Ameresco (NYSE:AMRC) Posts Earnings Results, Beats Estimates By $0.12 EPS

Ameresco (NYSE:AMRC) issued its quarterly earnings data on Thursday. The utilities provider reported $0.88 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.76 by $0.12, Zacks reports. Ameresco had a return on equity of 5.68% and a net margin of 3.18%. Ameresco updated its FY 2025 guidance to 0.700-0.900 EPS.

Ameresco Price Performance

Shares of NYSE:AMRC traded up $0.10 during trading on Thursday, reaching $18.35. 758,107 shares of the company’s stock traded hands, compared to its average volume of 396,132. Ameresco has a fifty-two week low of $17.55 and a fifty-two week high of $39.68. The company has a quick ratio of 1.26, a current ratio of 1.27 and a debt-to-equity ratio of 1.36. The firm has a market cap of $962.28 million, a PE ratio of 18.35, a P/E/G ratio of 0.49 and a beta of 1.79. The company has a 50-day simple moving average of $22.27 and a 200-day simple moving average of $27.62.

Analyst Ratings Changes

Several brokerages have recently commented on AMRC. UBS Group reduced their price objective on Ameresco from $40.00 to $37.00 and set a “buy” rating on the stock in a research report on Wednesday. StockNews.com raised Ameresco to a “sell” rating in a research report on Tuesday, November 12th. Finally, Stifel Nicolaus lifted their target price on Ameresco from $32.00 to $34.00 and gave the stock a “buy” rating in a report on Monday, November 11th. One research analyst has rated the stock with a sell rating, three have given a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, Ameresco presently has a consensus rating of “Moderate Buy” and an average price target of $36.22.

Insider Activity

In other Ameresco news, Director Jennifer L. Miller sold 40,000 shares of the firm’s stock in a transaction that occurred on Monday, February 3rd. The shares were sold at an average price of $21.06, for a total value of $842,400.00. Following the transaction, the director now directly owns 17,225 shares of the company’s stock, valued at $362,758.50. This trade represents a 69.90 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 42.00% of the company’s stock.

Ameresco Company Profile

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.