Stock Price
P/E Ratio
Volume Traded Today
Dividend
52 Week High/low
Ameresco Inc Market Cap
Based on ratings from 14 stock analysts, the Ameresco Inc stock price is expected to increase by 41.2% in 12 months. This is calculated by using the average 12-month stock price forecast for Ameresco Inc. The lowest target is $28 and the highest is $43. Please note analyst price targets are not guaranteed and could be missed completely.
About 14 Wall Street analysts have assignedAMRC 10 buy ratings, 4 hold ratings, and 0 sell ratings. This means that analysts expect Ameresco Inc to buy. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on AMRC. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of AMRC.
|
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
|---|---|---|---|---|
| Stephen Gengaro Stifel | Buy | $34 | Maintains | Nov 11, 2024 |
| Kashy Harrison Piper Sandler | Overweight | $38 | Maintains | Oct 22, 2024 |
| Ben Kallo Baird | Outperform | $42 | Maintains | Sep 23, 2024 |
| William Grippin UBS | Buy | $40 | Maintains | Sep 5, 2024 |
| Julien Dumoulin-Smith Jefferies | Hold | $33 | Initiates | Sep 4, 2024 |
| Ben Kallo Baird | Outperform | $32 | Maintains | Aug 27, 2024 |
| Kashy Harrison Piper Sandler | Overweight | $35 | Maintains | Aug 6, 2024 |
| Kashy Harrison Piper Sandler | Overweight | $37 | Maintains | Jul 22, 2024 |
| William Grippin UBS | Buy | $39 | Maintains | May 14, 2024 |
| Stephen Gengaro Stifel | Buy | $32 | Maintains | May 9, 2024 |
| Ben Kallo Baird | Outperform | $32 | Maintains | May 9, 2024 |
| Christopher Souther Truist Securities | Buy | $37 | Maintains | Apr 22, 2024 |
| Noah Kaye Oppenheimer | Perform | Maintains | Apr 17, 2024 | |
| Kashy Harrison Piper Sandler | Overweight | $30 | Maintains | Apr 11, 2024 |
| Pavel Molchanov Raymond James | Outperform | $35 | Maintains | Apr 3, 2024 |
| Moses Sutton Exane BNP Paribas | Outperform | Upgrade | Mar 12, 2024 | |
| Kashy Harrison Piper Sandler | Overweight | $32 | Maintains | Mar 5, 2024 |
| George Gianarikas Canaccord Genuity | Buy | $36 | Maintains | Feb 29, 2024 |
| Christopher Souther B. Riley Securities | Buy | $40 | Maintains | Feb 5, 2024 |
| Julien Dumoulin-Smith B of A Securities | Neutral | $37 | Downgrade | Dec 15, 2023 |
When did it IPO
2010
Staff Count
1,500
Country
United States
Sector/Industry
Industrials/Engineering & Construction
CEO
Mr. George P. Sakellaris P.E.
Market Cap
$1.39B
In 2023, AMRC generated $1.37B in revenue, which was a decrease of -24.65% from the previous year. This can be seen as a signal that AMRC's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Mon, 09 Dec 2024
Sentiment - NEUTRAL
Source - Business Wire
Summary - ComEd launched its 160th community solar project in Belvidere, Illinois, on a former landfill, benefiting county government and local businesses.
Why It Matters - The launch of this community solar project highlights growth in renewable energy initiatives, potentially boosting local economies and attracting investors interested in sustainable projects.
Mon, 09 Dec 2024
Sentiment - NEUTRAL
Source - Business Wire
Summary - Ameresco, Inc. and Republic Services have launched a joint venture that has begun commercial operations at a landfill gas to renewable natural gas plant in Edwardsville, Illinois.
Why It Matters - The launch of the joint venture between Ameresco and Republic Services marks a significant advancement in renewable energy, potentially increasing their market share and enhancing long-term growth prospects.
Thu, 14 Nov 2024
Sentiment - NEUTRAL
Source - Business Wire
Summary - Ameresco, Inc. (NYSE: AMRC) is partnering with UCI Health to install solar PV arrays at a new zero-emission medical campus, set to enhance energy efficiency ahead of the hospital's 2025 opening.
Why It Matters - The collaboration enhances Ameresco's portfolio in renewable energy, signaling growth potential and commitment to sustainability, which could attract environmentally-focused investors.
Thu, 07 Nov 2024
Sentiment - NEUTRAL
Source - Seeking Alpha
Summary - Ameresco, Inc. (NYSE:AMRC) will host its Q3 2024 earnings conference call on November 7, 2024, at 4:30 PM ET, featuring key executives and analysts from various firms.
Why It Matters - The upcoming Q3 earnings call for Ameresco, Inc. will provide insights into the company's financial performance and strategic direction, influencing investor sentiment and stock valuation.
Thu, 07 Nov 2024
Sentiment - NEUTRAL
Source - Business Wire
Summary - Ameresco, Inc. (NYSE:AMRC) reported its financial results for Q3 2024, with supplemental Non-GAAP measures available on its website.
Why It Matters - Ameresco's financial results and supplemental Non-GAAP measures provide insights into its performance, impacting investor sentiment and potential stock valuation in the renewable energy sector.
Thu, 07 Nov 2024
Sentiment - NEGATIVE
Source - Zacks Investment Research
Summary - Ameresco (AMRC) reported Q3 earnings of $0.32 per share, below the Zacks Consensus Estimate of $0.51, and down from $0.40 per share in the same quarter last year.
Why It Matters - Ameresco's earnings miss signals potential operational or market challenges, which may lead to decreased investor confidence and affect stock performance.
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