Sunrun Inc. (NASDAQ:RUN) went up by 1.78% from its latest closing price compared to the recent 1-year high of $52.95. The company’s stock price has collected 0.57% of gains in the last five trading sessions. Barron’s reported on 11/15/22 that Sunrun and Other Solar Stocks With Strong U.S. Presence Are a Buy, Analyst Says
Is It Worth Investing in Sunrun Inc. (NASDAQ :RUN) Right Now?
Sunrun Inc. (NASDAQ:RUN) scored a price-to-earnings ratio above its average ratio, recording 109.41 x from its present earnings ratio. Plus, the 36-month beta value for RUN is at 2.13. Opinions of the stock are interesting as 17 analysts out of 26 who provided ratings for Sunrun Inc. declared the stock was a “buy,” while 3 rated the stock as “overweight,” 6 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $47.07, which is $14.5 above the current price. RUN currently public float of 204.64M and currently shorts hold a 15.48% ratio of that float. Today, the average trading volume of RUN was 7.94M shares.
RUN’s Market Performance
RUN stocks went up by 0.57% for the week, with a monthly jump of 49.05% and a quarterly performance of -9.74%, while its annual performance rate touched -37.79%. The volatility ratio for the week stands at 6.55% while the volatility levels for the past 30 days are set at 8.10% for Sunrun Inc. The simple moving average for the period of the last 20 days is 18.69% for RUN stocks with a simple moving average of 16.08% for the last 200 days.
Analysts’ Opinion of RUN
Many brokerage firms have already submitted their reports for RUN stocks, with Deutsche Bank repeating the rating for RUN by listing it as a “Buy.” The predicted price for RUN in the upcoming period, according to Deutsche Bank is $36 based on the research report published on November 15th of the current year 2022.
Northland Capital gave a rating of “Outperform” to RUN, setting the target price at $60 in the report published on September 28th of the current year.
RUN Trading at 15.84% from the 50-Day Moving Average
After a stumble in the market that brought RUN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -40.49% of loss for the given period.
Volatility was left at 8.10%, however, over the last 30 days, the volatility rate increased by 6.55%, as shares surge +45.14% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -17.92% lower at present.
During the last 5 trading sessions, RUN rose by +0.57%, which changed the moving average for the period of 200-days by +31.35% in comparison to the 20-day moving average, which settled at $27.04. In addition, Sunrun Inc. saw -8.13% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at RUN starting from Jurich Lynn Michelle, who sale 75,000 shares at the price of $26.17 back on Nov 10. After this action, Jurich Lynn Michelle now owns 1,449,459 shares of Sunrun Inc., valued at $1,962,495 using the latest closing price.
Jurich Lynn Michelle, the Director of Sunrun Inc., sale 75,000 shares at $24.91 during a trade that took place back on Oct 10, which means that Jurich Lynn Michelle is holding 1,449,459 shares at $1,868,138 based on the most recent closing price.
Stock Fundamentals for RUN
Current profitability levels for the company are sitting at:
- -40.08 for the present operating margin
- +14.34 for the gross margin
The net margin for Sunrun Inc. stands at -4.93. Equity return is now at value 1.10, with 0.40 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 1.53.