Ameresco (NYSE:AMRC) Updates FY 2025 Earnings Guidance

Ameresco (NYSE:AMRC) updated its FY 2025 earnings guidance on Monday. The company provided earnings per share (EPS) guidance of 0.700-0.900 for the period, compared to the consensus estimate of 0.850. The company issued revenue guidance of $1.9 billion-$2.0 billion, compared to the consensus revenue estimate of $1.9 billion.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the stock. Wall Street Zen lowered shares of Ameresco from a “hold” rating to a “sell” rating in a report on Sunday, October 26th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Ameresco in a report on Wednesday, October 8th. Baird R W raised shares of Ameresco from a “hold” rating to a “strong-buy” rating in a report on Tuesday, September 2nd. BNP Paribas Exane reaffirmed a “neutral” rating and issued a $40.00 price target on shares of Ameresco in a report on Tuesday, October 21st. Finally, Jefferies Financial Group raised shares of Ameresco from a “hold” rating to a “buy” rating and lifted their price target for the company from $19.00 to $39.00 in a report on Thursday, September 25th. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Ameresco presently has an average rating of “Moderate Buy” and an average price target of $33.40.

Ameresco Price Performance

Shares of AMRC stock traded up $0.56 during midday trading on Monday, reaching $40.08. 449,133 shares of the company were exchanged, compared to its average volume of 681,149. Ameresco has a 12 month low of $8.49 and a 12 month high of $44.93. The company has a market cap of $2.11 billion, a P/E ratio of 34.26, a PEG ratio of 1.93 and a beta of 2.33. The company’s 50 day moving average price is $33.59 and its two-hundred day moving average price is $22.14. The company has a debt-to-equity ratio of 1.55, a quick ratio of 1.54 and a current ratio of 1.56.

Ameresco (NYSE:AMRC) last released its quarterly earnings results on Monday, November 3rd. The utilities provider reported $0.35 EPS for the quarter, topping analysts’ consensus estimates of $0.33 by $0.02. Ameresco had a net margin of 3.34% and a return on equity of 7.00%. Ameresco has set its FY 2025 guidance at 0.700-0.900 EPS. On average, sell-side analysts expect that Ameresco will post 1.15 earnings per share for the current year.

Institutional Trading of Ameresco

Hedge funds and other institutional investors have recently made changes to their positions in the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in Ameresco by 2.1% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 42,477 shares of the utilities provider’s stock valued at $513,000 after purchasing an additional 884 shares in the last quarter. Tower Research Capital LLC TRC grew its position in Ameresco by 99.4% during 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 in the last quarter. Brevan Howard Capital Management LP grew its position in Ameresco by 16.9% during the second quarter. Brevan Howard Capital Management LP now owns 15,086 shares of the utilities provider’s stock valued at $229,000 after purchasing an additional 2,186 shares in the last quarter. JCP Investment Management LLC grew its position in Ameresco by 16.4% during the second quarter. JCP Investment Management LLC now owns 16,297 shares of the utilities provider’s stock valued at $248,000 after purchasing an additional 2,297 shares in the last quarter. Finally, Lazard Asset Management LLC grew its position in Ameresco by 52.7% in the second quarter. Lazard Asset Management LLC now owns 11,621 shares of the utilities provider’s stock worth $175,000 after acquiring an additional 4,010 shares in the last quarter. 99.24% of the stock is currently owned by institutional investors.

Ameresco Company Profile

Ameresco, Inc, a clean technology integrator, provides a portfolio of energy efficiency and renewable energy supply solutions in the United States, Canada, Europe, and internationally. It operates through U.S. Regions, U.S. Federal, Canada, Europe, Alternative Fuels, and All Other segments. The company offers energy efficiency, infrastructure upgrades, energy security and resilience, asset sustainability, and renewable energy solutions for businesses and organizations.