Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Ameresco Inc before investing.

In this article, we go over a few key elements for understanding Ameresco Inc’s stock price such as:

• Ameresco Inc’s current stock price and volume
• Why Ameresco Inc’s stock price changed recently
• Upgrades and downgrades for AMRC from analysts
• AMRC’s stock price momentum as measured by its relative strength

About Ameresco Inc (AMRC)

Before we jump into Ameresco Inc’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

Ameresco, Inc. is a cleantech integrator and renewable energy asset developer, owner and operator. The Company’s comprehensive portfolio includes energy efficiency, infrastructure upgrades, asset sustainability and renewable energy solutions delivered to clients throughout North America and Europe. The Company’s segments include U.S. Regions, U.S. Federal, Canada, Alternative Fuels, Europe and All Other. Its U.S. Regions, U.S. Federal, Canada, and Europe segments offer energy efficiency products and services which include the design, engineering and installation of equipment and other measures. Its Alternative Fuels segment sells electricity and processed renewable natural gas (RNG) derived from biomethane from small-scale plants that it owns and operates and provides operations and maintenance (O&M;) services for customer owned small-scale RNG plants. The Company’s All Other segment offers consulting services and the sale of solar photovoltaic (PV) energy products and systems.

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Ameresco Inc’s Stock Price as of Market Close

As of September 26, 2024, 4:00 PM, CST, Ameresco Inc’s stock price was $38.78.

Ameresco Inc is up 6.57% from its previous closing price of $36.39.

During the last market session, Ameresco Inc’s stock traded between $36.30 and $37.61. Currently, there are 52.36 million shares of Ameresco Inc stock available for purchase.

Ameresco Inc’s price-earnings (P/E) ratio is currently at 34.0, which is high compared to the Renewable Energy Equipment & Services industry median of 24.2. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Ameresco Inc Stock Price History

Ameresco Inc’s (AMRC) price is currently up 27.36% so far this month.

During the month of September, Ameresco Inc’s stock price has reached a high of $39.06 and a low of $28.11.

Over the last year, Ameresco Inc has hit prices as high as $42.82 and as low as $17.55. Year to date, Ameresco Inc’s stock is down 32.13%.

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What Caused Ameresco Inc Stock’s Price to Rise?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of September 25, 2024, there were 3 analysts who downgraded Ameresco Inc’s stock and 6 analysts who upgraded over the last month.

Additionally, you'll want to evaluate Ameresco Inc’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Ameresco Inc’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Ameresco Inc’s current valuation based on AAII’s Value Grade is a D, which means it is considered to be Expensive.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Ameresco Inc (AMRC) by visiting AAII Stock Evaluator.

Relative Price Strength of Ameresco Inc

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of September 25, 2024, Ameresco Inc has a weighted four-quarter relative price strength of -1.61%, which translates to a Momentum Score of 57 and is considered to be Average.

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Ameresco Inc Stock Price: Bottom Line

As of September 26, 2024, Ameresco Inc’s stock price is $38.78, which is up 6.57% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Ameresco Inc stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

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