In recent trading session, Sunrun Inc. (NASDAQ:RUN) saw 1.92 million shares changing hands at last check today with its beta currently measuring 2.06. Company’s recent per share price level of $33.52 trading at $0.27 or 0.81% at last check today assigns it a market valuation of $6.83B. That most recent trading price of RUN’s stock is at a discount of -180.43% from its 52-week high price of $94.00 and is indicating a premium of 12.83% from its 52-week low price of $29.22. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 4.8 million shares which gives us an average trading volume of 5.21 million if we extend that period to 3-months.
Sunrun Inc. (NASDAQ:RUN) trade information
Upright in the green today for gaining 0.81%, in the last five days RUN remained trading in the green while hitting it’s week-highest on Thursday, 01/13/22 when the stock touched $33.52 price level, adding 3.37% to its value on the day. Sunrun Inc.’s shares saw a change of -3.06% in year-to-date performance and have moved 5.82% in past 5-day. Sunrun Inc. (NASDAQ:RUN) showed a performance of -21.04% in past 30-days. Number of shares sold short was 32.93 million shares which calculate 6.23 days to cover the short interests.
Sunrun Inc. (RUN) estimates and forecasts
Statistics highlight that Sunrun Inc. is scoring comparatively higher than the scores of other players of the relevant industry. The company lost -29.42% of value to its shares in past 6 months, showing an annual growth rate of 66.67% while that of industry is -7.00. Apart from that, the company came raising its revenue forecast for fiscal year 2022. The company is estimating its revenue growth to increase by 102.70% in the current quarter and calculating -33.30% decrease in the next quarter. This year revenue growth is estimated to rise 71.30% from the last financial year’s standing.
18 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $408.92 million for the same. And 14 analysts are in estimates of company making revenue of $411.92 million in the next quarter that will end on Mar 2022. Company posted $320.41 million and $334.79 million of sales in current and next quarters respectively a year earlier. Analysts are expecting this quarter sales to grow by 27.60% while estimating it to be 23.00% for the next quarter.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -5.20% during past 5 years. In 2022, company’s earnings growth rate is likely to be around -684.20% while estimates for its earnings growth in next 5 years are of 47.82%.
Sunrun Inc. is more likely to be releasing its next quarterly report between February 23 and February 28 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
Sunrun Inc. (NASDAQ:RUN)’s Major holders
Insiders are in possession of 4.16% of company’s total shares while institution are holding 98.91 percent of that, with stock having share float percentage of 103.20%. Investors also watch the number of corporate investors in a company very closely, which is 98.91% institutions for Sunrun Inc. that are currently holding shares of the company. Blackrock Inc. is the top institutional holder at RUN for having 25.82 million shares of worth $1.14 billion. And as of Sep 29, 2021, it was holding 12.47% of the company’s outstanding shares.
The second largest institutional holder is FMR, LLC, which was holding about 21.49 million shares on Sep 29, 2021. The number of shares represents firm’s hold over 10.38% of outstanding shares, having a total worth of $945.78 million.
On the other hand, Fidelity Select Portfolios – Technology and iShares Core S&P Midcap ETF are the top two Mutual Funds which own company’s shares. As of Oct 30, 2021, the former fund manager was holding 6.42 million shares of worth $370.5 million or 3.10% of the total outstanding shares. The later fund manager was in possession of 5.56 million shares on Oct 30, 2021, making its stake of worth around $320.82 million in the company or a holder of 2.69% of company’s stock.