Press coverage about Ameresco (NYSE:AMRC) has been trending somewhat positive this week, according to Accern. The research firm identifies positive and negative press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Ameresco earned a media sentiment score of 0.10 on Accern’s scale. Accern also assigned news articles about the utilities provider an impact score of 45.3731038548462 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Here are some of the media stories that may have effected Accern Sentiment Analysis’s analysis:
AMRC opened at $12.55 on Friday. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.38 and a current ratio of 1.42. Ameresco has a 1-year low of $5.25 and a 1-year high of $13.20. The company has a market capitalization of $589.26, a price-to-earnings ratio of 16.51, a price-to-earnings-growth ratio of 1.37 and a beta of 0.75.
Ameresco (NYSE:AMRC) last released its quarterly earnings results on Tuesday, March 6th. The utilities provider reported $0.48 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.14 by $0.34. Ameresco had a net margin of 5.23% and a return on equity of 11.18%. The business had revenue of $211.10 million for the quarter, compared to the consensus estimate of $187.00 million. During the same period last year, the firm earned $0.08 earnings per share. The company’s quarterly revenue was up 21.2% on a year-over-year basis. equities analysts anticipate that Ameresco will post 0.61 EPS for the current year.
A number of brokerages recently weighed in on AMRC. ValuEngine downgraded shares of Ameresco to a “strong-buy” rating in a research report on Monday, April 2nd. Zacks Investment Research upgraded shares of Ameresco from a “hold” rating to a “buy” rating and set a $11.00 price objective on the stock in a research report on Thursday, March 8th. Roth Capital set a $13.00 price target on shares of Ameresco and gave the stock a “buy” rating in a research report on Wednesday, March 7th. Finally, Canaccord Genuity set a $11.50 price target on shares of Ameresco and gave the stock a “buy” rating in a research report on Sunday, March 4th. One analyst has rated the stock with a sell rating, four have issued a buy rating and one has issued a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus target price of $11.38.
In other Ameresco news, EVP Joseph P. Demanche sold 12,500 shares of the stock in a transaction that occurred on Tuesday, January 16th. The shares were sold at an average price of $9.20, for a total value of $115,000.00. Following the transaction, the executive vice president now directly owns 127,500 shares in the company, valued at $1,173,000. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Louis P. Maltezos sold 5,000 shares of the firm’s stock in a transaction on Wednesday, April 4th. The shares were sold at an average price of $12.49, for a total transaction of $62,450.00. Following the sale, the insider now owns 5,000 shares in the company, valued at $62,450. The disclosure for this sale can be found here. Insiders sold 138,240 shares of company stock worth $1,440,550 over the last quarter. Insiders own 58.36% of the company’s stock.
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Ameresco Company Profile
Ameresco, Inc provides comprehensive energy services for businesses and organizations in North America and Europe. It offers energy efficiency, infrastructure upgrades, energy security and resilience, asset sustainability, and renewable energy solutions. The company operates through U.S. Regions, U.S.
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