
The publisher points to falling per-share earnings, negative free cash flow and debt as reasons for its cautious view of Ameresco.
StockStory said it remains cautious on Ameresco after the shares fell 19.2% over six months to $21.01. As of Friday afternoon, the stock traded at $21.32, up 1.48% since the previous close.
The publisher cited a 15.7% annual decline in earnings per share over five years, even as revenue grew 12.5%. It also said free cash flow margin averaged negative 28.3% over that period.
StockStory noted Ameresco burned $429.9 million in cash over the last year, while debt stood at $2.02 billion and cash at $138.3 million. The publisher said it wants to see consistent free cash flow or announced financing plans reflected on the balance sheet.
This article was produced with the help of AI technology. Source: Yahoo Finance