Ameresco (NYSE:AMRC) insider Louis P. Maltezos sold 5,000 shares of Ameresco stock in a transaction that occurred on Wednesday, April 4th. The shares were sold at an average price of $12.49, for a total transaction of $62,450.00. Following the transaction, the insider now directly owns 5,000 shares in the company, valued at $62,450. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.
NYSE AMRC opened at $12.55 on Friday. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.38 and a current ratio of 1.42. Ameresco has a 12-month low of $5.25 and a 12-month high of $13.20. The firm has a market capitalization of $571.06, a price-to-earnings ratio of 16.73, a PEG ratio of 1.33 and a beta of 0.75.
Ameresco (NYSE:AMRC) last released its quarterly earnings results on Tuesday, March 6th. The utilities provider reported $0.48 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.14 by $0.34. Ameresco had a net margin of 5.23% and a return on equity of 11.18%. The business had revenue of $211.10 million for the quarter, compared to analyst estimates of $187.00 million. During the same period in the previous year, the company earned $0.08 earnings per share. The business’s revenue for the quarter was up 21.2% on a year-over-year basis. sell-side analysts anticipate that Ameresco will post 0.61 EPS for the current year.
Several equities analysts recently issued reports on the stock. ValuEngine lowered shares of Ameresco to a “strong-buy” rating in a report on Monday, April 2nd. Zacks Investment Research raised shares of Ameresco from a “hold” rating to a “buy” rating and set a $11.00 price objective on the stock in a report on Thursday, March 8th. Roth Capital set a $13.00 price target on shares of Ameresco and gave the stock a “buy” rating in a report on Wednesday, March 7th. Finally, Canaccord Genuity set a $11.50 price target on shares of Ameresco and gave the stock a “buy” rating in a report on Sunday, March 4th. One analyst has rated the stock with a sell rating, four have assigned a buy rating and one has given a strong buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus target price of $11.38.
WARNING: This story was originally published by Ticker Report and is owned by of Ticker Report. If you are accessing this story on another website, it was stolen and republished in violation of United States and international copyright and trademark laws. The correct version of this story can be viewed at https://www.tickerreport.com/banking-finance/3340464/ameresco-amrc-insider-louis-p-maltezos-sells-5000-shares.html.
Ameresco, Inc provides comprehensive energy services for businesses and organizations in North America and Europe. It offers energy efficiency, infrastructure upgrades, energy security and resilience, asset sustainability, and renewable energy solutions. The company operates through U.S. Regions, U.S.
Receive News & Ratings for Ameresco Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ameresco and related companies with MarketBeat.com's FREE daily email newsletter.