For its second fiscal quarter (ending June 30), Sunrun Inc (NASDAQ: RUN) has reported a 142% increase in E.P.S. from $0.26 a year ago to $0.63 in the current quarter. This performance was $1.03 better than the consensus estimate of $-0.40. E.P.S. were $-6.29 for the latest four quarters through June 30 versus $0.43 for the same period a year ago — a decline of -1563%.
Recent Price Action
On 8/6/24, Sunrun Inc (NASDAQ: RUN) stock declined slightly by -0.2%, closing at $16.49. However, trading volume in this decline was normal at 83% of normal. The stock has performed in line with the market over the last nine months and has risen 1.0% during the last week.
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). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Sunrun has a very high Appreciation Score of 92 but a slightly negative Power Rating of 33, and the Positive Value Trend Rating results.
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.
Be the first to comment