Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
The closing price of Sunrun Inc (NASDAQ: RUN) was $8.82 for the day, up 2.80% from the previous closing price of $8.58. In other words, the price has increased by $2.80 from its previous closing price. On the day, 7.49 million shares were traded. RUN stock price reached its highest trading level at $9.0 during the session, while it also had its lowest trading level at $8.575.
Ratios:
Our analysis of RUN’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.15 and its Current Ratio is at 1.47. In the meantime, Its Debt-to-Equity ratio is 2.38 whereas as Long-Term Debt/Eq ratio is at 2.33.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, UBS on January 10, 2025, Upgraded its rating to Buy and sets its target price to $17 from $14 previously.
On January 07, 2025, Exane BNP Paribas Upgraded its rating to Outperform which previously was Neutral but kept the price unchanged to $16.
On December 19, 2024, TD Cowen started tracking the stock assigning a Buy rating and target price of $21.TD Cowen initiated its Buy rating on December 19, 2024, with a $21 target price.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Jan 17 ’25 when Jurich Lynn Michelle sold 50,000 shares for $9.59 per share. The transaction valued at 479,340 led to the insider holds 991,753 shares of the business.
Jurich Lynn Michelle bought 50,000 shares of RUN for $479,343 on Jan 17 ’25. On Jan 06 ’25, another insider, STEELE JEANNA, who serves as the Chief Legal & People Officer of the company, sold 2,012 shares for $11.18 each. As a result, the insider received 22,491 and left with 301,389 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 1978669952 and an Enterprise Value of 15847895040. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.97 while its Price-to-Book (P/B) ratio in mrq is 0.37. Its current Enterprise Value per Revenue stands at 7.785 whereas that against EBITDA is -453.808.
Stock Price History:
The Beta on a monthly basis for RUN is 2.82, which has changed by -0.4449339 over the last 52 weeks, in comparison to a change of 0.22894537 over the same period for the S&P500. Over the past 52 weeks, RUN has reached a high of $22.26, while it has fallen to a 52-week low of $7.87. The 50-Day Moving Average of the stock is -8.98%, while the 200-Day Moving Average is calculated to be -35.88%.
Shares Statistics:
RUN traded an average of 9.30M shares per day over the past three months and 9223090 shares per day over the past ten days. A total of 224.09M shares are outstanding, with a floating share count of 217.83M. Insiders hold about 2.87% of the company’s shares, while institutions hold 109.33% stake in the company. Shares short for RUN as of 1738281600 were 50271741 with a Short Ratio of 5.40, compared to 1735603200 on 51145271. Therefore, it implies a Short% of Shares Outstanding of 50271741 and a Short% of Float of 26.939999999999998.
