Southwestern Energy (NYSE:SWN) Given Consensus Recommendation of “Hold” by Brokerages

Shares of Southwestern Energy (NYSE:SWNGet Free Report) have been given an average recommendation of “Hold” by the fourteen brokerages that are presently covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, ten have given a hold rating and three have given a buy rating to the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is $8.25.

A number of research firms have recently weighed in on SWN. Susquehanna increased their price objective on Southwestern Energy from $7.50 to $8.00 and gave the company a “neutral” rating in a research note on Thursday, May 16th. Mizuho increased their price objective on Southwestern Energy from $9.00 to $10.00 and gave the stock a “neutral” rating in a report on Monday, May 13th. Stifel Nicolaus increased their price objective on Southwestern Energy from $6.60 to $7.60 and gave the stock a “hold” rating in a report on Tuesday, April 23rd. Piper Sandler reiterated a “neutral” rating and issued a $7.00 price objective (down previously from $8.00) on shares of Southwestern Energy in a report on Friday, April 19th. Finally, Scotiabank downgraded Southwestern Energy from a “sector outperform” rating to a “sector perform” rating and increased their price objective for the stock from $9.00 to $9.50 in a report on Thursday, April 11th.

View Our Latest Analysis on Southwestern Energy

Institutional Investors Weigh In On Southwestern Energy

Large investors have recently bought and sold shares of the business. Neo Ivy Capital Management boosted its position in Southwestern Energy by 94.6% in the third quarter. Neo Ivy Capital Management now owns 98,688 shares of the energy company’s stock worth $637,000 after purchasing an additional 47,964 shares during the last quarter. American Century Companies Inc. lifted its position in shares of Southwestern Energy by 27.9% during the 3rd quarter. American Century Companies Inc. now owns 1,073,641 shares of the energy company’s stock valued at $6,925,000 after buying an additional 234,132 shares in the last quarter. Teachers Retirement System of The State of Kentucky lifted its position in shares of Southwestern Energy by 74.1% during the 3rd quarter. Teachers Retirement System of The State of Kentucky now owns 395,542 shares of the energy company’s stock valued at $2,551,000 after buying an additional 168,345 shares in the last quarter. Wedmont Private Capital purchased a new position in shares of Southwestern Energy during the 4th quarter valued at about $121,000. Finally, Kimmeridge Energy Management Company LLC purchased a new position in shares of Southwestern Energy during the 4th quarter valued at about $120,352,000. 86.97% of the stock is currently owned by institutional investors.

Southwestern Energy Stock Up 0.7 %

SWN stock opened at $6.87 on Thursday. The company has a current ratio of 0.62, a quick ratio of 0.62 and a debt-to-equity ratio of 0.83. The company’s 50 day moving average is $7.14 and its 200 day moving average is $7.02. The stock has a market cap of $7.58 billion, a price-to-earnings ratio of -3.95 and a beta of 1.17. Southwestern Energy has a 1-year low of $5.77 and a 1-year high of $7.80.

Southwestern Energy (NYSE:SWNGet Free Report) last issued 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). 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 for the quarter, compared to the consensus estimate of $1.29 billion. During the same quarter in the previous year, the business earned $0.31 earnings per share. The firm’s revenue was down 33.1% on a year-over-year basis. Sell-side analysts predict that Southwestern Energy will post 0.61 EPS for the current fiscal year.

About Southwestern Energy

(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.

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Analyst Recommendations for Southwestern Energy (NYSE:SWN)

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