Talen Energy Corp (NASDAQ:TLN) traded at $193.25 at last check on current trade day and made an upward move of 0.57% on its previous day’s price.
Looking at the stock we see that its previous close was $192.16 with the day’s price range being $191.6813 – $206.16. The company has a trailing 12-month PE ratio of 10.35. In terms of its 52-week price range, TLN has a high of $258.03 and a low of $64.51. The company’s stock has lost about -6.57% over that past 30 days.
Talen Energy Corp has a market cap of $1.42 billion and is expected to release its quarterly earnings report in February.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at 480.97M, with a low of 454.94M and a high of 507M. The median projection represents growth adding up to -8.73% compared to sales growth for the corresponding quarter a year ago. According to analyst consensus estimates figures, the company’s yearly revenue forecast for current year is expected to hit 2B, or -21.58% down from figures reported last year.
On the other hand, looking at the outlook for the TLN stock, short term indicators assign the stock an average of 50% Buy, while medium term indicators assign it an average of 50% Buy.
Looking further, we note the current price level is -12.14% off its SMA20 and -9.44% from its 50-day simple moving average. The RSI (14) is pointing at 37.65 while the volatility over the past week is 6.33% and jumps to 5.01% over the past one month. The beta value is 1.35, while the average true range (ATR) is currently pointing at 14.06. The average price target for the stock over the next 12 months is $222, with the estimates having a low of $197 and a high of $233. These price ends are -1.94% and -20.57% off the today’s price level respectively, although investors could be excited at the prospect of a -14.88% if the TLN share price touches on the median price of $222.
Coming back to Talen Energy Corp (NASDAQ:TLN), we note that the average 3-month trading volume was 1.00 million, while that of the preceding 10-day period stands at 1.17 million. Current shares outstanding are 50.86 million.
The insiders hold 2.34% of the company’s shares while institutions hold 90.02%. The data shows that short shares as of 2024-10-31, stood at 2.53 million at a short ratio of 2.69. Shares short fall in October from the previous month at 2.53 million. Investors should be excited about this stock as its upside potential is great, with today’s price pushing the stock -4.08% down in year-to-date price movement.
