Southwestern Energy (NYSE:SWN) Given Consensus Rating of “Hold” by Analysts

Shares of Southwestern Energy (NYSE:SWN) have been given an average rating of “Hold” by the fourteen analysts that are presently covering the stock, Marketbeat reports. One analyst has rated the stock with a sell recommendation, ten have assigned a hold recommendation and three have given a buy recommendation to the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is $8.14.

SWN has been the subject of several research analyst reports. Seaport Res Ptn lowered shares of Southwestern Energy from a “buy” rating to a “neutral” rating in a research note on Wednesday, January 31st. Mizuho raised shares of Southwestern Energy from an “underperform” rating to a “neutral” rating and increased their price objective for the stock from $6.00 to $9.00 in a research report on Monday, February 26th. Scotiabank lowered Southwestern Energy from a “sector outperform” rating to a “sector perform” rating and boosted their target price for the company from $9.00 to $9.50 in a research report on Thursday, April 11th. Stifel Nicolaus increased their price target on Southwestern Energy from $6.60 to $7.60 and gave the stock a “hold” rating in a report on Tuesday, April 23rd. Finally, Piper Sandler reissued a “neutral” rating and issued a $7.00 price objective (down previously from $8.00) on shares of Southwestern Energy in a research note on Friday, April 19th.

Hedge Funds Weigh In On Southwestern Energy

Hedge funds and other institutional investors have recently modified their holdings of the business. CWM LLC lifted its holdings in Southwestern Energy by 42.5% during the third quarter. CWM LLC now owns 13,238 shares of the energy company’s stock worth $85,000 after acquiring an additional 3,950 shares during the period. SG Americas Securities LLC boosted its holdings in shares of Southwestern Energy by 34.0% in the 3rd quarter. SG Americas Securities LLC now owns 54,040 shares of the energy company’s stock worth $349,000 after buying an additional 13,712 shares during the last quarter. Oak Thistle LLC purchased a new stake in Southwestern Energy during the third quarter worth about $657,000. Covenant Partners LLC bought a new stake in Southwestern Energy in the third quarter worth about $93,000. Finally, Raymond James Financial Services Advisors Inc. boosted its stake in Southwestern Energy by 118.9% in the third quarter. Raymond James Financial Services Advisors Inc. now owns 75,479 shares of the energy company’s stock valued at $487,000 after acquiring an additional 41,000 shares during the last quarter. Hedge funds and other institutional investors own 86.97% of the company’s stock.

Southwestern Energy Trading Down 1.9 %

SWN opened at $7.09 on Friday. Southwestern Energy has a twelve month low of $4.57 and a twelve month high of $7.80. The company has a fifty day moving average of $7.28 and a 200-day moving average of $6.88. The stock has a market cap of $7.81 billion, a PE ratio of 5.02 and a beta of 1.15. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 0.67.

Southwestern Energy (NYSE:SWN) last announced its earnings results on Thursday, May 2nd. The energy company reported $0.12 EPS for the quarter, missing the consensus estimate of $0.13 by ($0.01). Southwestern Energy had a net margin of 23.87% and a return on equity of 11.74%. The business had revenue of $1.42 billion for the quarter, compared to the consensus estimate of $1.29 billion. During the same quarter in the previous year, the company earned $0.31 EPS. The firm’s revenue for the quarter was down 33.1% on a year-over-year basis. On average, sell-side analysts predict that Southwestern Energy will post 0.57 EPS for the current year.

About Southwestern Energy

Southwestern Energy Company, an independent energy company, engages in the exploration, development, and production of natural gas, oil, and natural gas liquids (NGLs) in the United States. It operates through two segments, Exploration and Production, and Marketing. The company focuses on the development of unconventional natural gas and oil reservoirs located in Pennsylvania, West Virginia, Ohio, and Louisiana.