Sunrun Inc (RUN) is expecting 58.37% growth in the next quarter: What can investors do to maximize their returns?

Sunrun Inc (NASDAQ: RUN) kicked off on Friday, down -1.07% from the previous trading day, before settling in for the closing price of $19.61. Over the past 52 weeks, RUN has traded in a range of $8.43-$20.68.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

Over the past five-year period, the growth rate of yearbook sales for the company of the Technology sector was 27.30%. While this was happening, its average annual earnings per share was recorded 95.16%. With a float of $216.54 million, this company’s outstanding shares have now reached $219.39 million.

Considering the fact that the conglomerate employs 10833 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 8.26%, operating margin of -90.13%, and the pretax margin is -122.92%.

Sunrun Inc (RUN) Insider Activity

Our next focus will be how large-scale investors are participating in this stock of the Solar Industry. The insider ownership of Sunrun Inc is 2.99%, while institutional ownership is 115.56%. The most recent insider transaction that took place on Aug 07 ’24, was worth 464,969. In this transaction Chief Legal & People Officer of this company sold 24,161 shares at a rate of $19.24, taking the stock ownership to the 310,617 shares. Before that another transaction happened on Aug 07 ’24, when Company’s Officer proposed sale 24,161 for $19.24, making the entire transaction worth $464,970.

Sunrun Inc (RUN) Earnings and Forecasts

In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported -4.92 earnings per share (EPS), lower than consensus estimate (set at -0.2) by -4.72. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.21 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 95.16% per share during the next fiscal year.

Sunrun Inc (NASDAQ: RUN) Trading Performance Indicators

Take a look at Sunrun Inc’s (RUN) current performance indicators. Last quarter, stock had a quick ratio of 1.31. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.10.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -6.38, a number that is poised to hit -0.11 in the next quarter and is forecasted to reach -0.72 in one year’s time.

Technical Analysis of Sunrun Inc (RUN)

Compared to the last year’s volume of 13.39 million, its volume of 8.7 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic%D was 87.88%. Additionally, its Average True Range was 1.39.

During the past 100 days, Sunrun Inc’s (RUN) raw stochastic average was set at 96.79%, which indicates a significant increase from 93.32% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 78.47% in the past 14 days, which was lower than the 86.52% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $15.42, while its 200-day Moving Average is $13.72. Nevertheless, the first resistance level for the watch stands at $19.80 in the near term. At $20.19, the stock is likely to face the second major resistance level. The third major resistance level sits at $20.68. If the price goes on to break the first support level at $18.92, it is likely to go to the next support level at $18.43. Should the price break the second support level, the third support level stands at $18.04.

Sunrun Inc (NASDAQ: RUN) Key Stats

The company with the Market Capitalisation of 4.34 billion has total of 221,663K Shares Outstanding. Its annual sales at the moment are 2,260 M in contrast with the sum of -1,605 M annual income. Company’s last quarter sales were recorded 523,870 K and last quarter income was 139,070 K.