The stock of Ameresco Inc. (AMRC) has gone up by 7.46% for the week, with a 5.83% rise in the past month and a -11.56% drop in the past quarter. The volatility ratio for the week is 6.43%, and the volatility levels for the past 30 days are 6.40% for AMRC. The simple moving average for the past 20 days is -3.53% for AMRC’s stock, with a -35.88% simple moving average for the past 200 days.
Is It Worth Investing in Ameresco Inc. (NYSE: AMRC) Right Now?
Ameresco Inc. (NYSE: AMRC) has a price-to-earnings ratio that is above its average at 17.81x. The stock has a 36-month beta value of 1.63. Opinions on the stock are mixed, with 1 analysts rating it as a “buy,” 2 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for AMRC is 31.84M, and at present, short sellers hold a 15.63% of that float. On April 24, 2024, the average trading volume of AMRC was 541.90K shares.
AMRC) stock’s latest price update
Ameresco Inc. (NYSE: AMRC) has experienced a rise in its stock price by 9.43 compared to its previous closing price of 19.09. However, the company has seen a gain of 7.46% in its stock price over the last five trading days. Business Wire reported 2024-04-09 that FRAMINGHAM, Mass.–(BUSINESS WIRE)–Ameresco, Inc. (NYSE:AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, today announced that it will release its first quarter 2024 financial results after the close of the market on Tuesday, May 7, 2024. The earnings press release will be available on the “Investor Relations” section of the Company’s website at www.ameresco.com. The Company will host an earnings conference call at 4:30 p.m. EDT the same day. In conj.
Analysts’ Opinion of AMRC
Many brokerage firms have already submitted their reports for AMRC stocks, with Exane BNP Paribas repeating the rating for AMRC by listing it as a “Outperform.” The predicted price for AMRC in the upcoming period, according to Exane BNP Paribas is $34 based on the research report published on March 12, 2024 of the current year 2024.
BofA Securities gave a rating of “Neutral” to AMRC, setting the target price at $37 in the report published on December 15th of the previous year.
AMRC Trading at -1.73% from the 50-Day Moving Average
After a stumble in the market that brought AMRC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -66.94% of loss for the given period.
Volatility was left at 6.40%, however, over the last 30 days, the volatility rate increased by 6.43%, as shares surge +6.15% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -8.58% lower at present.
During the last 5 trading sessions, AMRC rose by +7.46%, which changed the moving average for the period of 200-days by -55.07% in comparison to the 20-day moving average, which settled at $21.72. In addition, Ameresco Inc. saw -34.04% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at AMRC starting from Christakis Peter, who sale 108 shares at the price of $20.53 back on Mar 19 ’24. After this action, Christakis Peter now owns 11,370 shares of Ameresco Inc., valued at $2,217 using the latest closing price.
Bakas Michael T, the Executive Vice President of Ameresco Inc., sale 108 shares at $20.53 during a trade that took place back on Mar 19 ’24, which means that Bakas Michael T is holding 10,748 shares at $2,217 based on the most recent closing price.
Stock Fundamentals for AMRC
Current profitability levels for the company are sitting at:
- 0.06 for the present operating margin
- 0.18 for the gross margin
The net margin for Ameresco Inc. stands at 0.05. The total capital return value is set at 0.03. Equity return is now at value 7.23, with 1.89 for asset returns.
Based on Ameresco Inc. (AMRC), the company’s capital structure generated 0.62 points at debt to capital in total, while cash flow to debt ratio is standing at -0.05. The debt to equity ratio resting at 1.66. The interest coverage ratio of the stock is 1.49.
Currently, EBITDA for the company is 150.81 million with net debt to EBITDA at 9.36. When we switch over and look at the enterprise to sales, we see a ratio of 1.82. The receivables turnover for the company is 1.52for trailing twelve months and the total asset turnover is 0.37. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.19.
Conclusion
To sum up, Ameresco Inc. (AMRC) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
