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Ameresco Inc . (NYSE:AMRC), a leading clean technology integrator specializing in energy efficiency and renewable energy, has seen its stock price touch a 52-week low, reaching $15.89 USD. According to InvestingPro data, the company currently trades at a P/E ratio of 17.75 and carries a significant debt burden with a debt-to-equity ratio of 2.42. This latest price level reflects a significant downturn from the company’s performance over the past year, with Ameresco’s stock experiencing a 1-year change of -23.19%. The decline to this 52-week low underscores the broader market challenges faced by the clean energy sector, as investors recalibrate their expectations in light of economic headwinds and shifting regulatory landscapes. Despite these challenges, InvestingPro analysis indicates the company maintains strong revenue growth with a projected 28% increase for FY2024, though it’s currently trading below its Fair Value. Despite the current market sentiment, Ameresco’s position as a key player in the sustainability movement suggests potential for long-term growth as global energy policies continue to favor green initiatives. With a beta of 1.78 indicating higher market volatility, investors seeking deeper insights can access comprehensive analysis and 13 additional ProTips through InvestingPro’s detailed research reports.
In other recent news, Ameresco, Inc. reported its fourth-quarter 2024 earnings, exceeding analysts’ expectations with an EPS of $0.88, compared to the forecasted $0.78. The company achieved a revenue of $533 million, slightly above the anticipated $523.61 million, marking a 21% increase year-over-year. Despite these positive results, Ameresco’s stock fell in aftermarket trading. The company also reported a full-year revenue increase of 29%, reflecting strong operational performance and strategic project execution. Ameresco’s project backlog grew by 24% year-over-year, indicating robust future business prospects. Looking ahead, the company has set a revenue guidance of $1.9 billion and an adjusted EBITDA target of $235 million for 2025. Analysts from firms such as Oppenheimer and Stifel have shown interest in the company’s federal projects and energy asset deployments. The company remains optimistic about ongoing opportunities with the Department of Defense and potential expansions in performance contracting.
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