Ameresco (AMRC)

• Market cap: $1.17B
• 1 day: 1.13%
• 5 days: -9.59%
• 1 month: -16.45%
• 3 months: -38.04%
• 6 months: -33.02%
• Year to date: -28.80%
• 1 year: -27.13%
• 5 years: 32.64%
• 10 years: 216.57%
• Sector: Industrials
• Industry: Construction Special Trade Contractors

About: 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.

Employees: 1,503

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

882% more call options, than puts

Call options by funds: $18M | Put options by funds: $1.84M

150% more funds holding in top 10

Funds holding in top 10: 2 [Q2] → 5 (+3) [Q3]

26% more capital invested

Capital invested by funds: $971M [Q2] → $1.22B (+$253M) [Q3]

5% less repeat investments, than reductions

Existing positions increased: 61 | Existing positions reduced: 64

2% less funds holding

Funds holding: 184 [Q2] → 181 (-3) [Q3]

3.92% less ownership

Funds ownership: 97.81% [Q2] → 93.89% (-3.92%) [Q3]

11% less first-time investments, than exits

New positions opened: 24 | Existing positions closed: 27

Research analyst outlook

3 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $34 52% upside
• Avg. target: $38 70% upside
• High target: $42 88% upside

3 analyst ratings

• positive: 3 100%
• neutral: 0 0%
• negative: 0 0%

Stifel Stephen Gengaro 50% 1-year accuracy 41 / 82 met price target	52% upside $34	Buy Maintained	11 Nov 2024
Piper Sandler Kashy Harrison 39% 1-year accuracy 16 / 41 met price target	70% upside $38	Overweight Maintained	22 Oct 2024
Baird Ben Kallo 53% 1-year accuracy 21 / 40 met price target	88% upside $42	Outperform Maintained	23 Sept 2024