Southwestern Energy (NYSE:SWN) Research Coverage Started at StockNews.com

StockNews.com started coverage on shares of Southwestern Energy (NYSE:SWN) in a research note released on Sunday morning. The firm issued a hold rating on the energy company’s stock.

Several other equities research analysts have also recently weighed in on the stock. Piper Sandler reiterated a neutral rating and issued a $7.00 target price (down previously from $8.00) on shares of Southwestern Energy in a research note on Friday, April 19th. Stifel Nicolaus increased their target price on shares of Southwestern Energy from $6.60 to $7.60 and gave the company a hold rating in a research note on Tuesday, April 23rd. Mizuho increased their target price on shares of Southwestern Energy from $9.00 to $10.00 and gave the company a neutral rating in a research note on Monday, May 13th. Susquehanna increased their target price on shares of Southwestern Energy from $7.50 to $8.00 and gave the company a neutral rating in a research note on Thursday, May 16th. Finally, Scotiabank cut shares of Southwestern Energy from a sector outperform rating to a sector perform rating and increased their target price for the company from $9.00 to $9.50 in a research note on Thursday, April 11th. One equities research analyst has rated the stock with a sell rating, eleven have assigned a hold rating and three have issued a buy rating to the company. According to MarketBeat.com, Southwestern Energy currently has an average rating of Hold and an average target price of $8.25.

Southwestern Energy Stock Down 1.4 %

SWN stock opened at $6.83 on Friday. The company has a debt-to-equity ratio of 0.83, a current ratio of 0.62 and a quick ratio of 0.62. Southwestern Energy has a 52-week low of $5.49 and a 52-week high of $7.80. The company has a 50-day moving average of $7.28 and a two-hundred day moving average of $6.99. The stock has a market capitalization of $7.53 billion, a price-to-earnings ratio of -3.93 and a beta of 1.12.

Southwestern Energy (NYSE:SWN) last released its quarterly earnings results on Thursday, May 2nd. The energy company reported $0.12 earnings per share (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 firm had revenue of $1.42 billion for the quarter, compared to the consensus estimate of $1.29 billion. During the same quarter last year, the company earned $0.31 earnings per share. The firm’s revenue was down 33.1% on a year-over-year basis. As a group, equities research analysts anticipate that Southwestern Energy will post 0.59 EPS for the current year.

Institutional Trading of Southwestern Energy

Several hedge funds have recently modified their holdings of SWN. HighTower Advisors LLC increased its holdings in shares of Southwestern Energy by 27.5% during the third quarter. HighTower Advisors LLC now owns 55,351 shares of the energy company’s stock worth $359,000 after buying an additional 11,923 shares in the last quarter. DekaBank Deutsche Girozentrale acquired a new stake in shares of Southwestern Energy during the third quarter worth approximately $164,000. QRG Capital Management Inc. acquired a new stake in shares of Southwestern Energy during the third quarter worth approximately $174,000. CI Investments Inc. increased its holdings in shares of Southwestern Energy by 1,769.3% during the third quarter. CI Investments Inc. now owns 25,834 shares of the energy company’s stock worth $167,000 after buying an additional 24,452 shares in the last quarter. Finally, Hsbc Holdings PLC increased its holdings in shares of Southwestern Energy by 39.4% during the third quarter. Hsbc Holdings PLC now owns 59,062 shares of the energy company’s stock worth $381,000 after buying an additional 16,695 shares in the last quarter. Institutional investors and hedge funds own 86.97% of the company’s stock.

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.