Talen Energy Corp (NASDAQ:TLN) concluded the trading at $224.95 on Thursday, January 30 with a rise of 5.12% from its closing price on previous day.
Taking a look at stock we notice that its last check on previous day was $214.00 with its price kept floating in the range of $218.585 and $230.0 on the day. Company’s P/E ratio for the trailing 12 months is 12.04. Considering stock’s 52-week price range provides that TLN hit a high price of $258.03 and saw its price falling to a low level of $64.51 during that period. Over a period of past 1-month, stock came adding 12.41% in its value.
With its current market valuation of $11.44 billion, Talen Energy Corp is set to declare its quarterly results in February. Analysts are in estimates of 0.1 per share for company’s earnings in the current quarter and are expecting its annual EPS growth moving up to 4.93 for current year with estimates of that growing to 7.79 in next year.
Analysts watching the company’s growth closely have provided estimates for its revenue growth with an average revenue estimate of 480.97M. They suggested that in the process company could generate revenue of as low as 454.94M which could climb up to 507M to hit a high. The average estimate is representing a decrease of -8.73% in sales growth from that of posted by the company in the same quarter of last year. In keeping analyst consensus estimate with, company is forecasted to be making an annual revenue of 2B in current fiscal year, which will be -21.58% less from revenue generated by the company last year.
In contrast, when we review TLN stock’s current outlook then short term indicators are assigning it an average of 100% Buy, while medium term indicators are categorizing the stock at an average of 100% Buy. Long term indicators are suggesting an average of 100% Buy for it.
Digging deeper we become aware of the PEG ratio of the TLN stock which is currently positioned at 0. It further provides that stock’s current price level is 1.17% away from its 20-day simple moving average and is 5.01% off its SMA50. Its relative strength index (RSI) for 14-periods is oscillating at 52.55 while volatility remained at 7.86% over the past week which changes to 5.38% when measuring it over the past month. Beta is valued at 1.37, while measure of average true range or ATR is currently at 14.29. In predicting price targets of as low as $197 and as high as $233, analysts are in agreement on assigning the stock over the next 12 months average price target of $222. Stock’s current price level is 12.42% above from estimated low price target while it is -3.58% below the estimated high; and even if the TLN’s share succeeded to reach the median price of $222, then the outlook of 1.31% could come to the excitement of the investors.
Having a second look at Talen Energy Corp (NASDAQ:TLN) provides that stock’s average daily trading volume for 3 months was 1.06 million, while it jumped to 1797900 when we calculate an average volume for past 10 days. Number of outstanding shares of the stock stood at 50.86 million.
The percentage of outstanding shares held by the insiders is 2.34% while it is 90.04% for the institutional holders. In October the standing of shares short improved as it was 2.53 million in the previous month. Addition of 11.65% by stock’s current price to its year-to-date value in last trading session is likely to be increasing investors’ interest in the stock as it is hinting an extended uptrend.
