Southwestern Energy (NYSE:SWN) Receives Average Recommendation of “Hold” from Analysts

Southwestern Energy (NYSE:SWN) has been assigned a consensus recommendation of “Hold” from the fourteen brokerages that are currently covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, ten have given a hold rating and three have assigned a buy rating to the company. The average 12-month target price among brokers that have issued ratings on the stock in the last year is $8.14.

SWN has been the subject of several analyst reports. Scotiabank downgraded Southwestern Energy from a “sector outperform” rating to a “sector perform” rating and raised their target price for the stock from $9.00 to $9.50 in a research report on Thursday, April 11th. Stifel Nicolaus raised their price target on Southwestern Energy from $6.60 to $7.60 and gave the company a “hold” rating in a report on Tuesday. StockNews.com assumed coverage on Southwestern Energy in a report on Saturday, April 20th. They set a “hold” rating for the company. Susquehanna raised their price target on Southwestern Energy from $7.00 to $7.50 and gave the company a “neutral” rating in a report on Monday, April 22nd. Finally, UBS Group raised their price target on Southwestern Energy from $6.00 to $6.25 and gave the company a “neutral” rating in a report on Thursday, January 18th.

Institutional Investors Weigh In On Southwestern Energy

Hedge funds and other institutional investors have recently made changes to their positions in the company. Rise Advisors LLC acquired a new stake in shares of Southwestern Energy in the 1st quarter valued at $25,000. Parkside Financial Bank & Trust increased its stake in shares of Southwestern Energy by 481.1% in the 4th quarter. Parkside Financial Bank & Trust now owns 4,655 shares of the energy company’s stock valued at $30,000 after buying an additional 3,854 shares during the period. Pingora Partners LLC acquired a new stake in shares of Southwestern Energy in the 4th quarter valued at $30,000. Quantbot Technologies LP acquired a new stake in shares of Southwestern Energy in the 3rd quarter valued at $39,000. Finally, Lindbrook Capital LLC increased its stake in shares of Southwestern Energy by 30.2% in the 4th quarter. Lindbrook Capital LLC now owns 6,747 shares of the energy company’s stock valued at $44,000 after buying an additional 1,564 shares during the period. 86.97% of the stock is owned by institutional investors and hedge funds.

Southwestern Energy Price Performance

Southwestern Energy stock opened at $7.71 on Friday. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.82 and a quick ratio of 0.82. The company has a market capitalization of $8.49 billion, a PE ratio of 5.47 and a beta of 1.12. Southwestern Energy has a one year low of $4.57 and a one year high of $7.73. The business has a 50 day simple moving average of $7.24 and a 200 day simple moving average of $6.86.

Southwestern Energy (NYSE:SWN) last posted 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 the consensus estimate 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% on a year-over-year basis. During the same quarter last year, the company earned $0.26 EPS. On average, sell-side analysts forecast that Southwestern Energy will post 0.57 EPS for the current fiscal year.

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.