Sunrun (RUN) Given Daily Coverage Optimism Rating of 0.19

Media stories about Sunrun (NASDAQ:RUN) have trended somewhat positive on Sunday, Accern reports. The research group identifies positive and negative news coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Sunrun earned a media sentiment score of 0.19 on Accern’s scale. Accern also gave news articles about the energy company an impact score of 46.0322513425592 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

These are some of the news articles that may have impacted Accern Sentiment’s analysis:

• Sg Americas Securities, LLC Sold A Lot More Sunrun Inc. (RUN) Stock Last Quarter – First News 24 (firstnewspaper24.com)
• Sunrun Inc. (NasdaqGS:RUN) & TMAC Resources Inc. (TSX:TMR) Valuation at a Glance – Financial News Review (finnewsreview.com)
• Sunrun Residential Solar Panel Firm Enters Houston Market; Leases Sugar Land Space (realtynewsreport.com)
• Brokerages Expect Sunrun Inc. (NASDAQ:RUN) to Announce $0.20 EPS (americanbankingnews.com)
• Sunrun Inc. (NASDAQ:RUN) Set to Announce Earnings on Monday (americanbankingnews.com)

Several analysts recently issued reports on the stock. Goldman Sachs Group, Inc. (The) set a $10.00 price target on shares of Sunrun and gave the stock a “buy” rating in a research report on Tuesday, June 20th. Zacks Investment Research upgraded shares of Sunrun from a “hold” rating to a “buy” rating and set a $7.75 price target on the stock in a research report on Wednesday, July 12th. Finally, ValuEngine upgraded shares of Sunrun from a “buy” rating to a “strong-buy” rating in a research report on Thursday, July 6th. Two research analysts have rated the stock with a hold rating, seven have assigned a buy rating and two have given a strong buy rating to the stock. The company currently has an average rating of “Buy” and an average target price of $9.42.

Shares of Sunrun (NASDAQ RUN) traded up 0.41% during trading on Friday, reaching $7.27. 578,483 shares of the company traded hands. The stock has a market capitalization of $766.58 million, a PE ratio of 8.47 and a beta of -0.69. Sunrun has a 12-month low of $4.15 and a 12-month high of $7.64. The firm’s 50-day moving average is $6.86 and its 200-day moving average is $5.71.

Sunrun (NASDAQ:RUN) last released its quarterly earnings results on Wednesday, May 10th. The energy company reported $0.12 EPS for the quarter, topping the Zacks’ consensus estimate of ($0.03) by $0.15. Sunrun had a net margin of 19.88% and a return on equity of 10.42%. The business had revenue of $104.10 million during the quarter, compared to analysts’ expectations of $117.13 million. During the same quarter in the previous year, the company earned $0.13 EPS. The business’s quarterly revenue was up 5.5% compared to the same quarter last year. On average, equities analysts predict that Sunrun will post $1.05 earnings per share for the current fiscal year.

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About Sunrun

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.