In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
The price of Sunrun Inc (NASDAQ: RUN) closed at $10.25 in the last session, up 1.38% from day before closing price of $10.11. In other words, the price has increased by $1.38 from its previous closing price. On the day, 14.43 million shares were traded. RUN stock price reached its highest trading level at $10.315 during the session, while it also had its lowest trading level at $9.97.
Ratios:
We take a closer look at RUN’s different ratios to gain a better understanding of the stock. 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Apr 11 ’24 when Fenster Edward Harris sold 172,920 shares for $11.95 per share. The transaction valued at 2,066,193 led to the insider holds 1,261,317 shares of the business.
Powell Mary sold 22,549 shares of RUN for $272,261 on Apr 08 ’24. The Chief Executive Officer now owns 379,768 shares after completing the transaction at $12.07 per share. On Apr 08 ’24, another insider, Abajian Danny, who serves as the Chief Financial Officer of the company, sold 17,440 shares for $12.07 each. As a result, the insider received 210,548 and left with 163,734 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 2250797568 and an Enterprise Value of 14436868096. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.00 while its Price-to-Book (P/B) ratio in mrq is 0.43. Its current Enterprise Value per Revenue stands at 6.389 whereas that against EBITDA is -49.959.
Stock Price History:
The Beta on a monthly basis for RUN is 2.49, which has changed by -0.52938473 over the last 52 weeks, in comparison to a change of 0.2006725 over the same period for the S&P500. 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 -17.97%, while the 200-Day Moving Average is calculated to be -27.29%.
Shares Statistics:
According to the various share statistics, RUN traded on average about 14.61M shares per day over the past 3-months and 12012690 shares per day over the past 10 days. A total of 219.39M shares are outstanding, with a floating share count of 212.70M. Insiders hold about 3.14% of the company’s shares, while institutions hold 102.82% stake in the company. Shares short for RUN as of 1711584000 were 46516199 with a Short Ratio of 3.18, compared to 1709164800 on 41760284. Therefore, it implies a Short% of Shares Outstanding of 46516199 and a Short% of Float of 25.34.
Earnings Estimates
Currently, 22 analysts are dedicated to thoroughly evaluating and rating the performance of Sunrun Inc (RUN) in the stock market.On average, analysts expect EPS of -$0.46 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 -$0.29, with high estimates of $0.48 and low estimates of -$1.1.
Analysts are recommending an EPS of between $2.26 and -$4.28 for the fiscal current year, implying an average EPS of -$1.3. EPS for the following year is -$0.89, with 22 analysts recommending between $2.5 and -$3.2.
Revenue Estimates
According to 21 analysts, the current quarter’s revenue is expected to be $470.89M. It ranges from a high estimate of $536.06M 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 -20.20% 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 $2.45B, while the lowest revenue estimate was $1.9B, resulting in an average revenue estimate of $2.23B. In the same quarter a year ago, actual revenue was $2.26B, down -1.20% from the average estimate. Based on 24 analysts’ estimates, the company’s revenue will be $2.57B in the next fiscal year. The high estimate is $3.1B and the low estimate is $2.32B. The average revenue growth estimate for next year is up 15.30% from the average revenue estimate for this year.
