Benzinga - by Benzinga Insights, Benzinga Staff Writer.
A noteworthy insider acquisition was disclosed on March 11, as Chiplock, SVP & CAO at Ameresco (NYSE:AMRC), reported the acquisition of stock options for 20,000 shares.
What Happened: Chiplock, SVP & CAO at Ameresco, acquired stock options for 20,000 shares of AMRC. This information was disclosed in a Form 4 filing with the U.S. Securities and Exchange Commission on Monday. The options allow Chiplock to buy the company's stock at $21.13 per share.
During Tuesday's morning session, Ameresco shares up by 4.64%, currently priced at $22.31. Considering the current price, Chiplock's 20,000 shares have a total value of $23,599.
All You Need to Know About Ameresco Ameresco Inc provides energy efficiency solutions for facilities in North America and Europe. It focuses on projects that reduce energy, also focuses on the operations and maintenance costs of governmental, educational, utility, healthcare, and other institutional, commercial, and industrial entities facilities. Ameresco distributes solar energy products and systems, such as PV panels, solar regulators, solar charge controllers, inverters, solar-powered lighting systems, solar-powered water pumps, solar panel mounting hardware, and other system components. The company's segment includes U.S. Regions; U.S. Federal; Canada; Alternative Fuels; Non-Solar DG and All Other. It derives a majority of revenue from the U.S. Regions segment.
Financial Insights: Ameresco Revenue Growth: Ameresco's revenue growth over a period of 3 months has been noteworthy. As of 31 December, 2023, the company achieved a revenue growth rate of approximately 33.05%. This indicates a substantial increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Industrials sector.
Interpreting Earnings Metrics:
- Gross Margin: The company shows a low gross margin of 16.81%, suggesting potential challenges in cost control and profitability compared to its peers.
- Earnings per Share (EPS): Ameresco's EPS is below the industry average. The company faced challenges with a current EPS of 0.65. This suggests a potential decline in earnings.
Valuation Metrics:
- Price to Earnings (P/E) Ratio: The Price to Earnings ratio of 18.22 is lower than the industry average, indicating potential undervaluation for the stock.
- Price to Sales (P/S) Ratio: With a lower-than-average P/S ratio of 0.83, the stock presents an attractive valuation, potentially signaling a buying opportunity for investors interested in sales performance.
- EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation & Amortization): A high EV/EBITDA ratio of 17.87 reflects market recognition of Ameresco's value, positioning it as more highly valued compared to industry peers.
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Uncovering the Importance of Insider Activity Insightful as they may be, insider transactions should be considered alongside a thorough examination of other investment criteria.
Exploring the legal landscape, an "insider" is defined as any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, as stipulated by Section 12 of the Securities Exchange Act of 1934. This encompasses executives in the c-suite and major hedge funds. These insiders are required to report their transactions through a Form 4 filing, which must be submitted within two business days of the transaction.
Highlighted by a company insider's new purchase, there's a positive anticipation for the stock to rise.
But, insider sells may not necessarily indicate a bearish view and can be motivated by various factors.
Exploring Key Transaction Codes Navigating through the landscape of transactions, investors often prioritize those unfolding in the open market, precisely detailed in Table I of the Form 4 filing. A P in Box 3 denotes a purchase, while S signifies a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
Check Out The Full List Of Ameresco's Insider Trades.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
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