Ameresco, Inc. (AMRC) – What Are Brokerages Saying About This Stock?

Shares of Ameresco, Inc. (NYSE:AMRC) have been assigned an average recommendation of “Hold” from the fourteen analysts that are covering the company, Marketbeat.com reports. Two investment analysts have rated the stock with a sell recommendation, five have given a hold recommendation, six have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month price target among brokers that have updated their coverage on the stock in the last year is $41.89.

AMRC has been the topic of several research reports. BNP Paribas Exane upgraded Ameresco from a “neutral” rating to an “outperform” rating and boosted their target price for the company from $34.00 to $40.00 in a research note on Tuesday, August 4th. Canaccord Genuity Group upped their price target on Ameresco from $59.00 to $62.00 and gave the stock a “buy” rating in a research report on Tuesday, August 4th. Jefferies Financial Group raised shares of Ameresco to a “strong-buy” rating in a research note on Thursday, September 3rd. Weiss Ratings upgraded shares of Ameresco from a “sell (d)” rating to a “sell (d+)” rating in a report on Wednesday, August 5th. Finally, Robert W. Baird lowered shares of Ameresco from an “outperform” rating to a “neutral” rating and cut their price objective for the stock from $36.00 to $32.00 in a research report on Tuesday, August 18th.

Ameresco Price Performance

AMRC opened at $20.26 on Thursday. The stock has a market cap of $1.07 billion, a P/E ratio of 38.96, a P/E/G ratio of 1.38 and a beta of 2.62. Ameresco has a 12 month low of $18.27 and a 12 month high of $41.69. The company has a quick ratio of 1.66, a current ratio of 1.67 and a debt-to-equity ratio of 1.33. The company has a fifty day simple moving average of $21.66 and a 200 day simple moving average of $26.61.

Ameresco (NYSE:AMRC) last released its quarterly earnings data on Monday, August 3rd. The utilities provider reported $0.20 earnings per share for the quarter, meeting the consensus estimate of $0.20. Ameresco had a return on equity of 2.82% and a net margin of 1.40%. The business had revenue of $515.46 million for the quarter, compared to analysts’ expectations of $465.18 million. During the same quarter in the previous year, the business posted $0.27 EPS. Ameresco’s revenue for the quarter was up 9.1% on a year-over-year basis. Ameresco has set its FY 2026 guidance at 1.150-1.350 EPS. On average, research analysts expect that Ameresco will post 1.22 EPS for the current year.

Insider Buying and Selling at Ameresco

In other Ameresco news, Director Brian Cox purchased 39,700 shares of the stock in a transaction on Monday, August 10th. The shares were purchased at an average cost of $25.07 per share, for a total transaction of $995,279.00. Following the purchase, the director owned 39,700 shares of the company’s stock, valued at approximately $995,279. This represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO George Sakellaris purchased 5,000 shares of the business’s stock in a transaction on Monday, August 24th. The shares were acquired at an average cost of $20.91 per share, for a total transaction of $104,550.00. Following the completion of the transaction, the chief executive officer directly owned 1,000,597 shares in the company, valued at approximately $20,922,483.27. This represents a 0.50% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders acquired a total of 75,025 shares of company stock worth $1,778,963 in the last three months. 45.10% of the stock is currently owned by company insiders.

Institutional Trading of Ameresco

Several institutional investors and hedge funds have recently bought and sold shares of AMRC. Raiffeisen Bank International AG acquired a new stake in Ameresco in the second quarter valued at $2,657,000. Dimensional Fund Advisors LP grew its position in shares of Ameresco by 13.1% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,439,669 shares of the utilities provider’s stock valued at $36,711,000 after acquiring an additional 167,068 shares during the period. Swedbank AB increased its stake in shares of Ameresco by 74.3% during the 1st quarter. Swedbank AB now owns 645,000 shares of the utilities provider’s stock worth $16,448,000 after purchasing an additional 275,000 shares during the last quarter. Bank of America Corp DE increased its stake in shares of Ameresco by 64.7% during the 1st quarter. Bank of America Corp DE now owns 125,441 shares of the utilities provider’s stock worth $3,199,000 after purchasing an additional 49,279 shares during the last quarter. Finally, Segall Bryant & Hamill LLC acquired a new position in shares of Ameresco during the 1st quarter worth about $3,089,000. Institutional investors own 99.24% of the company’s stock.

Ameresco Company Profile

Ameresco, Inc (NYSE:AMRC) is an energy solutions and renewable energy company that develops, designs, constructs, and operates energy efficiency and infrastructure projects. Its services help public- and private-sector organizations reduce energy consumption, improve facility performance, and transition to lower-carbon energy sources.

The company’s offerings include energy-as-a-service programs, energy audits and efficiency upgrades, solar power systems, battery energy storage, microgrids, distributed energy resources, LED lighting, heating and cooling systems, and renewable natural gas projects.