Home  »  Technologies   »  How To Know If Sunrun Inc. (NASDAQ:RUN) Is Expensi...

How To Know If Sunrun Inc. (NASDAQ:RUN) Is Expensive At $31.51.

In last trading session, Sunrun Inc. (NASDAQ:RUN) saw 4.6 million shares changing hands with its beta currently measuring 2.13. Company’s recent per share price level of $31.51 trading at $0.55 or 1.78% at ring of the bell on the day assigns it a market valuation of $7.05B. That closing price of RUN’s stock is at a discount of -68.04% from its 52-week high price of $52.95 and is indicating a premium of 46.68% from its 52-week low price of $16.80. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 9.14 million shares which gives us an average trading volume of 7.94 million if we extend that period to 3-months.

Sunrun Inc. (NASDAQ:RUN) trade information

Upright in the green during last session for gaining 1.78%, in the last five days RUN remained trading in the green while hitting it’s week-highest on Friday, 11/18/22 when the stock touched $31.51 price level, adding 3.11% to its value on the day. Sunrun Inc.’s shares saw a change of -8.13% in year-to-date performance and have moved 0.57% in past 5-day. Sunrun Inc. (NASDAQ:RUN) showed a performance of 49.05% in past 30-days. Number of shares sold short was 29.75 million shares which calculate 4.29 days to cover the short interests.

China Can't Stop US$0.25 Stock from Mining Ultra-Rare Metal

Here's one little-known company — trading undiscovered below 25-cents per share — that's advancing one of the largest and highest quality REE deposits in all of North America... and the Chinese can't do a damn thing about it! It's early stage... and that's excellent news for individual investors like you who have the foresight to act decisively on an emerging megatrend that's already being measured in the Tens of $Billions.

Simply click here and the name & trading symbol are yours.


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 added 36.35% of value to its shares in past 6 months, showing an annual growth rate of 200.00% while that of industry is -4.10. Apart from that, the company came raising its revenue forecast for fiscal year 2022. The company is estimating its revenue growth to decrease by -181.80% in the current quarter and calculating 5.30% increase in the next quarter. This year revenue growth is estimated to rise 36.70% 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 $565.06 million for the same. And 18 analysts are in estimates of company making revenue of $559.32 million in the next quarter that will end on Dec 2022. Company posted $438.76 million and $435.23 million of sales in current and next quarters respectively a year earlier. Analysts are expecting this quarter sales to grow by 28.80% while estimating it to be 28.50% 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 -20.50% during past 5 years.

RUN Dividends

Sunrun Inc. is more likely to be releasing its next quarterly report between February 15 and February 20 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 5.89% of company’s total shares while institution are holding 94.30 percent of that, with stock having share float percentage of 100.21%. Investors also watch the number of corporate investors in a company very closely, which is 94.30% institutions for Sunrun Inc. that are currently holding shares of the company. Blackrock Inc. is the top institutional holder at RUN for having 32.47 million shares of worth $758.53 million. And as of Jun 29, 2022, it was holding 15.31% of the company’s outstanding shares.

The second largest institutional holder is Vanguard Group, Inc. (The), which was holding about 18.16 million shares on Jun 29, 2022. The number of shares represents firm’s hold over 8.56% of outstanding shares, having a total worth of $424.1 million.

On the other hand, iShares Core S&P Midcap ETF and Vanguard Total Stock Market Index Fund are the top two Mutual Funds which own company’s shares. As of Sep 29, 2022, the former fund manager was holding 6.17 million shares of worth $170.2 million or 2.91% of the total outstanding shares. The later fund manager was in possession of 5.87 million shares on Jun 29, 2022, making its stake of worth around $137.2 million in the company or a holder of 2.77% of company’s stock.

Leave a Comment

Your email address will not be published. Required fields are marked *

On Key

Related Posts