Ameresco Inc (NYSE: AMRC) on Monday, soared 3.56% from the previous trading day, before settling in for the closing price of $32.33. Within the past 52 weeks, AMRC’s price has moved between $17.55 and $39.68.
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Annual sales at Industrials sector company grew by 14.48% over the past five years. The company achieved an average annual earnings per share of -8.27%. With a float of $31.95 million, this company’s outstanding shares have now reached $34.28 million.
Let’s look at the performance matrix of the company that is accounted for 1503 employees. In terms of profitability, gross margin is 16.13%, operating margin of 5.77%, and the pretax margin is 1.84%.
Ameresco Inc (AMRC) Insider Updates
Observing investor behavior towards Engineering & Construction industry stocks is more important than anything else. The insider ownership of Ameresco Inc is 39.03%, while institutional ownership is 65.02%. The most recent insider transaction that took place on Sep 19 ’24, was worth 3,915. In this transaction Executive Vice President of this company sold 104 shares at a rate of $37.64, taking the stock ownership to the 10,939 shares. Before that another transaction happened on Sep 19 ’24, when Company’s Executive Vice President sold 75 for $37.64, making the entire transaction worth $2,823. This insider now owns 30,430 shares in total.
Ameresco Inc (AMRC) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around -8.27% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 25.00% during the next five years compared to 7.63% growth over the previous five years of trading.
Ameresco Inc (NYSE: AMRC) Trading Performance Indicators
Ameresco Inc (AMRC) is currently performing well based on its current performance indicators. A quick ratio of 0.89 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.22.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.07, a number that is poised to hit 0.52 in the next quarter and is forecasted to reach 1.90 in one year’s time.
Technical Analysis of Ameresco Inc (AMRC)
Ameresco Inc (NYSE: AMRC) saw its 5-day average volume 0.34 million, a negative change from its year-to-date volume of 0.47 million. As of the previous 9 days, the stock’s Stochastic %D was 65.40%. Additionally, its Average True Range was 1.84.
During the past 100 days, Ameresco Inc’s (AMRC) raw stochastic average was set at 59.16%, which indicates a significant decrease from 68.84% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 73.43% in the past 14 days, which was higher than the 69.42% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $33.18, while its 200-day Moving Average is $27.81. Nevertheless, the first resistance level for the watch stands at $34.24 in the near term. At $35.00, the stock is likely to face the second major resistance level. The third major resistance level sits at $35.74. If the price goes on to break the first support level at $32.74, it is likely to go to the next support level at $32.00. Assuming the price breaks the second support level, the third support level stands at $31.24.
Ameresco Inc (NYSE: AMRC) Key Stats
Market capitalization of the company is 1.84 billion based on 52,403K outstanding shares. Right now, sales total 1,375 M and income totals 62,470 K. The company made 437,980 K in profit during its latest quarter, and 5,010 K in sales during its previous quarter.
