Sunrun Inc. (NASDAQ: RUN) is -5.25% lower on its value in year-to-date trading and has touched a low of $16.80 and a high of $60.60 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The RUN stock was last observed hovering at around $34.35 in the last trading session, with the day’s loss setting it -1.85% off its average median price target of $47.00 for the next 12 months. It is also 58.86% off the consensus price target high of $79.00 offered by 25 analysts, but current levels are -8.33% lower than the price target low of $30.00 for the same period.
Currently trading at $32.50, the stock is -7.77% and 1.32% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.79 million and changing -5.39% at the moment leaves the stock 14.07% off its SMA200. RUN registered -27.26% loss for a year compared to 6-month loss of 2.88%. The firm has a 50-day simple moving average (SMA 50) of $7.84 and a 200-day simple moving average (SMA200) of -$149.04.
The stock witnessed a 3.14% gain in the last 1 month and extending the period to 3 months gives it a 28.15%, and is -13.01% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 6.99% over the week and 6.85% over the month.
Sunrun Inc. (RUN) has around 11383 employees, a market worth around $6.94B and $1.95B in sales. Profit margin for the company is -5.90%. Distance from 52-week low is 93.45% and -46.37% from its 52-week high. The company has generated returns on investments over the last 12 months (-5.30%).
Sunrun Inc. (RUN) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Sunrun Inc. (RUN) is a “Overweight”. 25 analysts offering their recommendations for the stock have an average rating of 2.10, where 6 rate it as a Hold and 4 think it is a “Overweight”. 15 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
The EPS is expected to grow by 68.80% this year
Sunrun Inc. (RUN) Top Institutional Holders
The shares outstanding are 211.13M, and float is at 199.60M with Short Float at 12.63%.
Sunrun Inc. (RUN) Insider Activity
A total of 38 insider transactions have happened at Sunrun Inc. (RUN) in the last six months, with sales accounting for 30 and purchases happening 8 times. The most recent transaction is an insider sale by Jurich Lynn Michelle, the company’s Director. SEC filings show that Jurich Lynn Michelle sold 3,993 shares of the company’s common stock on Sep 19 at a price of $37.04 per share for a total of $0.15 million. Following the sale, the insider now owns 1.45 million shares.
Sunrun Inc. disclosed in a document filed with the SEC on Sep 19 that Philpot Michelle (Chief Accounting Officer) sold a total of 400 shares of the company’s common stock. The trade occurred on Sep 19 and was made at $37.04 per share for $14815.0. Following the transaction, the insider now directly holds 30348.0 shares of the RUN stock.
Still, SEC filings show that on Sep 19, STEELE JEANNA (Chief Legal & People Officer) disposed off 799 shares at an average price of $37.03 for $29588.0. The insider now directly holds 156,392 shares of Sunrun Inc. (RUN).
Sunrun Inc. (RUN): Who are the competitors?
The company’s main competitors (and peers) include Tesla Inc. (TSLA) that is trading 15.14% up over the past 12 months and First Solar Inc. (FSLR) that is 37.68% higher over the same period. SunPower Corporation (SPWR) is 13.17% up on the 1-year trading charts.