Zacks: Analysts Expect Southwestern Energy (NYSE:SWN) to Announce $0.30 EPS

Wall Street brokerages forecast that Southwestern Energy (NYSE:SWNGet Rating) will report earnings of $0.30 per share for the current quarter, according to Zacks Investment Research. Four analysts have provided estimates for Southwestern Energy’s earnings. The lowest EPS estimate is $0.15 and the highest is $0.50. Southwestern Energy posted earnings of $0.19 per share during the same quarter last year, which would indicate a positive year-over-year growth rate of 57.9%. The business is scheduled to announce its next quarterly earnings results on Monday, January 1st.

On average, analysts expect that Southwestern Energy will report full-year earnings of $1.41 per share for the current year, with EPS estimates ranging from $1.21 to $2.13. For the next year, analysts expect that the business will post earnings of $1.85 per share, with EPS estimates ranging from $1.39 to $2.25. Zacks Investment Research’s EPS calculations are a mean average based on a survey of analysts that that provide coverage for Southwestern Energy.

Southwestern Energy (NYSE:SWNGet Rating) last released its quarterly earnings data on Thursday, April 28th. The energy company reported $0.40 earnings per share for the quarter, topping the consensus estimate of $0.36 by $0.04. Southwestern Energy had a negative net margin of 32.56% and a positive return on equity of 203.77%. The business had revenue of $2.94 billion for the quarter, compared to analyst estimates of $1.75 billion. During the same quarter last year, the firm earned $0.29 EPS. Southwestern Energy’s quarterly revenue was up 174.5% compared to the same quarter last year.

SWN has been the topic of a number of research reports. Susquehanna Bancshares lifted their price target on shares of Southwestern Energy from $7.00 to $9.00 and gave the company a “positive” rating in a research note on Monday, April 25th. Bank of America raised shares of Southwestern Energy from an “underperform” rating to a “neutral” rating and lifted their price target for the company from $5.00 to $9.00 in a research note on Tuesday, March 8th. Seaport Res Ptn reiterated a “buy” rating on shares of Southwestern Energy in a report on Wednesday, March 30th. Raymond James lifted their price objective on shares of Southwestern Energy from $9.00 to $10.50 and gave the company an “outperform” rating in a report on Monday, April 25th. Finally, Wells Fargo & Company downgraded shares of Southwestern Energy from an “equal weight” rating to an “underweight” rating and lifted their price objective for the company from $8.00 to $10.00 in a report on Monday, March 14th. Two research analysts have rated the stock with a sell rating, ten have issued a hold rating and seven have given a buy rating to the company. According to data from MarketBeat.com, Southwestern Energy has a consensus rating of “Hold” and a consensus price target of $8.53.

Southwestern Energy stock opened at $6.58 on Friday. The company has a debt-to-equity ratio of 2.04, a current ratio of 0.22 and a quick ratio of 0.22. Southwestern Energy has a fifty-two week low of $3.81 and a fifty-two week high of $8.68. The company’s 50 day simple moving average is $6.91 and its 200 day simple moving average is $5.53. The firm has a market capitalization of $7.34 billion, a price-to-earnings ratio of -1.96 and a beta of 1.08.

Several institutional investors have recently made changes to their positions in the company. Lindbrook Capital LLC lifted its position in Southwestern Energy by 28.1% during the first quarter. Lindbrook Capital LLC now owns 5,723 shares of the energy company’s stock worth $41,000 after purchasing an additional 1,254 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank lifted its position in Southwestern Energy by 1.7% during the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 88,636 shares of the energy company’s stock worth $636,000 after purchasing an additional 1,483 shares during the period. D.A. Davidson & CO. lifted its position in Southwestern Energy by 7.2% during the first quarter. D.A. Davidson & CO. now owns 24,715 shares of the energy company’s stock worth $177,000 after purchasing an additional 1,668 shares during the period. Aaron Wealth Advisors LLC bought a new position in shares of Southwestern Energy in the first quarter worth about $356,000. Finally, CIBC Asset Management Inc lifted its holdings in shares of Southwestern Energy by 6.4% in the third quarter. CIBC Asset Management Inc now owns 49,079 shares of the energy company’s stock worth $272,000 after acquiring an additional 2,939 shares during the last quarter. 85.77% of the stock is owned by institutional investors.

About Southwestern Energy (Get Rating)

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.

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