Talen Energy Corp (NASDAQ: TLN) kicked off on Monday, up 3.52% from the previous trading day, before settling in for the closing price of $200.43. Over the past 52 weeks, TLN has traded in a range of $53.03-$217.79.
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Annual sales at Utilities sector company slipped by -52.56% over the past five years. While this was happening, its average annual earnings per share was recorded 529.24%. With a float of $49.93 million, this company’s outstanding shares have now reached $59.03 million.
In terms of profitability, gross margin is 60.46%, operating margin of 5.45%, and the pretax margin is 75.61%.
Talen Energy Corp (TLN) Insider Updates
Our next focus will be how large-scale investors are participating in this stock of the Utilities – Independent Power Producers Industry. The insider ownership of Talen Energy Corp is 2.11%, while institutional ownership is 99.90%.
Talen Energy Corp (TLN) Performance Highlights and Predictions
In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported 3.08 earnings per share (EPS), higher than consensus estimate (set at -0.19) by 3.27. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.53 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 529.24% per share during the next fiscal year.
Talen Energy Corp (NASDAQ: TLN) Trading Performance Indicators
Take a look at Talen Energy Corp’s (TLN) current performance indicators. Last quarter, stock had a quick ratio of 3.37. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.82. Likewise, its price to free cash flow for the trailing twelve months is 6.99.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 18.68, a number that is poised to hit 0.21 in the next quarter and is forecasted to reach 6.86 in one year’s time.
Technical Analysis of Talen Energy Corp (TLN)
Talen Energy Corp (NASDAQ: TLN) saw its 5-day average volume 1.08 million, a positive change from its year-to-date volume of 0.66 million. As of the previous 9 days, the stock’s Stochastic %D was 68.19%. Additionally, its Average True Range was 11.03.
During the past 100 days, Talen Energy Corp’s (TLN) raw stochastic average was set at 91.37%, which indicates a significant increase from 82.48% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 63.96% in the past 14 days, which was higher than the 59.28% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $180.16, while its 200-day Moving Average is $124.65. Nevertheless, the first resistance level for the watch stands at $212.19 in the near term. At $216.89, the stock is likely to face the second major resistance level. The third major resistance level sits at $222.40. If the price goes on to break the first support level at $201.99, it is likely to go to the next support level at $196.48. Assuming the price breaks the second support level, the third support level stands at $191.78.
Talen Energy Corp (NASDAQ: TLN) Key Stats
The company with the Market Capitalisation of 1.84 billion has total of 51,001K Shares Outstanding. Its annual sales at the moment are 2,554 M in contrast with the sum of 613,000 K annual income. Company’s last quarter sales were recorded 489,000 K and last quarter income was 454,000 K.
