Ameresco Inc (NYSE: AMRC) has a higher price-to-earnings ratio of 30.02x compared to its average ratio, The 36-month beta value for AMRC is at 1.81. Analysts have varying views on the stock, with 1 analysts rating it as a “buy,” 2 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for AMRC is 31.95M, and currently, shorts hold a 11.63% of that float. The average trading volume for AMRC on November 07, 2024 was 324.04K shares.
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AMRC) stock’s latest price update
Ameresco Inc (NYSE: AMRC)’s stock price has gone decline by -9.18 in comparison to its previous close of 35.40, however, the company has experienced a 7.20% increase in its stock price over the last five trading days. zacks.com reported 2024-10-31 that Ameresco (AMRC) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
AMRC’s Market Performance
AMRC’s stock has risen by 7.20% in the past week, with a monthly drop of -4.14% and a quarterly rise of 11.05%. The volatility ratio for the week is 7.90% while the volatility levels for the last 30 days are 6.09% for Ameresco Inc The simple moving average for the past 20 days is -0.06% for AMRC’s stock, with a 15.17% simple moving average for the past 200 days.
Analysts’ Opinion of AMRC
Many brokerage firms have already submitted their reports for AMRC stocks, with Jefferies repeating the rating for AMRC by listing it as a “Hold.” The predicted price for AMRC in the upcoming period, according to Jefferies is $33 based on the research report published on September 04, 2024 of the current year 2024.
Exane BNP Paribas, on the other hand, stated in their research note that they expect to see AMRC reach a price target of $34. The rating they have provided for AMRC stocks is “Outperform” according to the report published on March 12th, 2024.
AMRC Trading at -3.56% 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 -18.98% of loss for the given period.
Volatility was left at 6.09%, however, over the last 30 days, the volatility rate increased by 7.90%, as shares sank -7.88% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +8.54% upper at present.
During the last 5 trading sessions, AMRC rose by +7.20%, which changed the moving average for the period of 200-days by +36.11% in comparison to the 20-day moving average, which settled at $32.17. In addition, Ameresco Inc saw 1.52% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at AMRC starting from Bakas Michael T, who sale 104 shares at the price of $37.64 back on Sep 19 ’24. After this action, Bakas Michael T now owns 10,939 shares of Ameresco Inc, valued at $3,915 using the latest closing price.
Maltezos Louis P, the Executive Vice President of Ameresco Inc, sale 75 shares at $37.64 during a trade that took place back on Sep 19 ’24, which means that Maltezos Louis P is holding 30,430 shares at $2,823 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
- 0.16 for the gross margin
The net margin for Ameresco Inc stands at 0.04. The total capital return value is set at 0.03. Equity return is now at value 6.48, with 1.63 for asset returns.
Based on Ameresco Inc (AMRC), the company’s capital structure generated 0.64 points at debt to capital in total, while cash flow to debt ratio is standing at 0.02. The debt to equity ratio resting at 1.75. The interest coverage ratio of the stock is 1.21.
Currently, EBITDA for the company is 150.81 million with net debt to EBITDA at 8.94. When we switch over and look at the enterprise to sales, we see a ratio of 2.07. The receivables turnover for the company is 1.74for trailing twelve months and the total asset turnover is 0.38. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.90.
Conclusion
In conclusion, Ameresco Inc (AMRC) has had a better performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others 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.
