A share price of Ameresco Inc [AMRC] is currently trading at $27.10, down -3.80%. An important factor to consider is whether the stock is rising or falling in short-term value. The AMRC shares have gain 15.42% over the last week, with a monthly amount drifted -2.45%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Ameresco Inc [NYSE: AMRC] stock has seen the most recent analyst activity on September 04, 2024, when Jefferies initiated its Hold rating and assigned the stock a price target of $33. Previously, Exane BNP Paribas upgraded its rating to Outperform on March 12, 2024, and kept the price target unchanged to $34. On February 29, 2024, downgrade downgraded it’s rating to Neutral. BofA Securities downgraded its rating to a Neutral and increased its price target to $37 on December 15, 2023. William Blair downgraded its rating to a Mkt Perform. Oppenheimer downgraded its rating to Perform for this stock on November 07, 2023. In a note dated October 25, 2023, ROTH MKM upgraded an Buy rating on this stock but restated the target price of $44.
Ameresco Inc experienced fluctuations in its stock price throughout the past year between $17.55 and $39.68. Currently, Wall Street analysts expect the stock to reach $38.25 within the next 12 months. Ameresco Inc [NYSE: AMRC] shares were valued at $27.10 at the most recent close of the market. An investor can expect a potential return of 41.14% based on the average AMRC price forecast.
Analyzing the AMRC fundamentals
Trailing Twelve Months sales for Ameresco Inc [NYSE:AMRC] were 1.68B which represents 49.45% growth. Gross Profit Margin for this corporation currently stands at 0.15% with Operating Profit Margin at 0.06%, Pretax Profit Margin comes in at 0.02%, and Net Profit Margin reading is 0.03%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.05 and Total Capital is 0.03. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 2.2.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 26.46 points at the first support level, and at 25.82 for the second support level. However, for the 1st resistance point, the stock is sitting at 27.74, and for the 2nd resistance point, it is at 28.37.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Ameresco Inc [NYSE:AMRC] is 1.11. On the other hand, the Quick Ratio is 1.10, and the Cash Ratio is 0.12. Considering the valuation of this stock, the price to sales ratio is 0.85, the price to book ratio is 1.52 and price to earnings (TTM) ratio is 27.04.
Transactions by insiders
Recent insider trading involved Hole Spencer Doran, Officer, that happened on Nov 27 ’24 when 14000.0 shares were purchased. Officer, Hole Spencer Doran completed a deal on Nov 25 ’24 to buy 7000.0 shares. Meanwhile, Director Sutton Joseph W. bought 10000.0 shares on Nov 15 ’24.
