B. Riley Issues Pessimistic Estimate for Ameresco Earnings

Ameresco, Inc. (NYSE:AMRC) – Stock analysts at B. Riley dropped their Q1 2025 earnings estimates for shares of Ameresco in a research report issued on Tuesday, April 29th. B. Riley analyst R. Pfingst now anticipates that the utilities provider will earn ($0.39) per share for the quarter, down from their previous forecast of ($0.36). The consensus estimate for Ameresco’s current full-year earnings is $1.15 per share.

Several other brokerages also recently commented on AMRC. UBS Group downgraded shares of Ameresco from a “buy” rating to a “sell” rating and decreased their price objective for the company from $37.00 to $8.00 in a research report on Tuesday, March 4th. Stifel Nicolaus reduced their price target on shares of Ameresco from $34.00 to $18.00 and set a “buy” rating on the stock in a report on Wednesday, March 5th. Baird R W downgraded shares of Ameresco from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 15th. Canaccord Genuity Group reduced their price target on shares of Ameresco from $36.00 to $27.00 and set a “buy” rating on the stock in a report on Friday, February 28th. Finally, Robert W. Baird restated a “neutral” rating and issued a $13.00 target price (down from $25.00) on shares of Ameresco in a report on Tuesday, April 15th. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $22.83.

Ameresco Stock Up 4.0 %

Shares of AMRC stock opened at $11.06 on Thursday. The company has a market capitalization of $581.10 million, a price-to-earnings ratio of 11.06, a PEG ratio of 0.49 and a beta of 2.02. Ameresco has a one year low of $8.49 and a one year high of $39.68. The company’s fifty day moving average price is $11.30 and its 200-day moving average price is $20.62. The company has a debt-to-equity ratio of 1.36, a current ratio of 1.27 and a quick ratio of 1.26.

Ameresco (NYSE:AMRC) last announced its quarterly earnings data on Thursday, February 27th. The utilities provider reported $0.88 EPS for the quarter, beating the consensus estimate of $0.76 by $0.12. The firm had revenue of $532.67 million for the quarter, compared to the consensus estimate of $524.31 million. Ameresco had a net margin of 3.18% and a return on equity of 5.68%.

Institutional Investors Weigh In On Ameresco

Hedge funds and other institutional investors have recently bought and sold shares of the company. First Trust Advisors LP lifted its holdings in shares of Ameresco by 124.4% during the 4th quarter. First Trust Advisors LP now owns 838,258 shares of the utilities provider’s stock valued at $19,682,000 after purchasing an additional 464,737 shares during the last quarter. Rock Point Advisors LLC grew its stake in Ameresco by 97.7% during the 1st quarter. Rock Point Advisors LLC now owns 516,971 shares of the utilities provider’s stock worth $6,245,000 after buying an additional 255,538 shares during the last quarter. DnB Asset Management AS grew its stake in Ameresco by 59.6% during the 4th quarter. DnB Asset Management AS now owns 613,430 shares of the utilities provider’s stock worth $14,403,000 after buying an additional 229,128 shares during the last quarter. Dimensional Fund Advisors LP grew its stake in Ameresco by 22.7% during the 4th quarter. Dimensional Fund Advisors LP now owns 1,159,757 shares of the utilities provider’s stock worth $27,230,000 after buying an additional 214,918 shares during the last quarter. Finally, Harbor Capital Advisors Inc. grew its stake in Ameresco by 731.8% during the 1st quarter. Harbor Capital Advisors Inc. now owns 230,705 shares of the utilities provider’s stock worth $2,787,000 after buying an additional 202,970 shares during the last quarter. Hedge funds and other institutional investors own 99.24% of the company’s stock.

Insider Buying and Selling at Ameresco

In other news, Director Jennifer L. Miller sold 40,000 shares of the business’s stock in a transaction dated Monday, February 3rd. The shares were sold at an average price of $21.06, for a total value of $842,400.00. Following the completion of the sale, the director now owns 17,225 shares in the company, valued at approximately $362,758.50. The trade was a 69.90 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO George P. Sakellaris purchased 50,000 shares of Ameresco stock in a transaction dated Tuesday, March 4th. The stock was acquired at an average price of $9.96 per share, with a total value of $498,000.00. Following the acquisition, the chief executive officer now owns 903,638 shares in the company, valued at approximately $9,000,234.48. This represents a 5.86 % increase in their position. The disclosure for this purchase can be found here. In the last three months, insiders purchased 80,808 shares of company stock valued at $785,274 and sold 40,085 shares valued at $843,378. 42.00% of the stock is owned by corporate 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.