Are Ameresco, Inc. (AMRC) Shares Headed For A Pullback?

On Monday, shares of Ameresco, Inc. (NYSE:AMRC) marked $28.29 per share versus a previous $28.55 closing price. With having a -0.91% loss, an insight into the fundamental values of Ameresco, Inc., investors would also find a great ally in the technical patterns of the stock movements showed in stock charts. AMRC showed a rise of 61.66% within its YTD performance, with highs and lows between $13.11 – $32.48 during the period of 52 weeks, compared to the simple moving average of 50.21% in the period of the last 200 days.

B. Riley FBR equity researchers changed the status of Ameresco, Inc. (NYSE: AMRC) shares to a “Buy” rating in the report published on June 12th, 2020. Other analysts, including Craig Hallum, also published their reports on AMRC shares. Craig Hallum repeated the rating from the previous report, marking AMRC under “Buy” rating, in the report published on June 9th, 2020. Additionally, AMRC shares got another “Strong Buy” rating from Raymond James, setting a target price of $20 on the company’s shares, according to the report published in November 22nd, 2019. On March 14th, 2019, B. Riley FBR Resumed an Buy rating and increased its price target to $19. On the other hand, B. Riley FBR Reiterated the “Buy” rating for AMRC shares, as published in the report on March 7th, 2019. ROTH Capital seems to be going bullish on the price of AMRC shares, based on the price prediction for AMRC, indicating that the shares will jump from $16 to $19, giving the shares “Buy” rating based on their report from March 4th, 2019. Another “Buy” rating came from B. Riley FBR.

Ameresco, Inc. (AMRC) Analysis

The present dividend yield for AMRC owners is set at 0, marking the return investors will get regardless of the company’s performance in the upcoming period. In addition, the growth of sales from quarter to quarter is recording 41.50%, hinting the company’s progress in the upcoming progress.

In order to gain a clear insight on the performance of Ameresco, Inc. (AMRC) as it may occur in the future, there are more than several well-rounded types of analysis and research techniques, while equity is most certainly one of the more important indicators into the company’s growth and performance. In this case, you want to make sure that the return on the present equity of 11.20% is enough for you to make a profit out of your investment. You may also count in the quick ratio of the company, currently set at 1.40 so you would make sure that the company is able to cover the debts it may have, which can be easily seen in annual reports of the company.

Set to affect the volatility of a given stock, the average volume can also be a valuable indicator, while AMRC is currently recording an average of 322.22K in volumes. The volatility of the stock on monthly basis is set at 5.92%, while the weekly volatility levels are marked at 4.33%with -3.55% of loss in the last seven days. Additionally, long-term investors are predicting the target price of $27.50, indicating growth from the present price of $28.29, which can represent yet another valuable research and analysis points that can help you decide whether to invest in AMRC or pass.

What to Look for When Analyzing Ameresco, Inc. Shares?

Ameresco, Inc. (AMRC) is based in the USA and it represents one of the well-known company operating with Industrials sector. If you wish to compare AMRC shares with other companies under Electronic Equipment and Consumer Goods, a factor to note is the P/E value of 29.20 for Ameresco, Inc., while the value 26.37 can represent an indicator in the future growth of the company in terms of investor’s expectations. The later value should have a steady growth rate, increasing and growing gradually, which serves the purpose of reliably showcasing the progress of the company. The value 0.97 is supported by the yearly EPS growth of 14.70%.

Besides from looking into the fundamentals, you should also note the number of people inside the company owning the shares, as the values should be in line with the expectations of investors. In that spirit, the present ownership of stocks inside the company is set at 10.40%, which can provide you with an insight of how involved executives are in owning shares of the company. In oppose to the executives’ share, the institutional ownership counts 64.00% of shares, carrying an equal significance as an indicator of value, as the presence of large investors may signal a strong company.

Are Institutional Investors Increasing Stakes in AMRC Shares?

It appears that more than several institutional investors and hedge funds decided to increase stakes in AMRC in the recent period. That is how Handelsbanken Fonder AB now has an increase position in AMRC by 191.65% in the first quarter, owning 1.88 million shares of AMRC stocks, with the value of $40.24 million after the purchase of an additional 1,232,177 shares during the last quarter. In the meanwhile, Dimensional Fund Advisors LP also increased their stake in AMRC shares changed 0.16% in the first quarter, which means that the company now owns 1.59 million shares of company, all valued at $34.19 million after the acquisition of additional 2,605 shares during the last quarter.

BlackRock Fund Advisors acquired a new position in Ameresco, Inc. during the first quarter, with the value of $30.52 million, and The Vanguard Group, Inc. increased their stake in the company’s shares by 5.87% in the first quarter, now owning 50,277 shares valued at $19.46 million after the acquisition of the additional 906959 shares during the last quarter. In the end, Bandera Partners LLC increased their position by 0.00% during the first quarter, now owning 719554 AMRC shares, now holding the value of $15.44 million in AMRC with the purchase of the additional 66,060 shares during the period of the last quarter. At the present, 64.00% of AMRC shares are in the ownership of institutional investors.