The price of Ameresco Inc. (NYSE: AMRC) closed at $24.99 in the last session, up 3.56% from day before closing price of $24.13. In other words, the price has increased by $+0.86 from its previous closing price. On the day, 671349 shares were traded.
Ratios:
We take a closer look at AMRC’s different ratios to gain a better understanding of the stock. 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Mar 19 ’24 when Christakis Peter sold 108 shares for $20.53 per share. The transaction valued at 2,217 led to the insider holds 11,370 shares of the business.
Bakas Michael T sold 108 shares of AMRC for $2,217 on Mar 19 ’24. The Executive Vice President now owns 10,748 shares after completing the transaction at $20.53 per share. On Mar 19 ’24, another insider, Hole Spencer Doran, who serves as the EVP and CFO of the company, sold 108 shares for $20.53 each. As a result, the insider received 2,217 and left with 1,878 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 1.31B and an Enterprise Value of 2.78B. As of this moment, Ameresco’s Price-to-Earnings (P/E) ratio for their current fiscal year is 21.30, and their Forward P/E ratio for the next fiscal year is 12.41. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.78. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.95 while its Price-to-Book (P/B) ratio in mrq is 1.45. Its current Enterprise Value per Revenue stands at 2.02 whereas that against EBITDA is 19.20.
Stock Price History:
The Beta on a monthly basis for AMRC is 1.55, which has changed by -45.56% over the last 52 weeks, in comparison to a change of 28.14% over the same period for the S&P500. 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 21.47, while the 200-Day Moving Average is calculated to be 33.92.
Shares Statistics:
According to the various share statistics, AMRC traded on average about 542.64K shares per day over the past 3-months and 583.72k shares per day over the past 10 days. A total of 34.28M shares are outstanding, with a floating share count of 31.84M. Insiders hold about 39.09% of the company’s shares, while institutions hold 61.87% stake in the company. Shares short for AMRC as of Mar 15, 2024 were 4.8M with a Short Ratio of 8.84, compared to 4.03M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 9.18% and a Short% of Float of 14.99%.
Earnings Estimates
The company has 9 analysts who recommend its stock at the moment. 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
According to 10 analysts, the current quarter’s revenue is expected to be $254.99M. 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.
