Ameresco (NYSE:AMRC) Stock, Quote.Headers.trade-ideas

Ameresco

Ameresco Inc provides energy efficiency solutions for facilities in North America and Europe. It focuses on projects that reduce energy, also focuses on the operations and maintenance costs of governmental, educational, utility, healthcare, and other institutional, commercial, and industrial entities facilities. Ameresco distributes solar energy products and systems, such as PV panels, solar regulators, solar charge controllers, inverters, solar-powered lighting systems, solar-powered water pumps, solar panel mounting hardware, and other system components. The company's segment includes U.S. Regions; U.S. Federal; Canada; Alternative Fuels; Non-Solar DG and All Other. It derives a majority of revenue from the U.S. Regions segment.

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If you’ve ever been driving across the country, you may have come across some remote industrial applications like a grey box with a panel on the side of a freeway. These remote industrial applications are often crucial to safety as they can be instrumental for street lights, remote charging applications or phones for emergencies.

Dragonfly Energy Is Expanding Into Remote Industrial Applications With Its Patented And Trusted Products

Ameresco Inc

In the preceding three months, 6 analysts have released ratings for Ameresco (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMRC#NYSE">AMRC</a>), presenting a wide array of perspectives from bullish to bearish.
Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
In the assessment of 12-month price targets, analysts unveil insights for Ameresco, presenting an average target of $36.5, a high estimate of $42.00, and a low estimate of $32.00. Witnessing a positive shift, the current average has risen by 7.35% from the previous average price target of $34.00.
<img src="https://www.benzinga.com/files/images/story/2024/1727092880_0.png" alt="price target chart" />
<h2>Interpreting Analyst Ratings: A Closer Look</h2>
The standing of Ameresco among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Ben Kallo</td>
<td>Baird</td>
<td>Raises</td>
<td>Outperform</td>
<td>$42.00</td>
<td>$32.00</td>
</tr>
<tr>
<td>William Grippin</td>
<td>UBS</td>
<td>Raises</td>
<td>Buy</td>
<td>$40.00</td>
<td>$39.00</td>
</tr>
<tr>
<td>Julien Dumoulin-Smith</td>
<td>Jefferies</td>
<td>Announces</td>
<td>Hold</td>
<td>$33.00</td>
<td>-</td>
</tr>
<tr>
<td>Ben Kallo</td>
<td>Baird</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$32.00</td>
<td>$32.00</td>
</tr>
<tr>
<td>Kashy Harrison</td>
<td>Piper Sandler</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$35.00</td>
<td>$37.00</td>
</tr>
<tr>
<td>Kashy Harrison</td>
<td>Piper Sandler</td>
<td>Raises</td>
<td>Overweight</td>
<td>$37.00</td>
<td>$30.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Ameresco. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Offering a comprehensive view, analysts assess stocks qualitatively, spanning from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Ameresco compared to the broader market.</li>
<li>Price Targets: Analysts gauge the dynamics of price targets, providing estimates for the future value of Ameresco's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of Ameresco's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.
<a href="https://www.benzinga.com/quote/AMRC/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Ameresco analyst ratings.</a>
If you are interested in following small-cap stock news and performance <a href="https://www.benzinga.com/news/small-cap">you can start by tracking it here</a>.
<h2>About Ameresco</h2>
Ameresco Inc provides energy efficiency solutions for facilities in North America and Europe. It focuses on projects that reduce energy, also focuses on the operations and maintenance costs of governmental, educational, utility, healthcare, and other institutional, commercial, and industrial entities facilities. Ameresco distributes solar energy products and systems, such as PV panels, solar regulators, solar charge controllers, inverters, solar-powered lighting systems, solar-powered water pumps, solar panel mounting hardware, and other system components. The company's segment includes U.S. Regions; U.S. Federal; Canada; Alternative Fuels; Non-Solar DG and All Other. It derives a majority of revenue from the U.S. Regions segment.
<h3>Ameresco's Economic Impact: An Analysis</h3>
Market Capitalization Analysis: The company's market capitalization is below the industry average, suggesting that it is relatively smaller compared to peers. This could be due to various factors, including perceived growth potential or operational scale.
Revenue Growth: Over the 3 months period, Ameresco showcased positive performance, achieving a revenue growth rate of 33.91% as of 30 June, 2024. This reflects a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Industrials sector.
Net Margin: Ameresco's net margin lags behind industry averages, suggesting challenges in maintaining strong profitability. With a net margin of 1.14%, the company may face hurdles in effective cost management.
Return on Equity (ROE): Ameresco's ROE falls below industry averages, indicating challenges in efficiently using equity capital. With an ROE of 0.55%, the company may face hurdles in generating optimal returns for shareholders.
Return on Assets (ROA): Ameresco's ROA is below industry standards, pointing towards difficulties in efficiently utilizing assets. With an ROA of 0.13%, the company may encounter challenges in delivering satisfactory returns from its assets.
Debt Management: Ameresco's debt-to-equity ratio surpasses industry norms, standing at 1.82. This suggests the company carries a substantial amount of debt, posing potential financial challenges.
<h2>How Are Analyst Ratings Determined?</h2>
Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter. 
In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.

