Alert: Negative Investment/Fundamental Signals (11/21/23)-Ameresco Inc (NYSE: AMRC)


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

Significant negative changes in investment behavior have recently occurred for Ameresco Inc (NYSE: AMRC): 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

With future capital returns forecasted to be above the cost of capital, AMRC is expected to continue to be a modest Value Builder.

Ameresco has a current Value Trend Rating of C (Low Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing contradictory signals. Ameresco has a slightly positive Appreciation Score of 61 but a poor Power Rating of 28, and the Low Neutral Value Trend Rating results.

Recent Price Action

Ameresco Inc (NYSE: AMRC) stock suffered a very large decline of -5.3% on 11/21/23. The shares closed at $27.75. The stock has risen 23.3% during the last week but has been weak relative to the market over the last nine months.

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