Analysts' ratings for Sunrun RUN over the last quarter vary from bullish to bearish, as provided by 10 analysts.
The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.
Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
---|---|---|---|---|---|
Total Ratings | 3 | 4 | 3 | 0 | 0 |
Last 30D | 0 | 1 | 0 | 0 | 0 |
1M Ago | 1 | 2 | 2 | 0 | 0 |
2M Ago | 0 | 0 | 1 | 0 | 0 |
3M Ago | 2 | 1 | 0 | 0 | 0 |
Insights from analysts' 12-month price targets are revealed, presenting an average target of $21.0, a high estimate of $31.00, and a low estimate of $14.00. Observing a 13.51% increase, the current average has risen from the previous average price target of $18.50.
Decoding Analyst Ratings: A Detailed Look
The perception of Sunrun by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
---|---|---|---|---|---|
Christopher Dendrinos | RBC Capital | Lowers | Outperform | $15.00 | $17.00 |
Jordan Levy | Truist Securities | Lowers | Hold | $14.00 | $15.00 |
Kashy Harrison | Piper Sandler | Lowers | Overweight | $27.00 | $31.00 |
Colin Rusch | Oppenheimer | Maintains | Outperform | $19.00 | $19.00 |
Ameet Thakkar | BMO Capital | Raises | Market Perform | $20.00 | $18.00 |
Brian Lee | Goldman Sachs | Raises | Buy | $21.00 | $20.00 |
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 |
Key Insights:
- Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Sunrun. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Sunrun compared to the broader market.
- Price Targets: Understanding forecasts, analysts offer estimates for Sunrun's future value. Examining the current and prior targets provides insight into analysts' changing expectations.
Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into Sunrun's market standing. Stay informed and make well-considered decisions with our Ratings Table.
Stay up to date on Sunrun analyst ratings.
Discovering Sunrun: A Closer Look
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.
Breaking Down Sunrun's Financial Performance
Market Capitalization Analysis: Reflecting a smaller scale, the company's market capitalization is positioned below industry averages. This could be attributed to factors such as growth expectations or operational capacity.
Revenue Growth: Sunrun's revenue growth over a period of 3 months has faced challenges. As of 31 December, 2023, the company experienced a revenue decline of approximately -15.2%. This indicates a decrease in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Industrials sector.
Net Margin: Sunrun's net margin is below industry standards, pointing towards difficulties in achieving strong profitability. With a net margin of -67.78%, the company may encounter challenges in effective cost control.
Return on Equity (ROE): Sunrun's ROE falls below industry averages, indicating challenges in efficiently using equity capital. With an ROE of -6.46%, the company may face hurdles in generating optimal returns for shareholders.
Return on Assets (ROA): Sunrun's ROA falls below industry averages, indicating challenges in efficiently utilizing assets. With an ROA of -1.73%, the company may face hurdles in generating optimal returns from its assets.
Debt Management: Sunrun's debt-to-equity ratio surpasses industry norms, standing at 2.12. This suggests the company carries a substantial amount of debt, posing potential financial challenges.
The Basics of Analyst Ratings
Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.
Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.
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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