Sunrun Inc (RUN) saw an uptrend of 0.31% in the recent trading with $16.06 being its most recent. The current price level -26.23% lower than the highest price of $21.77 marked by the stock while trading over the past 52-weeks, whereas it is 198.51% higher than the lowest price of $5.38 the company dropped to over past 52-weeks. The latest news story on RUN appeared in (GlobeNewswire) under the title “Sunrun Prices $510 million Securitization, Surpassing $1.5 billion of Non-Recourse Debt Capital Raised in the Third Quarter”.
Do analysts rate it as a buy, sell or hold?
Irrespective of recent performance, what’s important is what the future holds. In uncertain economic times, a clear picture is difficult to get. Analysts generally have a good understanding of the market works, which gives them a leg up in making predictions. Currently, the stock has been recommended as Moderate Buy by 19 of the brokerage firms. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 2.04 for the stock.
Sunrun Inc Earnings – What Happened With RUN
Coming around sales and income figures on RUN Stock Income Statement, public trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor. Sunrun Inc (RUN) last released financial results for the quarter that ended 9/30/2024, posting a surprise factor of -68.18% for net revenue.
RUN – Sunrun Inc Stock Earnings Estimates
The perspective of Sunrun Inc (NASDAQ:RUN)’s current quarter earnings identifies that analysts are in consensus over the estimate of -0.22 for stock’s EPS in the current quarter. Sunrun Inc (RUN) last released financial results for the quarter that ended 9/30/2024, posting a surprise factor of -68.18% for net revenue. Company’s EPS for the last quarter was -0.37.
Sunrun Inc – Insider Activity and Holdings
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 230.32 million. RUN does have institutional investors; and they hold 104.55% of the stock.
As on 2024-06-30, BLACKROCK INC. was the top most holder in Sunrun Inc (NASDAQ:RUN) with an ownership of 41.4 million shares of the company or 18.6089 of the stake worth $491.0 million. The filing also reveals VANGUARD GROUP INC as the second largest holder in the company with a control over 10.5071 of the outstanding shares. Its stake is worth $277.24 million for having 23.38 million shares in hand.
GRANTHAM, MAYO, VAN OTTERLOO & CO. LLC also came holding a key position in the company during the recent quarter and it now holds 7.3314 of the outstanding shares. With this there are now 496.0 institutions which have possession in RUN’s shares.
Key Metrics for RUN
The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, Sunrun Inc has a debt to equity ratio of 4.83.
