Francis Wisneski, Jr. Sells 10,000 Shares of Ameresco (NYSE:AMRC) Stock

Ameresco, Inc. (NYSE:AMRC) Director Francis Wisneski, Jr. sold 10,000 shares of the company’s stock in a transaction that occurred on Tuesday, May 19th. The stock was sold at an average price of $30.29, for a total value of $302,900.00. Following the transaction, the director directly owned 25,232 shares of the company’s stock, valued at approximately $764,277.28. This trade represents a 28.38% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Ameresco Trading Up 5.3%

NYSE:AMRC opened at $31.82 on Friday. Ameresco, Inc. has a twelve month low of $12.96 and a twelve month high of $44.93. The company has a quick ratio of 1.48, a current ratio of 1.49 and a debt-to-equity ratio of 1.64. The business has a 50 day moving average price of $27.52 and a two-hundred day moving average price of $30.24. The company has a market cap of $1.68 billion, a P/E ratio of 54.86, a price-to-earnings-growth ratio of 2.49 and a beta of 2.55.

Ameresco (NYSE:AMRC) last released its quarterly earnings results on Monday, May 4th. The utilities provider reported ($0.33) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.27) by ($0.06). Ameresco had a return on equity of 3.33% and a net margin of 1.59%.The firm had revenue of $401.46 million for the quarter, compared to analyst estimates of $362.92 million. During the same period last year, the company earned ($0.11) EPS. The company’s revenue was up 13.8% compared to the same quarter last year. Ameresco has set its FY 2026 guidance at 1.060-1.280 EPS. As a group, analysts expect that Ameresco, Inc. will post 1.1 EPS for the current fiscal year.

Institutional Investors Weigh In On Ameresco

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. State of Wyoming bought a new stake in Ameresco in the 4th quarter valued at $27,000. Caitong International Asset Management Co. Ltd bought a new stake in Ameresco in the 4th quarter valued at $48,000. Fifth Third Bancorp bought a new stake in Ameresco in the 1st quarter valued at $44,000. Summit Securities Group LLC bought a new stake in Ameresco in the 4th quarter valued at $55,000. Finally, Wealth Enhancement Advisory Services LLC bought a new stake in Ameresco in the 3rd quarter valued at $76,000. Institutional investors own 99.24% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on AMRC shares. Cantor Fitzgerald upped their price objective on Ameresco from $41.00 to $45.00 and gave the stock an “overweight” rating in a research note on Tuesday. B. Riley Financial upped their price objective on Ameresco from $45.00 to $47.00 and gave the stock a “buy” rating in a research note on Wednesday, March 4th. Zacks Research cut Ameresco from a “hold” rating to a “strong sell” rating in a research note on Monday, May 4th. Canaccord Genuity Group upped their price objective on Ameresco from $50.00 to $59.00 and gave the stock a “buy” rating in a research note on Wednesday, May 6th. Finally, Robert W. Baird dropped their price objective on Ameresco from $44.00 to $36.00 and set an “outperform” rating on the stock in a research note on Tuesday, May 5th. Seven analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $42.56.

Ameresco Company Profile

Ameresco, Inc is a leading independent provider of comprehensive energy efficiency and renewable energy solutions for businesses and governments across North America, Europe and other select markets. Its integrated services portfolio includes energy efficiency retrofits, infrastructure upgrades, distributed generation systems and facility-scale renewable projects. Leveraging performance-based contracting models, Ameresco designs, finances, installs and maintains energy improvements intended to reduce operational costs, mitigate environmental impact and enhance resiliency for its clients.

Founded in 2000 and headquartered in Framingham, Massachusetts, Ameresco has completed thousands of projects spanning solar, wind, geothermal, biomass, landfill gas‐to‐energy, energy storage and microgrid installations.