Sunrun Inc. [RUN] fell -28.52% so far this year. What now?

Sunrun Inc. [NASDAQ: RUN] slipped around -0.5 points on Tuesday, while shares priced at $49.59 at the close of the session, down -1.00%. The company report on July 13, 2021 that Sunrun Announces Date and Conference Call Details for Second Quarter 2021 Earnings Report.

Earnings Release and Conference Call Scheduled for August 5, 2021.

Sunrun (Nasdaq: RUN) announced that it will issue its second quarter 2021 earnings report after the market closes Thursday, August 5, 2021.

Sunrun Inc. stock is now -28.52% down from its year-to-date (YTD) trading value. RUN Stock saw the intraday high of $50.45 and lowest of $47.77 per share. The company’s 52-week high price is 100.93, which means current price is +32.52% above from all time high which was touched on 01/12/21.

Compared to the average trading volume of 7.28M shares, RUN reached a trading volume of 3392671 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus say about Sunrun Inc. [RUN]?

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for RUN shares is $76.59 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on RUN stock is a recommendation set at 1.80. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Credit Suisse have made an estimate for Sunrun Inc. shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on July 14, 2021. While these analysts kept the previous recommendation, Stephens raised their target price to Overweight. The new note on the price target was released on June 25, 2021, representing the official price target for Sunrun Inc. stock. Previously, the target price had yet another raise from $86 to $91, while Morgan Stanley kept a Overweight rating on RUN stock.

The Average True Range (ATR) for Sunrun Inc. is set at 3.27, with the Price to Sales ratio for RUN stock in the period of the last 12 months amounting to 10.02. The Price to Book ratio for the last quarter was 1.63, with the Price to Cash per share for the same quarter was set at 3.07.

How has RUN stock performed recently?

Sunrun Inc. [RUN] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -1.82. With this latest performance, RUN shares dropped by -8.81% in over the last four-week period, additionally sinking by -34.50% over the last 6 months – not to mention a rise of 16.68% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for RUN stock in for the last two-week period is set at 46.99, with the RSI for the last a single of trading hit 44.28, and the three-weeks RSI is set at 48.44 for Sunrun Inc. [RUN]. The present Moving Average for the last 50 days of trading for this stock 48.78, while it was recorded at 51.15 for the last single week of trading, and 58.62 for the last 200 days.

Sunrun Inc. [RUN]: Deeper insight into the fundamentals

Operating Margin for any stock indicates how profitable investing would be, and Sunrun Inc. [RUN] shares currently have an operating margin of -42.70 and a Gross Margin at +17.25. Sunrun Inc.’s Net Margin is presently recorded at -18.80.

Return on Total Capital for RUN is now -4.67, given the latest momentum, and Return on Invested Capital for the company is -2.37. Return on Equity for this stock declined to -4.92, with Return on Assets sitting at -1.63. When it comes to the capital structure of this company, Sunrun Inc. [RUN] has a Total Debt to Total Equity ratio set at 86.67. Additionally, RUN Total Debt to Total Capital is recorded at 46.43, with Total Debt to Total Assets ending up at 34.95. Long-Term Debt to Equity for the company is recorded at 82.64, with the Long-Term Debt to Total Capital now at 44.27.

Reflecting on the efficiency of the workforce at the company, Sunrun Inc. [RUN] managed to generate an average of -$20,399 per employee. Receivables Turnover for the company is 10.28 with a Total Asset Turnover recorded at a value of 0.09.Sunrun Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.20 and a Current Ratio set at 1.60.

Earnings analysis for Sunrun Inc. [RUN]

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for RUN. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Sunrun Inc. go to 47.82%.

Insider trade positions for Sunrun Inc. [RUN]

There are presently around $9,399 million, or 95.20% of RUN stock, in the hands of institutional investors. The top three institutional holders of RUN stocks are: FMR LLC with ownership of 29,429,789, which is approximately -0.674% of the company’s market cap and around 1.90% of the total institutional ownership; BLACKROCK INC., holding 26,255,948 shares of the stock with an approximate value of $1.3 billion in RUN stocks shares; and VANGUARD GROUP INC, currently with $844.61 million in RUN stock with ownership of nearly 2.356% of the company’s market capitalization.

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Positions in Sunrun Inc. stocks held by institutional investors increased at the end of August and at the time of the August reporting period, where 258 institutional holders increased their position in Sunrun Inc. [NASDAQ:RUN] by around 27,142,234 shares. Additionally, 207 investors decreased positions by around 20,788,520 shares, while 44 investors held positions by with 141,602,140 shares. The mentioned changes placed institutional holdings at 189,532,894 shares, according to the latest SEC report filing. RUN stock had 96 new institutional investments in for a total of 11,821,852 shares, while 65 institutional investors sold positions of 5,042,986 shares during the same period.

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