Ameresco, Inc. (NYSE:AMRC) Given Consensus Rating of “Hold” by Analysts

Ameresco, Inc. (NYSE:AMRC) has been given a consensus rating of “Hold” by the thirteen ratings firms that are currently covering the firm, MarketBeat Ratings reports. Two analysts have rated the stock with a sell recommendation, four have issued a hold recommendation and seven have given a buy recommendation to the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is $42.5556.

A number of equities research analysts have recently issued reports on AMRC shares. Robert W. Baird reduced their price objective on Ameresco from $44.00 to $36.00 and set an “outperform” rating for the company in a report on Tuesday, May 5th. Zacks Research cut Ameresco from a “hold” rating to a “strong sell” rating in a report on Monday, May 4th. Stifel Nicolaus reiterated a “buy” rating and issued a $38.00 price target (up from $37.00) on shares of Ameresco in a research note on Wednesday, March 11th. Guggenheim began coverage on Ameresco in a research note on Friday. They issued a “neutral” rating for the company. Finally, Canaccord Genuity Group boosted their price target on Ameresco from $50.00 to $59.00 and gave the company a “buy” rating in a research note on Wednesday, May 6th.

Ameresco Trading Up 0.2%

Shares of NYSE:AMRC opened at $31.82 on Monday. Ameresco has a 12-month low of $12.96 and a 12-month high of $44.93. The stock has a market cap of $1.68 billion, a PE ratio of 54.86, a P/E/G ratio of 2.62 and a beta of 2.55. The business has a 50 day moving average of $27.52 and a 200-day moving average of $30.17. The company has a quick ratio of 1.48, a current ratio of 1.49 and a debt-to-equity ratio of 1.64.

Ameresco (NYSE:AMRC) last issued its quarterly earnings data on Monday, May 4th. The utilities provider reported ($0.33) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.27) by ($0.06). Ameresco had a return on equity of 3.33% and a net margin of 1.59%.The firm had revenue of $401.46 million for the quarter, compared to the consensus estimate of $362.92 million. During the same quarter in the prior year, the firm earned ($0.11) EPS. The company’s revenue was up 13.8% on a year-over-year basis. Ameresco has set its FY 2026 guidance at 1.060-1.280 EPS. As a group, equities research analysts forecast that Ameresco will post 1.1 earnings per share for the current year.

Insider Activity at Ameresco

In related news, Director Nickolas Stavropoulos sold 1,355 shares of the business’s stock in a transaction that occurred on Friday, May 15th. The stock was sold at an average price of $34.00, for a total value of $46,070.00. Following the completion of the sale, the director directly owned 14,111 shares in the company, valued at approximately $479,774. The trade was a 8.76% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Jennifer L. Miller sold 10,000 shares of the business’s stock in a transaction that occurred on Monday, May 18th. The shares were sold at an average price of $32.27, for a total value of $322,700.00. Following the completion of the sale, the director owned 22,111 shares of the company’s stock, valued at approximately $713,521.97. This trade represents a 31.14% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 21,730 shares of company stock worth $681,213. Company insiders own 44.96% of the company’s stock.

Institutional Investors Weigh In On Ameresco

Several institutional investors have recently made changes to their positions in AMRC. State of Wyoming bought a new stake in shares of Ameresco in the fourth quarter valued at approximately $27,000. Fifth Third Bancorp bought a new stake in shares of Ameresco in the first quarter valued at approximately $44,000. Caitong International Asset Management Co. Ltd bought a new stake in shares of Ameresco in the fourth quarter valued at approximately $48,000. Tower Research Capital LLC TRC boosted its stake in shares of Ameresco by 99.4% in the second quarter. Tower Research Capital LLC TRC now owns 3,518 shares of the utilities provider’s stock valued at $53,000 after buying an additional 1,754 shares during the period. Finally, Summit Securities Group LLC bought a new stake in shares of Ameresco in the fourth quarter valued at approximately $55,000. 99.24% of the stock is currently owned by institutional investors.

Ameresco Company Profile

Ameresco, Inc is a leading independent provider of comprehensive energy efficiency and renewable energy solutions for businesses and governments across North America, Europe and other select markets. Its integrated services portfolio includes energy efficiency retrofits, infrastructure upgrades, distributed generation systems and facility-scale renewable projects. Leveraging performance-based contracting models, Ameresco designs, finances, installs and maintains energy improvements intended to reduce operational costs, mitigate environmental impact and enhance resiliency for its clients.

Founded in 2000 and headquartered in Framingham, Massachusetts, Ameresco has completed thousands of projects spanning solar, wind, geothermal, biomass, landfill gas‐to‐energy, energy storage and microgrid installations.