Southwestern Energy (NYSE:SWN) Earns Hold Rating from Analysts at StockNews.com

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

Several other equities analysts have also recently weighed in on the company. Stifel Nicolaus increased their price target on Southwestern Energy from $6.60 to $7.60 and gave the company a hold rating in a report on Tuesday, April 23rd. Mizuho increased their price target on Southwestern Energy from $9.00 to $10.00 and gave the company a neutral rating in a report on Monday, May 13th. Piper Sandler reissued a neutral rating and set a $7.00 price target (down from $8.00) on shares of Southwestern Energy in a report on Friday, April 19th. Susquehanna raised their target price on Southwestern Energy from $7.50 to $8.00 and gave the stock a neutral rating in a report on Thursday, May 16th. Finally, Scotiabank cut Southwestern Energy from a sector outperform rating to a sector perform rating and raised their target price for the stock from $9.00 to $9.50 in a report on Thursday, April 11th. 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’s stock. According to MarketBeat.com, Southwestern Energy presently has an average rating of Hold and a consensus price target of $8.25.

Southwestern Energy Stock Up 1.3 %

SWN stock opened at $6.91 on Monday. Southwestern Energy has a fifty-two week low of $5.59 and a fifty-two week high of $7.80. The business’s 50 day moving average price is $7.21 and its two-hundred day moving average price is $7.01. The company has a debt-to-equity ratio of 0.83, a quick ratio of 0.62 and a current ratio of 0.62. The company has a market capitalization of $7.62 billion, a price-to-earnings ratio of -3.97 and a beta of 1.17.

Southwestern Energy (NYSE:SWN) last released its quarterly earnings data on Thursday, May 2nd. The energy company reported $0.12 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.13 by ($0.01). The business had revenue of $1.42 billion during 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%. The business’s revenue was down 33.1% compared to the same quarter last year. During the same period last year, the company posted $0.31 earnings per share. As a group, analysts forecast that Southwestern Energy will post 0.59 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Southwestern Energy

Large investors have recently bought and sold shares of the business. Rise Advisors LLC bought a new position in Southwestern Energy in the first quarter worth approximately $25,000. Parkside Financial Bank & Trust grew its holdings in Southwestern Energy by 481.1% in the fourth quarter. Parkside Financial Bank & Trust now owns 4,655 shares of the energy company’s stock worth $30,000 after purchasing an additional 3,854 shares during the last quarter. Pingora Partners LLC purchased a new position in Southwestern Energy in the fourth quarter worth $30,000. Fidelis Capital Partners LLC purchased a new position in Southwestern Energy in the first quarter worth $43,000. Finally, Lindbrook Capital LLC grew its holdings in Southwestern Energy by 30.2% in the fourth quarter. Lindbrook Capital LLC now owns 6,747 shares of the energy company’s stock worth $44,000 after purchasing an additional 1,564 shares during the last quarter. 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.