Talen Energy (OTCMKTS:TLNE) Earns “Buy” Rating from BWS Financial

BWS Financial reissued their buy rating on shares of Talen Energy (OTCMKTS:TLNE) in a research note published on Friday, Benzinga reports. They currently have 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 0.5 %

Talen Energy stock opened at $111.02 on Friday. Talen Energy has a 1-year low of $49.00 and a 1-year high of $125.79. The company has a current ratio of 4.56, a quick ratio of 2.43 and a debt-to-equity ratio of 0.95. The firm has a 50 day simple moving average of $109.46 and a 200 day simple moving average of $87.22.

Talen Energy (OTCMKTS:TLNE) last released its quarterly earnings results on Monday, May 13th. The company reported $1.88 EPS for the quarter, beating analysts’ consensus estimates of $0.83 by $1.05. The firm had revenue of $509.00 million for the quarter, compared to analysts’ expectations of $597.00 million. On average, sell-side analysts expect that Talen Energy will post 0.78 EPS 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.