Ameresco (AMRC) Projected to Post Quarterly Earnings on Monday

Ameresco (NYSE:AMRC) is projected to issue its Q1 2025 quarterly earnings data after the market closes on Monday, May 5th. Analysts expect the company to announce earnings of ($0.22) per share and revenue of $323.71 million for the quarter. Ameresco has set its FY 2025 guidance at 0.700-0.900 EPS.

Ameresco (NYSE:AMRC) last announced its earnings results on Thursday, February 27th. The utilities provider reported $0.88 earnings per share for the quarter, topping analysts’ consensus estimates of $0.76 by $0.12. Ameresco had a return on equity of 5.68% and a net margin of 3.18%. The business had revenue of $532.67 million for the quarter, compared to analyst estimates of $524.31 million. On average, analysts expect Ameresco to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Ameresco Trading Up 8.7 %

NYSE AMRC opened at $12.02 on Friday. The company has a quick ratio of 1.26, a current ratio of 1.27 and a debt-to-equity ratio of 1.36. The stock’s 50-day simple moving average is $11.17 and its two-hundred day simple moving average is $20.37. Ameresco has a twelve month low of $8.49 and a twelve month high of $39.68. The company has a market capitalization of $631.54 million, a price-to-earnings ratio of 12.02, a PEG ratio of 0.49 and a beta of 2.02.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on AMRC. Baird R W cut shares of Ameresco from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 15th. Robert W. Baird reissued a “neutral” rating and issued a $13.00 target price (down previously from $25.00) on shares of Ameresco in a research note on Tuesday, April 15th. UBS Group cut Ameresco from a “buy” rating to a “sell” rating and dropped their target price for the company from $37.00 to $8.00 in a report on Tuesday, March 4th. Canaccord Genuity Group decreased their price target on Ameresco from $36.00 to $27.00 and set a “buy” rating on the stock in a research note on Friday, February 28th. Finally, Stifel Nicolaus dropped their price objective on Ameresco from $34.00 to $18.00 and set a “buy” rating for the company in a research note on Wednesday, March 5th. Two investment analysts have rated the stock with a sell rating, three have given a hold rating, three have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $22.83.

Insiders Place Their Bets

In other Ameresco news, CEO George P. Sakellaris bought 50,000 shares of the firm’s stock in a transaction on Tuesday, March 4th. The stock was acquired at an average price of $9.96 per share, with a total value of $498,000.00. Following the completion of the purchase, the chief executive officer now owns 903,638 shares of the company’s stock, valued at approximately $9,000,234.48. This trade represents a 5.86 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Jennifer L. Miller sold 40,000 shares of the business’s stock in a transaction that occurred on Monday, February 3rd. The stock was sold at an average price of $21.06, for a total value of $842,400.00. Following the completion of the sale, the director now directly owns 17,225 shares in the company, valued at approximately $362,758.50. This represents a 69.90 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have bought 80,808 shares of company stock worth $785,274 and have sold 40,085 shares worth $843,378. Company insiders own 42.00% of the company’s stock.

About Ameresco

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.