Sunrun Inc. (RUN Stocks) Overview: A Comprehensive Look at the Solar Energy Leader

Sunrun Inc. (NASDAQ: RUN) (Run stocks)is a leading player in the solar energy industry, dedicated to designing, developing, installing, selling, owning, and maintaining residential solar energy systems.

Founded in January 2007 by Edward Harris Fenster, Robert Nat Kreamer, and Lynn Michelle Jurich, Sunrun has its headquarters in San Francisco, CA. With a market capitalization of 3.22 billion USD and a workforce of approximately 10,830 employees, Sunrun continues to make significant strides in the renewable energy sector.

Recent Stock Price & Performance

As of the market close, Sunrun’s stock price stands at 14.53 USD, reflecting a slight increase of 0.07 USD or 0.48%. This positions the company positively, considering the broader market conditions.

Business Model and Offerings

Sunrun Inc. offers its solar services through three main channels:

  1. Direct-to-Consumer: Direct sales to homeowners.
  2. Solar Partnerships: Collaborations with other solar companies.
  3. Strategic Partnerships: Alliances with various stakeholders to expand market reach.

The company focuses on providing solar service offerings and installation of solar energy systems, allowing customers to harness renewable energy efficiently.

Financial Overview Of Sunrun

  • Market Capitalization: 3.22 billion USD
  • Debt: 11.54 billion USD
  • Minority Interest: 1.58 billion USD
  • Cash & Equivalents: 783.03 million USD
  • Enterprise Value: 15.55 billion USD

Despite its high debt levels, Sunrun maintains a strong position in the market, emphasizing its long-term growth strategy and investment in renewable energy solutions.

Financial Performance of Sunrun Inc

Sunrun’s financial performance has seen varied trends over the years:

  • Revenue: Steady growth, reaching substantial figures in recent years.
  • Net Income: The company has faced challenges in maintaining profitability, with a reported Basic EPS (TTM) of -6.66 USD.
  • Price to Sales Ratio (P/S): 1.49x, indicating a moderate valuation relative to its sales.

Recent Developments and Future Outlook (Run stocks)

Sunrun’s focus remains on expanding its market share and improving its financial health. The company does not currently pay dividends and has not historically done so. However, it continues to invest in growth and innovation within the solar energy sector.

Key Metrics and Ratios (Run stocks)

  • Market Cap: 3.22 billion USD
  • Enterprise Value: 15.55 billion USD
  • Revenue: Consistent growth in recent years, reaching significant levels.
  • Net Income: Showing improvement but still facing challenges.
  • Debt to Free Cash Flow: High debt levels require careful management and strategic planning.

CEO and Leadership

Under the leadership of CEO Mary G. Powell, Sunrun continues to drive its mission of making solar energy accessible and affordable for homeowners across the United States.

Where can I buy Sunrun stock?

You can buy Sunrun stock through various stock exchanges and trading platforms. For example, you can buy Sunrun stock on the NASDAQ stock exchange or through online trading platforms like Robinhood, Fidelity, or E*TRADE.

What type of stock is Sunrun?

Sunrun is a publicly traded company listed on the NASDAQ stock exchange under the ticker symbol RUN. It is a renewable energy company that specializes in designing, developing, installing, and maintaining residential solar energy systems.

What is Sunrun Inc market share?

Sunrun Inc. is a significant player in the residential solar energy market. As of the last reported data, Sunrun Inc. has a market capitalization of $2.97 billion and approximately 221.66 million shares outstanding.

What is the PE ratio of Sunrun stock?

The price-to-earnings (P/E) ratio of Sunrun stock is 96.88, which is calculated by dividing the current stock price by the earnings per share (EPS) for the year 2024, which is $26.37.

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What are the main factors driving Sun run’s stock performance

Sunrun Inc.’s stock performance is shaped by several key factors:

  1. Growth Potential: Sunrun shows strong growth in revenue, with a 3-year growth rate of 15.20% and a 5-year growth rate of 13.30%. This indicates the company is on a positive growth path.
  2. Stable Income: The company offers long-term agreements for its solar energy systems, ensuring a steady stream of income and distinguishing it from competitors.
  3. Rising Demand for Renewable Energy: Increasing environmental concerns and government incentives boost the demand for renewable energy solutions, benefiting Sunrun’s business and supporting its growth.
  4. Competitive Edge: Sunrun holds a strong position in the U.S. residential solar energy market, maintaining its presence despite competition from companies like NEXTracker Inc. and JinkoSolar Holding Co. Ltd.
  5. Investor Confidence: High-profile investors like Jeremy Grantham, Steven Cohen, and Philippe Laffont hold significant stakes in Sunrun, which can boost confidence among other potential investors.
  6. Valuation Insights: While some warn of a “Possible Value Trap,” indicating caution, Sunrun’s valuation might appeal to value investors looking for potentially undervalued stocks.
  7. Analyst Expectations: Analysts predict revenue growth for Sunrun that is lower than the industry average, leading to a low price-to-sales (P/S) ratio. This suggests that future growth expectations are modest.

These factors collectively influence Sunrun’s stock performance, with recent gains driven by its growth potential, strong market position, and investor confidence.

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Conclusion – (Run stocks)

Sunrun Inc. remains a prominent player in the renewable energy market, with a clear focus on residential solar energy solutions. While the company faces challenges related to profitability and debt management, its growth in revenue and market presence highlight its potential for future success.

Investors and stakeholders will keenly watch Sunrun’s strategic moves and financial performance in the coming years.

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