During the last session, Ameresco Inc. (NYSE:AMRC)’s traded shares were 0.36 million, with the beta value of the company hitting 1.60. At the end of the trading day, the stock’s price was $21.48, reflecting an intraday gain of 2.38% or $0.5. The 52-week high for the AMRC share is $63.19, that puts it down -194.18 from that peak though still a striking 18.3% gain since the share price plummeted to a 52-week low of $17.55. The company’s market capitalization is $1.12B, and the average trade volume was 545.07K shares over the past three months.
Ameresco Inc. (NYSE:AMRC) trade information
Ameresco Inc. (AMRC) registered a 2.38% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 2.38% in intraday trading to $21.48, hitting a weekly high. The stock’s 5-day price performance is 14.26%, and it has moved by -5.54% in 30 days. Based on these gigs, the overall price performance for the year is -47.52%.
Ameresco Inc. (AMRC) estimates and forecasts
Statistics show that Ameresco Inc. has outperformed its competitors in share price, compared to the industry in which it operates. Ameresco Inc. (AMRC) shares have gone down -23.29% during the last six months, with a year-to-date growth rate more than the industry average at 10.32% against 8.20. In the rating firms’ projections, revenue will increase 18.60% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 255.43M as predicted by 11 analyst(s). Meanwhile, a consensus of 11 analyst(s) estimates revenue growth to 390.01M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 271.04M and 327.07M respectively. In this case, analysts expect current quarter sales to shrink by -5.80% and then jump by 19.20% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 7.63%. While earnings are projected to return 7.67% in 2024, the next five years will return 27.20% per annum.
AMRC Dividends
Ameresco Inc. is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
