Analysts' ratings for Sunrun RUN over the last quarter vary from bullish to bearish, as provided by 19 analysts.
The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.
Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
---|---|---|---|---|---|
Total Ratings | 7 | 7 | 5 | 0 | 0 |
Last 30D | 0 | 0 | 0 | 0 | 0 |
1M Ago | 3 | 2 | 0 | 0 | 0 |
2M Ago | 1 | 0 | 0 | 0 | 0 |
3M Ago | 3 | 5 | 5 | 0 | 0 |
Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $20.89, along with a high estimate of $35.00 and a low estimate of $12.00. A negative shift in sentiment is evident as analysts have decreased the average price target by 21.58%.
Deciphering Analyst Ratings: An In-Depth Analysis
A comprehensive examination of how financial experts perceive Sunrun is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.
Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
---|---|---|---|---|---|
Maheep Mandloi | Mizuho | Raises | Buy | $28.00 | $23.00 |
Kashy Harrison | Piper Sandler | Raises | Overweight | $31.00 | $15.00 |
Brian Lee | Goldman Sachs | Raises | Buy | $20.00 | $17.00 |
Dushyant Ailani | Jefferies | Announces | Buy | $25.00 | - |
Stephen Byrd | Morgan Stanley | Lowers | Overweight | $24.00 | $26.00 |
Maheep Mandloi | Mizuho | Announces | Buy | $23.00 | - |
Robert Freeman | Roth MKM | Lowers | Buy | $35.00 | $55.00 |
Brian Lee | Goldman Sachs | Lowers | Buy | $17.00 | $19.00 |
Mark Strouse | JP Morgan | Lowers | Overweight | $16.00 | $21.00 |
Biju Perincheril | Susquehanna | Lowers | Positive | $21.00 | $26.00 |
Abhishek Sinha | Northland Capital Markets | Announces | Market Perform | $12.00 | - |
Ameet Thakkar | BMO Capital | Announces | Market Perform | $12.00 | - |
Moses Sutton | Exane BNP Paribas | Announces | Outperform | $20.00 | - |
Corinne Blanchard | Deutsche Bank | Lowers | Hold | $15.00 | $27.00 |
Mark Strouse | JP Morgan | Lowers | Overweight | $21.00 | $35.00 |
Vikram Bagri | Citigroup | Lowers | Buy | $19.00 | $21.00 |
Christine Cho | Barclays | Lowers | Equal-Weight | $17.00 | $27.00 |
Stephen Byrd | Morgan Stanley | Lowers | Overweight | $26.00 | $39.00 |
Kashy Harrison | Piper Sandler | Lowers | Neutral | $15.00 | $22.00 |
Key Insights:
- Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Sunrun. This insight gives a snapshot of analysts' perspectives on the current state of the company.
- Rating: Offering a comprehensive view, analysts assess stocks qualitatively, spanning from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Sunrun compared to the broader market.
- Price Targets: Analysts navigate through adjustments in price targets, providing estimates for Sunrun's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.
Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Sunrun's market position. Stay informed and make well-informed decisions with our Ratings Table.
Stay up to date on Sunrun analyst ratings.
Unveiling the Story Behind Sunrun
Sunrun is engaged in the design, development, installation, sale, ownership, and maintenance of residential solar energy systems in the United States. The company acquires customers directly and through relationships with various solar and strategic partners. The solar systems are constructed either by Sunrun or by Sunrun's partners and are owned by the company. Sunrun's customers typically enter into 20- to 25-year agreements to utilize its solar energy system. The company also sells solar energy systems and products, such as panels and racking, and solar leads generated to customers.
Sunrun: Delving into Financials
Market Capitalization: With restricted market capitalization, the company is positioned below industry averages. This reflects a smaller scale relative to peers.
Negative Revenue Trend: Examining Sunrun's financials over 3 months reveals challenges. As of 30 September, 2023, the company experienced a decline of approximately -10.88% in revenue growth, reflecting a decrease in top-line earnings. When compared to others in the Industrials sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Net Margin: Sunrun's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive -189.9% net margin, the company effectively manages costs and achieves strong profitability.
Return on Equity (ROE): Sunrun's ROE is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of -17.52%, the company may encounter challenges in delivering satisfactory returns for shareholders.
Return on Assets (ROA): Sunrun's ROA is below industry standards, pointing towards difficulties in efficiently utilizing assets. With an ROA of -5.28%, the company may encounter challenges in delivering satisfactory returns from its assets.
Debt Management: The company faces challenges in debt management with a debt-to-equity ratio higher than the industry average. With a ratio of 1.9, caution is advised due to increased financial risk.
Analyst Ratings: What Are They?
Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.
In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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