The stock price of Talen Energy Corp (NASDAQ: TLN) has plunged by -2.23 when compared to previous closing price of 173.88, but the company has seen a -8.80% decline in its stock price over the last five trading sessions. schaeffersresearch.com reported 2024-11-04 that Utility stocks are hurting amid news that the Federal Energy Regulatory Commission (FERC) rejected an amended interconnection service agreement between Amazon.com (AMZN) and Talen Energy (NASDAQ:TLN) at the latter’s nuclear power plant.
Is It Worth Investing in Talen Energy Corp (NASDAQ: TLN) Right Now?
The price-to-earnings ratio for Talen Energy Corp (NASDAQ: TLN) is above average at 11.96x. The 36-month beta value for TLN is also noteworthy at 1.19. There are mixed opinions on the stock, with 3 analysts rating it as a “buy,” 4 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
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The public float for TLN is 46.40M, and at present, short sellers hold a 4.58% of that float. The average trading volume of TLN on November 05, 2024 was 1.05M shares.
TLN’s Market Performance
The stock of Talen Energy Corp (TLN) has seen a -8.80% decrease in the past week, with a -10.69% drop in the past month, and a 45.00% gain in the past quarter. The volatility ratio for the week is 6.01%, and the volatility levels for the past 30 days are at 5.26% for TLN. The simple moving average for the past 20 days is -2.60% for TLN’s stock, with a 44.30% simple moving average for the past 200 days.
Analysts’ Opinion of TLN
Many brokerage firms have already submitted their reports for TLN stocks, with JP Morgan repeating the rating for TLN by listing it as a “Overweight.” The predicted price for TLN in the upcoming period, according to JP Morgan is $268 based on the research report published on October 17, 2024 of the current year 2024.
RBC Capital Mkts, on the other hand, stated in their research note that they expect to see TLN reach a price target of $233. The rating they have provided for TLN stocks is “Outperform” according to the report published on September 26th, 2024.
UBS gave a rating of “Buy” to TLN, setting the target price at $197 in the report published on September 18th of the current year.
TLN Trading at 0.77% from the 50-Day Moving Average
After a stumble in the market that brought TLN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -13.97% of loss for the given period.
Volatility was left at 5.26%, however, over the last 30 days, the volatility rate increased by 6.01%, as shares sank -4.83% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +14.25% upper at present.
During the last 5 trading sessions, TLN fell by -8.80%, which changed the moving average for the period of 200-days by +161.14% in comparison to the 20-day moving average, which settled at $174.53. In addition, Talen Energy Corp saw 165.62% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for TLN
Current profitability levels for the company are sitting at:
- -0.12 for the present operating margin
- 0.37 for the gross margin
The net margin for Talen Energy Corp stands at 0.52. The total capital return value is set at -0.03. Equity return is now at value 35.09, with 12.10 for asset returns.
Based on Talen Energy Corp (TLN), the company’s capital structure generated 0.51 points at debt to capital in total, while cash flow to debt ratio is standing at 0.21. The debt to equity ratio resting at 1.05. The interest coverage ratio of the stock is -0.74.
Currently, EBITDA for the company is 106.0 million with net debt to EBITDA at 6.51. When we switch over and look at the enterprise to sales, we see a ratio of 6.23. The receivables turnover for the company is 10.81for trailing twelve months and the total asset turnover is 0.23. The liquidity ratio also appears to be rather interesting for investors as it stands at 4.51.
Conclusion
In summary, Talen Energy Corp (TLN) has had a mixed performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
