Southwestern Energy (NYSE:SWN) Now Covered by Analysts at StockNews.com

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

Several other research firms have also commented on SWN. Susquehanna raised their price target on Southwestern Energy from $6.50 to $7.00 and gave the stock a neutral rating in a research report on Monday, March 4th. Stifel Nicolaus reissued a hold rating and set a $6.60 price target (down previously from $8.50) on shares of Southwestern Energy in a research report on Tuesday, January 23rd. JPMorgan Chase & Co. upgraded shares of Southwestern Energy from an underweight rating to a neutral rating and lifted their price objective for the company from $7.00 to $8.50 in a report on Wednesday, December 6th. Citigroup upped their price objective on Southwestern Energy from $8.00 to $8.24 and gave the stock a buy rating in a research report on Friday, January 12th. Finally, Seaport Res Ptn cut Southwestern Energy from a buy rating to a neutral rating in a research note on Wednesday, January 31st. One equities research analyst has rated the stock with a sell rating, ten have given a hold rating and four have assigned a buy rating to the company. According to MarketBeat.com, Southwestern Energy has a consensus rating of Hold and a consensus target price of $7.86.

Southwestern Energy Price Performance

NYSE:SWN opened at $7.51 on Wednesday. The company has a market capitalization of $8.27 billion, a P/E ratio of 5.32 and a beta of 1.12. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 0.67. Southwestern Energy has a 52 week low of $4.57 and a 52 week high of $7.69. The stock’s fifty day moving average is $6.79 and its two-hundred day moving average is $6.69.

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

Institutional Investors Weigh In On Southwestern Energy

Institutional investors have recently made changes to their positions in the stock. Quadrature Capital Ltd purchased a new position in Southwestern Energy in the 4th quarter valued at approximately $446,000. Teachers Retirement System of The State of Kentucky raised its position in Southwestern Energy by 213.1% during the fourth quarter. Teachers Retirement System of The State of Kentucky now owns 1,238,542 shares of the energy company’s stock worth $8,112,000 after acquiring an additional 843,000 shares during the last quarter. Public Employees Retirement System of Ohio lifted its holdings in shares of Southwestern Energy by 5.5% in the fourth quarter. Public Employees Retirement System of Ohio now owns 471,210 shares of the energy company’s stock valued at $3,086,000 after purchasing an additional 24,355 shares in the last quarter. Mercer Global Advisors Inc. ADV lifted its stake in Southwestern Energy by 36.4% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 26,020 shares of the energy company’s stock valued at $170,000 after buying an additional 6,950 shares in the last quarter. Finally, Townsquare Capital LLC purchased a new position in Southwestern Energy during the fourth quarter worth $80,000. 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.