Southwestern Energy (NYSE:SWN) Receives $2.93 Consensus PT from Brokerages

Southwestern Energy (NYSE:SWN) has been assigned a consensus recommendation of “Hold” from the eighteen ratings firms that are presently covering the company, Marketbeat reports. Six equities research analysts have rated the stock with a sell recommendation and ten have issued a hold recommendation on the company. The average 12 month price objective among brokerages that have updated their coverage on the stock in the last year is $2.93.

SWN has been the subject of a number of analyst reports. MKM Partners boosted their target price on shares of Southwestern Energy from $2.00 to $3.00 and gave the stock a “neutral” rating in a research note on Monday, May 4th. Citigroup boosted their target price on shares of Southwestern Energy from $2.00 to $3.00 and gave the stock a “neutral” rating in a research note on Thursday, May 21st. ValuEngine downgraded shares of Southwestern Energy from a “sell” rating to a “strong sell” rating in a research note on Tuesday, March 3rd. Bank of America boosted their target price on shares of Southwestern Energy from $0.55 to $1.70 and gave the stock an “underperform” rating in a research note on Monday, April 20th. Finally, Stifel Nicolaus boosted their target price on shares of Southwestern Energy from $1.50 to $1.60 and gave the stock a “hold” rating in a research note on Monday, April 20th.

Shares of NYSE:SWN traded down $0.08 during trading on Friday, hitting $2.45. The company’s stock had a trading volume of 185,527 shares, compared to its average volume of 17,778,648. The business has a 50 day moving average price of $3.00 and a two-hundred day moving average price of $2.28. The company has a market capitalization of $1.30 billion, a PE ratio of -1.07 and a beta of 1.56. The company has a debt-to-equity ratio of 1.41, a quick ratio of 1.06 and a current ratio of 1.06. Southwestern Energy has a fifty-two week low of $1.06 and a fifty-two week high of $3.90.

Southwestern Energy (NYSE:SWN) last issued its earnings results on Thursday, April 30th. The energy company reported $0.10 EPS for the quarter, topping analysts’ consensus estimates of $0.07 by $0.03. The firm had revenue of $592.00 million during the quarter, compared to the consensus estimate of $659.76 million. Southwestern Energy had a negative net margin of 47.35% and a positive return on equity of 8.56%. The company’s revenue was down 40.2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.27 earnings per share. As a group, equities analysts expect that Southwestern Energy will post 0.25 earnings per share for the current fiscal year.

Several large investors have recently made changes to their positions in SWN. Transcend Wealth Collective LLC purchased a new stake in shares of Southwestern Energy in the first quarter valued at about $25,000. Conning Inc. purchased a new stake in shares of Southwestern Energy in the first quarter valued at about $26,000. Pinnacle Wealth Planning Services Inc. purchased a new stake in shares of Southwestern Energy in the first quarter valued at about $29,000. Nomura Asset Management Co. Ltd. purchased a new stake in shares of Southwestern Energy in the first quarter valued at about $34,000. Finally, 360 Financial Inc. purchased a new stake in shares of Southwestern Energy in the fourth quarter valued at about $35,000.

Southwestern Energy Company Profile

Southwestern Energy Company, an independent energy company, engages in the exploration, development, and production of natural gas and oil in the United States. It operates through two segments, Exploration and Production, and Midstream. The company focuses on the development of unconventional natural gas reservoirs located in Pennsylvania and West Virginia.

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Analyst Recommendations for Southwestern Energy (NYSE:SWN)

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