Ameresco, Inc. (NYSE:AMRC – Get Free Report) Director Brian Cox bought 39,700 shares of the company’s stock in a transaction on Monday, August 10th. The shares were bought at an average cost of $25.07 per share, for a total transaction of $995,279.00. Following the transaction, the director directly owned 39,700 shares in the company, valued at approximately $995,279. This represents a ∞ increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.
Ameresco Stock Up 2.9%
Shares of NYSE:AMRC traded up $0.72 on Tuesday, reaching $26.00. The company had a trading volume of 427,306 shares, compared to its average volume of 703,757. The firm has a market capitalization of $1.38 billion, a PE ratio of 50.01, a PEG ratio of 1.85 and a beta of 2.62. The company has a current ratio of 1.67, a quick ratio of 1.66 and a debt-to-equity ratio of 1.33. Ameresco, Inc. has a 52-week low of $18.38 and a 52-week high of $44.93. The firm’s 50 day simple moving average is $25.68 and its 200-day simple moving average is $28.12.
Ameresco (NYSE:AMRC – Get Free Report) last issued its quarterly earnings data on Monday, August 3rd. The utilities provider reported $0.20 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.20. Ameresco had a return on equity of 2.82% and a net margin of 1.40%.The firm had revenue of $515.46 million during the quarter, compared to analysts’ expectations of $465.18 million. During the same period in the prior year, the business posted $0.27 EPS. The firm’s quarterly revenue was up 9.1% on a year-over-year basis. Ameresco has set its FY 2026 guidance at 1.150-1.350 EPS. As a group, analysts expect that Ameresco, Inc. will post 1.24 earnings per share for the current fiscal year.
Wall Street Analyst Weigh In
Check Out Our Latest Analysis on Ameresco
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently made changes to their positions in the business. Wellington Management Group LLP increased its stake in Ameresco by 170.0% during the 3rd quarter. Wellington Management Group LLP now owns 4,735,585 shares of the utilities provider’s stock worth $159,021,000 after buying an additional 2,981,689 shares in the last quarter. First Trust Advisors LP boosted its holdings in shares of Ameresco by 503.4% during the 4th quarter. First Trust Advisors LP now owns 1,066,571 shares of the utilities provider’s stock worth $31,240,000 after purchasing an additional 889,820 shares during the last quarter. Swedbank AB increased its holdings in shares of Ameresco by 74.3% in the first quarter. Swedbank AB now owns 645,000 shares of the utilities provider’s stock valued at $16,448,000 after purchasing an additional 275,000 shares during the last quarter. Invesco Ltd. boosted its stake in Ameresco by 54.7% during the third quarter. Invesco Ltd. now owns 575,173 shares of the utilities provider’s stock worth $19,314,000 after buying an additional 203,374 shares during the last quarter. Finally, Redwood Grove Capital LLC increased its stake in shares of Ameresco by 36.0% in the 2nd quarter. Redwood Grove Capital LLC now owns 679,833 shares of the utilities provider’s stock worth $10,327,000 after acquiring an additional 179,943 shares during the last quarter. Hedge funds and other institutional investors own 99.24% of the company’s stock.
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.
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