Analyst Ratings

Evaluating Ameresco: Insights From 6 Financial Analysts

Baird analyst Ben Kallo maintains Ameresco (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMRC#NYSE">AMRC</a>) with a Outperform and raises the price target from $32 to $42.

Price Target

Baird Maintains Outperform on Ameresco, Raises Price Target to $42

Honored in the "Sustainability in Lighting" category for its significant contributions to energy efficiency, public safety, and environmental sustainability
<a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fameresco.com%2F&amp;esheet=54120209&amp;newsitemid=20240911019621&amp;lan=en-US&amp;anchor=Ameresco%2C+Inc.&amp;index=1&amp;md5=757df1d1b151cbaba6658d459e712512">Ameresco, Inc.</a>, (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMRC#NYSE">AMRC</a>), a leading cleantech integrator specializing in energy efficiency and renewable energy, today announced that its LED Streetlighting, Controls, and Networking Project with the City of Memphis has been recognized by the U.S. Department of Energy (DOE) as part of the 2024 Integrated Lighting Campaign (ILC). The project, which involved the conversion of over 77,000 streetlights to advanced LED fixtures, has been honored in the "Sustainability in Lighting" category for its significant contributions to energy efficiency, public safety, and environmental sustainability.

Ameresco's Memphis LED Streetlighting Project Completed At A Cost Of $47M Receives Recognition From U.S. DOE's 2024 Integrated Lighting Campaign

WIIM

Ameresco shares are trading higher after UBS raised its price target on the stock from $39 to $40.

UBS analyst William Grippin maintains Ameresco (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMRC#NYSE">AMRC</a>) with a Buy and raises the price target from $39 to $40.

