BWS Financial Reaffirms “Buy” Rating for Talen Energy (OTCMKTS:TLNE)

BWS Financial reissued their buy rating on shares of Talen Energy (OTCMKTS:TLNE) in a research note issued to investors on Friday, Benzinga reports. BWS Financial currently has a $145.00 target price 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 Performance

Talen Energy stock opened at $116.00 on Friday. The company has a debt-to-equity ratio of 0.95, a current ratio of 4.56 and a quick ratio of 3.95. The company’s 50-day moving average price is $109.90 and its two-hundred day moving average price is $87.62. Talen Energy has a 52 week low of $49.50 and a 52 week high of $125.79.

Talen Energy (OTCMKTS:TLNE) last released its earnings results on Monday, May 13th. The company reported $1.88 EPS for the quarter, beating the consensus estimate of $0.83 by $1.05. The company had revenue of $509.00 million for the quarter, compared to analyst estimates of $597.00 million. As a group, 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.