News articles about Ameresco (NYSE:AMRC) have trended somewhat positive this week, Accern Sentiment reports. The research firm identifies positive and negative press coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Ameresco earned a news impact score of 0.05 on Accern’s scale. Accern also gave headlines about the utilities provider an impact score of 46.1463561095797 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
These are some of the news headlines that may have impacted Accern Sentiment’s scoring:
- Critical Contrast: Ameresco (AMRC) and Brookfield Business Partners (BBU) (americanbankingnews.com)
- Head-To-Head Survey: Argan (AGX) and Ameresco (AMRC) (americanbankingnews.com)
- Reviewing Brookfield Business Partners (BBU) & Ameresco (AMRC) (americanbankingnews.com)
- Ameresco (AMRC) versus Chicago Bridge & Iron (CBI) Head-To-Head Review (americanbankingnews.com)
- Louis P. Maltezos Sells 5,000 Shares of Ameresco (AMRC) Stock (americanbankingnews.com)
Several analysts have recently issued reports on AMRC shares. Canaccord Genuity upped their price target on Ameresco from $11.50 to $13.50 and gave the stock a “buy” rating in a research note on Friday, April 27th. Oppenheimer upped their price target on Ameresco from $11.00 to $13.00 and gave the stock an “outperform” rating in a research note on Wednesday, May 2nd. Roth Capital set a $13.00 price target on Ameresco and gave the stock a “buy” rating in a research note on Wednesday, March 7th. ValuEngine downgraded Ameresco to a “strong-buy” rating in a research note on Monday, April 2nd. Finally, Zacks Investment Research downgraded Ameresco from a “buy” rating to a “hold” rating in a research note on Tuesday, May 8th. One analyst has rated the stock with a sell rating, one has assigned a hold rating and four have given a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average target price of $12.63.
Ameresco (NYSE:AMRC) last released its quarterly earnings results on Tuesday, May 1st. The utilities provider reported $0.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.04 by $0.12. The company had revenue of $167.40 million during the quarter, compared to the consensus estimate of $140.03 million. Ameresco had a return on equity of 13.66% and a net margin of 6.02%. The firm’s revenue was up 24.4% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.04 EPS. equities research analysts forecast that Ameresco will post 0.66 earnings per share for the current year.
In related news, EVP Louis P. Maltezos sold 5,000 shares of the stock in a transaction that occurred on Wednesday, March 21st. The stock was sold at an average price of $11.95, for a total transaction of $59,750.00. Following the completion of the sale, the executive vice president now owns 5,000 shares in the company, valued at approximately $59,750. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Joseph P. Demanche sold 31,425 shares of the stock in a transaction that occurred on Tuesday, March 6th. The shares were sold at an average price of $9.71, for a total value of $305,136.75. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 378,240 shares of company stock valued at $4,455,921. 57.93% of the stock is owned by corporate insiders.
Ameresco Company Profile
Ameresco, Inc provides comprehensive energy services for businesses and organizations in North America and Europe. It offers energy efficiency, infrastructure upgrades, energy security and resilience, asset sustainability, and renewable energy solutions. The company operates through U.S. Regions, U.S.
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