Ameresco Surpasses Earnings Estimates with Strong Quarterly Results

Ameresco (NYSE:AMRC) announced its quarterly earnings on Thursday, reporting earnings per share (EPS) of $0.88 for the quarter. This figure exceeded analysts' expectations, which were set at $0.76, marking a positive surprise of $0.12. Additionally, the company reported a net margin of 3.18% along with a return on equity of 5.68%. Furthermore, Ameresco revised its operating guidance for the fiscal year 2025, projecting EPS to be between $0.700 and $0.900.

Ameresco Stock Performance

During Thursday's trading, Ameresco stock experienced a slight increase, gaining $0.10 to reach $18.35. The trading volume was robust at 758,107 shares, significantly higher than its average volume of 396,132 shares. The company boasts a market capitalization of approximately $962.28 million. Its price-to-earnings (PE) ratio stands at 18.35, while the price-to-earnings-growth (PEG) ratio is 0.49, indicating potential growth. The stock also has a beta of 1.79, representing its volatility relative to the market. Over the last fifty-two weeks, the stock has recorded a low of $17.55 and a high of $39.68. Regarding financial health, Ameresco's debt-to-equity ratio is 1.36, while its current and quick ratios are 1.27 and 1.26, respectively.

Wall Street Analysts Forecast Growth

Recent comments from financial analysts reflect a mixed outlook for Ameresco. UBS Group lowered their target price for shares from $40.00 to $37.00, maintaining a "buy" rating for the stock. Meanwhile, StockNews.com has upgraded Ameresco to a "sell" rating. In contrast, Stifel Nicolaus increased their price target from $32.00 to $34.00, also issuing a "buy" rating. Overall, the stock has received varying responses: one analyst has set a sell rating, three have designated it as a hold, eight analysts suggest a buy, and one has issued a strong buy rating. The average rating across analysts indicates a "Moderate Buy" with a consensus target price of $36.22.

Insider Activity

In other developments, on February 3rd, Director Jennifer L. Miller sold 40,000 shares of Ameresco at an average price of $21.06, totaling $842,400 in sales. Following this transaction, Miller now holds 17,225 shares, representing a significant 69.90% decrease in ownership. This insider activity has been publicly disclosed in filings with the Securities and Exchange Commission. It is worth noting that insiders collectively own 42.00% of the company's shares.

About Ameresco

Ameresco, Inc. is a leading clean technology integrator, focused on providing a range of energy efficiency and renewable energy solutions across the United States, Canada, Europe, and beyond. The company operates through several segments, including U.S. Regions, U.S. Federal, Canada, Europe, Alternative Fuels, and others. Its extensive offerings include energy efficiency projects, infrastructure enhancements, energy security solutions, and sustainability initiatives for businesses and organizations.

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