BidaskClub cut shares of Sunrun (NASDAQ:RUN) from a hold rating to a sell rating in a report published on Wednesday.

Several other research analysts have also weighed in on RUN. ValuEngine lowered Sunrun from a strong-buy rating to a buy rating in a research report on Friday, February 2nd. Zacks Investment Research lowered Sunrun from a buy rating to a hold rating in a research report on Wednesday, January 10th. Oppenheimer reaffirmed a buy rating and issued a $10.00 target price on shares of Sunrun in a research report on Thursday, November 9th. Deutsche Bank set a $10.00 target price on Sunrun and gave the stock a buy rating in a research report on Monday, January 22nd. Finally, Bank of America assumed coverage on Sunrun in a research report on Monday, November 6th. They issued a buy rating on the stock. One investment analyst has rated the stock with a sell rating, seven have given a buy rating and two have issued a strong buy rating to the company’s stock. Sunrun presently has an average rating of Buy and a consensus price target of $8.21.

Sunrun (NASDAQ:RUN) opened at $5.37 on Wednesday. The firm has a market capitalization of $571.89, a price-to-earnings ratio of 6.17, a P/E/G ratio of 0.14 and a beta of -0.48. Sunrun has a 52-week low of $4.21 and a 52-week high of $7.78. The company has a current ratio of 0.72, a quick ratio of 0.60 and a debt-to-equity ratio of 0.89.

Sunrun (NASDAQ:RUN) last posted its quarterly earnings results on Wednesday, November 8th. The energy company reported $0.25 earnings per share for the quarter, beating the consensus estimate of $0.14 by $0.11. Sunrun had a return on equity of 9.25% and a net margin of 18.79%. The firm had revenue of $141.29 million for the quarter, compared to analyst estimates of $146.56 million. During the same period in the previous year, the firm earned $0.16 earnings per share. Sunrun’s quarterly revenue was up 26.1% on a year-over-year basis. equities analysts predict that Sunrun will post 0.95 EPS for the current fiscal year.

Several institutional investors and hedge funds have recently added to or reduced their stakes in RUN. Suntrust Banks Inc. bought a new stake in shares of Sunrun during the 2nd quarter worth about $112,000. Russell Investments Group Ltd. bought a new stake in shares of Sunrun during the 3rd quarter worth about $123,000. Citigroup Inc. boosted its stake in shares of Sunrun by 760.3% during the 2nd quarter. Citigroup Inc. now owns 18,678 shares of the energy company’s stock worth $133,000 after acquiring an additional 16,507 shares in the last quarter. Teacher Retirement System of Texas bought a new stake in shares of Sunrun during the 4th quarter worth about $140,000. Finally, Legal & General Group Plc boosted its stake in shares of Sunrun by 16.3% during the 2nd quarter. Legal & General Group Plc now owns 19,795 shares of the energy company’s stock worth $141,000 after acquiring an additional 2,768 shares in the last quarter. Institutional investors own 78.69% of the company’s stock.

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Sunrun Company Profile

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.

Analyst Recommendations for Sunrun (NASDAQ:RUN)

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