Sunrun Inc (NASDAQ: RUN) has reported a loss for its first fiscal quarter (ending March 31) of $-0.40 versus a loss $-1.12 for the same period a year ago. Relative to the consensus estimate of $-0.19, this was a shortfall of $-0.21. For the latest four quarters through March 31, E.P.S. were $-6.66 compared to $0.11 a year ago — a decline of -6155%.
Recent Price Action
Sunrun Inc (NASDAQ: RUN) stock closed at $11.51 on 5/8/24 after a decline of -2.3%. However, trading volume in this decline was below average at 72% of normal. The stock has risen 11.9% during the last week but has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to exceed the cost of capital, RUN is expected to be a modest Value Builder.
Sunrun has a current Value Trend Rating of B (Positive). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Sunrun has a very high Appreciation Score of 96 but a poor Power Rating of 29, leading to the Positive Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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