Ameresco Stock: A Deep Dive Into Analyst Perspectives (4 Ratings)
Portfolio Pulse from Benzinga Insights
Ameresco (NYSE:AMRC) has been analyzed by 4 analysts, showing a shift from bullish to somewhat bullish in the last 30 days. The average 12-month price target is now $36.25, down 13.17% from the previous $41.75. Analysts from Piper Sandler, Canaccord Genuity, B. Riley Securities, and B of A Securities have adjusted their ratings and price targets, reflecting changing market conditions and Ameresco's performance. Despite a challenging revenue growth of -24.05% over the last 3 months, Ameresco maintains a strong net margin of 6.34% but faces challenges in ROE, ROA, and a high debt-to-equity ratio of 1.71.
March 05, 2024 | 3:01 pm
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NEUTRAL IMPACT
Ameresco's stock has seen a shift in analyst sentiment, with a new average price target of $36.25, reflecting a cautious outlook. Despite facing revenue growth challenges, the company maintains a strong net margin but struggles with ROE, ROA, and a high debt-to-equity ratio.
The mixed analyst ratings and the downward adjustment of the price target suggest a cautious but not entirely bearish outlook on Ameresco. The company's strong net margin is a positive sign, however, the challenges in revenue growth, ROE, ROA, and a high debt-to-equity ratio could be potential red flags for investors. The overall neutral score reflects the balance between these positive and negative factors.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100