Sunrun (RUN) to Release Quarterly Earnings on Wednesday

Sunrun (NASDAQ:RUN - Get Free Report) is anticipated to release its earnings data before the market opens on Wednesday, February 19th. Analysts expect Sunrun to post earnings of ($0.25) per share and revenue of $540.47 million for the quarter. Persons that are interested in registering for the company's earnings conference call can do so using this link.

Sunrun Stock Up 2.8 %

RUN stock traded up $0.24 on Friday, reaching $8.82. 7,499,245 shares of the company traded hands, compared to its average volume of 10,613,304. The firm has a fifty day simple moving average of $9.62 and a 200-day simple moving average of $13.72. The company has a market cap of $1.98 billion, a P/E ratio of -4.85 and a beta of 2.59. Sunrun has a one year low of $7.87 and a one year high of $22.26. The company has a debt-to-equity ratio of 1.92, a current ratio of 1.47 and a quick ratio of 1.15.

Insiders Place Their Bets

In other Sunrun news, CEO Mary Powell sold 4,350 shares of Sunrun stock in a transaction on Monday, January 6th. The shares were sold at an average price of $11.18, for a total value of $48,633.00. Following the completion of the transaction, the chief executive officer now directly owns 560,321 shares of the company's stock, valued at $6,264,388.78. This trade represents a 0.77 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Director Lynn Michelle Jurich sold 50,000 shares of the company's stock in a transaction dated Friday, January 17th. The shares were sold at an average price of $9.59, for a total transaction of $479,500.00. Following the sale, the director now owns 991,753 shares in the company, valued at $9,510,911.27. This represents a 4.80 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 164,830 shares of company stock worth $1,614,147 over the last three months. 3.77% of the stock is currently owned by company insiders.

Analyst Ratings Changes

RUN has been the topic of a number of analyst reports. BNP Paribas upgraded shares of Sunrun from a "neutral" rating to an "outperform" rating and set a $16.00 price target on the stock in a research note on Tuesday, January 7th. BMO Capital Markets dropped their target price on shares of Sunrun from $20.00 to $11.00 and set a "market perform" rating on the stock in a research note on Monday, November 11th. Oppenheimer decreased their price objective on shares of Sunrun from $22.00 to $20.00 and set an "outperform" rating for the company in a report on Friday, November 8th. Roth Mkm lowered their price objective on Sunrun from $35.00 to $30.00 and set a "buy" rating on the stock in a research report on Friday, November 8th. Finally, Guggenheim cut Sunrun from a "buy" rating to a "neutral" rating in a research note on Thursday, November 7th. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating and fourteen have issued a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $18.36.

About Sunrun

Sunrun Inc designs, develops, installs, sells, owns, and maintains residential solar energy systems in the United States. It also sells solar energy systems and products, such as panels and racking; and solar leads generated to customers. In addition, the company offers battery storage along with solar energy systems; and sells services to commercial developers through multi-family and new homes.