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Ameresco (AMRC)
NYSE:AMRC
Ameresco (AMRC) Stock Price & Analysis
606 Followers
AMRC Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$17.55 - $63.19
Previous Close$27.4
Volume88.79K
Average Volume (3M)582.14K
Market Cap
$1.44B
Enterprise Value$2.97B
Total Cash (Recent Filing)$79.27M
Total Debt (Recent Filing)$1.55B
Price to Earnings (P/E)25.0
Beta1.78
Next Earnings
Jul 29, 2024EPS Estimate
$0.28Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)1.10
Shares Outstanding52,338,602
10 Day Avg. Volume684,906
30 Day Avg. Volume582,142
Standard Deviation0.18
R-Squared0.23
Alpha0.00558
Financial Highlights & Ratios
Price to Book (P/B)1.91
Price to Sales (P/S)0.68
Price to Cash Flow (P/CF)-13.30
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.16
Enterprise Value/Gross Profit12.07
Enterprise Value/Ebitda22.79
Forecast
1Y Price Target
$35.11Price Target Upside28.00% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering11
Ameresco News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceAmeresco's Q1 results demonstrated a strong start to the year with sales surpassing estimates and a robust project backlog highlighting increasing demand for the company's services.
Management InsightManagement's observation about easing labor constraints and extended project timelines provides optimism about Ameresco's operational efficiency and future project delivery.
Stock ValuationAnalyst upgrades Ameresco's price target, signaling confidence in the company's growth prospects and its strategic approach to owning and selling energy assets.
Bears Say
Project ManagementLonger project conversion times and potential labor shortages could impact results.
Stock ValuationLowering price target to $28 due to project delays and supply chain headwinds.
Supply ChainSupply chain tightness and lengthened project conversion cycle, particularly in the US, are limiting factors.
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Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
AMRC FAQ
What was Ameresco’s price range in the past 12 months?
Ameresco lowest stock price was $17.55 and its highest was $63.19 in the past 12 months.
What is Ameresco’s market cap?
Currently, no data Available
When is Ameresco’s upcoming earnings report date?
Ameresco’s upcoming earnings report date is Jul 29, 2024 which is in 73 days.
How were Ameresco’s earnings last quarter?
Ameresco released its earnings results on May 07, 2024. The company reported -$0.1 earnings per share for the quarter, beating the consensus estimate of -$0.119 by $0.019.
Is Ameresco overvalued?
According to Wall Street analysts Ameresco’s price is currently Undervalued.
Does Ameresco pay dividends?
Ameresco does not currently pay dividends.
What is Ameresco’s EPS estimate?
Ameresco’s EPS estimate is $0.28.
How many shares outstanding does Ameresco have?
Ameresco has 34,338,600 shares outstanding.
What happened to Ameresco’s price movement after its last earnings report?
Ameresco reported an EPS of -$0.1 in its last earnings report, beating expectations of -$0.119. Following the earnings report the stock price went up 21.133%.
Which hedge fund is a major shareholder of Ameresco?
Among the largest hedge funds holding Ameresco’s share is Bandera Partners. It holds Ameresco’s shares valued at 6M.
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Ameresco Stock Smart Score
Neutral
1
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10
Analyst Consensus
Strong Buy
Average Price Target:
$35.11 (28.00% Upside)
$35.11 (28.00% Upside)
Blogger Sentiment
Neutral
AMRC Sentiment 50%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Decreased
By 201.1K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $67.0K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 3.7%
Last 30 Days ▲ 37.5%
Last 30 Days ▲ 37.5%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-35.48%
12-Months-Change
Fundamentals
Return on Equity
6.73%
Trailing 12-Months
Asset Growth
28.17%
Trailing 12-Months
Company Description
Ameresco
Ameresco, Inc. engages in the provision of energy services, including energy efficiency, infrastructure upgrades, asset sustainability, and renewable energy solutions for businesses and organizations throughout North America and Europe. It operates through the following segments: U.S. Regions, U.S. Federal, Canada, Non-Solar Distributed Generation, and All Other. The U.S. Regions, U.S. Federal, and Canada segments offer energy efficiency products and services, such as design, engineering and installation of equipment and other measures to improve the efficiency and control the operation of a facility's energy infrastructure; and renewable energy solutions and services. The Non-Solar Distributed Generation sells electricity, processed renewable gas fuel, heat or cooling, produced from renewable sources of energy, other than solar, and generated by small-scale plants; and operations and maintenance services for customer owned small-scale plants. The All Other segment enterprise energy management services, consulting services and integrated-PV. The company was founded by George P. Sakellaris on April 25, 2000 and is headquartered in Framingham, MA.
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AMRC Company Deck
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AMRC Earnings Call
Q1 2024
0:00 / 0:00
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AMRC Stock 12 Month Forecast
Average Price Target
$35.11
▲(28.00% Upside)
Technical Analysis
Best Analysts Covering AMRC
1 Year
1 Year Success Rate
11/12 ratings generated profit
1 Year Average Return
+56.73%
upgraded a buy rating 7 months ago
Copying Craig Irwin's trades and holding each position for 1 Year would result in 91.67% of your transactions generating a profit, with an average return of +56.73% per trade.
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