Roth Capital Comments on Ameresco, Inc.’s FY2025 Earnings (NYSE:AMRC)

Ameresco, Inc. (NYSE:AMRC) – Analysts at Roth Capital issued their FY2025 EPS estimates for Ameresco in a note issued to investors on Tuesday, August 6th. Roth Capital analyst C. Irwin anticipates that the utilities provider will post earnings per share of $1.65 for the year. The consensus estimate for Ameresco’s current full-year earnings is $1.36 per share.

AMRC has been the subject of a number of other reports. Truist Financial reduced their price target on shares of Ameresco from $40.00 to $37.00 and set a “buy” rating for the company in a research report on Monday, April 22nd. Oppenheimer reiterated a “market perform” rating on shares of Ameresco in a report on Wednesday, April 17th. Robert W. Baird boosted their target price on Ameresco from $28.00 to $32.00 and gave the company an “outperform” rating in a research note on Thursday, May 9th. Piper Sandler cut their price target on Ameresco from $37.00 to $35.00 and set an “overweight” rating for the company in a research note on Tuesday. Finally, Stifel Nicolaus lowered their price target on Ameresco from $35.00 to $32.00 and set a “buy” rating for the company in a research note on Thursday, May 9th. One analyst has rated the stock with a sell rating, four have assigned a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $38.00.

Ameresco Stock Up 3.7 %

NYSE:AMRC opened at $28.96 on Wednesday. Ameresco has a 1-year low of $17.55 and a 1-year high of $51.94. The firm has a market capitalization of $1.52 billion, a price-to-earnings ratio of 26.33, a PEG ratio of 0.86 and a beta of 1.78. The company has a current ratio of 0.97, a quick ratio of 0.96 and a debt-to-equity ratio of 1.09. The business’s fifty day moving average price is $31.30 and its 200 day moving average price is $25.95.

Ameresco (NYSE:AMRC) last posted its quarterly earnings data on Monday, August 5th. The utilities provider reported $0.10 earnings per share for the quarter, missing the consensus estimate of $0.25 by ($0.15). The firm had revenue of $437.98 million for the quarter, compared to analysts’ expectations of $373.75 million. Ameresco had a return on equity of 6.67% and a net margin of 4.17%. The company’s revenue for the quarter was up 33.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.15 earnings per share.

Institutional Trading of Ameresco

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Inspire Advisors LLC bought a new stake in shares of Ameresco in the second quarter valued at approximately $500,000. Zions Bancorporation N.A. raised its stake in Ameresco by 58.2% during the 2nd quarter. Zions Bancorporation N.A. now owns 48,310 shares of the utilities provider’s stock valued at $1,392,000 after purchasing an additional 17,765 shares during the last quarter. American Century Companies Inc. boosted its holdings in Ameresco by 190.4% in the 2nd quarter. American Century Companies Inc. now owns 184,281 shares of the utilities provider’s stock valued at $5,309,000 after purchasing an additional 120,833 shares during the period. LGT Group Foundation acquired a new stake in Ameresco in the 2nd quarter worth $20,325,000. Finally, Rhumbline Advisers increased its holdings in shares of Ameresco by 11.9% during the 2nd quarter. Rhumbline Advisers now owns 51,417 shares of the utilities provider’s stock worth $1,481,000 after purchasing an additional 5,455 shares during the period. Institutional investors and hedge funds own 99.24% of the company’s stock.

Insider Activity at Ameresco

In other Ameresco news, CAO Mark Chiplock sold 3,000 shares of the company’s stock in a transaction dated Thursday, May 30th. The shares were sold at an average price of $35.00, for a total transaction of $105,000.00. Following the completion of the sale, the chief accounting officer now directly owns 348 shares in the company, valued at $12,180. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 42.00% of the stock is currently owned by company insiders.

About Ameresco

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.