Southwestern Energy (NYSE:SWN) Now Covered by StockNews.com

Analysts at StockNews.com started coverage on shares of Southwestern Energy (NYSE:SWN) in a research report issued to clients and investors on Monday. The firm set a “hold” rating on the energy company’s stock.

Several other research firms have also recently issued reports on SWN. Susquehanna boosted their target price on Southwestern Energy from $7.00 to $7.50 and gave the company a “neutral” rating in a research note on Monday, April 22nd. Mizuho raised Southwestern Energy from an “underperform” rating to a “neutral” rating and boosted their target price for the company from $6.00 to $9.00 in a research note on Monday, February 26th. Scotiabank cut 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. Seaport Res Ptn cut Southwestern Energy from a “buy” rating to a “neutral” rating in a research note on Wednesday, January 31st. Finally, Stifel Nicolaus boosted their target price on Southwestern Energy from $6.60 to $7.60 and gave the company a “hold” rating in a research note on Tuesday, April 23rd. One research 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. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $8.14.

Southwestern Energy Price Performance

Shares of Southwestern Energy stock opened at $7.08 on Monday. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.82 and a quick ratio of 0.82. The business’s 50 day simple moving average is $7.29 and its two-hundred day simple moving average is $6.88. The stock has a market capitalization of $7.81 billion, a P/E ratio of -4.07 and a beta of 1.15. Southwestern Energy has a one year low of $4.57 and a one year high of $7.80.

Southwestern Energy (NYSE:SWN) last announced its quarterly earnings results on Thursday, May 2nd. The energy company reported $0.12 EPS for the quarter, missing analysts’ consensus estimates of $0.13 by ($0.01). The company had revenue of $1.42 billion during the quarter, compared to analysts’ expectations of $1.29 billion. Southwestern Energy had a positive return on equity of 8.31% and a negative net margin of 32.93%. Southwestern Energy’s revenue for the quarter was down 33.1% on a year-over-year basis. During the same period last year, the firm earned $0.31 earnings per share. Analysts forecast that Southwestern Energy will post 0.57 EPS for the current year.

Institutional Investors Weigh In On Southwestern Energy

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. FMR LLC grew its stake in Southwestern Energy by 32.3% in the third quarter. FMR LLC now owns 39,784,990 shares of the energy company’s stock worth $256,613,000 after purchasing an additional 9,709,483 shares during the period. Dimensional Fund Advisors LP boosted its holdings in Southwestern Energy by 7.0% in the fourth quarter. Dimensional Fund Advisors LP now owns 29,332,203 shares of the energy company’s stock worth $192,133,000 after acquiring an additional 1,924,108 shares in the last quarter. Invesco Ltd. boosted its holdings in Southwestern Energy by 13.7% in the third quarter. Invesco Ltd. now owns 22,735,475 shares of the energy company’s stock worth $146,644,000 after acquiring an additional 2,744,656 shares in the last quarter. Kopernik Global Investors LLC boosted its holdings in Southwestern Energy by 0.7% in the fourth quarter. Kopernik Global Investors LLC now owns 21,007,377 shares of the energy company’s stock worth $137,598,000 after acquiring an additional 143,007 shares in the last quarter. Finally, Kimmeridge Energy Management Company LLC bought a new stake in Southwestern Energy in the fourth quarter worth $120,352,000. 86.97% of the stock is owned by hedge funds and other institutional investors.

Southwestern Energy Company Profile

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.