Now Is A Good Time To Buy Talen Energy Corp (NASDAQ: TLN)

During the last session, Talen Energy Corp (NASDAQ:TLN)’s traded shares were 0.37 million, with the beta value of the company hitting 1.28. At the end of the trading day, the stock’s price was $207.46, reflecting an intraday loss of -0.94% or -$1.96. The 52-week high for the TLN share is $230.89, that puts it down -11.29 from that peak though still a striking 72.04% gain since the share price plummeted to a 52-week low of $58.00. The company’s market capitalization is $10.55B, and the average intraday trading volume over the past 10 days was 0.7 million shares, and the average trade volume was 1.20 million shares over the past three months.

Talen Energy Corp (NASDAQ:TLN) trade information

Talen Energy Corp (TLN) registered a -0.94% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -0.94% in intraday trading to $207.46, hitting a weekly high. The stock’s 5-day price performance is -6.30%, and it has moved by 0.46% in 30 days. Based on these gigs, the overall price performance for the year is 257.38%. The short interest in Talen Energy Corp (NASDAQ:TLN) is 2.53 million shares and it means that shorts have 2.69 day(s) to cover.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

The consensus price target of analysts on Wall Street is $222, which implies an increase of 6.55% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $197 and $233 respectively. As a result, TLN is trading at a discount of -12.31% off the target high and 5.04% off the low.

Talen Energy Corp (TLN) estimates and forecasts

In the rating firms’ projections, revenue will decrease -23.45% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 480.97M as predicted by 2 analyst(s). Meanwhile, a consensus of 2 analyst(s) estimates revenue growth to 544.42M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 527M and 509M respectively. In this case, analysts expect current quarter sales to shrink by -8.73% and then jump by 6.96% in the coming quarter.

While earnings are projected to return 607.30% in 2024.

TLN Dividends

Talen Energy Corp is due to release its next quarterly earnings in January. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.