UBS Maintains Buy on Ameresco, Raises Price Target to $40

In the last three months, 4 analysts have published ratings on Ameresco (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMRC#NYSE">AMRC</a>), offering a diverse range of perspectives from bullish to bearish.
The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $34.25, a high estimate of $37.00, and a low estimate of $32.00. This current average has increased by 3.79% from the previous average price target of $33.00. 
<img src="https://www.benzinga.com/files/images/story/2024/1725483671_0.png" alt="price target chart" />
<h2>Decoding Analyst Ratings: A Detailed Look</h2>
The standing of Ameresco among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Julien Dumoulin-Smith</td>
<td>Jefferies</td>
<td>Announces</td>
<td>Hold</td>
<td>$33.00</td>
<td>-</td>
</tr>
<tr>
<td>Ben Kallo</td>
<td>Baird</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$32.00</td>
<td>$32.00</td>
</tr>
<tr>
<td>Kashy Harrison</td>
<td>Piper Sandler</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$35.00</td>
<td>$37.00</td>
</tr>
<tr>
<td>Kashy Harrison</td>
<td>Piper Sandler</td>
<td>Raises</td>
<td>Overweight</td>
<td>$37.00</td>
<td>$30.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Ameresco. This insight gives a snapshot of analysts' perspectives on the current state of the company.</li>
<li>Rating: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Ameresco compared to the broader market.</li>
<li>Price Targets: Analysts explore the dynamics of price targets, providing estimates for the future value of Ameresco's stock. This examination reveals shifts in analysts' expectations over time.</li>
</ul>
Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Ameresco's market position. Stay informed and make well-informed decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/AMRC/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Ameresco analyst ratings.</a>
If you are interested in following small-cap stock news and performance <a href="https://www.benzinga.com/news/small-cap">you can start by tracking it here</a>.
<h2>Get to Know Ameresco Better</h2>
Ameresco Inc provides energy efficiency solutions for facilities in North America and Europe. It focuses on projects that reduce energy, also focuses on the operations and maintenance costs of governmental, educational, utility, healthcare, and other institutional, commercial, and industrial entities facilities. Ameresco distributes solar energy products and systems, such as PV panels, solar regulators, solar charge controllers, inverters, solar-powered lighting systems, solar-powered water pumps, solar panel mounting hardware, and other system components. The company's segment includes U.S. Regions; U.S. Federal; Canada; Alternative Fuels; Non-Solar DG and All Other. It derives a majority of revenue from the U.S. Regions segment.
<h3>Ameresco: Financial Performance Dissected</h3>
Market Capitalization Analysis: Positioned below industry benchmarks, the company's market capitalization faces constraints in size. This could be influenced by factors such as growth expectations or operational capacity.
Revenue Growth: Ameresco displayed positive results in 3 months. As of 30 June, 2024, the company achieved a solid revenue growth rate of approximately 33.91%. This indicates a notable increase in the company's top-line earnings. When compared to others in the Industrials sector, the company excelled with a growth rate higher than the average among peers.
Net Margin: Ameresco's net margin is below industry standards, pointing towards difficulties in achieving strong profitability. With a net margin of 1.14%, the company may encounter challenges in effective cost control.
Return on Equity (ROE): Ameresco's ROE is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of 0.55%, the company may encounter challenges in delivering satisfactory returns for shareholders.
Return on Assets (ROA): The company's ROA is below industry benchmarks, signaling potential difficulties in efficiently utilizing assets. With an ROA of 0.13%, the company may need to address challenges in generating satisfactory returns from its assets.
Debt Management: With a high debt-to-equity ratio of 1.82, Ameresco faces challenges in effectively managing its debt levels, indicating potential financial strain.
<h2>Analyst Ratings: Simplified</h2>
Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

A Glimpse Into The Expert Outlook On Ameresco Through 4 Analysts

Jefferies analyst Julien Dumoulin-Smith initiates coverage on Ameresco (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMRC#NYSE">AMRC</a>) with a Hold rating and announces Price Target of $33.

Initiation

