Sunrun Inc [NASDAQ: RUN] traded at a high on Friday, posting a 7.72 gain after which it closed the day’ session at $21.50.
The results of the trading session contributed to over 10111705 shares changing hands. Over the past one week, the price volatility of Sunrun Inc stands at 6.42% while the volatility over the past one month is 7.77%.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The market cap for RUN stock reached $4.81 billion, with 219.39 million shares outstanding and 216.95 million shares in the current float. Compared to the average trading volume of 12.79M shares, RUN reached a trading volume of 10111705 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 $22.27 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 1.87. 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.
Janney have made an estimate for Sunrun Inc shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on February 27, 2024. The new note on the price target was released on January 04, 2024, representing the official price target for Sunrun Inc stock. Previously, the target price had yet another raise from $15 to $31, while Piper Sandler kept a Overweight rating on RUN stock.
The Average True Range (ATR) for Sunrun Inc is set at 1.34, with the Price to Sales ratio for RUN stock in the period of the last 12 months amounting to 2.33. The Price to Book ratio for the last quarter was 0.89, with the Price to Cash per share for the same quarter was set at 4.66.
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 10.82. With this latest performance, RUN shares gained by 23.00% in over the last four-week period, additionally plugging by 80.67% over the last 6 months – not to mention a rise of 53.46% 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 67.04, with the RSI for the last a single of trading hit 69.86, and the three-weeks RSI is set at 65.12 for Sunrun Inc [RUN]. The present Moving Average for the last 50 days of trading for this stock 16.00, while it was recorded at 20.09 for the last single week of trading, and 13.97 for the last 200 days.
Sunrun Inc [RUN]: Deeper insight into the fundamentals
Sunrun Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.31 and a Current Ratio set at 1.66.
Earnings analysis for Sunrun Inc [RUN]
With the latest financial reports released by the company, Sunrun Inc posted -4.92/share EPS, while the average EPS was predicted by analysts to be reported at -0.2/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -4.72. 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]
There are presently around $118.07%, or 121.21%% of RUN stock, in the hands of institutional investors. The top three institutional holders of RUN stocks are: BLACKROCK INC. with ownership of 41.4 million shares, which is approximately 18.8283%. VANGUARD GROUP INC, holding 23.38 million shares of the stock with an approximate value of $$277.24 million in RUN stocks shares; and VANGUARD GROUP INC, currently with $$193.44 million in RUN stock with ownership which is approximately 7.4179%.
