Susquehanna Boosts Southwestern Energy (NYSE:SWN) Price Target to $8.00

Southwestern Energy (NYSE:SWNFree Report) had its price objective hoisted by Susquehanna from $7.50 to $8.00 in a report released on Thursday, Benzinga reports. The firm currently has a neutral rating on the energy company’s stock.

Several other equities analysts have also issued reports on the stock. Piper Sandler restated a neutral rating and issued a $7.00 target price (down previously from $8.00) on shares of Southwestern Energy in a report on Friday, April 19th. Seaport Res Ptn lowered Southwestern Energy from a buy rating to a neutral rating in a research report on Wednesday, January 31st. Stifel Nicolaus lifted their target price on Southwestern Energy from $6.60 to $7.60 and gave the stock a hold rating in a report on Tuesday, April 23rd. UBS Group increased their price target on Southwestern Energy from $6.00 to $6.25 and gave the stock a neutral rating in a report on Thursday, January 18th. Finally, Mizuho lifted their price objective 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. One research analyst has rated the stock with a sell rating, eleven have assigned a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat.com, Southwestern Energy presently has a consensus rating of Hold and a consensus price target of $8.25.

View Our Latest Report on SWN

Southwestern Energy Trading Up 0.1 %

Shares of SWN stock opened at $7.53 on Thursday. Southwestern Energy has a 1-year low of $4.72 and a 1-year high of $7.80. The company has a current ratio of 0.62, a quick ratio of 0.62 and a debt-to-equity ratio of 0.83. The stock has a market cap of $8.30 billion, a price-to-earnings ratio of -4.33 and a beta of 1.15. The stock has a 50-day moving average of $7.38 and a 200-day moving average of $6.90.

Southwestern Energy (NYSE:SWNGet Free Report) last announced its 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 company had revenue of $1.42 billion during the quarter, compared to the consensus estimate of $1.29 billion. During the same quarter in the previous year, the company earned $0.31 earnings per share. The business’s revenue was down 33.1% on a year-over-year basis. On average, equities research analysts forecast that Southwestern Energy will post 0.59 earnings per share for the current year.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. Fruth Investment Management grew its position in Southwestern Energy by 14.4% in the 1st 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 grew its holdings in shares of Southwestern Energy by 30.2% in the fourth quarter. Lindbrook Capital LLC now owns 6,747 shares of the energy company’s stock valued at $44,000 after acquiring an additional 1,564 shares in the last quarter. Teacher Retirement System of Texas increased its position in shares of 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 valued at $2,275,000 after acquiring an additional 1,889 shares during the last quarter. CWM LLC lifted its holdings 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 acquiring an additional 2,289 shares during the period. Finally, Cerity Partners LLC boosted its position in Southwestern Energy by 4.4% in 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 during the last quarter. Institutional investors own 86.97% of the company’s stock.

About Southwestern Energy

(Get Free Report)

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.

Further Reading

Analyst Recommendations for Southwestern Energy (NYSE:SWN)

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