Jefferies Initiates Coverage On Ameresco with Hold Rating, Announces Price Target of $33

A substantial insider activity was disclosed on September 3, as Chiplock, EVP at Ameresco (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMRC#NYSE">AMRC</a>), reported the exercise of a large sell of company stock options.
What Happened: A Form 4 filing from the <a href="https://www.sec.gov/Archives/edgar/data/0001488139/000148813924000149//Archives/edgar/data/1488139/000148813924000149/0001488139-24-000149-index.htm">U.S. Securities and Exchange Commission</a> on Tuesday showed that Chiplock, EVP at Ameresco, a company in the Industrials sector, just exercised stock options worth 0 shares of AMRC stock with an exercise price of $0.0.
As of Wednesday morning, Ameresco shares are down by 0.47%, with a current price of $29.38. This implies that Chiplock's 0 shares have a value of $0.
<h3>About Ameresco</h3>
Ameresco Inc provides energy efficiency solutions for facilities in North America and Europe. It focuses on projects that reduce energy, also focuses on the operations and maintenance costs of governmental, educational, utility, healthcare, and other institutional, commercial, and industrial entities facilities. Ameresco distributes solar energy products and systems, such as PV panels, solar regulators, solar charge controllers, inverters, solar-powered lighting systems, solar-powered water pumps, solar panel mounting hardware, and other system components. The company's segment includes U.S. Regions; U.S. Federal; Canada; Alternative Fuels; Non-Solar DG and All Other. It derives a majority of revenue from the U.S. Regions segment.
<h3>A Deep Dive into Ameresco's Financials</h3>
Revenue Growth: Ameresco's remarkable performance in 3 months is evident. As of 30 June, 2024, the company achieved an impressive revenue growth rate of 33.91%. This signifies a substantial increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Industrials sector.
Profitability Metrics: Unlocking Value
<ul>
<li>
Gross Margin: The company shows a low gross margin of 14.88%, suggesting potential challenges in cost control and profitability compared to its peers.
</li>
<li>
Earnings per Share (EPS): Ameresco's EPS is below the industry average, signaling challenges in bottom-line performance with a current EPS of 0.1.
</li>
</ul>
Debt Management: Ameresco's debt-to-equity ratio stands notably higher than the industry average, reaching 1.82. This indicates a heavier reliance on borrowed funds, raising concerns about financial leverage.
Insights into Valuation Metrics:
<ul>
<li>
Price to Earnings (P/E) Ratio: With a lower-than-average P/E ratio of 27.59, the stock indicates an attractive valuation, potentially presenting a buying opportunity.
</li>
<li>
Price to Sales (P/S) Ratio: The current P/S ratio of 1.04 is below industry norms, suggesting potential undervaluation and presenting an investment opportunity for those considering sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): Boasting an EV/EBITDA ratio of 19.43, Ameresco demonstrates a robust market valuation, outperforming industry benchmarks.
</li>
</ul>
Market Capitalization Analysis: Below industry benchmarks, the company's market capitalization reflects a smaller scale relative to peers. This could be attributed to factors such as growth expectations or operational capacity.
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<h3>The Impact of Insider Transactions on Investments</h3>
While insider transactions should not be the sole basis for making investment decisions, they can play a significant role in an investor's decision-making process.
When discussing legal matters, the term "insider" refers to any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, as stipulated in Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and significant hedge funds. Such insiders are required to report their transactions through a Form 4 filing, which must be completed within two business days of the transaction.
A new purchase by a company insider is a indication that they anticipate the stock will rise.
On the other hand, insider sells may not necessarily indicate a bearish view and can be motivated by various factors.
<h3>Essential Transaction Codes Unveiled</h3>
Digging into the details of stock transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> frequently turn their attention to those taking place in the open market, as outlined in Table I of the Form 4 filing. A P in Box 3 indicates a purchase, while S signifies a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0001488139">Check Out The Full List Of Ameresco's Insider Trades.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Insider Trades

