Sunrun Inc (NASDAQ:RUN) traded at $10.72 at close of the session on Monday, April 29, made an upward move of 4.18% on its previous day’s price.
Looking at the stock we see that its previous close was $10.29. In terms of its 52-week price range, RUN has a high of $23.85 and a low of $8.43. The company’s stock has lost about -18.66% over that past 30 days.
Sunrun Inc has a market cap of $2.35 billion. Estimates by analysts give the company expected earnings per share (EPS) of -$0.46, with the EPS growth for the year raised at -$1.3 for 2024 and -$0.89 for next year. These figures represent 82.50% and 31.50% growth in EPS for the two years respectively.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at $470.89 million, with a low of $381.6 million and a high of $536.06 million. The median projection represents growth adding up to -20.20% compared to sales growth for the corresponding quarter a year ago. According to analyst consensus estimates figures, the company’s yearly revenue forecast for 2024 is expected to hit $2.23 billion, or -1.20% down from figures reported last year.
On the other hand, looking at the outlook for the RUN stock, short term indicators assign the stock an average of 100% Sell, while medium term indicators assign it an average of 100% Sell. Long term indicators on average place the stock in the category of 100% Sell.
Looking further, we note the current price level is -4.31% off its SMA20 and -9.12% from its 50-day simple moving average. The RSI (14) is pointing at 46.92 while the volatility over the past week is 7.26% and jumps to 7.11% over the past one month. The beta value is 2.49, while the average true range (ATR) is currently pointing at 0.85.
Coming back to Sunrun Inc (NASDAQ:RUN), we note that the average 3-month trading volume was 14.31 million. Current shares outstanding are 219.39 million.
The insiders hold 3.14% of the company’s shares while institutions hold 102.75%. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock -45.39% down in year-to-date price movement.
