Ameresco (NYSE:AMRC – Get Free Report) updated its FY 2025 earnings guidance on Thursday. The company provided EPS guidance of 0.700-0.900 for the period, compared to the consensus EPS estimate of 1.710. The company issued revenue guidance of $1.9 billion-$2.0 billion, compared to the consensus revenue estimate of $1.9 billion.
Wall Street Analyst Weigh In
AMRC has been the topic of a number of research reports. Canaccord Genuity Group cut their price objective on shares of Ameresco from $36.00 to $27.00 and set a “buy” rating on the stock in a research note on Friday. StockNews.com raised Ameresco to a “sell” rating in a research report on Tuesday, November 12th. UBS Group reduced their price objective on Ameresco from $40.00 to $37.00 and set a “buy” rating for the company in a research note on Wednesday. Robert W. Baird lowered their target price on Ameresco from $42.00 to $25.00 and set an “outperform” rating on the stock in a research note on Friday. Finally, Stifel Nicolaus boosted their price target on Ameresco from $32.00 to $34.00 and gave the company a “buy” rating in a report on Monday, November 11th. One research analyst has rated the stock with a sell rating, two have given a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $33.33.
Check Out Our Latest Research Report on Ameresco
Ameresco Price Performance
Ameresco (NYSE:AMRC – Get Free Report) last posted its quarterly earnings data on Thursday, February 27th. The utilities provider reported $0.88 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.76 by $0.12. Ameresco had a return on equity of 5.68% and a net margin of 3.18%. The company had revenue of $532.67 million for the quarter, compared to analysts’ expectations of $524.31 million. On average, research analysts expect that Ameresco will post 1.15 earnings per share for the current year.
Insider Buying and Selling
In other Ameresco news, Director Jennifer L. Miller sold 40,000 shares of the stock in a transaction dated Monday, February 3rd. The shares were sold at an average price of $21.06, for a total value of $842,400.00. Following the completion of the sale, the director now owns 17,225 shares in the company, valued at approximately $362,758.50. This represents a 69.90 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 42.00% of the stock is owned by company insiders.
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.
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