Trading Ideas

Mark Chiplock Decides To Exercise Options At Ameresco

Ameresco Sunel Energy SA Announces Successful Commercial Operation Of 100 MWp Delfini Solar Project In Greece, Marking The First Greek Solar Project With Private Power Purchase Agreement Without Government Subsidies

SCE will pay approximately&nbsp;$110 million&nbsp;within seven days for the milestone completion, reflecting a set-off of liquidated damages which are still in dispute and additional work costs. Final acceptance payments will follow upon project completion. The third project is expected to reach substantial completion in&nbsp;Q4&nbsp;2024.

Ameresco And Southern California Edison Finalize Substantial Completion Of Two Major Battery Energy Projects, $110M Payment Agreed

Baird analyst Ben Kallo maintains Ameresco (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMRC#NYSE">AMRC</a>) with a Outperform and maintains $32 price target.

Baird Maintains Outperform on Ameresco, Maintains $32 Price Target

In a new SEC filing on August 14, it was revealed that Hole, EVP and CFO at Ameresco (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMRC#NYSE">AMRC</a>), executed a significant exercise of company stock options.
What Happened: A notable Form 4 filing on Wednesday with the <a href="https://www.sec.gov/Archives/edgar/data/0001488139/000148813924000143//Archives/edgar/data/1488139/000148813924000143/0001488139-24-000143-index.htm">U.S. Securities and Exchange Commission</a> revealed that Hole, EVP and CFO at Ameresco, exercised stock options for 5,000 shares of AMRC, resulting in a transaction value of $64,300.
Ameresco shares are currently trading down by 0.0%, with a current price of $27.1 as of Thursday morning. This brings the total value of Hole's 5,000 shares to $64,300.
<h3>About Ameresco</h3>
Ameresco Inc provides energy efficiency solutions for facilities in North America and Europe. It focuses on projects that reduce energy, also focuses on the operations and maintenance costs of governmental, educational, utility, healthcare, and other institutional, commercial, and industrial entities facilities. Ameresco distributes solar energy products and systems, such as PV panels, solar regulators, solar charge controllers, inverters, solar-powered lighting systems, solar-powered water pumps, solar panel mounting hardware, and other system components. The company's segment includes U.S. Regions; U.S. Federal; Canada; Alternative Fuels; Non-Solar DG and All Other. It derives a majority of revenue from the U.S. Regions segment.
<h3>Unraveling the Financial Story of Ameresco</h3>
Revenue Growth: Ameresco's remarkable performance in 3 months is evident. As of 30 June, 2024, the company achieved an impressive revenue growth rate of 33.91%. This signifies a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Industrials sector.
Insights into Profitability:
<ul>
<li>
Gross Margin: The company shows a low gross margin of 14.88%, suggesting potential challenges in cost control and profitability compared to its peers.
</li>
<li>
Earnings per Share (EPS): With an EPS below industry norms, Ameresco exhibits below-average bottom-line performance with a current EPS of 0.1.
</li>
</ul>
Debt Management: Ameresco's debt-to-equity ratio surpasses industry norms, standing at 1.82. This suggests the company carries a substantial amount of debt, posing potential financial challenges.
Financial Valuation:
<ul>
<li>
Price to Earnings (P/E) Ratio: The Price to Earnings ratio of 25.33 is lower than the industry average, indicating potential undervaluation for the stock.
</li>
<li>
Price to Sales (P/S) Ratio: With a lower-than-average P/S ratio of 0.95, the stock presents an attractive valuation, potentially signaling a buying opportunity for investors interested in sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): At 18.63, the company's EV/EBITDA ratio outperforms industry norms, reflecting positive market perception. This positioning indicates optimistic expectations for the company's future performance.
</li>
</ul>
Market Capitalization: Indicating a reduced size compared to industry averages, the company's market capitalization poses unique challenges.
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<h3>The Impact of Insider Transactions on Investments</h3>
While insider transactions provide valuable information, they should be part of a broader analysis in making investment decisions.
When discussing legal matters, the term "insider" refers to any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, as stipulated in Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and significant hedge funds. Such insiders are required to report their transactions through a Form 4 filing, which must be completed within two business days of the transaction.
A new purchase by a company insider is a indication that they anticipate the stock will rise.
On the other hand, insider sells may not necessarily indicate a bearish view and can be motivated by various factors.
<h3>Unlocking the Meaning of Transaction Codes</h3>
When dissecting transactions, the focal point for <a href="https://www.benzinga.com/money/investing-tools">investors</a> is often those occurring in the open market, meticulously detailed in Table I of the Form 4 filing. A P in Box 3 denotes a purchase, while S signifies a sale. Transaction code C indicates the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0001488139">Check Out The Full List Of Ameresco's Insider Trades.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Doran Spencer Hole At Ameresco Decides to Exercises Options Worth $64K

Facility is designed to reduce over 953 million pounds of carbon dioxide emissions per year otherwise produced by landfill gas
<a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fameresco.com%2F&amp;esheet=54108896&amp;newsitemid=20240814300721&amp;lan=en-US&amp;anchor=Ameresco%2C+Inc.&amp;index=1&amp;md5=2eb638d5853986808d22e440eb4852d8">Ameresco, Inc.</a>, (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMRC#NYSE">AMRC</a>), a leading cleantech integrator specializing in energy efficiency and renewable energy, today announced it has been selected by Wasatch Integrated Waste Management District (WIWMD) to design, build, own, and operate a landfill gas to renewable natural gas (RNG) plant at the Davis Landfill in Layton, UT. This project would be Ameresco's second landfill gas beneficial use arrangement with the district and represents both organizations' continued commitment to sustainable waste management solutions for the past twenty years.

Ameresco Selected To Develop RNG Plant At Wasatch Integrated Waste Management District's Davis Landfill

Piper Sandler analyst Kashy Harrison maintains Ameresco (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMRC#NYSE">AMRC</a>) with a Overweight and lowers the price target from $37 to $35.

Piper Sandler Maintains Overweight on Ameresco, Lowers Price Target to $35

<figure class="table"> 
<table>
<tbody>
<tr>
<td colspan="3" rowspan="1">FY 2024 Guidance Ranges</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Revenue</td>
<td colspan="1" rowspan="1">$1.70 billion</td>
<td colspan="1" rowspan="1">$1.80 billion</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Gross Margin</td>
<td colspan="1" rowspan="1">16.0%</td>
<td colspan="1" rowspan="1">16.5%</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Adjusted EBITDA</td>
<td colspan="1" rowspan="1">$210 million</td>
<td colspan="1" rowspan="1">$230 million</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Interest Expense &amp; Other</td>
<td colspan="1" rowspan="1">$60 million</td>
<td colspan="1" rowspan="1">$65 million</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Non-GAAP EPS</td>
<td colspan="1" rowspan="1">$1.15</td>
<td colspan="1" rowspan="1">$1.35</td>
</tr>
</tbody>
</table>
</figure>

