Sunrun RUN has been analyzed by 13 analysts in the last three months, revealing a diverse range of perspectives from bullish to bearish.
The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.
Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
---|---|---|---|---|---|
Total Ratings | 6 | 4 | 3 | 0 | 0 |
Last 30D | 0 | 0 | 1 | 0 | 0 |
1M Ago | 1 | 0 | 0 | 0 | 0 |
2M Ago | 2 | 2 | 0 | 0 | 0 |
3M Ago | 3 | 2 | 2 | 0 | 0 |
Analysts have set 12-month price targets for Sunrun, revealing an average target of $21.46, 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 8.91%.
Understanding Analyst Ratings: A Comprehensive Breakdown
The standing of Sunrun among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
---|---|---|---|---|---|
Jordan Levy | Truist Securities | Raises | Hold | $15.00 | $10.00 |
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 | - |
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: Providing a comprehensive analysis, analysts offer qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Sunrun compared to the broader market.
- Price Targets: Analysts gauge the dynamics of price targets, providing estimates for the future value of Sunrun's stock. This comparison reveals trends in analysts' expectations over time.
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.
Get to Know Sunrun Better
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's Economic Impact: An Analysis
Market Capitalization Analysis: Below industry benchmarks, the company's market capitalization reflects a smaller scale relative to peers. This could be attributed to factors such as growth expectations or operational capacity.
Revenue Challenges: Sunrun's revenue growth over 3 months faced difficulties. As of 30 September, 2023, the company experienced a decline of approximately -10.88%. This indicates a decrease in top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Industrials sector.
Net Margin: Sunrun's net margin is impressive, surpassing industry averages. With a net margin of -189.9%, the company demonstrates strong profitability and effective cost management.
Return on Equity (ROE): The company's ROE is below industry benchmarks, signaling potential difficulties in efficiently using equity capital. With an ROE of -17.52%, the company may need to address challenges in generating 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: Sunrun's debt-to-equity ratio surpasses industry norms, standing at 1.9. This suggests the company carries a substantial amount of debt, posing potential financial challenges.
The Basics of Analyst Ratings
Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.
Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.
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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