Ameresco Inc. (NYSE:AMRC)’s traded shares stood at 0.82 million during the last session, with the company’s beta value hitting 1.63. At the close of trading, the stock’s price was $18.80, to imply an increase of 1.29% or $0.24 in intraday trading. The AMRC share’s 52-week high remains $63.19, putting it -236.12% down since that peak but still an impressive 6.65% since price per share fell to its 52-week low of $17.55. The company has a valuation of $982.86M, with an average of 548.10K shares over the past 3 months.
Ameresco Inc. (NYSE:AMRC) trade information
After registering a 1.29% upside in the last session, Ameresco Inc. (AMRC) has traded red over the past five days. The stock hit a weekly high of 21.23, jumping 1.29% in its intraday price action. The 5-day price performance for the stock is -10.13%, and -6.51% over 30 days. With these gigs, the year-to-date price performance is -40.64%.
Ameresco Inc. (AMRC) estimates and forecasts
Looking at statistics comparing Ameresco Inc. share performance against respective industry, we note that the company has outperformed competitors. Ameresco Inc. (AMRC) shares are -42.87% down over the last 6 months, with its year-to-date growth rate higher than industry average at 10.32% against 9.20%. Revenue is forecast to shrink -433.30% this quarter before jumping 86.70% for the next one. The rating firms project that company’s revenue will grow 18.40% compared to the previous financial year.
Revenue forecast for the current quarter as set by 10 analysts is $254.99 million. Meanwhile, for the quarter ending Jun 2024, a total of 10 analyst(s) estimate revenue growth to $388.13 million.Earnings reports from the last fiscal year show that sales brought in $271.04 million and $327.07 million respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to fall -5.90% before jumping 18.70% in the following quarter.
An assessment of the company’s 5-year growth patterns shows that annual earnings grew an estimated 7.63% for the past 5-year period. While 2024 is set for a 7.55% return in earnings, projections for the next 5 years are at 27.20% annually.
AMRC Dividends
Ameresco Inc. has its next earnings report out in May. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Ameresco Inc. has a forward dividend ratio of 0, with the share yield ticking at 0.00% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.
