Sunrun Inc. (NASDAQ:RUN) saw a downside of -7.99% to close Monday at $40.99 after subtracting -$3.56 on the day. The 5-day average trading volume is 5,468,340 shares of the company’s common stock. It has gained $45.53 in the past week. An average of 6,106,980 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 5,180,824.
RUN’s 1-month performance is -13.50% or -$4.55 on its low of $40.67 reached on 10/04/21. The company’s shares have touched a 52-week low of $37.42 and high of $100.93, with the stock’s rally to the 52-week high happening on 01/12/21. YTD, RUN has lost -40.92% or -$28.39. However, the current price is down -59.39%% from the 52-week high price.
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On Sep 23, 12 days have gone by since the last insider trading activity for Sunrun Inc. (RUN). STEELE JEANNA (General Counsel) most recently sold 2,891 shares at $45.33 per share on Sep 23. This transaction cost the insider $131,049. Co-Executive Chair, Fenster Edward Harris, sold 5,815 shares at a price of $43.08 on Sep 22. Then, on Sep 22, Chief Accounting Officer Philpot Michelle sold 1,618 shares at a price of $44.41 per share. This transaction amounted to $71,849.
Sunrun Inc. (RUN) has a trailing price-to-earnings (P/E) ratio of 24.51 for the broader industry and 35.88 for the sector, meaning that investors are optimistic about the stock’s future prospects. The company’s PE ratio for the last five years has touched a high of 1999.25 and a low of 5.028. RUN stock has a beta of 2.06. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 6.58 while the price-to-book (PB) in the most recent quarter is 1.36.
Sunrun Inc.’s quick ratio for the period ended June 29 was 0.90, with the current ratio over the same period at 1.20 meaning that RUN stock is able to fulfill its debt obligations. As well, the company’s long term debt to equity for the quarter ending June 29 was 0.86, while the total debt to equity was 0.91. In terms of profitability, the gross margin trailing 12 months is 17.10%The trailing 12-month EBITDA margin is -14.79% while for the period ending June 29; Sunrun Inc.’s operating margin was -50.50%. The firm’s gross profit as reported stood at -$465.11 million against revenue of $922.19 million.
For the quarterly period ending June 29 this year, Net income and sales went up compared to those figures reported in the previous quarter. Analysts expected RUN to announce -$0.08 per share in earnings in its latest quarter, but it posted -$0.2, representing a -150.00% surprise. EBITDA for the quarter stood at more than -$46.58 million. RUN stock balance sheet for the quarter ending June 29 shows that total liabilities totaled 8.54 billion, with total debt at $6.22 billion. Shareholders hold equity totaling $205.93 million
Let’s look briefly at Sunrun Inc. (RUN) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 04 October was 39.00% to suggest the stock is trending Neutral, with historical volatility in this time period at 70.09%.
The stock’s 5-day moving average is $42.82, reflecting a -8.97% or -$4.04 change from its current price. RUN is currently trading -9.99% above its 20-day SMA, +3.43% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 and SMA200 by -19.02% and -33.67% respectively.
Stochastic %K and %D was 37.25% and 33.79% and the average true range (ATR) pointed at 2.57. The RSI (14) points at 40.97%, while the 14-day stochastic is at 6.45% with the period’s ATR at 2.55. The stock’s 9-day MACD Oscillator is pointing at -0.31 and -0.31 on the 14-day charts.
In the most recent analyst report for Sunrun Inc. (NASDAQ: RUN), BMO Capital Markets launched coverage with an Outperform rating. Analysts offering their rating for RUN stock have a consensus rating for the stock as Buy. Currently, 1 brokerage advisors rate RUN as a “sell,”, while 2 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 2 rates the stock as overweight while 16 have offered a “buy” rating.
What is RUN’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $35.12 and a high of $91.00, with their median price target at $76.00. Looking at these predictions, the average price target given by analysts is for Sunrun Inc. (RUN) stock is $73.88.