Guidance

Ameresco Sees FY24 Revenue 1.7B-$1.8B Vs $1.64B Estimate; Sees Adj. EPS $1.15-$1.35 Vs $1.36 Estimate

Ameresco (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMRC#NYSE">AMRC</a>) reported quarterly earnings of $0.10 per share which missed the analyst consensus estimate of $0.25 by 60 percent. The company reported quarterly sales of $437.982 million which beat the analyst consensus estimate of $378.786 million by 15.63 percent. This is a 33.91 percent increase over sales of $327.074 million the same period last year.

Earnings

Earnings Beats

Earnings Misses

Ameresco Q2 2024 Adj. EPS $0.10 Misses $0.25 Estimate, Sales $437.982M Beat $378.786M Estimate

Today Ameresco Sunel Energy SA announced its role in the construction of Lightsource bp's 560 MWp Enipeas solar project in Greece. This flagship project, one of the largest solar sites in Europe, underscores Greece's commitment to sustainable energy and economic resilience. Ameresco Sunel Energy SA is a joint venture between <a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fameresco.com%2F&amp;esheet=54099248&amp;newsitemid=20240725268408&amp;lan=en-US&amp;anchor=Ameresco%2C+Inc.&amp;index=1&amp;md5=bc76c7c1f2ca94e1f881aa7135699c80">Ameresco, Inc.</a>, (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMRC#NYSE">AMRC</a>), a leading cleantech integrator specializing in energy efficiency and renewable energy, and Sunel Group, an international leading solar PV EPC contractor. The joint venture has successfully secured a contract to construct the Enipeas project for Lightsource bp, marking a notable advancement in Greece's solar energy sector.

Global

Ameresco Sunel Energy SA Begins Construction On Lightsource bp's 560 MWp ENIPEAS Solar Project In Greece

Analysts' ratings for Ameresco (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMRC#NYSE">AMRC</a>) over the last quarter vary from bullish to bearish, as provided by 4 analysts.
The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $35.0, a high estimate of $39.00, and a low estimate of $32.00. Marking an increase of 8.53%, the current average surpasses the previous average price target of $32.25. 
<img src="https://www.benzinga.com/files/images/story/2024/1721656832_0.png" alt="price target chart" />
<h2>Investigating Analyst Ratings: An Elaborate Study</h2>
An in-depth analysis of recent analyst actions unveils how financial experts perceive Ameresco. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Kashy Harrison</td>
<td>Piper Sandler</td>
<td>Raises</td>
<td>Overweight</td>
<td>$37.00</td>
<td>$30.00</td>
</tr>
<tr>
<td>William Grippin</td>
<td>UBS</td>
<td>Raises</td>
<td>Buy</td>
<td>$39.00</td>
<td>$36.00</td>
</tr>
<tr>
<td>Stephen Gengaro</td>
<td>Stifel</td>
<td>Lowers</td>
<td>Buy</td>
<td>$32.00</td>
<td>$35.00</td>
</tr>
<tr>
<td>Ben Kallo</td>
<td>Baird</td>
<td>Raises</td>
<td>Outperform</td>
<td>$32.00</td>
<td>$28.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Ameresco. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Providing a comprehensive analysis, analysts offer qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Ameresco compared to the broader market.</li>
<li>Price Targets: Analysts predict movements in price targets, offering estimates for Ameresco's future value. Examining the current and prior targets offers insights into analysts' evolving expectations.</li>
</ul>
Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of Ameresco's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.
<a href="https://www.benzinga.com/quote/AMRC/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Ameresco analyst ratings.</a>
If you are interested in following small-cap stock news and performance <a href="https://www.benzinga.com/news/small-cap">you can start by tracking it here</a>.
<h2>Delving into Ameresco's Background</h2>
Ameresco Inc provides energy efficiency solutions for facilities in North America and Europe. It focuses on projects that reduce energy, also focuses on the operations and maintenance costs of governmental, educational, utility, healthcare, and other institutional, commercial, and industrial entities facilities. Ameresco distributes solar energy products and systems, such as PV panels, solar regulators, solar charge controllers, inverters, solar-powered lighting systems, solar-powered water pumps, solar panel mounting hardware, and other system components. The company's segment includes U.S. Regions; U.S. Federal; Canada; Alternative Fuels; Non-Solar DG and All Other. It derives a majority of revenue from the U.S. Regions segment.
<h3>Unraveling the Financial Story of Ameresco</h3>
Market Capitalization: With restricted market capitalization, the company is positioned below industry averages. This reflects a smaller scale relative to peers.
Positive Revenue Trend: Examining Ameresco's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 10.1% as of 31 March, 2024, showcasing a substantial increase in top-line earnings. When compared to others in the Industrials sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of -0.99%, the company showcases strong profitability and effective cost control.
Return on Equity (ROE): Ameresco's ROE is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of -0.33%, the company may encounter challenges in delivering satisfactory returns for shareholders.
Return on Assets (ROA): Ameresco's ROA lags behind industry averages, suggesting challenges in maximizing returns from its assets. With an ROA of -0.08%, the company may face hurdles in achieving optimal financial performance.
Debt Management: With a high debt-to-equity ratio of 1.79, Ameresco faces challenges in effectively managing its debt levels, indicating potential financial strain.
<h2>What Are Analyst Ratings?</h2>
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.
Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.
Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Key Takeaways From Ameresco Analyst Ratings

