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 report sent to investors on Monday. The brokerage issued a hold rating on the energy company’s stock.

Several other analysts have also issued reports on SWN. Stifel Nicolaus upped their target price on Southwestern Energy from $6.60 to $7.60 and gave the stock a hold rating in a report on Tuesday, April 23rd. UBS Group boosted their target price on shares of Southwestern Energy from $6.00 to $6.25 and gave the stock a neutral rating in a report on Thursday, January 18th. Susquehanna increased their price target on shares of Southwestern Energy from $7.00 to $7.50 and gave the company a neutral rating in a research note on Monday, April 22nd. Scotiabank lowered shares of Southwestern Energy from a sector outperform rating to a sector perform rating and boosted their price objective for the stock from $9.00 to $9.50 in a research note on Thursday, April 11th. Finally, Citigroup raised their target price on shares of Southwestern Energy from $8.00 to $8.24 and gave the company a buy rating in a research note on Friday, January 12th. One equities research analyst has rated the stock with a sell rating, eleven have given a hold rating and three have issued a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of Hold and a consensus target price of $8.14.

Southwestern Energy Price Performance

Shares of SWN opened at $7.32 on Monday. The company has a quick ratio of 0.62, a current ratio of 0.62 and a debt-to-equity ratio of 0.83. Southwestern Energy has a twelve month low of $4.67 and a twelve month high of $7.80. The stock has a market capitalization of $8.07 billion, a P/E ratio of -4.21 and a beta of 1.15. The company has a 50 day moving average of $7.32 and a 200-day moving average of $6.89.

Southwestern Energy (NYSE:SWN) last released its earnings results on Thursday, May 2nd. The energy company reported $0.12 earnings per share for the quarter, missing analysts’ consensus estimates of $0.13 by ($0.01). Southwestern Energy had a negative net margin of 32.93% and a positive return on equity of 9.00%. The business had revenue of $1.42 billion during the quarter, compared to the consensus estimate of $1.29 billion. During the same period last year, the business posted $0.31 EPS. The firm’s revenue for the quarter was down 33.1% on a year-over-year basis. As a group, equities research analysts forecast that Southwestern Energy will post 0.56 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Rise Advisors LLC acquired a new stake in shares of Southwestern Energy during the 1st quarter valued at $25,000. Parkside Financial Bank & Trust raised its holdings in 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 buying an additional 3,854 shares during the last quarter. Pingora Partners LLC acquired a new stake in Southwestern Energy during the 4th quarter worth approximately $30,000. Quantbot Technologies LP acquired a new stake in Southwestern Energy during the 3rd quarter worth approximately $39,000. Finally, Fidelis Capital Partners LLC bought a new position in shares of Southwestern Energy during the first quarter valued at $43,000. Institutional investors own 86.97% of the company’s stock.

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.