Sunrun Inc [RUN] fell -54.87% so far this year. What now?

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Sunrun Inc [NASDAQ: RUN] jumped around 0.39 points on Friday, while shares priced at $10.84 at the close of the session, up 3.73%. The company report on November 1, 2023 at 4:02 PM that Sunrun Reports Third Quarter 2023 Financial Results.

131% year-over-year growth in Storage Capacity Installed as storage attachment rates surge to 33% of installations; recent storage attachment rates exceeding 40% nationally on new sales.

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Solar Energy Capacity Installed of 258.2 Megawatts in Q3, reaching 6.5 Gigawatts of Networked Solar Energy Capacity.

Sunrun Inc stock is now -54.87% down from its year-to-date (YTD) trading value. RUN Stock saw the intraday high of $11.67 and lowest of $10.68 per share. The company’s 52-week high price is 33.33, which means current price is +28.58% above from all time high which was touched on 01/18/23.

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Compared to the average trading volume of 11.24M shares, RUN reached a trading volume of 17840680 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 $20.34 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 1.77. 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.

Northland Capital have made an estimate for Sunrun Inc shares, keeping their opinion on the stock as Market Perform, with their previous recommendation back on November 02, 2023.

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The Average True Range (ATR) for Sunrun Inc is set at 0.96, with the Price to Sales ratio for RUN stock in the period of the last 12 months amounting to 1.00. The Price to Book ratio for the last quarter was 0.42, with the Price to Cash per share for the same quarter was set at 4.37.

How has RUN stock performed recently?

Sunrun Inc [RUN] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 22.62. With this latest performance, RUN shares gained by 8.29% in over the last four-week period, additionally sinking by -38.58% over the last 6 months – not to mention a drop of -49.95% 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 49.78, with the RSI for the last a single of trading hit 56.12, and the three-weeks RSI is set at 46.35 for Sunrun Inc [RUN]. The present Moving Average for the last 50 days of trading for this stock 12.34, while it was recorded at 9.88 for the last single week of trading, and 17.98 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 -28.53 and a Gross Margin at +12.28. Sunrun Inc’s Net Margin is presently recorded at +7.47.

Return on Total Capital for RUN is now -4.19, given the latest momentum, and Return on Invested Capital for the company is 1.22. Return on Equity for this stock inclined to 2.67, with Return on Assets sitting at 0.92. When it comes to the capital structure of this company, Sunrun Inc [RUN] has a Total Debt to Total Equity ratio set at 132.16. Additionally, RUN Total Debt to Total Capital is recorded at 56.93, with Total Debt to Total Assets ending up at 43.83. Long-Term Debt to Equity for the company is recorded at 128.92, with the Long-Term Debt to Total Capital now at 55.53.

Reflecting on the efficiency of the workforce at the company, Sunrun Inc [RUN] managed to generate an average of $13,973 per employee. Receivables Turnover for the company is 12.89 with a Total Asset Turnover recorded at a value of 0.12.Sunrun Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.89 and a Current Ratio set at 1.35.

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 -8.00%.

Insider trade positions for Sunrun Inc [RUN]

The top three institutional holders of RUN stocks are: VANGUARD GROUP INC with ownership of 1.3 billion shares, which is approximately 8.2579%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $201.66 billion in RUN stocks shares; and BERKSHIRE HATHAWAY INC, currently with $177.59 billion in RUN stock with ownership which is approximately 5.7994%.

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