Ameresco (NYSE:AMRC) Posts Quarterly Earnings Results, Misses Expectations By $0.06 EPS

Ameresco (NYSE:AMRC) posted its quarterly earnings results on Monday. The utilities provider reported ($0.33) EPS for the quarter, missing the consensus estimate of ($0.27) by ($0.06), FiscalAI reports. Ameresco had a net margin of 2.29% and a return on equity of 4.49%. The company had revenue of $401.46 million during the quarter, compared to analyst estimates of $362.92 million. Ameresco updated its FY 2026 guidance to 1.060-1.280 EPS.

Ameresco Stock Up 0.2%

Ameresco stock traded up $0.06 during midday trading on Monday, reaching $31.42. The company’s stock had a trading volume of 557,874 shares, compared to its average volume of 522,095. Ameresco has a fifty-two week low of $11.48 and a fifty-two week high of $44.93. The company has a quick ratio of 1.50, a current ratio of 1.51 and a debt-to-equity ratio of 1.56. The company has a market cap of $1.66 billion, a P/E ratio of 37.86, a P/E/G ratio of 2.60 and a beta of 2.55. The business has a 50-day simple moving average of $27.20 and a 200-day simple moving average of $31.13.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on the company. Wall Street Zen lowered Ameresco from a “hold” rating to a “sell” rating in a research report on Saturday, January 10th. Weiss Ratings lowered Ameresco from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Thursday, March 5th. Stifel Nicolaus restated a “buy” rating and set a $38.00 price target (up from $37.00) on shares of Ameresco in a research report on Wednesday, March 11th. William Blair upgraded Ameresco to a “hold” rating in a research report on Tuesday, January 27th. Finally, Canaccord Genuity Group lifted their target price on Ameresco from $44.00 to $50.00 and gave the company a “buy” rating in a report on Tuesday, March 3rd. Eight investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $39.00.

Insiders Place Their Bets

In other Ameresco news, Director Nickolas Stavropoulos sold 15,700 shares of the firm’s stock in a transaction on Friday, February 20th. The stock was sold at an average price of $34.15, for a total value of $536,155.00. Following the sale, the director directly owned 14,111 shares in the company, valued at $481,890.65. This trade represents a 52.67% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders sold 16,920 shares of company stock valued at $574,440 in the last 90 days. 44.96% of the stock is owned by company insiders.

Institutional Trading of Ameresco

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. State of Wyoming purchased a new position in shares of Ameresco during the fourth quarter worth about $27,000. Summit Securities Group LLC purchased a new stake in Ameresco in the 4th quarter valued at approximately $55,000. Kemnay Advisory Services Inc. purchased a new stake in Ameresco in the 4th quarter valued at approximately $69,000. Tower Research Capital LLC TRC boosted its holdings in Ameresco by 99.4% in the 2nd quarter. Tower Research Capital LLC TRC now owns 3,518 shares of the utilities provider’s stock valued at $53,000 after purchasing an additional 1,754 shares in the last quarter. Finally, Los Angeles Capital Management LLC purchased a new stake in Ameresco in the 4th quarter valued at approximately $175,000. Institutional investors and hedge funds own 99.24% of the company’s stock.

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.