Joseph Sutton Purchases 9,700 Shares of Ameresco (NYSE:AMRC) Stock

Ameresco, Inc. (NYSE:AMRCGet Free Report) Director Joseph Sutton acquired 9,700 shares of Ameresco stock in a transaction that occurred on Monday, August 24th. The stock was bought at an average price of $20.87 per share, with a total value of $202,439.00. Following the purchase, the director directly owned 80,246 shares of the company’s stock, valued at approximately $1,674,734.02. This trade represents a 13.75% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which can be accessed through this link.

Ameresco Stock Up 3.6%

AMRC stock opened at $22.97 on Friday. The company has a current ratio of 1.67, a quick ratio of 1.66 and a debt-to-equity ratio of 1.33. The company’s 50-day moving average price is $24.73 and its 200 day moving average price is $27.54. Ameresco, Inc. has a 52 week low of $18.38 and a 52 week high of $44.93. The company has a market cap of $1.22 billion, a P/E ratio of 44.17, a P/E/G ratio of 1.62 and a beta of 2.62.

Ameresco (NYSE:AMRCGet Free Report) last issued its earnings results on Monday, August 3rd. The utilities provider reported $0.20 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.20. The company had revenue of $515.46 million during the quarter, compared to analysts’ expectations of $465.18 million. Ameresco had a net margin of 1.40% and a return on equity of 2.82%. The firm’s quarterly revenue was up 9.1% compared to the same quarter last year. During the same period last year, the company posted $0.27 earnings per share. Ameresco has set its FY 2026 guidance at 1.150-1.350 EPS. On average, research analysts expect that Ameresco, Inc. will post 1.24 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

AMRC has been the topic of several research reports. Wall Street Zen raised Ameresco from a “sell” rating to a “hold” rating in a report on Saturday, August 8th. Oppenheimer reaffirmed a “market perform” rating on shares of Ameresco in a research note on Tuesday, August 4th. Guggenheim started coverage on shares of Ameresco in a research report on Friday, May 22nd. They issued a “neutral” rating on the stock. Weiss Ratings raised shares of Ameresco from a “sell (d)” rating to a “sell (d+)” rating in a research note on Wednesday, August 5th. Finally, Cantor Fitzgerald dropped their target price on shares of Ameresco from $44.00 to $36.00 and set an “overweight” rating for the company in a report on Thursday. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $41.89.

Check Out Our Latest Stock Analysis on Ameresco

Trending Headlines about Ameresco

Here are the key news stories impacting Ameresco this week:

  • Positive Sentiment: Insiders purchased approximately $449,000 of Ameresco stock in recent transactions. CEO George Sakellaris bought 5,000 shares, while directors Joseph Sutton, Jennifer Miller and Brian Cox acquired 9,700, 2,000 and 4,625 shares, respectively. The buying may signal that company leaders view the recent weakness as an attractive entry point. Ameresco insider buying report
  • Positive Sentiment: Cantor Fitzgerald lowered its Ameresco price target from $44 to $36 but maintained an “overweight” rating. Despite the reduction, the new target implies significant potential upside and suggests the analyst remains constructive on the company’s long-term prospects. Cantor Fitzgerald Ameresco price target report
  • Positive Sentiment: The latest quarter delivered revenue of $515.5 million, ahead of the $465.2 million consensus estimate, with revenue growth of 9.1% year over year. EPS of $0.20 met expectations, and fiscal 2026 EPS guidance remains $1.15 to $1.35.
  • Neutral Sentiment: Analysts overall maintain a “Moderate Buy” consensus rating, but price targets have varied widely, reflecting uncertainty about Ameresco’s growth outlook and broader weakness affecting the shares.
  • Negative Sentiment: EPS declined from $0.27 in the year-ago quarter to $0.20, while net margin was just 1.40%. The stock also remains below its 50-day and 200-day moving averages, indicating ongoing technical weakness.
  • Negative Sentiment: Ameresco trades at a relatively elevated earnings multiple and carries debt equal to 1.33 times equity, factors that could limit gains if earnings growth slows.

Hedge Funds Weigh In On Ameresco

Several hedge funds have recently bought and sold shares of the stock. State of Wyoming purchased a new stake in shares of Ameresco in the fourth quarter valued at $27,000. Caitong International Asset Management Co. Ltd purchased a new stake in Ameresco during the 4th quarter worth about $48,000. Fifth Third Bancorp acquired a new position in Ameresco in the 1st quarter valued at about $44,000. Summit Securities Group LLC acquired a new position in Ameresco in the 4th quarter valued at about $55,000. Finally, Kemnay Advisory Services Inc. purchased a new position in Ameresco in the 4th quarter valued at about $69,000. Hedge funds and other institutional investors own 99.24% of the company’s stock.

Ameresco Company Profile

(Get Free Report)

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.

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