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.
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.
Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
Put funds into your investment account: Choose your method of payment and add your details.
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).
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.
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 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.
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.
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%.
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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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.
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.