Southwestern Energy (NYSE:SWN) Receives Average Rating of “Hold” from Analysts

Shares of Southwestern Energy (NYSE:SWNGet Free Report) have been given an average recommendation of “Hold” by the fifteen ratings firms that are covering the firm, Marketbeat.com reports. Two analysts have rated the stock with a sell recommendation, nine have issued a hold recommendation and four have assigned a buy recommendation to the company. The average 12 month price target among brokers that have issued ratings on the stock in the last year is $7.69.

SWN has been the subject of a number of analyst reports. UBS Group upped their price target on Southwestern Energy from $6.00 to $7.00 and gave the company a “neutral” rating in a research report on Thursday, August 17th. Morgan Stanley reiterated an “equal weight” rating and issued a $5.00 price objective on shares of Southwestern Energy in a research report on Wednesday, July 19th. StockNews.com started coverage on Southwestern Energy in a research report on Thursday, October 5th. They issued a “hold” rating for the company. The Goldman Sachs Group increased their price objective on Southwestern Energy from $5.00 to $5.50 and gave the stock a “sell” rating in a research report on Wednesday, August 23rd. Finally, Citigroup increased their price objective on Southwestern Energy from $6.50 to $7.00 and gave the stock a “neutral” rating in a research report on Monday, August 7th.

Read Our Latest Stock Analysis on SWN

Institutional Trading of Southwestern Energy

Several hedge funds have recently modified their holdings of SWN. Price T Rowe Associates Inc. MD raised its stake in shares of Southwestern Energy by 4,550.6% in the first quarter. Price T Rowe Associates Inc. MD now owns 21,735,368 shares of the energy company’s stock valued at $108,678,000 after acquiring an additional 21,268,002 shares in the last quarter. Dimensional Fund Advisors LP lifted its holdings in Southwestern Energy by 105.3% during the 2nd quarter. Dimensional Fund Advisors LP now owns 20,832,745 shares of the energy company’s stock worth $125,201,000 after buying an additional 10,686,088 shares during the last quarter. Invesco Ltd. lifted its holdings in Southwestern Energy by 269.1% during the 1st quarter. Invesco Ltd. now owns 13,958,070 shares of the energy company’s stock worth $100,079,000 after buying an additional 10,175,992 shares during the last quarter. State Street Corp lifted its holdings in Southwestern Energy by 21.5% during the 1st quarter. State Street Corp now owns 55,933,972 shares of the energy company’s stock worth $401,047,000 after buying an additional 9,882,224 shares during the last quarter. Finally, Renaissance Technologies LLC lifted its holdings in Southwestern Energy by 61.6% during the 1st quarter. Renaissance Technologies LLC now owns 25,513,925 shares of the energy company’s stock worth $127,570,000 after buying an additional 9,729,900 shares during the last quarter. 88.00% of the stock is currently owned by institutional investors and hedge funds.

Southwestern Energy Price Performance

SWN stock opened at $7.55 on Friday. The company has a debt-to-equity ratio of 0.62, a current ratio of 0.59 and a quick ratio of 0.59. The business has a 50 day simple moving average of $6.68 and a 200-day simple moving average of $6.01. The firm has a market capitalization of $8.31 billion, a PE ratio of 1.51 and a beta of 1.39. Southwestern Energy has a 1 year low of $4.57 and a 1 year high of $7.69.

Southwestern Energy (NYSE:SWNGet Free Report) last posted its quarterly earnings results on Friday, August 4th. The energy company reported $0.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.07 by $0.02. The business had revenue of $1.27 billion during the quarter, compared to analyst estimates of $1.50 billion. Southwestern Energy had a return on equity of 23.55% and a net margin of 48.82%. The business’s revenue was down 69.3% compared to the same quarter last year. During the same period in the prior year, the business earned $0.33 earnings per share. Equities research analysts anticipate that Southwestern Energy will post 0.63 earnings per share for the current fiscal year.

Southwestern Energy Company Profile

(Get Free Report

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.

Further Reading

Analyst Recommendations for Southwestern Energy (NYSE:SWN)

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