Stock Rating Downgrade
The Value Trend Rating for Ameresco Inc (NYSE: AMRC) weakened recently from C to D reflecting eroding fundamentals and low Appreciation Potential. Details supporting this lower rating are included in our next report.
Recent Price Action
Ameresco Inc (NYSE: AMRC) stock enjoyed a very large increase of 5.9% on 12/1/23. The shares closed at $31.72. NORMAL trading volume accompanied the advance. The stock has been weak relative to the market over the last nine months but has risen 10.5% during the last week.
Current PriceTarget Research Rating
AMRC's future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a modest Value Builder.
Ameresco has a current Value Trend Rating of D (Negative). This rating combines inconsistent signals from two proprietary PTR measures of a stock's attractiveness. Ameresco has a neutral Appreciation Score of 57 but a poor Power Rating of 27, and the Negative Value Trend Rating results.