Ameresco (AMRC) Expected to Announce Quarterly Earnings on Thursday

Ameresco (NYSE:AMRC) is anticipated to issue its quarterly earnings data after the market closes on Thursday, February 27th. Analysts expect the company to announce earnings of $0.76 per share and revenue of $524.31 million for the quarter. Parties that are interested in participating in the company’s conference call can do so using this link.

Ameresco Stock Down 0.1 %

Shares of NYSE AMRC opened at $19.04 on Thursday. The company has a current ratio of 1.27, a quick ratio of 1.26 and a debt-to-equity ratio of 1.36. The company has a market cap of $998.20 million, a price-to-earnings ratio of 19.04, a PEG ratio of 0.51 and a beta of 1.79. Ameresco has a 12 month low of $17.55 and a 12 month high of $39.68. The stock has a 50-day moving average price of $22.91 and a two-hundred day moving average price of $28.00.

Insiders Place Their Bets

In other Ameresco news, Director Jennifer L. Miller sold 40,000 shares of the stock in a transaction that occurred on Monday, February 3rd. The stock was sold at an average price of $21.06, for a total transaction of $842,400.00. Following the transaction, the director now directly owns 17,225 shares in the company, valued at approximately $362,758.50. This represents a 69.90 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 42.00% of the company’s stock.

Analyst Ratings Changes

AMRC has been the subject of several recent research reports. StockNews.com raised Ameresco to a “sell” rating in a research note on Tuesday, November 12th. Stifel Nicolaus upped their price objective on Ameresco from $32.00 to $34.00 and gave the company a “buy” rating in a research note on Monday, November 11th. One investment analyst has rated the stock with a sell rating, three have given a hold rating, eight have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $36.56.

About Ameresco

Ameresco, Inc, a clean technology integrator, provides a portfolio of energy efficiency and renewable energy supply solutions in the United States, Canada, Europe, and internationally. It operates through U.S. Regions, U.S. Federal, Canada, Europe, Alternative Fuels, and All Other segments. The company offers energy efficiency, infrastructure upgrades, energy security and resilience, asset sustainability, and renewable energy solutions for businesses and organizations.