Francis Wisneski, Jr. Sells 5,000 Shares of Ameresco (NYSE:AMRC) Stock

Ameresco, Inc. (NYSE:AMRC) Director Francis Wisneski, Jr. sold 5,000 shares of the business’s stock in a transaction on Friday, May 29th. The stock was sold at an average price of $36.12, for a total value of $180,600.00. Following the transaction, the director owned 25,232 shares of the company’s stock, valued at $911,379.84. This trade represents a 16.54% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.

Ameresco Trading Down 8.2%

Shares of AMRC stock opened at $33.10 on Thursday. The company has a debt-to-equity ratio of 1.64, a quick ratio of 1.48 and a current ratio of 1.49. Ameresco, Inc. has a 1 year low of $14.08 and a 1 year high of $44.93. The stock has a fifty day moving average of $28.90 and a two-hundred day moving average of $30.15. The firm has a market capitalization of $1.75 billion, a PE ratio of 57.06, a price-to-earnings-growth ratio of 2.97 and a beta of 2.58.

Ameresco (NYSE:AMRC) last announced its quarterly earnings results on Monday, May 4th. The utilities provider reported ($0.33) earnings per share (EPS) 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 business had revenue of $401.46 million for the quarter, compared to analyst estimates of $362.92 million. During the same quarter last year, the firm posted ($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, research analysts expect that Ameresco, Inc. will post 1.1 EPS for the current year.

Institutional Trading of Ameresco

Institutional investors have recently modified their holdings of the company. State of Wyoming acquired a new stake in shares of Ameresco in the fourth quarter valued at $27,000. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Ameresco in the fourth quarter valued at $48,000. Fifth Third Bancorp purchased a new stake in shares of Ameresco during the first quarter valued at $44,000. Summit Securities Group LLC purchased a new stake in shares of Ameresco during the fourth quarter valued at $55,000. Finally, Wealth Enhancement Advisory Services LLC purchased a new stake in shares of Ameresco during the third quarter valued at $76,000. Institutional investors and hedge funds own 99.24% of the company’s stock.

Wall Street Analysts Forecast Growth

AMRC has been the subject of a number of analyst reports. Stifel Nicolaus reiterated a “buy” rating and set a $38.00 price target (up from $37.00) on shares of Ameresco in a research report on Wednesday, March 11th. B. Riley Financial upped their price objective on Ameresco from $45.00 to $47.00 and gave the company a “buy” rating in a report on Wednesday, March 4th. Zacks Research lowered Ameresco from a “hold” rating to a “strong sell” rating in a report on Monday, May 4th. Guggenheim initiated coverage on Ameresco in a report on Friday, May 22nd. They issued a “neutral” rating for the company. Finally, Weiss Ratings upgraded Ameresco from a “sell (d)” rating to a “sell (d+)” rating in a report on Tuesday, May 26th. Seven investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, Ameresco currently has an average rating of “Hold” and a consensus target price of $42.56.

About Ameresco

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.