In last trading session, Ameresco Inc (NYSE:AMRC) saw 0.62 million shares changing hands with its beta currently measuring 2.21. Company’s recent per share price level of $10.75 trading at $0.69 or 6.86% at ring of the bell on the day assigns it a market valuation of $565.49M. That closing price of AMRC’s stock is at a discount of -269.12% from its 52-week high price of $39.68 and is indicating a premium of 21.02% from its 52-week low price of $8.49. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.89 million shares which gives us an average trading volume of 753.91K if we extend that period to 3-months.
For Ameresco Inc (AMRC), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2.00. Splitting up the data highlights that, out of 14 analysts covering the stock, 1 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 3 suggested the stock as a Hold whereas 10 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.25 in the current quarter.
Ameresco Inc (NYSE:AMRC) trade information
Upright in the green during last session for gaining 6.86%, in the last five days AMRC remained trading in the green while hitting it’s week-highest on Friday, 04/25/25 when the stock touched $10.75 price level, adding 1.38% to its value on the day. Ameresco Inc’s shares saw a change of -54.22% in year-to-date performance and have moved 8.04% in past 5-day. Ameresco Inc (NYSE:AMRC) showed a performance of -12.88% in past 30-days. Number of shares sold short was 2.56 million shares which calculate 2.23 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 21.5 to the stock, which implies a rise of 50.0% to its current value. Analysts have been projecting 8 as a low price target for the stock while placing it at a high target of 31. It follows that stock’s current price would jump 25.58% in reaching the projected high whereas dropping to the targeted low would mean a gain of 25.58% for stock’s current value.
Ameresco Inc (AMRC) estimates and forecasts
This year revenue growth is estimated to rise 6.24% from the last financial year’s standing.
8 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 306.55M for the same. And 8 analysts are in estimates of company making revenue of 444.55M in the next quarter. Company posted 298.41M and 437.98M of sales in current and next quarters respectively a year earlier.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 2.77% during past 5 years. In 2025, company’s earnings growth rate is likely to be around -31.82% while estimates for its earnings growth in next 5 years are of 9.77%.
Ameresco Inc (NYSE:AMRC)’s Major holders
Insiders are in possession of 8.35% of company’s total shares while institution are holding 98.01 percent of that, with stock having share float percentage of 106.93%. Investors also watch the number of corporate investors in a company very closely, which is 98.01% institutions for Ameresco Inc that are currently holding shares of the company. GRANTHAM, MAYO, VAN OTTERLOO & CO. LLC is the top institutional holder at AMRC for having 4.27 million shares of worth $122.93 million. And as of 2024-06-30, it was holding 8.1497 of the company’s outstanding shares.
The second largest institutional holder is VANGUARD GROUP INC, which was holding about 3.14 million shares on 2024-06-30. The number of shares represents firm’s hold over 6.005 of outstanding shares, having a total worth of $90.58 million.
On the other hand, Delaware Group Equity Funds V-Macquarie Small Cap Core Fund and GMO TRUST-GMO Resources Fund are the top two Mutual Funds which own company’s shares. As of Feb 28, 2025 , the former fund manager was holding 1.49 shares of worth $16.06 million or 4.32% of the total outstanding shares. The later fund manager was in possession of 1.08 shares on Nov 30, 2024 , making its stake of worth around $11.61 million in the company or a holder of 3.12% of company’s stock.
