AMRC Stock Forecast: All the More Reason to Consider Ameresco Inc (AMRC) Now

Ameresco Inc (NYSE: AMRC) is -30.39% lower on its value in year-to-date trading and has touched a low of $8.49 and a high of $39.68 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The AMRC stock was last observed hovering at around $17.76 in the last trading session, with the day’s gains setting it 0.2%.

Currently trading at $17.96, the stock is 12.52% and 21.59% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.56 million and changing 1.13% at the moment leaves the stock -12.56% off its SMA200. AMRC registered -23.51% loss for a year compared to 6-month loss of -36.24%. The firm has a 50-day simple moving average (SMA 50) of $14.7706 and a 200-day simple moving average (SMA200) of $20.5389.

The stock witnessed a 14.91% gain in the last 1 month and extending the period to 3 months gives it a 66.14%, and is 6.84% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 6.80% over the week and 5.97% over the month.

Ameresco Inc (AMRC) has around 1509 employees, a market worth around $944.76M and $1.82B in sales. Current P/E ratio is 17.70 and Fwd P/E is 15.04. Profit margin for the company is 2.97%. Distance from 52-week low is 111.43% and -54.74% from its 52-week high. The company has generated returns on investments over the last 12 months (2.05%).

The EPS is expected to shrink by -32.69% this year.

Ameresco Inc (AMRC) Top Institutional Holders

266.0 institutions hold shares in Ameresco Inc (AMRC), with institutional investors hold 100.72% of the company’s shares. The shares outstanding are 34.60M, and float is at 31.74M with Short Float at 9.15%. Institutions hold 92.17% of the Float.

The top institutional shareholder in the company is GRANTHAM, MAYO, VAN OTTERLOO & CO. LLC with over 4.27 million shares valued at $122.93 million. The investor’s holdings represent 8.1497% of the AMRC Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 3.14 million shares valued at $90.58 million to account for 6.005 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 2.4 million shares representing 4.5824% and valued at over $69.12 million, while MACQUARIE GROUP LTD holds 3.2746 of the shares totaling 1.71 million with a market value of $49.39 million.

Ameresco Inc (AMRC) Insider Activity

The most recent transaction is an insider sale by Chiplock Mark,the company’sEVP, CFO & CAO. SEC filings show that Chiplock Mark sold 95 shares of the company’s common stock on Mar 19 ’25 at a price of $11.92 per share for a total of $1132.0. Following the sale, the insider now owns 708.0 shares.

Ameresco Inc disclosed in a document filed with the SEC on Mar 19 ’25 that Corrsin David J (EVP and General Counsel) sold a total of 64 shares of the company’s common stock. The trade occurred on Mar 19 ’25 and was made at $11.92 per share for $763.0. Following the transaction, the insider now directly holds 471.0 shares of the AMRC stock.

Still, SEC filings show that on Mar 19 ’25, Corrsin David J (EVP and General Counsel) disposed off 36 shares at an average price of $11.92 for $429.0. The insider now directly holds 317 shares of Ameresco Inc (AMRC).

Related Posts

News RTS
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.