Do You Still Have A Reason To Buy Sunrun Inc (NASDAQ: RUN) After A -29.54% Drop In The Last Week?

IPW

During the last session, Sunrun Inc (NASDAQ:RUN)’s traded shares were 46.77 million, with the beta value of the company hitting 2.60. At the end of the trading day, the stock’s price was $6.13, reflecting an intraday gain of 6.06% or $0.35. The 52-week high for the RUN share is $22.26, that puts it down -263.13 from that peak though still a striking 12.23% gain since the share price plummeted to a 52-week low of $5.38. The company’s market capitalization is $1.40B, and the average trade volume was 19.23 million shares over the past three months.

Sunrun Inc (RUN) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 2.38. RUN has a Sell rating from 0 analyst(s) out of 19 analysts who have looked at this stock. 3 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 16 recommend a Buy rating for it.

Sunrun Inc (NASDAQ:RUN) trade information

Sunrun Inc (RUN) registered a 6.06% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 6.06% in intraday trading to $6.13, hitting a weekly high. The stock’s 5-day price performance is -29.54%, and it has moved by -45.70% in 30 days. Based on these gigs, the overall price performance for the year is -53.77%.

The consensus price target of analysts on Wall Street is $13, which implies an increase of 52.85% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $4 and $20 respectively. As a result, RUN is trading at a discount of -226.26% off the target high and 34.75% off the low.

While earnings are projected to return 97.84% in 2025, the next five years will return 63.91% per annum.

RUN Dividends

Sunrun Inc is due to release its next quarterly earnings on 2025-May-07. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

Sunrun Inc (NASDAQ:RUN)’s Major holders

Sunrun Inc insiders own 9.38% of total outstanding shares while institutional holders control 108.92%, with the float percentage being 120.20%. BLACKROCK INC. is the largest shareholder of the company, while 500.0 institutions own stock in it. As of 2024-06-30, the company held over 41.4 million shares (or 18.6089% of all shares), a total value of $491.0 million in shares.

The next largest institutional holding, with 23.38 million shares, is of VANGUARD GROUP INC’s that is approximately 10.5071% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $277.24 million.

Marketing Sentinel
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.