, AMRC shares have decreased by 29.4% and is now trading at $22.35.
View the best growth stocks for 2024 here
.

Ameresco, Inc. (NYSE:AMRC) released its quarterly earnings data on Monday, August, 5th. The utilities provider reported $0.10 EPS for the quarter, missing analysts' consensus estimates of $0.25 by $0.15. Ameresco's quarterly revenue was up 33.9% on a year-over-year basis.

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
12/22/2024
Fiscal Year End
12/31/2024

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
$36.90
High Stock Price Target
$42.00
Low Stock Price Target
$33.00
Potential Upside/Downside
+65.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.83
Research Coverage
12 Analysts

Profitability

Net Income
$62.47 million
Pretax Margin
1.83%

Debt

Sales & Book Value

Annual Sales
$1.68 billion
Cash Flow
$2.27 per share
Book Value
$17.71 per share

Miscellaneous

Free Float
30,417,000
Market Cap
$1.17 billion
Optionable
Optionable
Beta
1.76

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This page (NYSE:AMRC) was last updated on 12/22/2024 by MarketBeat.com Staff
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