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The price of Talen Energy Corp (NASDAQ: TLN) closed at $206.52 in the last session, down -1.09% from day before closing price of $208.79. In other words, the price has decreased by -$1.09 from its previous closing price. On the day, 1.18 million shares were traded. TLN stock price reached its highest trading level at $217.58 during the session, while it also had its lowest trading level at $204.34.
Ratios:
We take a closer look at TLN’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.62 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 5.36. For the most recent quarter (mrq), Quick Ratio is recorded 3.86 and its Current Ratio is at 4.51. In the meantime, Its Debt-to-Equity ratio is 1.05 whereas as Long-Term Debt/Eq ratio is at 1.04.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, JP Morgan on October 17, 2024, initiated with a Overweight rating and assigned the stock a target price of $268.
On September 26, 2024, RBC Capital Mkts started tracking the stock assigning a Outperform rating and target price of $233.
On September 18, 2024, UBS started tracking the stock assigning a Buy rating and target price of $197.UBS initiated its Buy rating on September 18, 2024, with a $197 target price.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TLN now has a Market Capitalization of 10532809728 and an Enterprise Value of 12590819328. As of this moment, Talen’s Price-to-Earnings (P/E) ratio for their current fiscal year is 14.53, and their Forward P/E ratio for the next fiscal year is 29.86. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.11 while its Price-to-Book (P/B) ratio in mrq is 4.38. Its current Enterprise Value per Revenue stands at 5.981 whereas that against EBITDA is 21.126.
Stock Price History:
Over the past 52 weeks, TLN has reached a high of $214.00, while it has fallen to a 52-week low of $52.01. The 50-Day Moving Average of the stock is 16.93%, while the 200-Day Moving Average is calculated to be 68.45%.
Shares Statistics:
According to the various share statistics, TLN traded on average about 1.15M shares per day over the past 3-months and 1490130 shares per day over the past 10 days. A total of 59.03M shares are outstanding, with a floating share count of 46.40M. Insiders hold about 9.01% of the company’s shares, while institutions hold 56.91% stake in the company. Shares short for TLN as of 1730332800 were 2528759 with a Short Ratio of 2.20, compared to 1727654400 on 2533082.
