Sunrun (RUN) Getting Somewhat Favorable News Coverage, Analysis Finds
Press coverage about Sunrun (NASDAQ:RUN) has trended somewhat positive on Thursday, Accern Sentiment Analysis reports. The research group scores the sentiment of press coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Sunrun earned a news impact score of 0.18 on Accern’s scale. Accern also gave headlines about the energy company an impact score of 43.9670725859783 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Sunrun (NASDAQ RUN) opened at $5.87 on Thursday. The firm has a market cap of $626.84 and a price-to-earnings ratio of 6.67. Sunrun has a 52 week low of $4.21 and a 52 week high of $7.78. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.60 and a current ratio of 0.72.
Sunrun (NASDAQ:RUN) last posted its earnings results on Wednesday, November 8th. The energy company reported $0.25 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.14 by $0.11. The company had revenue of $141.29 million during the quarter, compared to analysts’ expectations of $146.56 million. Sunrun had a net margin of 18.79% and a return on equity of 9.25%. Sunrun’s quarterly revenue was up 26.1% on a year-over-year basis. During the same period last year, the company posted $0.16 earnings per share. equities analysts predict that Sunrun will post 0.64 EPS for the current fiscal year.
A number of analysts have recently issued reports on the stock. BidaskClub cut shares of Sunrun from a “hold” rating to a “sell” rating in a research note on Tuesday, October 10th. Zacks Investment Research cut shares of Sunrun from a “hold” rating to a “sell” rating in a research note on Tuesday, October 10th. Oppenheimer reissued a “buy” rating and issued a $10.00 price objective on shares of Sunrun in a research note on Thursday, November 9th. ValuEngine cut shares of Sunrun from a “strong-buy” rating to a “buy” rating in a research note on Friday, September 1st. Finally, Bank of America assumed coverage on shares of Sunrun in a research note on Monday, November 6th. They issued a “buy” rating for the company. One analyst has rated the stock with a sell rating, one has given a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company. Sunrun presently has a consensus rating of “Buy” and a consensus price target of $7.88.
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Sunrun Inc is engaged in the design, development, installation, sale, ownership and maintenance of residential solar energy systems (Projects) in the United States. The Company is engaged in providing solar energy services and products to its customers. As of December 31, 2016, it operated a fleet of residential solar energy systems in the United States, with approximately 134,000 customers across 16 states, as well as the District of Columbia.
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