Southwestern Energy (NYSE:SWN) Receives New Coverage from Analysts at StockNews.com

StockNews.com began coverage on shares of Southwestern Energy (NYSE:SWN) in a research report sent to investors on Wednesday morning. The firm issued a hold rating on the energy company’s stock.

Other equities research analysts have also recently issued research reports about the stock. Mizuho upgraded shares of Southwestern Energy from an underperform rating to a neutral rating and increased their price target for the company from $6.00 to $9.00 in a report on Monday, February 26th. Susquehanna boosted their target price on Southwestern Energy from $6.50 to $7.00 and gave the stock a neutral rating in a research report on Monday, March 4th. Citigroup raised their price target on shares of Southwestern Energy from $8.00 to $8.24 and gave the company a buy rating in a report on Friday, January 12th. JPMorgan Chase & Co. raised shares of Southwestern Energy from an underweight rating to a neutral rating and boosted their price objective for the company from $7.00 to $8.50 in a report on Wednesday, December 6th. Finally, Stifel Nicolaus restated a hold rating and issued a $6.60 target price (down previously from $8.50) on shares of Southwestern Energy in a report on Tuesday, January 23rd. One research analyst has rated the stock with a sell rating, ten have assigned a hold rating and four have assigned a buy rating to the stock. According to MarketBeat, Southwestern Energy presently has a consensus rating of Hold and an average price target of $7.86.

Southwestern Energy Trading Up 2.4 %

Shares of NYSE SWN opened at $7.51 on Wednesday. The stock has a market cap of $8.27 billion, a P/E ratio of 5.32 and a beta of 1.12. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.82 and a quick ratio of 0.82. Southwestern Energy has a 1 year low of $4.57 and a 1 year high of $7.69. The firm has a 50-day moving average of $6.79 and a 200 day moving average of $6.69.

Southwestern Energy (NYSE:SWN) last released its earnings results on Thursday, February 22nd. The energy company reported $0.17 EPS for the quarter, topping analysts’ consensus estimates of $0.13 by $0.04. Southwestern Energy had a return on equity of 11.74% and a net margin of 23.87%. The firm had revenue of $1.69 billion for the quarter, compared to analysts’ expectations of $1.29 billion. During the same period in the prior year, the firm posted $0.26 earnings per share. The company’s quarterly revenue was down 49.9% on a year-over-year basis. As a group, sell-side analysts expect that Southwestern Energy will post 0.71 EPS for the current fiscal year.

Institutional Investors Weigh In On Southwestern Energy

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Parkside Financial Bank & Trust increased its stake in Southwestern Energy by 481.1% in the 4th quarter. Parkside Financial Bank & Trust now owns 4,655 shares of the energy company’s stock worth $30,000 after buying an additional 3,854 shares in the last quarter. Pingora Partners LLC bought a new stake in Southwestern Energy during the 4th quarter valued at approximately $30,000. Industrial Alliance Investment Management Inc. purchased a new position in Southwestern Energy in the 4th quarter worth approximately $34,000. Steward Partners Investment Advisory LLC raised its position in shares of Southwestern Energy by 390.9% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 5,400 shares of the energy company’s stock valued at $35,000 after buying an additional 4,300 shares during the last quarter. Finally, Atlas Capital Advisors LLC bought a new position in shares of Southwestern Energy during the fourth quarter worth $38,000. Institutional investors own 86.97% of the company’s stock.

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.