Southwestern Energy (NYSE:SWN) Earns Hold Rating from Analysts at StockNews.com

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

A number of other analysts have also recently weighed in on SWN. Mizuho upped their price target on shares of Southwestern Energy from $9.00 to $10.00 and gave the stock a neutral rating in a research report on Monday, May 13th. Susquehanna decreased their target price on Southwestern Energy from $8.00 to $7.00 and set a neutral rating for the company in a research report on Monday, July 22nd. Piper Sandler reiterated a neutral rating and set a $7.00 target price (down from $8.00) on shares of Southwestern Energy in a report on Friday, April 19th. Wolfe Research assumed coverage on Southwestern Energy in a report on Thursday, July 18th. They issued a peer perform rating for the company. Finally, Stifel Nicolaus lifted their price objective 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. One research analyst has rated the stock with a sell rating, eleven have issued a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of Hold and an average price target of $8.42.

Southwestern Energy Price Performance

Southwestern Energy stock opened at $6.53 on Thursday. Southwestern Energy has a 12 month low of $5.93 and a 12 month high of $7.80. The company has a debt-to-equity ratio of 0.83, a quick ratio of 0.62 and a current ratio of 0.62. The stock’s 50-day moving average is $6.98 and its 200-day moving average is $7.02.

Southwestern Energy (NYSE:SWN) last posted its quarterly earnings results on Thursday, May 2nd. The energy company reported $0.12 EPS for the quarter, missing the consensus estimate 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 business had revenue of $1.42 billion during the quarter, compared to analysts’ expectations of $1.29 billion. During the same quarter in the previous year, the business posted $0.31 EPS. The company’s quarterly revenue was down 33.1% on a year-over-year basis. Equities research analysts anticipate that Southwestern Energy will post 0.58 earnings per share for the current year.

Hedge Funds Weigh In On Southwestern Energy

Several large investors have recently modified their holdings of SWN. Calamos Advisors LLC raised its stake in Southwestern Energy by 269.1% during the second quarter. Calamos Advisors LLC now owns 6,284,615 shares of the energy company’s stock valued at $42,295,000 after buying an additional 4,581,834 shares in the last quarter. Joule Financial LLC raised its position in shares of Southwestern Energy by 3.4% during the 2nd quarter. Joule Financial LLC now owns 55,421 shares of the energy company’s stock valued at $373,000 after acquiring an additional 1,806 shares in the last quarter. Fifth Third Wealth Advisors LLC raised its position in shares of Southwestern Energy by 296.2% during the 2nd quarter. Fifth Third Wealth Advisors LLC now owns 73,328 shares of the energy company’s stock valued at $493,000 after acquiring an additional 54,818 shares in the last quarter. TCW Group Inc. lifted its stake in Southwestern Energy by 70.0% during the second quarter. TCW Group Inc. now owns 136,047 shares of the energy company’s stock worth $916,000 after purchasing an additional 56,010 shares during the last quarter. Finally, Everpar Advisors LLC acquired a new position in Southwestern Energy in the second quarter worth $112,000. 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.