Ameresco downgraded by UBS with a new price target

$AMRC
Engineering & Construction
Consumer Discretionary
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Recent Analyst Ratings for
$AMRC

DatePrice TargetRatingAnalyst
3/4/2025$37.00 → $8.00Buy → Sell
UBS
9/4/2024$33.00Hold
Jefferies
3/12/2024$34.00Neutral → Outperform
Exane BNP Paribas
2/29/2024Buy → Neutral
Guggenheim
12/15/2023$29.00 → $37.00Buy → Neutral
BofA Securities
11/7/2023Outperform → Perform
Oppenheimer
11/7/2023Outperform → Mkt Perform
William Blair
10/25/2023$44.00Neutral → Buy
ROTH MKM
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$AMRC
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  • Ameresco Partners with the City of Brockton to Modernize Historic Buildings and Promote Sustainability

    The ESPC Projects to Improve Air Quality and Energy Efficiency Across Multiple City Buildings Ameresco, Inc., (NYSE:AMRC), a leading energy solutions provider dedicated to helping customers navigate the energy transition, today announced its ongoing partnership with the City of Brockton to preserve and modernize some of the City's most treasured buildings. Through this collaboration, Ameresco has been instrumental in making these buildings more energy-efficient and healthier for their occupants and visitors. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250313983891/en/Generational projects underway to preserve the city's herit

    $AMRC
    Engineering & Construction
    Consumer Discretionary
  • Ameresco to Participate at Upcoming Conferences

    Ameresco, Inc. (NYSE:AMRC), a leading energy solutions provider dedicated to helping customers navigate the energy transition, today announced that members of its management team will attend the following investor conferences: On March 4, 2025, Ameresco's Executive Vice President, Chief Financial Officer, and Chief Accounting Officer, Mark Chiplock, and Senior Vice President, Finance and Corporate Treasury, Josh Baribeau, will host investor meetings at Raymond James' 46th Annual Institutional Investors Conference. This event will take place at the JW Marriott Grande Lakes in Orlando, FL. On March 5, 2025, Ameresco's Executive Vice President, Chief Financial Officer, and Chief Accounti

    $AMRC
    Engineering & Construction
    Consumer Discretionary
  • Ameresco Announces Acquisition of ASA Controls Expanding Smart Buildings and Controls Expertise

    The acquisition strengthens Ameresco's Smart Buildings and Controls offerings, enhancing its ability to deliver innovative and efficient solutions Ameresco, Inc., (NYSE:AMRC), a leading energy solutions provider dedicated to helping customers navigate the energy transition, today announced the successful acquisition of ASA Controls, a regional controls contractor and systems integrator based in Cincinnati, Ohio. With this acquisition, Ameresco expands its existing pipeline and solution offerings in the smart buildings sector. ASA Controls, founded in 2003, has built a strong reputation for providing high-quality services to general contractors and end users across the region. With a ded

    $AMRC
    Engineering & Construction
    Consumer Discretionary

$AMRC
Analyst Ratings

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$AMRC
Insider Purchases

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$AMRC
Insider Trading

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$AMRC
SEC Filings

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$AMRC
Leadership Updates

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  • Ameresco, Republic Services and PG&E Celebrate the Opening of California's Largest Landfill Gas to Renewable Natural Gas Plant

    This First-of-its-kind 11.7Mwe Energy Asset plant in the U.S. will be powered by co-located LFG-to-Electric Plant Facility is designed to reduce 62,000 metric tons of carbon emissions annually while increasing energy resiliency and supporting California's renewable energy and decarbonization goals Ameresco, Inc., (NYSE:AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, Republic Services, Inc. (NYSE:RSG) and Pacific Gas and Electric Company (PG&E) (NYSE:PCG), today celebrated the ribbon cutting for California's largest and most resilient landfill gas (LFG) to renewable natural gas (RNG) plant, located at the Keller Canyon Landfill in Pittsburg, CA

