Alert: Negative Investment/Fundamental Signals (11/10/23)-Ameresco Inc (NYSE: AMRC)


Ameresco Inc (NYSE: AMRC) has recently experienced significant negative changes in fundamentals: the consensus estimate for December, 2023 decreased significantly, significant quarterly earnings deceleration occurred, and the consensus estimate for December, 2024 decreased significantly.

Ameresco Inc (NYSE: AMRC) suffers from notable negative changes in investment behavior: negative upside/downside volume developed.

In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.


Current PriceTarget Research Rating

AMRC is expected to continue to be a modest Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.

Ameresco has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Ameresco has a good Appreciation Score of 72 but a poor Power Rating of 29, resulting in the Neutral Value Trend Rating.

Recent Price Action

Ameresco Inc (NYSE: AMRC) stock declined by -1.9% on 11/10/23. The shares closed at $22.29. The stock has been weak relative to the market over the last nine months and has declined -17.9% during the last week.

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