Ameresco (AMRC) Earns Daily News Sentiment Score of 0.44

News coverage about Ameresco (NYSE:AMRC) has been trending positive this week, AlphaOne Sentiment Analysis reports. AlphaOne, a service of Accern, ranks the sentiment of press coverage by analyzing more than 20 million blog and news sources in real-time. AlphaOne ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Ameresco earned a news impact score of 0.44 on AlphaOne’s scale. AlphaOne also assigned news articles about the utilities provider an impact score of 100 out of 100, indicating that recent press coverage is extremely likely to have an effect on the company’s share price in the next few days.

Several equities research analysts have commented on the stock. Canaccord Genuity reissued a “buy” rating and set a $8.00 price target on shares of Ameresco in a research report on Monday, May 1st. Roth Capital set a $7.00 price target on shares of Ameresco and gave the stock a “hold” rating in a research report on Monday, March 6th. Zacks Investment Research cut shares of Ameresco from a “hold” rating to a “sell” rating in a research report on Wednesday, May 3rd. Finally, Oppenheimer Holdings Inc. set a $9.00 price target on shares of Ameresco and gave the stock a “buy” rating in a research report on Thursday, March 2nd. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. The stock presently has an average rating of “Buy” and an average target price of $8.19.

Ameresco (NYSE:AMRC) last released its quarterly earnings results on Tuesday, May 2nd. The utilities provider reported ($0.04) earnings per share for the quarter, missing the consensus estimate of $0.02 by $0.06. Ameresco had a return on equity of 5.94% and a net margin of 1.50%. The firm had revenue of $134.61 million for the quarter, compared to analysts’ expectations of $131.95 million.

In other news, Director Thomas S. Murley purchased 4,000 shares of the business’s stock in a transaction that occurred on Monday, May 8th. The shares were acquired at an average cost of $6.85 per share, for a total transaction of $27,400.00. Following the completion of the acquisition, the director now owns 4,000 shares in the company, valued at $27,400. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Louis P. Maltezos sold 23,175 shares of the business’s stock in a transaction dated Tuesday, May 16th. The stock was sold at an average price of $6.65, for a total transaction of $154,113.75. Following the transaction, the insider now owns 23,175 shares in the company, valued at $154,113.75. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 92,700 shares of company stock worth $577,289. 54.16% of the stock is owned by corporate insiders.

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Ameresco Company Profile

Ameresco, Inc (Ameresco) is a provider of a range of energy services, including energy efficiency, infrastructure upgrades, energy security and resilience, asset sustainability and renewable energy solutions for businesses and organizations throughout North America and Europe. Ameresco’s sustainability services include capital and operational upgrades to a facility’s energy infrastructure and the development, construction, ownership and operation of renewable energy plants.

12 Month Chart for NYSE:AMRC

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