News coverage about Sunrun (NASDAQ:RUN) has trended somewhat positive recently, Accern Sentiment Analysis reports. The research firm ranks the sentiment of media coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Sunrun earned a news sentiment score of 0.09 on Accern’s scale. Accern also assigned media headlines about the energy company an impact score of 46.1379142535281 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
A number of equities analysts have recently commented on the company. Bank of America Corporation reaffirmed a “neutral” rating and issued a $8.00 price target (up from $7.75) on shares of Sunrun in a report on Thursday, August 10th. Oppenheimer Holdings, Inc. reaffirmed a “buy” rating and issued a $10.00 price target on shares of Sunrun in a report on Thursday, November 9th. BidaskClub lowered Sunrun from a “buy” rating to a “hold” rating in a report on Wednesday, September 20th. Barclays PLC lifted their price objective on Sunrun from $6.00 to $8.00 and gave the company an “overweight” rating in a research note on Tuesday, August 8th. Finally, Zacks Investment Research lowered Sunrun from a “hold” rating to a “sell” rating in a research note on Thursday, November 9th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating, six have given a buy rating and one has given a strong buy rating to the stock. Sunrun currently has an average rating of “Buy” and an average target price of $7.88.
Sunrun (NASDAQ RUN) traded up $0.01 during trading hours on Friday, reaching $6.05. The company had a trading volume of 734,075 shares, compared to its average volume of 1,088,418. The company has a market capitalization of $644.99 and a price-to-earnings ratio of 7.09. Sunrun has a 12 month low of $4.21 and a 12 month high of $7.78. The company has a quick ratio of 0.60, a current ratio of 0.72 and a debt-to-equity ratio of 0.89.
Sunrun (NASDAQ:RUN) last posted its quarterly earnings data on Wednesday, November 8th. The energy company reported $0.25 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.14 by $0.11. The company had revenue of $141.29 million during the quarter, compared to analyst estimates of $146.56 million. Sunrun had a return on equity of 9.25% and a net margin of 18.79%. The firm’s quarterly revenue was up 26.1% on a year-over-year basis. During the same quarter last year, the company earned $0.16 earnings per share. equities analysts predict that Sunrun will post 0.64 earnings per share for the current year.
In other Sunrun news, insider Steven Vassallo sold 33,576 shares of the firm’s stock in a transaction dated Monday, August 28th. The stock was sold at an average price of $7.16, for a total transaction of $240,404.16. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. In the last 90 days, insiders have acquired 1,228,000 shares of company stock worth $24,560 and have sold 138,576 shares worth $243,504. Company insiders own 24.13% of the company’s stock.
Sunrun Company Profile
Sunrun Inc is engaged in the design, development, installation, sale, ownership and maintenance of residential solar energy systems (Projects) in the United States. The Company is engaged in providing solar energy services and products to its customers. As of December 31, 2016, it operated a fleet of residential solar energy systems in the United States, with approximately 134,000 customers across 16 states, as well as the District of Columbia.
Receive News & Ratings for Sunrun Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sunrun Inc. and related companies with MarketBeat.com's FREE daily email newsletter.