During the last session, Ameresco Inc. (NYSE:AMRC)’s traded shares were 0.32 million, with the beta value of the company hitting 1.79. At the end of the trading day, the stock’s price was $26.72, reflecting an intraday loss of -7.70% or -$2.23. The 52-week high for the AMRC share is $51.94, that puts it down -94.39 from that peak though still a striking 34.32% gain since the share price plummeted to a 52-week low of $17.55. The company’s market capitalization is $1.40B, and the average intraday trading volume over the past 10 days was 0.51 million shares, and the average trade volume was 534.06K shares over the past three months.

Ameresco Inc. (AMRC) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.62. AMRC has a Sell rating from 1 analyst(s) out of 14 analysts who have looked at this stock. 3 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 10 recommend a Buy rating for it.

Ameresco Inc. (NYSE:AMRC) trade information

Ameresco Inc. (AMRC) registered a -7.70% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -7.70% in intraday trading to $26.72, hitting a weekly high. The stock’s 5-day price performance is -2.52%, and it has moved by -15.36% in 30 days. Based on these gigs, the overall price performance for the year is -47.61%. The short interest in Ameresco Inc. (NYSE:AMRC) is 4.18 million shares and it means that shorts have 8.36 day(s) to cover.

The consensus price target of analysts on Wall Street is $71.5, which implies an increase of 62.63% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $32 and $82 respectively. As a result, AMRC is trading at a discount of -206.89% off the target high and -19.76% off the low.

Ameresco Inc. (AMRC) estimates and forecasts

Statistics show that Ameresco Inc. has underperformed its competitors in share price, compared to the industry in which it operates. Ameresco Inc. (AMRC) shares have gone up 19.34% during the last six months, with a year-to-date growth rate less than the industry average at -6.35% against 2.70.

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 -5.73% in 2024, the next five years will return 27.20% per annum.

AMRC Dividends

Ameresco Inc. is due to release its next quarterly earnings 2024-Nov-04. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

Ameresco Inc. (NYSE:AMRC)’s Major holders

Ameresco Inc. insiders own 7.04% of total outstanding shares while institutional holders control 99.07%, with the float percentage being 106.57%. GRANTHAM, MAYO, VAN OTTERLOO & CO. LLC is the largest shareholder of the company, while 280.0 institutions own stock in it. As of 2024-03-31, the company held over 4.27 million shares (or 8.1665% of all shares), a total value of $102.96 million in shares.

The next largest institutional holding, with 3.15 million shares, is of VANGUARD GROUP INC’s that is approximately 6.0211% of outstanding shares. At the market price on 2024-03-31, these shares were valued at $75.91 million.

Also, the Mutual Funds coming in first place with the largest holdings of Ameresco Inc. (AMRC) shares are Delaware Group Equity Fds V-Small Cap Core Fund and GMO Resources Fund . Data provided on May 31, 2024 indicates that Delaware Group Equity Fds V-Small Cap Core Fund owns about 1.29 shares. This amounts to just over 3.76 percent of the company’s overall shares, with a $34.59 million market value. The same data shows that the other fund manager holds slightly less at 1.08, or about 3.14% of the stock, which is worth about $28.86 million.