Sunrun moved -2.2% this afternoon session, trading between a high of $15.032 and a low of $14.45 per share. Yesterday the stock finished at $14.88 per share, compared to an average analyst target price of $33.61.
Sunrun Inc. engages in the design, development, installation, sale, ownership, and maintenance of residential solar energy systems in the United States. The mid-cap solar company is based in the United States. Sunrun has trailing twelve months earnings per share (EPS) of 0.1, which at today's prices amounts to a price to earnings (P/E) ratio of 145.5.
Based on its expected future earnings growth, the company has a price to earnings growth (PEG) ratio of 1.84. Usually a PEG ratio between 0 and 1 indicates a potentially undervalued company.
Overview of the Company's Gross Margins:
| Date Reported | Revenue ($ k) | Cost of Revenue ($ k) | Gross Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2022-12-31 | 2,321,422 | 2,022,710 | 12.87 | -15.27 |
| 2021-12-31 | 1,609,954 | 1,365,472 | 15.19 | -21.58 |
| 2020-12-31 | 922,191 | 743,526 | 19.37 | -21.83 |
| 2019-12-31 | 858,578 | 645,829 | 24.78 | n/a |
Sunrun's 18.1% average gross margins are thinner than the 62.86% average of the Solar industry, implying that the firm might be lacking in competitivity.
