Analysts' ratings for Sunrun RUN over the last quarter vary from bullish to bearish, as provided by 15 analysts.
The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 4 | 5 | 5 | 0 | 1 |
| Last 30D | 1 | 0 | 0 | 0 | 0 |
| 1M Ago | 0 | 0 | 2 | 0 | 0 |
| 2M Ago | 1 | 3 | 2 | 0 | 1 |
| 3M Ago | 2 | 2 | 1 | 0 | 0 |
In the assessment of 12-month price targets, analysts unveil insights for Sunrun, presenting an average target of $19.32, a high estimate of $35.00, and a low estimate of $7.78. This current average represents a 20.2% decrease from the previous average price target of $24.21.
Deciphering Analyst Ratings: An In-Depth Analysis
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 |
|---|---|---|---|---|---|
| Brian Lee | Goldman Sachs | Lowers | Buy | $17.00 | $19.00 |
| Jon Windham | UBS | Lowers | Neutral | $14.00 | $18.00 |
| Kashy Harrison | Piper Sandler | Lowers | Neutral | $11.00 | $23.00 |
| Stephen Byrd | Morgan Stanley | Lowers | Overweight | $27.00 | $35.00 |
| Jordan Levy | Truist Securities | Lowers | Hold | $12.00 | $18.00 |
| Ameet Thakkar | BMO Capital | Lowers | Market Perform | $11.00 | $20.00 |
| Robert Freeman | Roth MKM | Lowers | Buy | $30.00 | $35.00 |
| Michael Blum | Wells Fargo | Lowers | Overweight | $15.00 | $20.00 |
| Colin Rusch | Oppenheimer | Lowers | Outperform | $20.00 | $22.00 |
| Gordon Johnson | GLJ Research | Announces | Sell | $7.78 | - |
| Christine Cho | Barclays | Lowers | Equal-Weight | $18.00 | $19.00 |
| Biju Perincheril | Susquehanna | Lowers | Positive | $23.00 | $24.00 |
| Julien Dumoulin-Smith | Jefferies | Lowers | Buy | $29.00 | $31.00 |
| Brian Lee | Goldman Sachs | Maintains | Buy | $20.00 | $20.00 |
| Stephen Byrd | Morgan Stanley | Maintains | Overweight | $35.00 | $35.00 |
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: Analyzing trends, analysts offer qualitative evaluations, ranging from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Sunrun compared to the broader market.
- Price Targets: Analysts explore the dynamics of price targets, providing estimates for the future value of Sunrun's stock. This examination reveals shifts in analysts' expectations over time.
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.
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.
Key Indicators: Sunrun's Financial Health
Market Capitalization: With restricted market capitalization, the company is positioned below industry averages. This reflects a smaller scale relative to peers.
Revenue Growth: Sunrun's revenue growth over a period of 3 months has faced challenges. As of 30 September, 2024, the company experienced a revenue decline of approximately -4.62%. This indicates a decrease in the company's 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 -15.59%, the company demonstrates strong profitability and effective cost management.
Return on Equity (ROE): Sunrun's ROE stands out, surpassing industry averages. With an impressive ROE of -1.57%, the company demonstrates effective use of equity capital and strong financial performance.
Return on Assets (ROA): The company's ROA is below industry benchmarks, signaling potential difficulties in efficiently utilizing assets. With an ROA of -0.38%, the company may need to address challenges in generating satisfactory returns from its assets.
Debt Management: Sunrun's debt-to-equity ratio stands notably higher than the industry average, reaching 2.38. This indicates a heavier reliance on borrowed funds, raising concerns about financial leverage.
The Significance of Analyst Ratings Explained
Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
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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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