Ameresco, Inc. (NYSE:AMRC) Receives Average Recommendation of “Hold” from Analysts

Shares of Ameresco, Inc. (NYSE:AMRC) have been given an average recommendation of “Hold” by the thirteen ratings firms that are covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, five have issued a hold recommendation and seven have given a buy recommendation to the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is $42.5556.

A number of analysts have recently weighed in on the company. Zacks Research raised Ameresco from a “strong sell” rating to a “hold” rating in a research report on Wednesday, June 3rd. Guggenheim assumed coverage on Ameresco in a report on Friday, May 22nd. They issued a “neutral” rating for the company. Robert W. Baird lowered their target price on Ameresco from $44.00 to $36.00 and set an “outperform” rating for the company in a research note on Tuesday, May 5th. Canaccord Genuity Group upped their price target on Ameresco from $50.00 to $59.00 and gave the stock a “buy” rating in a report on Wednesday, May 6th. Finally, Cantor Fitzgerald increased their price target on Ameresco from $41.00 to $45.00 and gave the company an “overweight” rating in a research report on Tuesday, May 19th.

Ameresco Price Performance

AMRC opened at $23.74 on Tuesday. The firm has a market cap of $1.26 billion, a price-to-earnings ratio of 40.93, a PEG ratio of 2.06 and a beta of 2.60. Ameresco has a 12-month low of $15.52 and a 12-month high of $44.93. The company has a current ratio of 1.49, a quick ratio of 1.48 and a debt-to-equity ratio of 1.64. The stock’s 50-day moving average price is $29.38 and its 200 day moving average price is $29.19.

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

Insider Transactions at Ameresco

In related news, Director Francis V. Wisneski, Jr. sold 10,000 shares of the company’s stock in a transaction that occurred on Tuesday, May 19th. The shares were sold at an average price of $30.29, for a total transaction of $302,900.00. Following the sale, the director directly owned 25,232 shares in the company, valued at approximately $764,277.28. This represents a 28.38% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Jennifer L. Miller sold 10,000 shares of Ameresco stock in a transaction that occurred on Monday, May 18th. The stock was sold at an average price of $32.27, for a total transaction of $322,700.00. Following the completion of the transaction, the director owned 22,111 shares of the company’s stock, valued at $713,521.97. This represents a 31.14% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 26,355 shares of company stock valued at $852,270. 45.10% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Ameresco

A number of hedge funds and other institutional investors have recently modified their holdings of AMRC. Wellington Management Group LLP lifted its position in shares of Ameresco by 170.0% during the 3rd quarter. Wellington Management Group LLP now owns 4,735,585 shares of the utilities provider’s stock worth $159,021,000 after purchasing an additional 2,981,689 shares during the last quarter. First Trust Advisors LP increased its holdings in Ameresco by 503.4% in the fourth quarter. First Trust Advisors LP now owns 1,066,571 shares of the utilities provider’s stock valued at $31,240,000 after buying an additional 889,820 shares during the last quarter. Granahan Investment Management LLC increased its holdings in Ameresco by 108.4% in the third quarter. Granahan Investment Management LLC now owns 890,072 shares of the utilities provider’s stock valued at $29,889,000 after buying an additional 462,875 shares during the last quarter. Swedbank AB raised its stake in Ameresco by 74.3% in the first quarter. Swedbank AB now owns 645,000 shares of the utilities provider’s stock valued at $16,448,000 after buying an additional 275,000 shares in the last quarter. Finally, Invesco Ltd. raised its stake in Ameresco by 54.7% in the third quarter. Invesco Ltd. now owns 575,173 shares of the utilities provider’s stock valued at $19,314,000 after buying an additional 203,374 shares in the last quarter. 99.24% of the stock is currently owned by institutional investors and hedge funds.

About Ameresco

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.