Ameresco (NYSE:AMRC) Hits New 1-Year Low – Should You Sell?

Ameresco, Inc. (NYSE:AMRC)’s stock price reached a new 52-week low during mid-day trading on Monday. The stock traded as low as $18.32 and last traded at $18.3950, with a volume of 55,807 shares traded. The stock had previously closed at $18.53.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the company. BNP Paribas Exane upgraded Ameresco from a “neutral” rating to an “outperform” rating and lifted their price target for the company from $34.00 to $40.00 in a research report on Tuesday, August 4th. Jefferies Financial Group upgraded Ameresco to a “strong-buy” rating in a research note on Thursday, September 3rd. Wall Street Zen raised Ameresco from a “sell” rating to a “hold” rating in a report on Sunday, September 27th. Canaccord Genuity Group upped their price target on Ameresco from $59.00 to $62.00 and gave the company a “buy” rating in a research report on Tuesday, August 4th. Finally, Oppenheimer reissued a “market perform” rating on shares of Ameresco in a report on Tuesday, August 4th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, five have given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $41.89.

Ameresco Stock Performance

The company’s 50-day moving average price is $22.03 and its two-hundred day moving average price is $25.51. The company has a debt-to-equity ratio of 1.33, a quick ratio of 1.66 and a current ratio of 1.67. The stock has a market cap of $992.94 million, a PE ratio of 35.98, a PEG ratio of 1.38 and a beta of 2.62.

Ameresco (NYSE:AMRC) last posted its quarterly earnings results on Monday, August 3rd. The utilities provider reported $0.20 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.20. Ameresco had a net margin of 1.40% and a return on equity of 2.82%. The business had revenue of $515.46 million during the quarter, compared to analyst estimates of $465.18 million. During the same period in the prior year, the business posted $0.27 earnings per share. The company’s revenue was up 9.1% on a year-over-year basis. Ameresco has set its FY 2026 guidance at 1.150-1.350 EPS. On average, equities research analysts forecast that Ameresco, Inc. will post 1.22 EPS for the current year.

Insider Activity at Ameresco

In related news, CEO George P. Sakellaris bought 5,000 shares of the business’s stock in a transaction on Monday, August 24th. The stock was acquired at an average price of $20.91 per share, with a total value of $104,550.00. Following the transaction, the chief executive officer owned 1,000,597 shares in the company, valued at approximately $20,922,483.27. This trade represents a 0.50% increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Joseph W. Sutton purchased 9,700 shares of the stock in a transaction dated Monday, August 24th. The shares were purchased at an average cost of $20.87 per share, for a total transaction of $202,439.00. Following the completion of the acquisition, the director directly owned 80,246 shares in the company, valued at approximately $1,674,734.02. This trade represents a 13.75% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders bought 75,025 shares of company stock valued at $1,778,963 over the last ninety days. Company insiders own 45.10% of the company’s stock.

Institutional Trading of Ameresco

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Farther Finance Advisors LLC raised its stake in Ameresco by 458.8% during the 3rd quarter. Farther Finance Advisors LLC now owns 1,263 shares of the utilities provider’s stock valued at $26,000 after purchasing an additional 1,037 shares during the period. Fifth Third Bancorp purchased a new stake in Ameresco during the 1st quarter valued at approximately $44,000. Optiver Holding B.V. raised its position in shares of Ameresco by 550.8% during the first quarter. Optiver Holding B.V. now owns 2,369 shares of the utilities provider’s stock valued at $60,000 after buying an additional 2,005 shares during the last quarter. Northside Capital Management LLC bought a new stake in shares of Ameresco during the second quarter valued at approximately $207,000. Finally, Entropy Technologies LP bought a new stake in shares of Ameresco during the first quarter valued at approximately $216,000. Hedge funds and other institutional investors own 99.24% of the company’s stock.

About Ameresco

Ameresco, Inc (NYSE:AMRC) is an energy solutions and renewable energy company that develops, designs, constructs, and operates energy efficiency and infrastructure projects. Its services help public- and private-sector organizations reduce energy consumption, improve facility performance, and transition to lower-carbon energy sources.

The company’s offerings include energy-as-a-service programs, energy audits and efficiency upgrades, solar power systems, battery energy storage, microgrids, distributed energy resources, LED lighting, heating and cooling systems, and renewable natural gas projects.