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Ameresco (AMRC)
NYSE:AMRC
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AMRC Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$17.55 - $47.56
Previous Close$29.41
Volume341.00K
Average Volume (3M)434.70K
Market Cap
$1.66B
Enterprise Value$3.24B
Total Cash (Recent Filing)$150.28M
Total Debt (Recent Filing)$1.66B
Price to Earnings (P/E)27.5
Beta1.70
Next Earnings
Oct 29, 2024EPS Estimate
$0.51Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)1.07
Shares Outstanding52,402,515
10 Day Avg. Volume234,414
30 Day Avg. Volume434,705
Standard Deviation0.20
R-Squared0.21
Alpha0.01
Financial Highlights & Ratios
Price to Book (P/B)1.99
Price to Sales (P/S)1.10
Price to Cash Flow (P/CF)7.80
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.14
Enterprise Value/Gross Profit13.16
Enterprise Value/Ebitda22.14
Forecast
1Y Price Target
$34.71Price Target Upside18.02% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering9
Ameresco News
PremiumCompany Announcements
Ameresco Appoints Mark Chiplock as New CFOBulls Say, Bears Say
Bulls Say
Financial PositionSubstantial completion payments will help to substantially improve the company's financial position.
LiquidityManagement has commented that it anticipates no further equity or debt raises for the remainder of FY24, a reassuring statement to those concerned around the liquidity position of the company.
Projects And Cash InfusionThe Ameresco/ SCE battery project is the largest in Ameresco history.
Bears Say
Financial PerformanceThe biggest hurdle for renewables project developer/owner AMRC is credibility due to downward revisions on EBITDA guidance, project delays, and uncertainty around performance.
LiquidityLiquidity has been in a tough position over the past few quarters, with the company reporting negative adjusted cash flow from operations from 1Q22 all the way through 4Q23.
Project DelaysLumpy results, delays with the SoCal Edison project, and project pushouts have added to investor fatigue in recent quarters.
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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 $47.56 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 Oct 29, 2024 which is in 52 days.
How were Ameresco’s earnings last quarter?
Ameresco released its earnings results on Aug 05, 2024. The company reported $0.1 earnings per share for the quarter, missing the consensus estimate of $0.195 by -$0.095.
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 $0.51.
How many shares outstanding does Ameresco have?
Ameresco has 34,402,515 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, missing expectations of $0.195. Following the earnings report the stock price went up 7.002%.
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 9M.
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Ameresco Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$34.71 (18.02% Upside)
$34.71 (18.02% Upside)
Blogger Sentiment
Neutral
AMRC Sentiment 67%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Increased
By 305.0K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $132.7K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.7%
Last 30 Days ▼ 1.4%
Last 30 Days ▼ 1.4%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-30.78%
12-Months-Change
Fundamentals
Return on Equity
6.48%
Trailing 12-Months
Asset Growth
30.39%
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
Q2 2024
0:00 / 0:00
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AMRC Stock 12 Month Forecast
Average Price Target
$34.71
▲(18.02% Upside)
Technical Analysis
Best Analysts Covering AMRC
1 Year
1 Year Success Rate
13/13 ratings generated profit
1 Year Average Return
+53.09%
reiterated a buy rating last month
Copying Craig Irwin's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +53.09% per trade.
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