Sunrun Inc (NASDAQ: RUN) is 1.46% higher on its value in year-to-date trading and has touched a low of $5.38 and a high of $22.26 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The RUN stock was last observed hovering at around $10.5 in the last trading session, with the day’s gains setting it 0.61%.
Currently trading at $11.11, the stock is 35.23% and 31.53% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 27.8 million and changing 5.81% at the moment leaves the stock 10.76% off its SMA200. RUN registered 20.11% gain for a year compared to 6-month loss of 20.11%. The firm has a 50-day simple moving average (SMA 50) of $8.4466 and a 200-day simple moving average (SMA200) of $10.03095.
The stock witnessed a 36.15% gain in the last 1 month and extending the period to 3 months gives it a 68.59%, and is 49.53% up 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 13.59% over the week and 11.15% over the month.
Sunrun Inc (RUN) has around 11058 employees, a market worth around $2.54B and $2.08B in sales. Profit margin for the company is -129.94%. Distance from 52-week low is 106.51% and -50.09% from its 52-week high. The company has generated returns on investments over the last 12 months (-16.94%).
with sales reaching $555.11M over the same period.The EPS is expected to grow by 99.29% this year, but quarterly earnings will post 9.61% year-over-year. Quarterly sales are estimated to grow 5.96% in year-over-year returns.
Sunrun Inc (RUN) Top Institutional Holders
497.0 institutions hold shares in Sunrun Inc (RUN), with institutional investors hold 127.81% of the company’s shares. The shares outstanding are 227.32M, and float is at 205.82M with Short Float at 27.71%. Institutions hold 115.82% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 41.4 million shares valued at $491.0 million. The investor’s holdings represent 18.6089% of the RUN Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 23.38 million shares valued at $277.24 million to account for 10.5071 of the shares outstanding. The other top investors are GRANTHAM, MAYO, VAN OTTERLOO & CO. LLC which holds 16.31 million shares representing 7.3314% and valued at over $193.44 million, while ORBIS ALLAN GRAY LTD holds 6.246 of the shares totaling 13.9 million with a market value of $164.8 million.
