Southwestern Energy (NYSE:SWN) Receives New Coverage from Analysts at StockNews.com

StockNews.com began coverage on shares of Southwestern Energy (NYSE:SWN) in a research note released on Monday. The firm issued a hold rating on the energy company’s stock.

Several other equities research analysts have also issued reports on the stock. Stifel Nicolaus raised their price target on shares of Southwestern Energy from $6.60 to $7.60 and gave the stock a hold rating in a research note on Tuesday, April 23rd. 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 note on Thursday, April 11th. UBS Group increased their price target on Southwestern Energy from $6.00 to $6.25 and gave the stock a neutral rating in a research note on Thursday, January 18th. Citigroup boosted their price objective on Southwestern Energy from $8.00 to $8.24 and gave the company a buy rating in a research note on Friday, January 12th. Finally, Mizuho raised shares of Southwestern Energy from an underperform rating to a neutral rating and upped their price objective for the company from $6.00 to $9.00 in a report on Monday, February 26th. One investment analyst has rated the stock with a sell rating, eleven have given a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat.com, Southwestern Energy presently has an average rating of Hold and an average price target of $8.14.

Southwestern Energy Trading Up 3.7 %

Shares of Southwestern Energy stock opened at $7.34 on Monday. The firm has a market cap of $8.09 billion, a PE ratio of -4.22 and a beta of 1.15. Southwestern Energy has a 1 year low of $4.67 and a 1 year high of $7.80. The company has a debt-to-equity ratio of 0.83, a current ratio of 0.62 and a quick ratio of 0.62. The stock has a fifty day moving average price of $7.30 and a 200-day moving average price of $6.88.

Southwestern Energy (NYSE:SWN) last posted its quarterly earnings results on Thursday, May 2nd. The energy company reported $0.12 earnings per share for the quarter, missing the consensus estimate of $0.13 by ($0.01). The company had revenue of $1.42 billion for the quarter, compared to the consensus estimate of $1.29 billion. Southwestern Energy had a negative net margin of 32.93% and a positive return on equity of 9.00%. Southwestern Energy’s quarterly revenue was down 33.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.31 EPS. Equities research analysts anticipate that Southwestern Energy will post 0.57 EPS for the current year.

Institutional Trading of Southwestern Energy

Institutional investors and hedge funds have recently bought and sold shares of the company. Rise Advisors LLC bought a new position in shares of Southwestern Energy in the first quarter worth $25,000. Parkside Financial Bank & Trust raised its holdings in shares of Southwestern Energy by 481.1% in the 4th quarter. Parkside Financial Bank & Trust now owns 4,655 shares of the energy company’s stock valued at $30,000 after acquiring an additional 3,854 shares in the last quarter. Pingora Partners LLC bought a new stake in shares of Southwestern Energy during the 4th quarter valued at about $30,000. Quantbot Technologies LP bought a new stake in shares of Southwestern Energy during the 3rd quarter valued at about $39,000. Finally, Fidelis Capital Partners LLC purchased a new position in shares of Southwestern Energy during the first quarter worth about $43,000. 86.97% of the stock is currently owned by hedge funds and other institutional investors.

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.