Ameresco AMRC has been analyzed by 8 analysts in the last three months, revealing a diverse range of perspectives from bullish to bearish.
The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.
Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
---|---|---|---|---|---|
Total Ratings | 4 | 4 | 0 | 0 | 0 |
Last 30D | 1 | 0 | 0 | 0 | 0 |
1M Ago | 2 | 1 | 0 | 0 | 0 |
2M Ago | 0 | 2 | 0 | 0 | 0 |
3M Ago | 1 | 1 | 0 | 0 | 0 |
In the assessment of 12-month price targets, analysts unveil insights for Ameresco, presenting an average target of $34.12, a high estimate of $39.00, and a low estimate of $30.00. This current average represents a 9.93% decrease from the previous average price target of $37.88.
Investigating Analyst Ratings: An Elaborate Study
A clear picture of Ameresco's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
---|---|---|---|---|---|
William Grippin | UBS | Raises | Buy | $39.00 | $36.00 |
Stephen Gengaro | Stifel | Lowers | Buy | $32.00 | $35.00 |
Ben Kallo | Baird | Raises | Outperform | $32.00 | $28.00 |
Christopher Souther | Truist Securities | Lowers | Buy | $37.00 | $40.00 |
Kashy Harrison | Piper Sandler | Lowers | Overweight | $30.00 | $32.00 |
Pavel Molchanov | Raymond James | Lowers | Outperform | $35.00 | $40.00 |
Kashy Harrison | Piper Sandler | Lowers | Overweight | $32.00 | $42.00 |
George Gianarikas | Canaccord Genuity | Lowers | Buy | $36.00 | $50.00 |
Key Insights:
- Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Ameresco. This information offers a snapshot of how analysts perceive the current state of the company.
- Rating: Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of Ameresco compared to the broader market.
- Price Targets: Analysts navigate through adjustments in price targets, providing estimates for Ameresco's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.
To gain a panoramic view of Ameresco's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.
Stay up to date on Ameresco analyst ratings.
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All You Need to Know About Ameresco
Ameresco Inc provides energy efficiency solutions for facilities in North America and Europe. It focuses on projects that reduce energy, also focuses on the operations and maintenance costs of governmental, educational, utility, healthcare, and other institutional, commercial, and industrial entities facilities. Ameresco distributes solar energy products and systems, such as PV panels, solar regulators, solar charge controllers, inverters, solar-powered lighting systems, solar-powered water pumps, solar panel mounting hardware, and other system components. The company's segment includes U.S. Regions; U.S. Federal; Canada; Alternative Fuels; Non-Solar DG and All Other. It derives a majority of revenue from the U.S. Regions segment.
Financial Milestones: Ameresco's Journey
Market Capitalization Analysis: The company exhibits a lower market capitalization profile, positioning itself below industry averages. This suggests a smaller scale relative to peers.
Revenue Growth: Ameresco's remarkable performance in 3 months is evident. As of 31 March, 2024, the company achieved an impressive revenue growth rate of 10.1%. This signifies a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Industrials sector.
Net Margin: Ameresco's net margin lags behind industry averages, suggesting challenges in maintaining strong profitability. With a net margin of -0.99%, the company may face hurdles in effective cost management.
Return on Equity (ROE): Ameresco's ROE is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of -0.33%, the company may encounter challenges in delivering satisfactory returns for shareholders.
Return on Assets (ROA): Ameresco's ROA lags behind industry averages, suggesting challenges in maximizing returns from its assets. With an ROA of -0.08%, the company may face hurdles in achieving optimal financial performance.
Debt Management: With a high debt-to-equity ratio of 1.79, Ameresco faces challenges in effectively managing its debt levels, indicating potential financial strain.
The Significance of Analyst Ratings Explained
Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.
Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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