At the time of writing, Sunrun Inc [RUN] stock is trading at $10.97, up 2.43%. An important factor to consider is whether the stock is rising or falling in short-term value. The RUN shares have gain 11.26% over the last week, with a monthly amount glided 2.43%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Sunrun Inc [NASDAQ: RUN] stock has seen the most recent analyst activity on December 19, 2024, when TD Cowen initiated its Buy rating and assigned the stock a price target of $21. Previously, Piper Sandler downgraded its rating to Neutral on November 22, 2024, and dropped its price target to $11. On November 08, 2024, downgrade downgraded it’s rating to Neutral but maintained its price target of $14 on the stock. Guggenheim downgraded its rating to a Neutral. Janney downgraded its rating to a Neutral. KeyBanc Capital Markets downgraded its rating to Sector Weight for this stock on January 04, 2024. In a note dated December 19, 2023, Piper Sandler upgraded an Overweight rating on this stock and boosted its target price from $15 to $31.
For the past year, the stock price of Sunrun Inc fluctuated between $9.01 and $22.26. Currently, Wall Street analysts expect the stock to reach $23.17 within the next 12 months. Sunrun Inc [NASDAQ: RUN] shares were valued at $10.97 at the most recent close of the market. An investor can expect a potential return of 111.21% based on the average RUN price forecast.
Analyzing the RUN fundamentals
According to Sunrun Inc [NASDAQ:RUN], the company’s sales were 2.04B for trailing twelve months, which represents an -4.62% plunge. Gross Profit Margin for this corporation currently stands at 0.11% with Operating Profit Margin at -0.31%, Pretax Profit Margin comes in at -0.75%, and Net Profit Margin reading is -0.35%. To continue investigating profitability, this company’s Return on Assets is posted at -0.03, Equity is -0.14 and Total Capital is -0.03. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 2.36.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 10.65 points at the first support level, and at 10.33 for the second support level. However, for the 1st resistance point, the stock is sitting at 11.37, and for the 2nd resistance point, it is at 11.77.
Ratios To Look Out For
It is important to note that Sunrun Inc [NASDAQ:RUN] has a current ratio of 1.47. On the other hand, the Quick Ratio is 1.15, and the Cash Ratio is 0.49. Considering the valuation of this stock, the price to sales ratio is 1.27, the price to book ratio is 0.47.
Transactions by insiders
Recent insider trading involved Abajian Danny, Officer, that happened on Jan 06 ’25 when 3734.0 shares were purchased. Officer, STEELE JEANNA completed a deal on Jan 06 ’25 to buy 2012.0 shares. Meanwhile, Officer Dickson Paul S. bought 2968.0 shares on Jan 06 ’25.
