Ameresco, Inc. (NYSE:AMRC – Get Free Report) CEO George Sakellaris acquired 5,000 shares of the business’s stock in a transaction dated Monday, August 24th. The shares were bought at an average price of $20.91 per share, with a total value of $104,550.00. Following the transaction, the chief executive officer directly owned 1,000,597 shares in the company, valued at approximately $20,922,483.27. The trade was a 0.50% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available through this hyperlink.
Ameresco Trading Up 0.3%
AMRC traded up $0.06 during trading on Wednesday, reaching $22.13. The company had a trading volume of 639,842 shares, compared to its average volume of 592,515. Ameresco, Inc. has a 12-month low of $18.38 and a 12-month high of $44.93. The firm’s 50-day simple moving average is $24.94 and its 200 day simple moving average is $27.63. The company has a market cap of $1.17 billion, a price-to-earnings ratio of 42.56, a PEG ratio of 1.54 and a beta of 2.62. The company has a debt-to-equity ratio of 1.33, a quick ratio of 1.66 and a current ratio of 1.67.
Ameresco (NYSE:AMRC – Get Free Report) last released its quarterly earnings results on Monday, August 3rd. The utilities provider reported $0.20 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.20. Ameresco had a net margin of 1.40% and a return on equity of 2.82%. The business had revenue of $515.46 million for the quarter, compared to analyst estimates of $465.18 million. During the same quarter in the previous year, the business earned $0.27 earnings per share. The firm’s revenue was up 9.1% compared to the same quarter last year. Ameresco has set its FY 2026 guidance at 1.150-1.350 EPS. Equities research analysts anticipate that Ameresco, Inc. will post 1.24 earnings per share for the current year.
Institutional Investors Weigh In On Ameresco
Analysts Set New Price Targets
A number of research firms have recently weighed in on AMRC. Cantor Fitzgerald reaffirmed an “overweight” rating on shares of Ameresco in a research note on Tuesday, August 4th. Guggenheim began coverage on shares of Ameresco in a research report on Friday, May 22nd. They set a “neutral” rating for the company. Wall Street Zen raised Ameresco from a “sell” rating to a “hold” rating in a research report on Saturday, August 8th. BNP Paribas Exane raised Ameresco from a “neutral” rating to an “outperform” rating and upped their price target for the company from $34.00 to $40.00 in a report on Tuesday, August 4th. Finally, Oppenheimer restated a “market perform” rating on shares of Ameresco in a research note on Tuesday, August 4th. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $42.89.
Read Our Latest Analysis on AMRC
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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