AMRC stock icon

Ameresco
AMRC

$34.55
2.81%
 

About: 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.

Employees: 1,503

0
Funds holding %
of 6,689 funds
0
Analysts bullish %
of 10 analysts
0
News positive %
of 7 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

1% less funds holding

Funds holding: 176 [Q4 2023] → 175 (-1) [Q1 2024]

3% less first-time investments, than exits

New positions opened: 37 | Existing positions closed: 38

11% less repeat investments, than reductions

Existing positions increased: 54 | Existing positions reduced: 61

18.34% less ownership

Funds ownership: 108.54% [Q4 2023] → 90.2% (-18.34%) [Q1 2024]

24% less capital invested

Capital invested by funds: $989M [Q4 2023] → $747M (-$242M) [Q1 2024]

61% less call options, than puts

Call options by funds: $1.54M | Put options by funds: $3.92M

100% less funds holding in top 10

Funds holding in top 10: 2 [Q4 2023] → 0 (-2) [Q1 2024]

Research analyst outlook

10 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$30
13%
downside
Avg. target
$35
1%
upside
High target
$40
16%
upside

10 analyst ratings

positive
90%
neutral
10%
negative
0%
UBS
William Grippin
13%upside
$39
Buy
Maintained
14 May 2024
Stifel
Stephen Gengaro
7%downside
$32
Buy
Maintained
9 May 2024
Baird
Ben Kallo
7%downside
$32
Outperform
Maintained
9 May 2024
Truist Securities
Christopher Souther
7%upside
$37
Buy
Maintained
22 Apr 2024
Piper Sandler
Kashy Harrison
13%downside
$30
Overweight
Maintained
11 Apr 2024

Financial journalist opinion

Based on 7 articles about AMRC published over the past 30 days