Ameresco Inc (NYSE: AMRC) has reported E.P.S. of $0.34 for its third fiscal quarter (ending September 30) versus $0.41 for the same period a year ago — a decline of -17%. For the latest four quarters through September 30, E.P.S. were $1.02 versus $0.89 for the same period a year ago — an increase of 15%.
Recent Price Action
Ameresco Inc (NYSE: AMRC) stock closed at $31.64 on 11/7/24 after a modest decline of -1.6%. Moreover, unusually high trading volume at 177% of normal accompanied the decline. The stock has risen 5.5% during the last week and has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to exceed the cost of capital, AMRC is expected to continue to be a modest Value Builder.
Ameresco has a current Value Trend Rating of A (Highest Rating). This rating combines complementary signals from two proprietary PTR measures of a stock’s attractiveness. Ameresco has a slightly positive Appreciation Score of 62 and a very high Power Rating of 97, leading to the Highest Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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