Nickolas Stavropoulos Sells 1,355 Shares of Ameresco (NYSE:AMRC) Stock

Ameresco, Inc. (NYSE:AMRC) Director Nickolas Stavropoulos sold 1,355 shares of the stock in a transaction that occurred on Friday, May 15th. The shares were sold at an average price of $34.00, for a total transaction of $46,070.00. Following the sale, the director directly owned 14,111 shares of the company’s stock, valued at $479,774. This represents a 8.76% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Nickolas Stavropoulos also recently made the following trade(s):

• On Thursday, February 19th, Nickolas Stavropoulos sold 400 shares of Ameresco stock. The shares were sold at an average price of $34.00, for a total transaction of $13,600.00.
• On Friday, February 20th, Nickolas Stavropoulos sold 15,700 shares of Ameresco stock. The shares were sold at an average price of $34.15, for a total transaction of $536,155.00.

Ameresco Stock Performance

NYSE:AMRC opened at $29.51 on Thursday. The company has a market capitalization of $1.56 billion, a PE ratio of 50.88, a P/E/G ratio of 2.41 and a beta of 2.55. The company has a 50 day simple moving average of $27.32 and a two-hundred day simple moving average of $30.29. The company has a debt-to-equity ratio of 1.64, a quick ratio of 1.48 and a current ratio of 1.49. Ameresco, Inc. has a fifty-two week low of $12.95 and a fifty-two week high of $44.93.

Ameresco (NYSE:AMRC) last released its earnings results on Monday, May 4th. The utilities provider reported ($0.33) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.27) by ($0.06). The firm had revenue of $401.46 million for the quarter, compared to analyst estimates of $362.92 million. Ameresco had a net margin of 1.59% and a return on equity of 3.33%. The business’s revenue for the quarter was up 13.8% compared to the same quarter last year. During the same period in the prior year, the company posted ($0.11) EPS. Ameresco has set its FY 2026 guidance at 1.060-1.280 EPS. Research analysts anticipate that Ameresco, Inc. will post 1.09 earnings per share for the current year.

Hedge Funds Weigh In On Ameresco

Large investors have recently modified their holdings of the company. State of Wyoming bought a new position in shares of Ameresco in the 4th quarter worth $27,000. Caitong International Asset Management Co. Ltd bought a new position in shares of Ameresco in the 4th quarter worth $48,000. Fifth Third Bancorp bought a new position in shares of Ameresco in the 1st quarter worth $44,000. Summit Securities Group LLC bought a new position in shares of Ameresco in the 4th quarter worth $55,000. Finally, Wealth Enhancement Advisory Services LLC bought a new position in shares of Ameresco in the 3rd quarter worth $76,000. 99.24% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on AMRC shares. B. Riley Financial increased their price target on Ameresco from $45.00 to $47.00 and gave the stock a “buy” rating in a report on Wednesday, March 4th. Weiss Ratings cut Ameresco from a “sell (d+)” rating to a “sell (d)” rating in a report on Wednesday, May 6th. Robert W. Baird cut their price target on Ameresco from $44.00 to $36.00 and set an “outperform” rating on the stock in a report on Tuesday, May 5th. Canaccord Genuity Group increased their price target on Ameresco from $50.00 to $59.00 and gave the stock a “buy” rating in a report on Wednesday, May 6th. Finally, Zacks Research cut Ameresco from a “hold” rating to a “strong sell” rating in a report on Monday, May 4th. Seven research analysts have rated the stock with a Buy rating, three have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $42.56.

Ameresco Company Profile

Ameresco, Inc is a leading independent provider of comprehensive energy efficiency and renewable energy solutions for businesses and governments across North America, Europe and other select markets. Its integrated services portfolio includes energy efficiency retrofits, infrastructure upgrades, distributed generation systems and facility-scale renewable projects. Leveraging performance-based contracting models, Ameresco designs, finances, installs and maintains energy improvements intended to reduce operational costs, mitigate environmental impact and enhance resiliency for its clients.

Founded in 2000 and headquartered in Framingham, Massachusetts, Ameresco has completed thousands of projects spanning solar, wind, geothermal, biomass, landfill gas?to?energy, energy storage and microgrid installations.