Southwestern Energy (NYSE:SWN) Coverage Initiated by Analysts at StockNews.com

Analysts at StockNews.com initiated coverage on shares of Southwestern Energy (NYSE:SWN) in a research note issued on Sunday. The firm set a “hold” rating on the energy company’s stock.

Several other equities research analysts have also weighed in on the company. UBS Group raised their target price on Southwestern Energy from $6.00 to $6.25 and gave the stock a “neutral” rating in a research report on Thursday, January 18th. Mizuho raised Southwestern Energy from an “underperform” rating to a “neutral” rating and lifted their price target for the stock from $6.00 to $9.00 in a research report on Monday, February 26th. Citigroup lifted their price target on Southwestern Energy from $8.00 to $8.24 and gave the stock a “buy” rating in a research report on Friday, January 12th. Stifel Nicolaus lifted their price target on Southwestern Energy from $6.60 to $7.60 and gave the stock a “hold” rating in a research report on Tuesday, April 23rd. Finally, Seaport Res Ptn lowered Southwestern Energy from a “buy” rating to a “neutral” rating in a research report on Wednesday, January 31st. 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 data from MarketBeat.com, Southwestern Energy has a consensus rating of “Hold” and a consensus target price of $8.14.

Southwestern Energy Price Performance

Shares of NYSE SWN opened at $7.71 on Friday. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.82 and a current ratio of 0.82. Southwestern Energy has a fifty-two week low of $4.57 and a fifty-two week high of $7.73. The firm has a market capitalization of $8.49 billion, a PE ratio of 5.47 and a beta of 1.12. The stock’s 50-day simple moving average is $7.24 and its 200-day simple moving average is $6.86.

Southwestern Energy (NYSE:SWN) last issued its earnings results on Thursday, February 22nd. The energy company reported $0.17 earnings per share for the quarter, topping the consensus estimate of $0.13 by $0.04. Southwestern Energy had a return on equity of 11.74% and a net margin of 23.87%. The business had revenue of $1.69 billion for the quarter, compared to analyst estimates of $1.29 billion. During the same quarter last year, the company earned $0.26 EPS. The business’s quarterly revenue was down 49.9% on a year-over-year basis. As a group, equities research analysts forecast that Southwestern Energy will post 0.57 EPS for the current fiscal year.

Institutional Trading of Southwestern Energy

A number of institutional investors have recently modified their holdings of the business. Fruth Investment Management boosted its position in Southwestern Energy by 14.4% during the first quarter. Fruth Investment Management now owns 12,236 shares of the energy company’s stock worth $92,000 after purchasing an additional 1,536 shares in the last quarter. Lindbrook Capital LLC boosted its position in Southwestern Energy by 30.2% during the fourth quarter. Lindbrook Capital LLC now owns 6,747 shares of the energy company’s stock worth $44,000 after purchasing an additional 1,564 shares in the last quarter. Teacher Retirement System of Texas boosted its position in Southwestern Energy by 0.5% during the third quarter. Teacher Retirement System of Texas now owns 352,696 shares of the energy company’s stock worth $2,275,000 after purchasing an additional 1,889 shares in the last quarter. CWM LLC boosted its position in Southwestern Energy by 17.8% during the first quarter. CWM LLC now owns 15,136 shares of the energy company’s stock worth $115,000 after purchasing an additional 2,289 shares in the last quarter. Finally, Cerity Partners LLC boosted its position in Southwestern Energy by 4.4% during the fourth quarter. Cerity Partners LLC now owns 57,931 shares of the energy company’s stock worth $379,000 after purchasing an additional 2,443 shares in the last quarter. 86.97% of the stock is currently 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.