AmerescoAMRC
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
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
6 analyst ratings
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