After missing big in the last quarter, Ameresco, Inc. (AMRC) Chairman, CEO and President George Sakellaris reiterated full-year guidance for the company, setting it up for a precipitous drop or big jump when the next earnings report comes out.
With some investors believing Sakellaris' guidance, the share price of the stock has climbed from $7.06 on May 1, 2013, to close at $9.43 per share on July 10, 2013. That's already a nice move no matter which way you look at it in that short period of time. But it appears there isn't much more room for the stock to run until the next earnings report comes out. If the stock were to move much higher, it would...
Only subscribers can access this article, which is part of the PRO research library covering 3,591 different stocks.
Growing numbers of fund managers and other investment professionals subscribe to Seeking Alpha PRO for equity research that is unavailable elsewhere, so they can: