AMRC stock icon

Ameresco

33.22 USD
-1.68
4.81%
At close Oct 10, 4:00 PM EDT
After hours
33.22
+0.00
0.00%
1 day
-4.81%
5 days
-4.95%
1 month
8.60%
3 months
22.58%
6 months
43.69%
Year to date
5.83%
1 year
-7.18%
5 years
130.69%
 

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 6,740 funds
0
Analysts bullish %
of 6 analysts

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

116% more call options, than puts

Call options by funds: $7.1M | Put options by funds: $3.29M

22% more capital invested

Capital invested by funds: $773M [Q1] → $946M (+$173M) [Q2]

14% more repeat investments, than reductions

Existing positions increased: 66 | Existing positions reduced: 58

13% more first-time investments, than exits

New positions opened: 34 | Existing positions closed: 30

2% more funds holding

Funds holding: 179 [Q1] → 183 (+4) [Q2]

1.97% more ownership

Funds ownership: 93.28% [Q1] → 95.25% (+1.97%) [Q2]

Research analyst outlook

6 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$32
4%
downside
Avg. target
$37
10%
upside
High target
$42
26%
upside

6 analyst ratings

positive
83%
neutral
17%
negative
0%
Baird
Ben Kallo
71% 1-year accuracy
22 / 31 met price target
26%upside
$42
Outperform
Maintained
23 Sept 2024
UBS
William Grippin
57% 1-year accuracy
4 / 7 met price target
20%upside
$40
Buy
Maintained
5 Sept 2024
Jefferies
Julien Dumoulin-Smith
67% 1-year accuracy
41 / 61 met price target
1%downside
$33
Hold
Initiated
4 Sept 2024
Baird
Ben Kallo
71% 1-year accuracy
22 / 31 met price target
4%downside
$32
Outperform
Maintained
27 Aug 2024
Piper Sandler
Kashy Harrison
60% 1-year accuracy
24 / 40 met price target
5%upside
$35
Overweight
Maintained
6 Aug 2024

Financial journalist opinion

Based on 6 articles about AMRC published over the past 30 days

Charts implemented using Lightweight Charts™