Sunrun Inc. (NASDAQ:RUN) registered a -5.41% decrease, still its new closing price is 26.51% up from the company’s 1 year high of 10.19.It posted -6.08% losses in previous 5 sessions and is now the subject of 3 analysts who together assign a hold rating on stock. 0 of Wall Street analysts have an underperform rating; the 0 sells versus 3 buy or better ratings. The 11 stock analysts following this company have an average price target at $10.25, with individual PT in the $6.50-$16.00 range. The shares moved at $5.25, implying that brokerage firms see shares losing about -44.85% in twelve months time.
Sunrun Inc. (RUN) SEC Form 4 News
The stock is getting much attention these days as insiders are offloading shares while they posted a -1.13% fall year to date. A Director, 10% Owner at Sunrun Inc. (RUN) offloaded shares in a transaction closed on Tuesday September 13, 2016. Vassallo Steven sold 755 shares in the company at $5.73 each and collected $4,000 in proceeds. Vassallo Steven now owns 10,892,668 shares in the company after this transaction. A 10% Owner in the company, Foundation Capital VI Principa, disclosed a transaction on Tuesday September 13, 2016 that ended up generating $246,000 from the sale of 42,306 shares at $5.82 per share.
Sunrun Inc. (NASDAQ:RUN) Upcoming Results on Tap
Sunrun Inc. will next provide financial results for the March 2017 quarter. Stock analysts expect it to report per-share earnings of $0.20 in that period. Sales during the quarter are predicted to arrive at $119.09 million.
Earnings surprise history: Last quarter, the company posted approximately $112.03 million in revenue and EPS of $0.16. The mean forecast was for $132.61 million and $-0.14 a share, respectively. One quarter earlier, revenue for the stock was at $122.54 million, with earnings at $0.31/share.
Sunrun Inc. (RUN) Brokerage Update
Sunrun Inc. (RUN) is in Barclays’s research list so their analyst rating change is noteworthy. These shares were upgraded to Overweight from Equal Weight by Barclays, according to news reported on Tuesday November 22, 2016.Another important research note was issued by JMP Securities on Thursday November 10, 2016.The firm downgraded RUN to Mkt Perform from Mkt Outperform. Over the last six months and over the last three months, the shares of Sunrun Inc. (RUN), have changed 1.35% and -2.23%, respectively.