In the latest session, Ameresco Inc. (NYSE: AMRC) closed at $20.18 down -2.09% from its previous closing price of $20.61. In other words, the price has decreased by -$0.43 from its previous closing price. On the day, 884439 shares were traded. AMRC stock price reached its highest trading level at $20.62 during the session, while it also had its lowest trading level at $19.54.
Ratios:
For a deeper understanding of Ameresco Inc.’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.17 and its Current Ratio is at 1.19. In the meantime, Its Debt-to-Equity ratio is 1.72 whereas as Long-Term Debt/Eq ratio is at 1.34.
BofA Securities Downgraded its Buy to Neutral on December 15, 2023, whereas the target price for the stock was revised from $29 to $37.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Nov 20 ’23 when Sakellaris George P bought 5,000 shares for $29.19 per share. The transaction valued at 145,938 led to the insider holds 1,100,000 shares of the business.
Sakellaris George P bought 5,000 shares of AMRC for $141,684 on Nov 17 ’23. The President and CEO now owns 1,095,000 shares after completing the transaction at $28.34 per share. On Nov 16 ’23, another insider, Sakellaris George P, who serves as the President and CEO of the company, bought 5,000 shares for $26.53 each. As a result, the insider paid 132,638 and bolstered with 1,090,000 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, AMRC now has a Market Capitalization of 1.06B and an Enterprise Value of 2.52B. As of this moment, Ameresco’s Price-to-Earnings (P/E) ratio for their current fiscal year is 17.20, and their Forward P/E ratio for the next fiscal year is 10.02. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.63. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.77 while its Price-to-Book (P/B) ratio in mrq is 1.17. Its current Enterprise Value per Revenue stands at 1.84 whereas that against EBITDA is 17.46.
Stock Price History:
Over the past 52 weeks, AMRC has reached a high of $63.19, while it has fallen to a 52-week low of $17.55. The 50-Day Moving Average of the stock is 22.52, while the 200-Day Moving Average is calculated to be 35.91.
Shares Statistics:
For the past three months, AMRC has traded an average of 517.43K shares per day and 715.75k over the past ten days. A total of 34.28M shares are outstanding, with a floating share count of 31.85M. Insiders hold about 39.08% of the company’s shares, while institutions hold 61.59% stake in the company. Shares short for AMRC as of Feb 29, 2024 were 4.02M with a Short Ratio of 7.76, compared to 3.97M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 7.68% and a Short% of Float of 12.55%.
Earnings Estimates
There are 9 different market analysts currently analyzing its stock. On average, analysts expect EPS of -$0.1 for the current quarter, with a high estimate of -$0.03 and a low estimate of -$0.16, while EPS last year was $0.03. The consensus estimate for the next quarter is $0.29, with high estimates of $0.41 and low estimates of $0.15.
Analysts are recommending an EPS of between $1.51 and $1.29 for the fiscal current year, implying an average EPS of $1.4. EPS for the following year is $2.03, with 9 analysts recommending between $2.45 and $1.51.
Revenue Estimates
A total of 10 analysts believe the company’s revenue will be $254.99M this quarter.It ranges from a high estimate of $275M to a low estimate of $237.68M. As of the current estimate, Ameresco Inc.’s year-ago sales were $271.04M, an estimated decrease of -5.90% from the year-ago figure. For the next quarter, 10 analysts are estimating revenue of $388.13M, an increase of 18.70% over than the figure of -$5.90% in the same quarter last year. There is a high estimate of $451.4M for the next quarter, whereas the lowest estimate is $345.8M.
A total of 12 analysts have provided revenue estimates for AMRC’s current fiscal year. The highest revenue estimate was $1.7B, while the lowest revenue estimate was $1.56B, resulting in an average revenue estimate of $1.63B. In the same quarter a year ago, actual revenue was $1.37B, up 18.40% from the average estimate. Based on 10 analysts’ estimates, the company’s revenue will be $1.83B in the next fiscal year. The high estimate is $1.94B and the low estimate is $1.73B. The average revenue growth estimate for next year is up 12.50% from the average revenue estimate for this year.
