Ameresco (NYSE:AMRC) Posts Quarterly Earnings Results, Beats Estimates By $0.12 EPS

Ameresco (NYSE:AMRC - Get Free Report) released its quarterly earnings results on Thursday. The utilities provider reported $0.88 earnings per share for the quarter, beating the consensus estimate of $0.76 by $0.12, Zacks reports. Ameresco had a net margin of 3.18% and a return on equity of 5.68%. Ameresco updated its FY 2025 guidance to 0.700-0.900 EPS.Ameresco Stock PerformanceAMRC stock traded up $0.10 during trading hours on Thursday, reaching $18.35. The stock had a trading volume of 758,107 shares, compared to its average volume of 396,132. The stock has a market capitalization of $962.28 million, a PE ratio of 18.35, a price-to-earnings-growth ratio of 0.49 and a beta of 1.79. The stock has a 50-day simple moving average of $22.27 and a 200 day simple moving average of $27.62. Ameresco has a fifty-two week low of $17.55 and a fifty-two week high of $39.68. The company has a debt-to-equity ratio of 1.36, a current ratio of 1.27 and a quick ratio of 1.26. Wall Street Analysts Forecast GrowthSeveral research analysts recently commented on AMRC shares. UBS Group reduced their target price on shares of Ameresco from $40.00 to $37.00 and set a "buy" rating for the company in a report on Wednesday. StockNews.com upgraded shares of Ameresco to a "sell" rating in a report on Tuesday, November 12th. Finally, Stifel Nicolaus increased their target price on shares of Ameresco from $32.00 to $34.00 and gave the stock a "buy" rating in a report on Monday, November 11th. One 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 company's stock. Based on data from MarketBeat.com, Ameresco presently has an average rating of "Moderate Buy" and a consensus target price of $36.22.Read Our Latest Analysis on AmerescoInsider ActivityIn other news, Director Jennifer L. Miller sold 40,000 shares of the stock in a transaction dated Monday, February 3rd. The shares were sold at an average price of $21.06, for a total value of $842,400.00. Following the transaction, the director now directly owns 17,225 shares of the company's stock, valued at $362,758.50. This represents a 69.90 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 42.00% of the company's stock. About Ameresco (Get Free Report)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.See AlsoFive stocks we like better than AmerescoSpecial Purpose Acquisition Company (SPAC) What You Need to Know Volatility Is Back: 3 Stocks To Cushion the S&P 500's SwingsWhat is an Earnings Surprise? 2 Catalysts That Could Push NVIDIA Stock Up 30% This YearWhat is the Nasdaq? Complete Overview with HistoryDo GM Stock Buybacks Make the Stock Buyable For Investors?This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Ameresco Right Now?Before you consider Ameresco, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Ameresco wasn't on the list.While Ameresco currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here