Southwestern Energy (NYSE:SWN) Price Target Increased to $7.50 by Analysts at Susquehanna

Southwestern Energy (NYSE:SWN) had its price target raised by Susquehanna from $7.00 to $7.50 in a research report report published on Monday morning, Benzinga reports. Susquehanna currently has a neutral rating on the energy company’s stock.

SWN has been the topic of a number of other research reports. Citigroup upped their target price on Southwestern Energy from $8.00 to $8.24 and gave the company a buy rating in a report on Friday, January 12th. Stifel Nicolaus reiterated a hold rating and issued a $6.60 target price (down previously from $8.50) on shares of Southwestern Energy in a research report on Tuesday, January 23rd. UBS Group boosted their price target on shares of Southwestern Energy from $6.00 to $6.25 and gave the company a neutral rating in a report on Thursday, January 18th. Seaport Res Ptn downgraded shares of Southwestern Energy from a buy rating to a neutral rating in a research note on Wednesday, January 31st. Finally, StockNews.com started coverage on Southwestern Energy in a research report on Saturday. They set a hold rating for the company. One equities research analyst has rated the stock with a sell rating, eleven have given a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Southwestern Energy presently has an average rating of Hold and an average price target of $8.07.

Southwestern Energy Trading Up 1.6 %

Southwestern Energy stock opened at $7.41 on Monday. Southwestern Energy has a 52 week low of $4.57 and a 52 week high of $7.69. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.82 and a current ratio of 0.82. The firm has a market capitalization of $8.16 billion, a price-to-earnings ratio of 5.26 and a beta of 1.12. The company has a 50 day moving average price of $7.15 and a 200 day moving average price of $6.83.

Southwestern Energy (NYSE:SWN) last issued its earnings results on Thursday, February 22nd. The energy company reported $0.17 EPS for the quarter, topping the consensus estimate of $0.13 by $0.04. The business had revenue of $1.69 billion during the quarter, compared to analysts’ expectations of $1.29 billion. Southwestern Energy had a return on equity of 11.74% and a net margin of 23.87%. Southwestern Energy’s revenue was down 49.9% compared to the same quarter last year. During the same quarter last year, the firm posted $0.26 earnings per share. Research analysts forecast that Southwestern Energy will post 0.61 EPS for the current year.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of SWN. CWM LLC lifted its holdings in shares of Southwestern Energy by 42.5% during the third quarter. CWM LLC now owns 13,238 shares of the energy company’s stock worth $85,000 after buying an additional 3,950 shares in the last quarter. SG Americas Securities LLC boosted its holdings in shares of Southwestern Energy by 34.0% during the 3rd quarter. SG Americas Securities LLC now owns 54,040 shares of the energy company’s stock valued at $349,000 after acquiring an additional 13,712 shares in the last quarter. 1900 Wealth Management LLC bought a new stake in shares of Southwestern Energy during the third quarter worth about $1,061,000. Oak Thistle LLC bought a new stake in Southwestern Energy during the 3rd quarter worth approximately $657,000. Finally, Covenant Partners LLC bought a new stake in shares of Southwestern Energy in the third quarter worth $93,000. 86.97% of the stock is currently owned by institutional investors.

About Southwestern Energy

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.