Ameresco (NYSE:AMRC) Director Francis Wisneski, Jr. Sells 10,000 Shares of Stock

Ameresco, Inc. (NYSE:AMRC) Director Francis Wisneski, Jr. sold 10,000 shares of the company’s stock in a transaction dated Tuesday, May 19th. The stock was sold at an average price of $30.29, for a total value of $302,900.00. Following the completion of the transaction, the director directly owned 25,232 shares in the company, valued at approximately $764,277.28. The trade was a 28.38% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Ameresco Stock Performance

Shares of NYSE AMRC opened at $30.19 on Friday. The company has a debt-to-equity ratio of 1.64, a quick ratio of 1.48 and a current ratio of 1.49. The firm has a market cap of $1.60 billion, a price-to-earnings ratio of 52.05, a P/E/G ratio of 2.43 and a beta of 2.55. The business’s 50-day simple moving average is $27.40 and its 200-day simple moving average is $30.23. Ameresco, Inc. has a 52 week low of $12.95 and a 52 week high of $44.93.

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

Institutional Trading of Ameresco

Hedge funds have recently added to or reduced their stakes in the business. State of Wyoming bought a new stake in Ameresco during the 4th quarter valued at approximately $27,000. Caitong International Asset Management Co. Ltd bought a new stake in Ameresco during the 4th quarter valued at approximately $48,000. Fifth Third Bancorp bought a new stake in Ameresco during the 1st quarter valued at approximately $44,000. Summit Securities Group LLC bought a new stake in Ameresco during the 4th quarter valued at approximately $55,000. Finally, Wealth Enhancement Advisory Services LLC bought a new stake in Ameresco during the 3rd quarter valued at approximately $76,000. Institutional investors own 99.24% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on AMRC shares. Zacks Research lowered Ameresco from a “hold” rating to a “strong sell” rating in a report on Monday, May 4th. Stifel Nicolaus reissued a “buy” rating and set a $38.00 price objective (up from $37.00) on shares of Ameresco in a report on Wednesday, March 11th. Cantor Fitzgerald increased their price objective on Ameresco from $41.00 to $45.00 and gave the company an “overweight” rating in a report on Tuesday. Canaccord Genuity Group increased their price objective on Ameresco from $50.00 to $59.00 and gave the company a “buy” rating in a report on Wednesday, May 6th. Finally, William Blair raised Ameresco to a “hold” rating in a report on Tuesday, January 27th. Seven equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $42.56.

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.