Ameresco (NYSE:AMRC) CEO George Sakellaris Buys 5,000 Shares of Stock

Ameresco, Inc. (NYSE:AMRC) CEO George Sakellaris bought 5,000 shares of Ameresco stock in a transaction dated Friday, August 7th. The shares were bought at an average cost of $25.95 per share, with a total value of $129,750.00. Following the completion of the transaction, the chief executive officer directly owned 993,597 shares in the company, valued at approximately $25,783,842.15. This trade represents a 0.51% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink.

Ameresco Trading Up 2.9%

Shares of AMRC stock opened at $26.00 on Wednesday. The company has a quick ratio of 1.66, a current ratio of 1.67 and a debt-to-equity ratio of 1.33. The firm has a market cap of $1.38 billion, a P/E ratio of 50.01, a PEG ratio of 1.85 and a beta of 2.62. The company has a 50 day moving average of $25.68 and a 200-day moving average of $28.12. Ameresco, Inc. has a 12-month low of $18.38 and a 12-month high of $44.93.

Ameresco (NYSE:AMRC) last issued its quarterly earnings results on Monday, August 3rd. The utilities provider reported $0.20 EPS for the quarter, meeting analysts’ consensus estimates of $0.20. Ameresco had a return on equity of 2.82% and a net margin of 1.40%.The firm had revenue of $515.46 million for the quarter, compared to analysts’ expectations of $465.18 million. During the same quarter in the prior year, the firm earned $0.27 EPS. The business’s revenue for the quarter was up 9.1% compared to the same quarter last year. Ameresco has set its FY 2026 guidance at 1.150-1.350 EPS. Sell-side analysts anticipate that Ameresco, Inc. will post 1.24 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on AMRC. Wall Street Zen upgraded shares of Ameresco from a “sell” rating to a “hold” rating in a research report on Saturday. Weiss Ratings raised shares of Ameresco from a “sell (d)” rating to a “sell (d+)” rating in a research report on Wednesday, August 5th. Oppenheimer restated a “market perform” rating on shares of Ameresco in a research note on Tuesday, August 4th. Guggenheim initiated coverage on shares of Ameresco in a report on Friday, May 22nd. They issued a “neutral” rating for the company. Finally, BNP Paribas Exane upgraded shares of Ameresco from a “neutral” rating to an “outperform” rating and lifted their price objective for the company from $34.00 to $40.00 in a research note on Tuesday, August 4th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $43.33.

Institutional Inflows and Outflows

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

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.