Ameresco Inc (AMRC) Director Jennifer L. Miller Purchases 2,000 Shares
Ameresco Inc (NYSE:AMRC) Director Jennifer L. Miller bought 2,000 shares of the company’s stock in a transaction that occurred on Monday, December 3rd. The shares were bought at an average price of $15.50 per share, with a total value of $31,000.00. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.
Shares of AMRC stock opened at $15.23 on Friday. The stock has a market cap of $687.34 million, a P/E ratio of 20.04, a P/E/G ratio of 1.11 and a beta of 0.44. Ameresco Inc has a 1-year low of $7.65 and a 1-year high of $16.59. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.42 and a quick ratio of 1.39.
Ameresco (NYSE:AMRC) last issued its earnings results on Tuesday, October 30th. The utilities provider reported $0.23 earnings per share for the quarter, beating the consensus estimate of $0.15 by $0.08. Ameresco had a return on equity of 14.06% and a net margin of 6.43%. The company had revenue of $205.40 million during the quarter, compared to analysts’ expectations of $208.40 million. During the same period in the prior year, the business posted $0.18 EPS. Ameresco’s quarterly revenue was up .3% compared to the same quarter last year. As a group, equities research analysts expect that Ameresco Inc will post 0.77 EPS for the current fiscal year.
Several equities research analysts recently weighed in on the company. Zacks Investment Research upgraded Ameresco from a “hold” rating to a “buy” rating and set a $18.00 target price for the company in a report on Thursday, November 1st. TheStreet upgraded Ameresco from a “c+” rating to a “b-” rating in a report on Wednesday, November 7th. ValuEngine cut Ameresco from a “buy” rating to a “hold” rating in a report on Thursday, October 4th. Canaccord Genuity increased their target price on Ameresco from $16.00 to $16.50 and gave the company a “buy” rating in a report on Wednesday, October 31st. Finally, Oppenheimer set a $17.00 target price on Ameresco and gave the company a “buy” rating in a report on Tuesday, October 30th. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $16.38.
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Ameresco, Inc provides comprehensive energy services for businesses and organizations in North America and Europe. It offers energy efficiency, infrastructure upgrades, energy security and resilience, asset sustainability, and renewable energy solutions. The company operates through U.S. Regions, U.S.
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