Ameresco Stock Today

AMRC Stock  USD 24.13  1.39  6.11%   

Performance

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Odds Of Distress

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Ameresco is trading at 24.13 as of the 28th of March 2024, a 6.11% increase since the beginning of the trading day. The stock's open price was 22.74. Ameresco has only a 6 % chance of going through financial distress over the next few years, but has generated negative returns over the last 90 days. Equity ratings for Ameresco are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of February 2024 and ending today, the 28th of March 2024. Click here to learn more.
Business Domain
Capital Goods
IPO Date
22nd of July 2010
Category
Industrials
Ameresco, Inc., a clean technology integrator, provides a portfolio of energy efficiency and renewable energy supply solutions in the United States, Canada, and internationally. Ameresco, Inc. was founded in 2000 and is headquartered in Framingham, Massachusetts. The company has 34.28 M outstanding shares of which 4.02 M shares are presently shorted by private and institutional investors with about 8.22 trading days to cover. More on Ameresco

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Ameresco Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Ameresco's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Ameresco or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Chairman, FounderGeorge PE
Thematic IdeaConstruction (View all Themes)
Business ConcentrationConstruction & Engineering, Engineering & Construction, Industrials, NYSE Composite, Construction, Industrials, Construction & Engineering, Engineering & Construction, Industrials (View all Sectors)
Average Analyst Recommendation
Analysts covering Ameresco report their recommendations after researching Ameresco's financial statements, talking to executives and customers, or listening in on Ameresco's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Ameresco. The Ameresco consensus assessment is calculated by taking the average forecast from all of the analysts covering Ameresco.
Financial Strength
Based on the analysis of Ameresco's profitability, liquidity, and operating efficiency, Ameresco may be sliding down financialy. It has an above-average likelihood of going through some form of financial trouble next quarter. Financial strength of Ameresco is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.0160.0168
Notably Down
Pretty Stable
Asset Turnover0.350.3701
Notably Down
Slightly volatile
Gross Profit Margin0.210.1745
Fairly Up
Pretty Stable
Net Debt1.5 B1.4 B
Sufficiently Up
Slightly volatile
Total Current Liabilities946.5 M901.5 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total1.9 B1.8 B
Sufficiently Up
Slightly volatile
Total Assets3.9 B3.7 B
Sufficiently Up
Slightly volatile
Total Current Assets1.1 B1.1 B
Sufficiently Up
Slightly volatile
Ameresco's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Ameresco's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Ameresco's financial leverage. It provides some insight into what part of Ameresco's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Ameresco's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Ameresco deploys its capital and how much of that capital is borrowed.
Liquidity
Ameresco cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company currently holds 1.55 B in liabilities with Debt to Equity (D/E) ratio of 1.79, which is about average as compared to similar companies. Ameresco has a current ratio of 1.72, which is within standard range for the sector. Debt can assist Ameresco until it has trouble settling it off, either with new capital or with free cash flow. So, Ameresco's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Ameresco sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Ameresco to invest in growth at high rates of return. When we think about Ameresco's use of debt, we should always consider it together with cash and equity.

Change To Inventory

610,050
Ameresco (AMRC) is traded on New York Stock Exchange in USA. It is located in 111 Speen Street, Framingham, MA, United States, 01701 and employs 1,503 people. Ameresco is listed under Construction & Engineering category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.08 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Ameresco's market, we take the total number of its shares issued and multiply it by Ameresco's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Ameresco conducts business under Construction & Engineering sector and is part of Industrials industry. The entity has 34.28 M outstanding shares of which 4.02 M shares are presently shorted by private and institutional investors with about 8.22 trading days to cover. Ameresco currently holds about 67.55 M in cash with (69.99 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.3.
Check Ameresco Probability Of Bankruptcy
Ownership Allocation
Ameresco retains a total of 34.28 Million outstanding shares. The majority of Ameresco outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Ameresco to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Ameresco. Please pay attention to any change in the institutional holdings of Ameresco as this could imply that something significant has changed or is about to change at the company. Also note that nearly two million fifty-six thousand nine hundred seventy-four invesors are currently shorting Ameresco expressing very little confidence in its future performance.
Check Ameresco Ownership Details

