BWS Financial reiterated their buy rating on shares of Talen Energy (OTCMKTS:TLNE – Free Report) in a report published on Friday, Benzinga reports. BWS Financial currently has a $145.00 price objective on the stock. BWS Financial also issued estimates for Talen Energy’s Q3 2024 earnings at $2.19 EPS, Q1 2025 earnings at $1.58 EPS, Q3 2025 earnings at $3.42 EPS, Q4 2025 earnings at $0.09 EPS and FY2025 earnings at $4.94 EPS.
Talen Energy Stock Up 4.5 %
Shares of OTCMKTS:TLNE opened at $116.00 on Friday. The firm’s 50 day simple moving average is $109.90 and its 200 day simple moving average is $87.62. The company has a current ratio of 4.56, a quick ratio of 3.95 and a debt-to-equity ratio of 0.95. Talen Energy has a fifty-two week low of $49.50 and a fifty-two week high of $125.79.
Talen Energy (OTCMKTS:TLNE – Get Free Report) last announced its quarterly earnings results on Monday, May 13th. The company reported $1.88 earnings per share for the quarter, beating analysts’ consensus estimates of $0.83 by $1.05. The firm had revenue of $509.00 million during the quarter, compared to analyst estimates of $597.00 million. On average, equities research analysts anticipate that Talen Energy will post 0.78 earnings per share for the current fiscal year.
About Talen Energy
Talen Energy Corporation, an independent power producer and infrastructure company, produces and sells electricity, capacity, and ancillary services into wholesale power markets in the United States. The company operates nuclear, fossil, solar, and coal power plants. It is also developing battery storage projects.
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