Ameresco (NYSE:AMRC) Director Sells $46,070.00 in Stock

Ameresco, Inc. (NYSE:AMRC) Director Nickolas Stavropoulos sold 1,355 shares of Ameresco stock in a transaction dated Friday, May 15th. The stock was sold at an average price of $34.00, for a total value of $46,070.00. Following the completion of the transaction, the director owned 14,111 shares in the company, valued at $479,774. The trade was a 8.76% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Nickolas Stavropoulos also recently made the following trade(s):

• On Thursday, February 19th, Nickolas Stavropoulos sold 400 shares of Ameresco stock. The stock was sold at an average price of $34.00, for a total value of $13,600.00.
• On Friday, February 20th, Nickolas Stavropoulos sold 15,700 shares of Ameresco stock. The stock was sold at an average price of $34.15, for a total value of $536,155.00.

Ameresco Stock Performance

Shares of Ameresco stock traded down $2.01 during trading on Tuesday, reaching $29.01. The company’s stock had a trading volume of 925,437 shares, compared to its average volume of 569,596. The company has a debt-to-equity ratio of 1.64, a quick ratio of 1.48 and a current ratio of 1.49. The business’s fifty day moving average price is $27.26 and its 200-day moving average price is $30.36. The firm has a market cap of $1.54 billion, a price-to-earnings ratio of 50.01, a price-to-earnings-growth ratio of 2.58 and a beta of 2.55. Ameresco, Inc. has a one year low of $12.95 and a one year high of $44.93.

Ameresco (NYSE:AMRC) last posted its quarterly earnings data on Monday, May 4th. The utilities provider reported ($0.33) 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 during the quarter, compared to the consensus estimate of $362.92 million. During the same quarter in the previous year, the firm posted ($0.11) earnings per share. The company’s revenue for the quarter was up 13.8% on a year-over-year basis. Ameresco has set its FY 2026 guidance at 1.060-1.280 EPS. As a group, equities research analysts predict that Ameresco, Inc. will post 1.09 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the company. Robert W. Baird lowered their price target on Ameresco from $44.00 to $36.00 and set an “outperform” rating on the stock in a research note on Tuesday, May 5th. Stifel Nicolaus restated a “buy” rating and set a $38.00 price target (up from $37.00) on shares of Ameresco in a research note on Wednesday, March 11th. Zacks Research lowered Ameresco from a “hold” rating to a “strong sell” rating in a research note on Monday, May 4th. UBS Group lowered their price target on Ameresco from $40.00 to $28.00 and set a “neutral” rating on the stock in a research note on Friday, March 13th. Finally, Canaccord Genuity Group boosted their price target on Ameresco from $50.00 to $59.00 and gave the company a “buy” rating in a research note on Wednesday, May 6th. Seven analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, Ameresco presently has a consensus rating of “Hold” and an average target price of $42.56.

Institutional Investors Weigh In On Ameresco

Institutional investors have recently added to or reduced their stakes in the stock. Universal Beteiligungs und Servicegesellschaft mbH boosted its holdings in Ameresco by 318.2% during the third quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 107,788 shares of the utilities provider’s stock valued at $3,620,000 after purchasing an additional 82,015 shares in the last quarter. Royce & Associates LP boosted its holdings in Ameresco by 197.6% during the third quarter. Royce & Associates LP now owns 964,010 shares of the utilities provider’s stock valued at $32,371,000 after purchasing an additional 640,106 shares in the last quarter. Erste Asset Management GmbH boosted its holdings in Ameresco by 41.2% during the third quarter. Erste Asset Management GmbH now owns 154,019 shares of the utilities provider’s stock valued at $5,261,000 after purchasing an additional 44,949 shares in the last quarter. Swedbank AB boosted its holdings in Ameresco by 219.0% during the fourth quarter. Swedbank AB now owns 370,000 shares of the utilities provider’s stock valued at $10,837,000 after purchasing an additional 254,000 shares in the last quarter. Finally, Portolan Capital Management LLC acquired a new stake in Ameresco during the third quarter valued at approximately $5,873,000. 99.24% of the stock is owned by institutional investors and hedge funds.

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.