Francis Wisneski Jr Sells 5,000 Shares of Ameresco (NYSE:AMRC) Stock

Ameresco, Inc. (NYSE:AMRC) Director Francis Wisneski, Jr. sold 5,000 shares of Ameresco stock in a transaction dated Friday, May 29th. The stock was sold at an average price of $36.12, for a total value of $180,600.00. Following the completion of the transaction, the director directly owned 25,232 shares in the company, valued at $911,379.84. This represents a 16.54% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink.

Ameresco Stock Up 4.3%

Shares of AMRC traded up $1.50 during mid-day trading on Tuesday, reaching $36.10. The company’s stock had a trading volume of 467,851 shares, compared to its average volume of 548,158. The business has a fifty day moving average of $28.60 and a 200 day moving average of $30.13. The company has a market cap of $1.91 billion, a price-to-earnings ratio of 62.24, a price-to-earnings-growth ratio of 2.97 and a beta of 2.58. Ameresco, Inc. has a 1 year low of $13.36 and a 1 year high of $44.93. The company has a quick ratio of 1.48, a current ratio of 1.49 and a debt-to-equity ratio of 1.64.

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

Wall Street Analyst Weigh In

Several analysts recently commented on the stock. Stifel Nicolaus restated a “buy” rating and set a $38.00 price target (up from $37.00) on shares of Ameresco in a report on Wednesday, March 11th. Canaccord Genuity Group upped their price objective on shares of Ameresco from $50.00 to $59.00 and gave the company a “buy” rating in a research note on Wednesday, May 6th. UBS Group decreased their target price on shares of Ameresco from $40.00 to $28.00 and set a “neutral” rating for the company in a research note on Friday, March 13th. Guggenheim started coverage on shares of Ameresco in a report on Friday, May 22nd. They set a “neutral” rating on the stock. Finally, Zacks Research downgraded shares of Ameresco from a “hold” rating to a “strong sell” rating in a research note on Monday, May 4th. Seven analysts have rated the stock with a Buy rating, four have given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $42.56.

Institutional Investors Weigh In On Ameresco

Several large investors have recently made changes to their positions in AMRC. State of Wyoming bought a new stake in shares of Ameresco in the 4th quarter valued at approximately $27,000. Fifth Third Bancorp bought a new stake in shares of Ameresco in the 1st quarter valued at approximately $44,000. Caitong International Asset Management Co. Ltd bought a new stake in shares of Ameresco in the 4th quarter valued at approximately $48,000. Tower Research Capital LLC TRC grew its stake in shares of Ameresco by 99.4% in the 2nd quarter. Tower Research Capital LLC TRC now owns 3,518 shares of the utilities provider’s stock valued at $53,000 after buying an additional 1,754 shares in the last quarter. Finally, Summit Securities Group LLC bought a new stake in shares of Ameresco in the 4th quarter valued at approximately $55,000. Institutional investors own 99.24% of the company’s stock.

Ameresco Company Profile

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.