Piper Sandler analyst Kashy Harrison maintains Ameresco (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMRC#NYSE">AMRC</a>) with a Overweight and raises the price target from $30 to $37.

Piper Sandler Maintains Overweight on Ameresco, Raises Price Target to $37

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WFCF

Shares of companies within the broader industrial sector are trading higher following recent CPI data.

Robert W. Baird analyst Ben Kallo has reiterated their bullish stance on AMRC stock, giving a Buy rating yesterday. Ben Kallo has given his Buy rat...

Ameresco Buy Rating Affirmed on Backlog Strength and Growth Potential Despite Challenges

Warning: AMRC is at high risk of performing badly

Canaccord Genuity analyst George Gianarikas maintained a Buy rating on Ameresco (AMRC – Research Report) yesterday and set a price target of $36.00...

Ameresco's Buy Rating Affirmed Amidst Inflationary Environment and Growth in Sustainable Energy Solutions

Ameresco to develop renewable natural gas plant in Utah

Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on Emerson Electric Company (EMR – Research Report), Ameresco ...

Analysts Conflicted on These Industrial Goods Names: Emerson Electric Company (EMR), Ameresco (AMRC) and Fuelcell Energy (FCEL)

Craig-Hallum analyst Eric Stine maintained a Buy rating on Ameresco (AMRC – Research Report) today. The company's shares closed last Friday at $30....

Ameresco (AMRC) Gets a Buy from Craig-Hallum

Analyst George Gianarikas of Canaccord Genuity maintained a Buy rating on Ameresco (AMRC – Research Report), retaining the price target of $36.00. ...

Ameresco's Upbeat Financial Prospects: A Buy Rating Backed by BESS Project Milestones and Incoming Cash Infusions

Oppenheimer lists best stock ideas into the 2024 U.S. elections

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Press Releases

Ameresco and United Power Celebrate Completing Construction of Colorado's Largest Distributed Battery Energy Storage System to Enhance Resiliency and Energy Security

Ameresco Reports Second Quarter 2024 Financial Results

Ameresco to Participate at Upcoming Conference

Ameresco and the City of Somersworth Break Ground on New Hampshire's First Landfill Solar Project to be Placed on a Superfund Site

Ameresco Selected to Develop Renewable Natural Gas (RNG) Plant at Wasatch Integrated Waste Management District's Davis Landfill

Ameresco and Southern California Edison Reach Agreement on Substantial Completion Milestone for Two Battery Energy Storage Projects

Ameresco Sunel Energy SA Has Successfully Reached Commercial Operation of Cero Generation's 100 MWp Delfini Project Located in Prosotsani, Drama

Short Sellers

City of Pendleton, Oregon Celebrates Groundbreaking Renewable Energy Milestone at Wastewater Treatment Facility

Ameresco's Memphis LED Streetlighting Project Receives Recognition from U.S. Department of Energy's 2024 Integrated Lighting Campaign

Ameresco Named Finalist for 2024 CSR & Diversity Awards by Ragan Communications

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