Southwestern Energy (NYSE:SWN) – Equities research analysts at Jefferies Group lifted their Q1 2018 earnings per share estimates for shares of Southwestern Energy in a report released on Wednesday. Jefferies Group analyst Z. Parham now anticipates that the energy company will earn $0.32 per share for the quarter, up from their prior forecast of $0.27. Jefferies Group also issued estimates for Southwestern Energy’s Q2 2018 earnings at $0.27 EPS, Q3 2018 earnings at $0.28 EPS, Q4 2018 earnings at $0.34 EPS, FY2018 earnings at $1.21 EPS, Q1 2019 earnings at $0.32 EPS, Q2 2019 earnings at $0.25 EPS, Q3 2019 earnings at $0.25 EPS and FY2019 earnings at $1.14 EPS.

Southwestern Energy (NYSE:SWN) last released its quarterly earnings results on Thursday, October 26th. The energy company reported $0.06 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.07 by ($0.01). Southwestern Energy had a return on equity of 23.99% and a net margin of 16.31%. The business had revenue of $737.00 million during the quarter, compared to the consensus estimate of $773.99 million. During the same period in the previous year, the company posted $0.03 EPS. The company’s revenue for the quarter was up 13.2% compared to the same quarter last year.

Several other research analysts have also recently weighed in on the company. Royal Bank of Canada set a $7.00 target price on Southwestern Energy and gave the company a “hold” rating in a research note on Wednesday, December 20th. Credit Suisse Group assumed coverage on Southwestern Energy in a research note on Monday, December 11th. They set a “neutral” rating and a $6.00 target price for the company. Mizuho cut Southwestern Energy from a “buy” rating to a “neutral” rating in a research note on Tuesday, November 21st. BMO Capital Markets set a $9.00 target price on Southwestern Energy and gave the company a “buy” rating in a research note on Tuesday, November 14th. Finally, KeyCorp reaffirmed a “hold” rating on shares of Southwestern Energy in a research note on Friday, November 10th. Five research analysts have rated the stock with a sell rating, fifteen have issued a hold rating and six have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $8.90.

Southwestern Energy (NYSE SWN) opened at $5.32 on Monday. Southwestern Energy has a 52 week low of $4.90 and a 52 week high of $11.36. The firm has a market capitalization of $2,730.00, a PE ratio of 8.58 and a beta of 1.23. The company has a current ratio of 1.88, a quick ratio of 1.88 and a debt-to-equity ratio of 2.66.

Hedge funds and other institutional investors have recently made changes to their positions in the company. Mariner Wealth Advisors LLC lifted its stake in Southwestern Energy by 2.6% in the 2nd quarter. Mariner Wealth Advisors LLC now owns 21,009 shares of the energy company’s stock worth $128,000 after acquiring an additional 541 shares in the last quarter. MML Investors Services LLC lifted its stake in Southwestern Energy by 5.3% in the 2nd quarter. MML Investors Services LLC now owns 17,941 shares of the energy company’s stock worth $109,000 after acquiring an additional 900 shares in the last quarter. National Asset Management Inc. lifted its stake in Southwestern Energy by 2.8% in the 2nd quarter. National Asset Management Inc. now owns 46,107 shares of the energy company’s stock worth $281,000 after acquiring an additional 1,247 shares in the last quarter. Eaton Vance Management lifted its stake in Southwestern Energy by 1.9% in the 2nd quarter. Eaton Vance Management now owns 77,522 shares of the energy company’s stock worth $471,000 after acquiring an additional 1,445 shares in the last quarter. Finally, Utah Retirement Systems lifted its stake in Southwestern Energy by 3.2% in the 2nd quarter. Utah Retirement Systems now owns 92,356 shares of the energy company’s stock worth $561,000 after acquiring an additional 2,900 shares in the last quarter. 88.52% of the stock is owned by institutional investors and hedge funds.

TRADEMARK VIOLATION WARNING: “Q1 2018 EPS Estimates for Southwestern Energy Boosted by Jefferies Group (SWN)” was first reported by The Cerbat Gem and is the property of of The Cerbat Gem. If you are viewing this report on another publication, it was illegally copied and republished in violation of US and international copyright & trademark law. The correct version of this report can be accessed at https://www.thecerbatgem.com/2017/12/25/q1-2018-eps-estimates-for-southwestern-energy-boosted-by-jefferies-group-swn.html.

Southwestern Energy Company Profile

Southwestern Energy Company is an energy company engaged in natural gas and oil exploration, development and production. The Company operates through two segments: Exploration and Production (E&P) and Midstream Services. Its operations in northeast Pennsylvania are primarily focused on the unconventional natural gas reservoir known as the Marcellus Shale.

Earnings History and Estimates for Southwestern Energy (NYSE:SWN)

Receive News & Ratings for Southwestern Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Southwestern Energy and related companies with MarketBeat.com's FREE daily email newsletter.