Ameresco (NYSE:AMRC) Releases FY 2025 Earnings Guidance

Ameresco (NYSE:AMRC) issued an update on its FY 2025 earnings guidance on Monday morning. The company provided earnings per share (EPS) guidance of 0.700-0.900 for the period, compared to the consensus estimate of 0.850. The company issued revenue guidance of $1.9 billion-$2.0 billion, compared to the consensus revenue estimate of $1.9 billion.

Ameresco Price Performance

Shares of NYSE AMRC traded up $0.56 during midday trading on Monday, reaching $40.08. 449,133 shares of the company were exchanged, compared to its average volume of 681,149. The stock’s 50-day moving average price is $33.59 and its 200-day moving average price is $22.14. The stock has a market cap of $2.11 billion, a P/E ratio of 34.26, a PEG ratio of 1.93 and a beta of 2.33. Ameresco has a one year low of $8.49 and a one year high of $44.93. The company has a quick ratio of 1.54, a current ratio of 1.56 and a debt-to-equity ratio of 1.55.

Ameresco (NYSE:AMRC) last posted its earnings results on Monday, November 3rd. The utilities provider reported $0.35 earnings per share for the quarter, topping analysts’ consensus estimates of $0.33 by $0.02. Ameresco had a net margin of 3.34% and a return on equity of 7.00%. Ameresco has set its FY 2025 guidance at 0.700-0.900 EPS. On average, sell-side analysts anticipate that Ameresco will post 1.15 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the stock. Wall Street Zen lowered shares of Ameresco from a “hold” rating to a “sell” rating in a report on Sunday, October 26th. BNP Paribas lowered shares of Ameresco from an “outperform” rating to a “neutral” rating and set a $40.00 price target on the stock. in a report on Tuesday, October 21st. Robert W. Baird upgraded shares of Ameresco from a “neutral” rating to an “outperform” rating and lifted their price target for the stock from $23.00 to $35.00 in a report on Tuesday, September 2nd. Roth Capital lifted their price target on shares of Ameresco from $31.00 to $45.00 and gave the stock a “buy” rating in a report on Monday. Finally, Baird R W upgraded shares of Ameresco from a “hold” rating to a “strong-buy” rating in a report on Tuesday, September 2nd. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $33.40.

Hedge Funds Weigh In On Ameresco

Several institutional investors have recently made changes to their positions in AMRC. Bank of America Corp DE increased its position in shares of Ameresco by 13.0% during the second quarter. Bank of America Corp DE now owns 161,854 shares of the utilities provider’s stock worth $2,459,000 after acquiring an additional 18,643 shares in the last quarter. BNP Paribas Financial Markets increased its position in shares of Ameresco by 114.8% during the second quarter. BNP Paribas Financial Markets now owns 90,068 shares of the utilities provider’s stock worth $1,368,000 after acquiring an additional 48,146 shares in the last quarter. Empowered Funds LLC bought a new stake in shares of Ameresco during the first quarter worth about $1,187,000. Rhumbline Advisers increased its position in shares of Ameresco by 10.9% during the second quarter. Rhumbline Advisers now owns 54,983 shares of the utilities provider’s stock worth $835,000 after acquiring an additional 5,404 shares in the last quarter. Finally, AQR Capital Management LLC bought a new stake in Ameresco in the 1st quarter worth about $820,000. Institutional investors and hedge funds own 99.24% of the company’s stock.

About Ameresco

Ameresco, Inc, a clean technology integrator, provides a portfolio of energy efficiency and renewable energy supply solutions in the United States, Canada, Europe, and internationally. It operates through U.S. Regions, U.S. Federal, Canada, Europe, Alternative Fuels, and All Other segments. The company offers energy efficiency, infrastructure upgrades, energy security and resilience, asset sustainability, and renewable energy solutions for businesses and organizations.