Zacks Research Downgrades Ameresco (NYSE:AMRC) to Strong Sell

Ameresco (NYSE:AMRC) was downgraded by equities researchers at Zacks Research from a “hold” rating to a “strong sell” rating in a report issued on Monday,Zacks.com reports.

Other research analysts have also issued reports about the company. Stifel Nicolaus reiterated a “buy” rating and set a $38.00 target price (up from $37.00) on shares of Ameresco in a report on Wednesday, March 11th. Wall Street Zen lowered Ameresco from a “hold” rating to a “sell” rating in a research report on Saturday, January 10th. Weiss Ratings cut Ameresco from a “hold (c-)” rating to a “sell (d+)” rating in a report on Thursday, March 5th. Canaccord Genuity Group increased their target price on Ameresco from $44.00 to $50.00 and gave the stock a “buy” rating in a research note on Tuesday, March 3rd. Finally, Robert W. Baird dropped their target price on shares of Ameresco from $44.00 to $36.00 and set an “outperform” rating on the stock in a report on Tuesday. Seven research analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $41.11.

Ameresco Stock Down 2.1%

Shares of NYSE:AMRC opened at $30.81 on Monday. Ameresco has a 52 week low of $12.37 and a 52 week high of $44.93. The company has a debt-to-equity ratio of 1.56, a quick ratio of 1.50 and a current ratio of 1.51. The company has a market capitalization of $1.63 billion, a PE ratio of 53.12, a PEG ratio of 2.61 and a beta of 2.55. The company has a 50 day moving average price of $27.14 and a two-hundred day moving average price of $31.04.

Ameresco (NYSE:AMRC) last announced its quarterly earnings results on Monday, May 4th. The utilities provider reported ($0.33) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.27) by ($0.06). Ameresco had a return on equity of 3.34% 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 period in the prior year, the business earned ($0.11) earnings per share. 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. Analysts forecast that Ameresco will post 1.1 earnings per share for the current year.

Insider Transactions at Ameresco

In other Ameresco news, Director Nickolas Stavropoulos sold 15,700 shares of Ameresco stock in a transaction dated 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 owned 14,111 shares of the company’s stock, valued at $481,890.65. This trade represents a 52.67% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. In the last three months, insiders sold 16,920 shares of company stock worth $574,440. 44.96% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the company. State of Wyoming acquired a new stake in Ameresco in the 4th quarter valued at approximately $27,000. Fifth Third Bancorp acquired a new position in Ameresco during the 1st quarter worth approximately $44,000. Caitong International Asset Management Co. Ltd bought a new position in shares of Ameresco during the 4th quarter worth approximately $48,000. CoreCap Advisors LLC bought a new position in shares of Ameresco during the 3rd quarter worth approximately $50,000. Finally, Tower Research Capital LLC TRC raised its holdings 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 purchasing an additional 1,754 shares during the last quarter. 99.24% of the stock is currently owned by institutional investors.

Ameresco News Roundup

Here are the key news stories impacting Ameresco this week:

• Positive Sentiment: Large JV and strategic funding: Ameresco and HASI launched Neogenyx Fuels, a joint venture to scale advanced biofuels; HASI is investing $400M and the venture is valued at $1.8B — this is a major capital commitment and potential growth catalyst for Ameresco. BusinessWire: Ameresco and HASI JV
• Positive Sentiment: Revenue beat and growth: Q1 revenue of $401.5M topped estimates and rose ~13.8% year-over-year, showing demand momentum in Ameresco’s services and project pipeline. BusinessWire: Q1 Results
• Positive Sentiment: Earnings call highlights growth strategy: Management framed the quarter as part of a transformative growth path (projects, renewables, and fuels JV) that could support longer‑term upside if execution continues. TipRanks: Earnings Call Highlights
• Neutral Sentiment: FY2026 guidance set but mixed vs. consensus: Ameresco gave EPS guidance of $1.06–$1.28 and revenue guidance roughly $2.0B–$2.2B; the EPS range overlaps consensus but the low end is below Street expectations, leaving investor discretion on whether this is conservative or a warning. Company: FY2026 Guidance (press materials)
• Neutral Sentiment: Analyst views mixed but leaning constructive: Broker consensus averages to a “Moderate Buy” even as some firms trimmed targets; Robert W. Baird cut its price target to $36 but kept an Outperform rating (signals confidence in long‑term story despite near‑term adjustments). Benzinga: Baird PT Change
• Negative Sentiment: EPS miss and margin pressure: Ameresco reported a ($0.33) EPS vs. ($0.27) expected — the loss widened versus last year — which raises near‑term profitability concerns despite the revenue beat. Zacks: Q1 Loss, Revenue Beat
• Negative Sentiment: Zacks downgrade to Strong Sell: Zacks moved Ameresco to its Rank #5 (Strong Sell), which can accelerate selling pressure from momentum or quant funds and influences investor sentiment. Zacks: New Strong Sell Stocks
• Negative Sentiment: New regulatory & other risk disclosures: Filings highlighted broad/emerging regulatory risks beyond 2025, which may add to uncertainty around project permitting, incentives, and returns. TipRanks: Risk Disclosure

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.