Ameresco Stock Price Odds Analysis

What are Ameresco's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Ameresco jumping above the current price in 90 days from now is about 41.1%. The Ameresco probability density function shows the probability of Ameresco stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 4.5102. This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Ameresco will likely underperform. Additionally, ameresco has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
  Odds Below 24.13HorizonTargetOdds Above 24.13
58.80%90 days
 24.13 
41.10%
Based on a normal probability distribution, the odds of Ameresco to move above the current price in 90 days from now is about 41.1 (This Ameresco probability density function shows the probability of Ameresco Stock to fall within a particular range of prices over 90 days) .

Ameresco Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Ameresco that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Ameresco's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Ameresco's value.
InstituionRecorded OnShares
Geode Capital Management, Llc2023-12-31
694.4 K
Wellington Management Company Llp2023-12-31
690.9 K
Guinness Asset Management Limited2023-12-31
689 K
Dekabank Deutsche Girozentrale2023-12-31
596.8 K
Candriam Luxembourg S.c.a.2023-12-31
538 K
Granahan Investment Management Inc..2023-12-31
521.7 K
Morgan Stanley - Brokerage Accounts2023-12-31
492 K
Abrdn Plc2023-12-31
452.1 K
Emerald Advisers, Llc2023-12-31
369.7 K
Grantham, Mayo, Van Otterloo & Co., Llc2023-12-31
M
Vanguard Group Inc2023-12-31
3.1 M
View Ameresco Diagnostics

Ameresco Historical Income Statement

Ameresco Income Statement is one of the three primary financial statements used for reporting Ameresco's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Ameresco revenue and expense. Ameresco Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Ameresco's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Income Before Tax is expected to grow to about 39.1 M, whereas Selling General Administrative is forecasted to decline to about 111 M. View More Fundamentals

Ameresco Stock Against Markets

Picking the right benchmark for Ameresco stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Ameresco stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Ameresco is critical whether you are bullish or bearish towards Ameresco at a given time. Please also check how Ameresco's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Ameresco without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Ameresco Corporate Directors

Ameresco corporate directors refer to members of an Ameresco board of directors. The board of directors generally takes responsibility for the Ameresco's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Ameresco's board members must vote for the resolution. The Ameresco board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Frank WisneskiIndependent DirectorProfile
David AndersonExecutive VP of Bus. Devel. and DirectorProfile
Jennifer MillerIndependent DirectorProfile
Francis WisneskiIndependent DirectorProfile

How to buy Ameresco Stock?

Before investing in Ameresco, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Ameresco. To buy Ameresco stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Ameresco. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Ameresco stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Ameresco stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Ameresco stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Ameresco, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Ameresco Stock please use our How to Invest in Ameresco guide.

Already Invested in Ameresco?

The danger of trading Ameresco is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Ameresco is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Ameresco. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Ameresco is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Ameresco offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ameresco's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ameresco Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ameresco Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ameresco. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For information on how to trade Ameresco Stock refer to our How to Trade Ameresco Stock guide.
You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.

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When running Ameresco's price analysis, check to measure Ameresco's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ameresco is operating at the current time. Most of Ameresco's value examination focuses on studying past and present price action to predict the probability of Ameresco's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ameresco's price. Additionally, you may evaluate how the addition of Ameresco to your portfolios can decrease your overall portfolio volatility.
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Is Ameresco's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ameresco. If investors know Ameresco will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ameresco listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.856
Earnings Share
1.17
Revenue Per Share
26.364
Quarterly Revenue Growth
0.331
Return On Assets
0.0163
The market value of Ameresco is measured differently than its book value, which is the value of Ameresco that is recorded on the company's balance sheet. Investors also form their own opinion of Ameresco's value that differs from its market value or its book value, called intrinsic value, which is Ameresco's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ameresco's market value can be influenced by many factors that don't directly affect Ameresco's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ameresco's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ameresco is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ameresco's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.