Talen Energy Corp (NASDAQ:TLN) price on current trading day, rose 3.73% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $210.30.
A look at the stock’s price movement, the close in the last trading session was $202.74, moving within a range at $201.82 and $214.42. The PE ratio in trailing twelve months stood at 12.10. Turning to its 52-week performance, $258.03 and $86.59 were the 52-week high and 52-week low respectively. Overall, TLN moved -16.00% over the past month.
Talen Energy Corp’s market cap currently stands at around $9.67 billion, with investors looking forward to this quarter’s earnings report slated for on 2025-Feb-26.
Analysts have a consensus estimate of 556.93M for the company’s revenue for the quarter, with a low and high estimate of 454M and 658.42M respectively. The average forecast suggests up to a 9.42% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 2.25B, representing a 6.61% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that TLN is a Hold. On the other hand, the stock is on average a 50% Buy as suggested by medium term indicators while long term indicators are putting the stock in 50% Buy category.
TLN’s current price about 4.88% and -3.69% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 52.03, while 7-day volatility ratio is 4.78% and 7.71% in the 30-day chart. Further, Talen Energy Corp (TLN) has a beta value of 1.50, and an average true range (ATR) of 14.62. Analysts have given the company’s stock an average 52-week price target of $225, forecast between a low of $200 and high of $233. Looking at the price targets, the low is 4.9% off current price level while to achieve the yearly target high, price needs to move -10.79%. Nonetheless, investors will most likely welcome a -6.99% jump to $225 which is the analysts’ median price.
If we refocus on Talen Energy Corp (NASDAQ:TLN), historical trading data shows that trading volumes averaged 1.72 over the past 10 days and 1.26 million over the past 3 months. The company’s latest data on shares outstanding shows there are 45.96 million shares.
The 2.33% of Talen Energy Corp’s shares are in the hands of company insiders while institutional holders own 98.65% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 2.12 million on 2025-02-28, giving us a short ratio of 1.78. Current price change has pushed the stock 4.38% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the TLN stock continues to rise going into the next quarter.
