A better buy-in window may exist right now for Sunrun Inc (RUN)

With 17.57 million shares changed hands, the volume of the stock remained heavier than its average volume of 13.57 million shares. During the session, the Solar company that operates in wider Technology sector, reached to the highest price of $13.3 whereas the lowest price it dropped to was $12.09. The 52-week range on RUN shows that it touched its highest point at $23.85 and its lowest point at $8.43 during that stretch. It currently has a 1-year price target of $19.24. Beta for the stock currently stands at 2.60.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of RUN was up-trending over the past week, with a rise of 4.16%, but this was up by 14.78% over a month. Three-month performance dropped to -19.44% while six-month performance rose 29.98%. The stock lost -25.41% in the past year, while it has lost -37.49% so far this year. A look at the trailing 12-month EPS for RUN yields -6.67 with Next year EPS estimates of -1.07. For the next quarter, that number is -0.27. This implies an EPS growth rate of 84.29% for this year and 8.03% for next year.

Float and Shares Shorts:

At present, 219.39 million RUN shares are outstanding with a float of 214.71 million shares on hand for trading. On 2024-04-30, short shares totaled 53.1 million, which was 2395.9999 higher than short shares on 1711584000. In addition to Mr. Edward Harris Fenster as the firm’s Co-Founder & Executive Co-Chair of the Board, Ms. Lynn Michelle Jurich serves as its Co-Founder & Executive Co-Chair of the Board.

Institutional Ownership:

Through their ownership of 1.07049 of RUN’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-03-31, RUN reported revenue of $458188000.0 and operating income of -$183122000.0. The EBITDA in the recently reported quarter was $57328000.0 and diluted EPS was -$0.4.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for RUN since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.