Ameresco (NYSE:AMRC – Get Free Report) updated its FY 2026 earnings guidance on Monday. The company provided earnings per share guidance of 1.060-1.280 for the period, compared to the consensus earnings per share estimate of 1.150. The company issued revenue guidance of $2.0 billion-$2.2 billion, compared to the consensus revenue estimate of $2.1 billion.
Wall Street Analyst Weigh In
A number of research analysts have recently issued reports on the stock. Stifel Nicolaus restated a “buy” rating and issued a $38.00 price target (up from $37.00) on shares of Ameresco in a research report on Wednesday, March 11th. Canaccord Genuity Group raised their price target on shares of Ameresco from $44.00 to $50.00 and gave the stock a “buy” rating in a research report on Tuesday, March 3rd. UBS Group reduced their price target on shares of Ameresco from $40.00 to $28.00 and set a “neutral” rating on the stock in a research report on Friday, March 13th. B. Riley Financial raised their price target on shares of Ameresco from $45.00 to $47.00 and gave the stock a “buy” rating in a research report on Wednesday, March 4th. Finally, Weiss Ratings downgraded shares of Ameresco from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Thursday, March 5th. Eight investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $39.00.
Read Our Latest Analysis on AMRC
Ameresco Stock Performance
Ameresco (NYSE:AMRC – Get Free Report) last released its quarterly earnings data on Monday, May 4th. The utilities provider reported ($0.33) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.27) by ($0.06). Ameresco had a return on equity of 4.49% and a net margin of 2.29%.The firm had revenue of $401.46 million during the quarter, compared to analyst estimates of $362.92 million. Ameresco has set its FY 2026 guidance at 1.060-1.280 EPS. As a group, equities analysts forecast that Ameresco will post 1.1 earnings per share for the current year.
Insider Buying and Selling at Ameresco
In related news, Director Nickolas Stavropoulos sold 15,700 shares of the stock in a transaction dated Friday, February 20th. The shares were sold at an average price of $34.15, for a total value of $536,155.00. Following the sale, the director owned 14,111 shares of the company’s stock, valued at $481,890.65. This trade represents a 52.67% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Over the last 90 days, insiders have sold 16,920 shares of company stock valued at $574,440. 44.96% of the stock is owned by company insiders.
Hedge Funds Weigh In On Ameresco
Several large investors have recently bought and sold shares of the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Ameresco by 2.4% during the 3rd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 34,501 shares of the utilities provider’s stock valued at $1,159,000 after buying an additional 799 shares during the period. State of Wyoming acquired a new position in Ameresco during the 4th quarter valued at about $27,000. Swiss National Bank increased its stake in Ameresco by 1.6% during the 3rd quarter. Swiss National Bank now owns 63,800 shares of the utilities provider’s stock valued at $2,142,000 after buying an additional 1,000 shares during the period. Creative Planning increased its stake in Ameresco by 10.7% during the 3rd quarter. Creative Planning now owns 11,115 shares of the utilities provider’s stock valued at $373,000 after buying an additional 1,070 shares during the period. Finally, Amundi increased its stake in Ameresco by 2.8% during the 4th quarter. Amundi now owns 51,576 shares of the utilities provider’s stock valued at $1,511,000 after buying an additional 1,413 shares during the period. Institutional investors and hedge funds own 99.24% of the company’s stock.
Ameresco Company Profile
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.
Further Reading
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