    $AMRC
    $PCG
    $RSG
    Engineering & Construction
    Consumer Discretionary
    Power Generation
    Utilities
  • Ameresco Announces Appointment of Charles R. Patton to Board of Directors

    New board appointment expands cleantech integrator's expertise in providing utility and corporate sustainability solutions Ameresco, Inc., (NYSE:AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, today announced the appointment of Charles R. Patton to its Board of Directors. Patton brings with him more than three decades of leading corporate sustainability initiatives, overseeing public policy and affairs, and enhancing business operations for a number of organizations across the industry. Patton served as the Executive Vice President, External Affairs of American Electric Power Company, Inc. (NASDAQ:AEP), one of the largest electric utility or

    $AEP
    $AMRC
    Electric Utilities: Central
    Utilities
    Engineering & Construction
    Consumer Discretionary
  • Ameresco Appoints Lenka Patten as Senior Vice President and Chief Human Resources Officer

    Patten comes to Ameresco with a 20-year track record of implementing integrated human resource strategies Ameresco, Inc., (NYSE:AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, today announced that it has appointed Lenka Patten as its new Senior Vice President and Chief Human Resources Officer. With 20 years of forward-thinking human capital experience, Patten comes to Ameresco with a proven track record of implementing integrated human resource strategies that put people first and support the overall mission and vision of organizations. In her new role, Patten will serve as a strategic member of the Ameresco executive management team, leading

    $AMRC
    Engineering & Construction
    Consumer Discretionary

$AMRC
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  • Ameresco Reports Fourth Quarter and Full Year 2024 Financial Results

    FY24 Total Revenue Growth of 29% Total Project Backlog up 24% Y/Y to $4.8 billion Record Q4 Contract Conversions of $1.1 billion Drives Y/Y Contracted Backlog up 92% Record 241 MWe Energy Assets Placed in Operation During 2024 Full Year and Fourth Quarter 2024 Financial Highlights: Revenues of $1,769.9 million and $532.7 million Net income attributable to common shareholders of $56.8 million and $37.1 million GAAP EPS of $1.07 and $0.70 Non-GAAP EPS of $1.20 and $0.88 Adjusted EBITDA of $225.3 million and $87.2 million Ameresco, Inc. (NYSE:AMRC), a leading energy solutions provider dedicated to helping customers navigate the energy transition, today announced finan

    $AMRC
    Engineering & Construction
    Consumer Discretionary
  • Ameresco to Announce Fourth Quarter and Full Year 2024 Financial Results on February 27, 2025

    Ameresco, Inc. (NYSE:AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, today announced that it will release its fourth quarter and full year 2024 financial results after the close of the market on Thursday, February 27, 2025. The earnings press release will be available on the "Investor Relations" section of the Company's website at www.ameresco.com. The Company will host an earnings conference call at 4:30 p.m. EDT the same day. In conjunction with its earnings conference call and press release, the Company will provide supplemental information concerning the financial results. The supplemental information on a Current Report on Form 8-K will b

    $AMRC
    Engineering & Construction
    Consumer Discretionary
  • ICF Acquires Applied Energy Group from Ameresco, Inc.

    Accretive Transaction of Leading Energy Technology Provider Expands ICF's Utility and State & Local Government CapabilitiesDivestiture Allows Ameresco to Focus on Core Projects, Asset and O&M Businesses RESTON, Va. and FRAMINGHAM, Mass., Jan. 7, 2025 /PRNewswire/ -- ICF (NASDAQ:ICFI), a global consulting and technology services provider, today announced it has acquired Applied Energy Group (AEG), a leading energy technology and advisory services company with over 100 utility management and demand-side energy experts from Ameresco (NYSE:AMRC). AEG provides a suite of integrated technology and advisory solutions to a growing set of electric and gas utilities, state and local governments, and s

    $AMRC
    $ICFI
    Engineering & Construction
    Consumer Discretionary
    Professional Services

$AMRC
Large Ownership Changes

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