Talen Energy Corp (TLN) stock forecast: Can it reach its 52-week high of $158.68

A share price of Talen Energy Corp [TLN] is currently trading at $166.75, up 6.90%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The TLN shares have gain 16.56% over the last week, with a monthly amount glided 28.46%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Talen Energy Corp [NASDAQ: TLN] stock has seen the most recent analyst activity on September 13, 2024, when Jefferies initiated its Buy rating and assigned the stock a price target of $226. Previously, Guggenheim started tracking the stock with Buy rating on September 04, 2024, and set its price target to $169. On August 21, 2024, Barclays initiated with a Overweight rating and assigned a price target of $178 on the stock.

Talen Energy Corp experienced fluctuations in its stock price throughout the past year between $50.50 and $158.68. Currently, Wall Street analysts expect the stock to reach $225.5 within the next 12 months. Talen Energy Corp [NASDAQ: TLN] shares were valued at $166.75 at the most recent close of the market. An investor can expect a potential return of 35.23% based on the average TLN price forecast.

Analyzing the TLN fundamentals

Trailing Twelve Months sales for Talen Energy Corp [NASDAQ:TLN] were 1.63B which represents -40.15% decline. Gross Profit Margin for this corporation currently stands at 0.37% with Operating Profit Margin at -0.12%, Pretax Profit Margin comes in at 0.67%, and Net Profit Margin reading is 0.52%. To continue investigating profitability, this company’s Return on Assets is posted at 0.12, Equity is 0.34 and Total Capital is -0.03. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.05.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 161.97 points at the first support level, and at 157.18 for the second support level. However, for the 1st resistance point, the stock is sitting at 170.42, and for the 2nd resistance point, it is at 174.08.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Talen Energy Corp [NASDAQ:TLN] is 4.51. Further, the Quick Ratio stands at 3.86, while the Cash Ratio is 2.58. Considering the valuation of this stock, the price to sales ratio is 5.21, the price to book ratio is 3.54 and price to earnings (TTM) ratio is 11.73.

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