Ameresco (NYSE:AMRC) Shares Up 13.5% – What’s Next?

Ameresco, Inc. (NYSE:AMRC)’s share price was up 13.5% during trading on Thursday . The stock traded as high as $33.06 and last traded at $32.88. Approximately 503,723 shares changed hands during trading, a decline of 3% from the average daily volume of 517,600 shares. The stock had previously closed at $28.98.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on AMRC shares. Weiss Ratings downgraded Ameresco from a “sell (d+)” rating to a “sell (d)” rating in a research report on Wednesday, May 6th. B. Riley Financial raised their price target on Ameresco from $45.00 to $47.00 and gave the company a “buy” rating in a report on Wednesday, March 4th. UBS Group dropped their price target on Ameresco from $40.00 to $28.00 and set a “neutral” rating for the company in a report on Friday, March 13th. Zacks Research cut Ameresco from a “hold” rating to a “strong sell” rating in a report on Monday, May 4th. Finally, Cantor Fitzgerald reaffirmed an “overweight” rating on shares of Ameresco in a report on Wednesday, March 4th. Seven research analysts have rated the stock with a Buy rating, three have given a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $42.11.

Ameresco Price Performance

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 capitalization of $1.75 billion, a P/E ratio of 56.91, a price-to-earnings-growth ratio of 2.77 and a beta of 2.55. The company has a 50-day moving average price of $27.11 and a 200-day moving average price of $30.58.

Ameresco (NYSE:AMRC) last posted its quarterly earnings results on Monday, May 4th. The utilities provider reported ($0.33) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.27) by ($0.06). The company had revenue of $401.46 million during the quarter, compared to the consensus estimate of $362.92 million. Ameresco had a return on equity of 3.33% and a net margin of 1.59%.The firm’s revenue for the quarter was up 13.8% on a year-over-year basis. During the same quarter in the prior year, the business earned ($0.11) earnings per share. Ameresco has set its FY 2026 guidance at 1.060-1.280 EPS. On average, sell-side analysts predict that Ameresco, Inc. will post 1.09 earnings per share for the current year.

Insiders Place Their Bets

In other Ameresco news, Director Nickolas Stavropoulos sold 15,700 shares of Ameresco stock in a transaction dated Friday, February 20th. The stock was sold at an average price of $34.15, for a total transaction of $536,155.00. Following the transaction, the director directly owned 14,111 shares in the company, valued at approximately $481,890.65. The trade was a 52.67% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders sold 16,475 shares of company stock worth $559,298 in the last 90 days. Insiders own 44.96% of the company’s stock.

Institutional Trading of Ameresco

A number of institutional investors have recently modified their holdings of the company. Universal Beteiligungs und Servicegesellschaft mbH increased its position in Ameresco by 318.2% during the third quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 107,788 shares of the utilities provider’s stock worth $3,620,000 after buying an additional 82,015 shares during the last quarter. Royce & Associates LP grew its position in shares of Ameresco by 197.6% in the third quarter. Royce & Associates LP now owns 964,010 shares of the utilities provider’s stock valued at $32,371,000 after purchasing an additional 640,106 shares during the last quarter. Erste Asset Management GmbH grew its position in Ameresco by 41.2% during the third quarter. Erste Asset Management GmbH now owns 154,019 shares of the utilities provider’s stock worth $5,261,000 after buying an additional 44,949 shares in the last quarter. Swedbank AB grew its position in Ameresco by 219.0% during the fourth quarter. Swedbank AB now owns 370,000 shares of the utilities provider’s stock worth $10,837,000 after buying an additional 254,000 shares in the last quarter. Finally, Portolan Capital Management LLC acquired a new stake in Ameresco during the third quarter worth approximately $5,873,000. 99.24% of the stock is currently owned by institutional investors.

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.