In the latest session, Sunrun Inc (NASDAQ: RUN) closed at $9.89 up 4.00% from its previous closing price of $9.51. On the day, 15832999 shares were traded.
Ratios:
For a deeper understanding of Sunrun Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.96 and its Current Ratio is at 1.26. In the meantime, Its Debt-to-Equity ratio is 2.14 whereas as Long-Term Debt/Eq ratio is at 2.02.
Piper Sandler Upgraded its Neutral to Overweight on December 19, 2023, whereas the target price for the stock was revised from $15 to $31.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Mar 06 ’24 when Abajian Danny sold 12,030 shares for $12.12 per share. The transaction valued at 145,788 led to the insider holds 193,935 shares of the business.
Dickson Paul S. sold 10,412 shares of RUN for $126,226 on Mar 06 ’24. The Chief Revenue Officer now owns 298,717 shares after completing the transaction at $12.12 per share. On Mar 06 ’24, another insider, Powell Mary, who serves as the Chief Executive Officer of the company, sold 9,311 shares for $12.11 each. As a result, the insider received 112,794 and left with 402,317 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, RUN now has a Market Capitalization of 2.17B and an Enterprise Value of 12.58B. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.96 while its Price-to-Book (P/B) ratio in mrq is 0.41. Its current Enterprise Value per Revenue stands at 5.57 whereas that against EBITDA is -8.33.
Stock Price History:
Over the past 52 weeks, RUN has reached a high of $23.85, while it has fallen to a 52-week low of $8.43. The 50-Day Moving Average of the stock is 13.94, while the 200-Day Moving Average is calculated to be 14.91.
Shares Statistics:
For the past three months, RUN has traded an average of 14.81M shares per day and 14.04M over the past ten days. A total of 219.39M shares are outstanding, with a floating share count of 213.35M. Insiders hold about 2.84% of the company’s shares, while institutions hold 101.50% stake in the company. Shares short for RUN as of Feb 29, 2024 were 41.76M with a Short Ratio of 2.82, compared to 34.05M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 19.02% and a Short% of Float of 22.75%.
Earnings Estimates
There are 22 different market analysts currently analyzing its stock. On average, analysts expect EPS of -$0.45 for the current quarter, with a high estimate of $0.16 and a low estimate of -$1.24, while EPS last year was -$1.12. The consensus estimate for the next quarter is -$0.32, with high estimates of $0.48 and low estimates of -$1.1.
Analysts are recommending an EPS of between $2.26 and -$4.71 for the fiscal current year, implying an average EPS of -$1.35. EPS for the following year is -$0.74, with 21 analysts recommending between $2.5 and -$2.91.
Revenue Estimates
A total of 21 analysts believe the company’s revenue will be $480.01M this quarter.It ranges from a high estimate of $559.5M to a low estimate of $381.6M. As of the current estimate, Sunrun Inc’s year-ago sales were $589.85M, an estimated decrease of -18.60% from the year-ago figure.
A total of 25 analysts have provided revenue estimates for RUN’s current fiscal year. The highest revenue estimate was $2.61B, while the lowest revenue estimate was $1.88B, resulting in an average revenue estimate of $2.25B. In the same quarter a year ago, actual revenue was $2.26B, down -0.60% from the average estimate. Based on 23 analysts’ estimates, the company’s revenue will be $2.6B in the next fiscal year. The high estimate is $3.15B and the low estimate is $2.32B. The average revenue growth estimate for next year is up 15.50% from the average revenue estimate for this year.
