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How to Buy Ameresco Stock

Ameresco Inc

Ameresco is a engineering & construction company located in Massachusetts, United States, which is part of the Industrials sector, and is traded under the ticker AMRC on the NYSE exchange.

Ameresco stock last closed at $24.13, up 6.11% from the previous day, and has decreased 46.92% in one year. It has underperformed other stocks in the Engineering & Construction industry by 1.06 percentage points. Ameresco stock is currently +37.49% from its 52-week low of $17.55, and -61.81% from its 52-week high of $63.19.

At the moment, there are 52.28M shares of AMRC outstanding. The market value of AMRC is $1.26B. In the last 24 hours, 655,791 AMRC shares were traded.

How to Buy Ameresco Stock

Not sure how to invest in Ameresco stock? Here's how.
  1. Figure out where to buy Ameresco stock: You need to choose a stock brokerage, but don't worry - we've researched dozens of online brokerages and apps to help you choose where to buy Ameresco stock.
  2. Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
  3. Put funds into your investment account: Choose your method of payment and add your details.
  4. Evaluate Ameresco stock: The Ameresco ticker symbol is AMRC. Is Ameresco stock a good investment? Should you buy shares of AMRC? How do AMRC's underlying business fundamentals look? Do top analysts think Ameresco is a good buy? Why has AMRC's stock price moved recently? (Hint: Our stock analysis website can help you figure out if AMRC is a good stock to buy).
  5. Place your AMRC purchase: Decide if you will purchase AMRC shares at the current market price or use a limit order to buy AMRC stock at a specific price.
  6. Get the latest news on your AMRC investment: Create a watchlist to get the latest news on your new investment in Ameresco stock.

Step 1: Figure out where to buy Ameresco stock

You need a brokerage account in order to access the NYSE market and buy AMRC shares.

A brokerage account is an investment account that enables you to buy and sell a number of financial instruments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Sign up for a brokerage account

Now that you've selected your brokerage, it's time to fill out some personal information so you can invest in AMRC stock today.

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Step 3: Put funds into your investment account

Now that you've opened your account on our top ranked stock trading app, you need to deposit funds:

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Step 4: Evaluate Ameresco stock

After you have decided on the best place to buy Ameresco stock, it's crucial to research their stock prior to buying, so you truly wrap your head around the risk as well as the opportunity.

Ameresco shares quick numbers

AMRC Price
$24.13
1w %
18.52%
1y %
-46.92%
5y %
48.86%
P/E
20.11x
P/B
1.4x
P/S
0.92x
PEG
0.28x
Revenue
$1.37B
Earnings
$62.47M
Fore. Rev. Growth
18.7%
Fore. Earn. Growth
88.33%
Market Cap
$1.26B
Next Earnings
Apr 29, 2024
Next Dividend
N/A

Ameresco Overview

WallStreetZen was built to help average investors do better fundamental analysis quickly.

You can see all of the due diligence checks on AMRC's stock page.

How is AMRC stock valued?

You can use a variety of different financial metrics, analyses, models, and charts to gauge AMRC's true value.

Using relative valuations ratios:

  • AMRC could be undervalued based on its P/E ratio of 20.11x, relative to Engineering & Construction industry P/E ratio of 34.45x
  • AMRC may be undervalued based on its P/B ratio of 1.4x, relative to Engineering & Construction industry P/B ratio of 4.33x
  • AMRC could be undervalued based on its PEG ratio of 0.28x

You can do more valuation analysis on AMRC's stock here.

How do AMRC Financials look?

Positive Health Checks:

  • There are more short-term assets than short-term liabilities on the AMRC balance sheet.

Negative Health Checks:

  • AMRC has $141.58M in cash and short term investments. This is not sufficient to cover its annual cash burn of $621.76M.
  • There are more long-term liabilities than short-term assets on the AMRC balance sheet.
  • AMRC profit margin has gone down from 5.2% to 4.5% in the past year.
  • AMRC has cash burn of 621758000. It does not have enough cash and short-term investments to cover this.
  • Total AMRC debt is higher than 5 years ago, relative to shareholder equity.
  • AMRC has a relatively high debt to equity ratio of 3.09.

Is Ameresco stock a Buy, Hold, or Sell, according to Wall Street analysts?

Out of 9 Equities analysts who give forecasts on AMRC, the consensus analyst rating on Ameresco is a Strong Buy

Please note that analyst forecasts are not recommendations, nor are they financial advice.

Latest AMRC Analyst Forecasts

Pavel Molchanov, a bottom 1% analyst from Raymond James maintains AMRC with a buy rating and lowers their AMRC price target from $55.00 to $40.00, on Nov 7, 2023.

Craig Irwin, a bottom 3% analyst from Roth MKM upgrades AMRC to a strong buy rating and announces their AMRC price target of $44.00, on Oct 25, 2023.

Moses Sutton, a bottom 28% analyst from Exane BNP Paribas initiates coverage on AMRC with a hold rating and announces their AMRC price target of $43.00, on Oct 20, 2023.

Noah Kaye, a top 22% analyst from Oppenheimer maintains AMRC with a buy rating and lowers their AMRC price target from $67.00 to $55.00, on Oct 12, 2023.

You can dig deeper into what analysts are forecasting on the Ameresco stock forecast page.

AMRC Technical Indicators

SMA10
20.96
SMA20
20.48
SMA50
21.35
SMA100
25.14
SMA200
34.66
MACD
0.07
MACD Signal
-0.38
MACD Histogram
0.45
RSI
64.03
Stochastic %K
79.21
Stochastic %D
59.39
StochRSI %K
93.98
StochRSI %D
68.99

AMRC Revenue

Last year, AMRC earnings were $62.47M. Over the last five year, AMRC's earnings have gone up by 7.65% per year. This was slower than the Engineering & Construction industry average of 19.17%.

Last year, AMRC revenue was $1.37B. During the last five year, AMRC's revenue has gone up by 11.8% per year. This was faster than the Engineering & Construction industry average of 10.77%.

Dive into AMRC's earnings and revenue performance here.

Are AMRC executives and large shareholders buying or selling the stock?

Over the last 12 months, executives and large shareholders at AMRC have bought more shares than they have sold.

Michael T. Bakas, Executive Vice President of AMRC, was the latest AMRC insider to sell. They sold $2,217.24 worth of AMRC shares on Mar 19, 2024.

Learn more about who owns AMRC shares here.

Does AMRC stock generate passive income?

No, Ameresco doesn't provide an income stream by paying out dividends.

AMRC Social Trading Data

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Step 5: Place your AMRC purchase

There are two main options:

  • Market order: A market order is an order to buy or sell a security at the best possible price.
    Market orders are usually the easiest way to buy.
  • Limit order: A limit order lets you buy or sell a security at a specific price (or better).
    If you want to be sure you're buying or selling at a particular price limit, place a limit order.

Hit the Open Trade button and eToro will place your order.

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Step 6: Get the latest news on your AMRC investment

Now that you own some shares in AMRC, you'll want to keep up with your new company.

Add AMRC to a watchlist to monitor your AMRC stock.

AMRC Feed

How to Buy Stock in Ameresco

To summarize, here are the 6 steps to buy stock in Ameresco:

  1. Figure out where to buy Ameresco stock
  2. Sign up for a brokerage account
  3. Put funds into your investment account
  4. Evaluate Ameresco stock
  5. Place your AMRC purchase
  6. Get the latest news on your AMRC investment

If you need a brokerage account, eToro is our favorite option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to get notifications regarding your new investment in Ameresco, add AMRC to your watchlist by clicking the button below.

NYSE: AMRC
$24.13+1.39 (+6.11%)
Updated Mar 28, 2024
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NYSE: AMRC
$24.13+1.39 (+6.11%)
Updated Mar 28, 2024
Open eToro Account

FAQ

How much does it cost to buy one Ameresco share?

As of Mar 28, 2024, it costs $24.13 to buy one share of Ameresco stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.414 shares of AMRC.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Ameresco stock?

According to 9 Wall Street analysts who monitor Ameresco, their consensus recommendation is to buy Ameresco stock.

What is the best way to buy Ameresco stock?

One way to place an order for Ameresco stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.