AMRC Stock Summary and Trading Ideas (Ameresco Class A | NYSE:AMRC)

Ameresco Inc provides energy efficiency solutions for facilities in North America and Europe. It focuses on projects that reduce energy, also focuses on the operations and maintenance costs of governmental, educational, utility, healthcare, and other institutional, commercial, and industrial entities facilities. Ameresco distributes solar energy products and systems, such as PV panels, solar regulators, solar charge controllers, inverters, solar-powered lighting systems, solar-powered water pumps, solar panel mounting hardware, and other system components. The company's segment includes U.S. Regions; U.S. Federal; Canada; Alternative Fuels; Non-Solar DG and All Other. It derives a majority of revenue from the U.S. Regions segment.

Ameresco Class A trades on the NYSE stock market under the symbol AMRC.

As of January 28, 2025, AMRC stock price declined to $21.61 with 79,396 million shares trading.

AMRC has a beta of 0.94, meaning it tends to be less sensitive to market movements. AMRC has a correlation of 0.03 to the broad based SPY ETF.

AMRC has a market cap of $1.13 billion. This is considered a Small Cap stock.

Last quarter Ameresco Class A reported $501 million in Revenue and $.32 earnings per share. This beat revenue expectation by $18 million and missed earnings estimates by -$.15.

In the last 3 years, AMRC traded as high as $86.73 and as low as $17.55.

The top ETF exchange traded funds that AMRC belongs to (by Net Assets): VTI, IWM, VB, AVUV, VXF.

AMRC has underperformed the market in the last year with a price return of -2.1% while the SPY ETF gained +25.4%. AMRC has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -29.2% and -10.7%, respectively, while the SPY returned +4.6% and +3.9%, respectively.

AMRC support price is $21.06 and resistance is $22.94 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that AMRC shares will trade within this expected range on the day.