In the latest trading session, 1.68 million Sunrun Inc (NASDAQ:RUN) shares changed hands as the company’s beta touched 2.82. With the company’s most recent per share price at $8.48 changed hands at -$0.01 or -0.09% at last look, the market valuation stands at $1.90B. RUN’s current price is a discount, trading about -162.5% off its 52-week high of $22.26. The share price had its 52-week low at $7.87, which suggests the last value was 7.19% up since then.
Analysts gave the Sunrun Inc (RUN) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.82. If we narrow down to specifics, the data shows that 0 out of 19 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 3 recommended RUN as a Hold, 16 felt it is a Buy and 0 rated the stock as Underweight. Sunrun Inc’s EPS for the current quarter is expected to be -0.18.
Sunrun Inc (NASDAQ:RUN) trade information
Instantly RUN was in red as seen in intraday trades today. With action -4.27%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -8.30%, with the 5-day performance at -4.27% in the red. However, in the 30-day time frame, Sunrun Inc (NASDAQ:RUN) is -17.09% down.
The consensus price target for the stock as assigned by Wall Street analysts is 23, meaning bulls need an upside of 63.13% from its recent market value. According to analyst projections, RUN’s forecast low is 11 with 35 as the target high. To hit the forecast high, the stock’s price needs a -312.74% plunge from its current level, while the stock would need to soar -29.72% for it to hit the projected low.
Sunrun Inc (RUN) estimates and forecasts
Year-over-year growth is forecast to reach -9.17% down from the last financial year.
Consensus estimates given by 20 financial analysts project the company’s revenue in the current quarter to hit an average of 541.05M. 16 analysts are of the opinion that Sunrun Inc’s revenue for the current quarter will be 517.06M. The company’s revenue for the corresponding quarters a year ago was 516.59M and 458.19M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 4.73%. The estimates for the next quarter sales put growth at 12.85%.
The 2025 estimates are for Sunrun Inc earnings to increase by 94.08%, but the outlook for the next 5-year period is at 52.43% per year.
Sunrun Inc (NASDAQ:RUN)’s Major holders
VANGUARD GROUP INC holds the second largest percentage of outstanding shares, with 10.631% or 23.38 million shares worth $277.24 million as of 2024-06-30.
Among Mutual Funds, the top two as of Nov 30, 2024 were iShares Core S&P Smallcap ETF and Vanguard Total Stock Market Index Fund. With 14.46 shares estimated at $121.26 million under it, the former controlled 6.45% of total outstanding shares. On the other hand, Vanguard Total Stock Market Index Fund held about 2.96% of the shares, roughly 6.63 shares worth around $55.6 million.
