Southwestern Energy (NYSE:SWN) Receives Consensus Recommendation of “Hold” from Brokerages

Shares of Southwestern Energy (NYSE:SWNGet Free Report) have earned a consensus rating of “Hold” from the fourteen research firms that are currently covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, ten have issued a hold rating and three have assigned a buy rating to the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is $8.25.

A number of equities analysts have weighed in on the company. StockNews.com started coverage on Southwestern Energy in a research report on Wednesday, May 22nd. They set a “hold” rating for the company. Piper Sandler restated a “neutral” rating and set a $7.00 price objective (down from $8.00) on shares of Southwestern Energy in a research note on Friday, April 19th. Mizuho boosted their price objective on Southwestern Energy from $9.00 to $10.00 and gave the stock a “neutral” rating in a report on Monday, May 13th. Scotiabank downgraded Southwestern Energy from a “sector outperform” rating to a “sector perform” rating and upped their target price for the company from $9.00 to $9.50 in a research report on Thursday, April 11th. Finally, Susquehanna lifted their price target on Southwestern Energy from $7.50 to $8.00 and gave the stock a “neutral” rating in a report on Thursday, May 16th.

View Our Latest Analysis on SWN

Southwestern Energy Stock Up 0.7 %

NYSE SWN opened at $7.44 on Wednesday. The stock has a fifty day moving average of $7.42 and a 200-day moving average of $6.92. Southwestern Energy has a 52 week low of $4.72 and a 52 week high of $7.80. 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 (NYSE:SWNGet Free Report) last announced its quarterly earnings results on Thursday, May 2nd. The energy company reported $0.12 EPS for the quarter, missing analysts’ consensus estimates of $0.13 by ($0.01). The company had revenue of $1.42 billion during the quarter, compared to the consensus estimate of $1.29 billion. Southwestern Energy had a negative net margin of 32.93% and a positive return on equity of 9.00%. The business’s revenue was down 33.1% compared to the same quarter last year. During the same period last year, the company earned $0.31 earnings per share. Analysts forecast that Southwestern Energy will post 0.59 EPS for the current year.

Hedge Funds Weigh In On Southwestern Energy

Institutional investors have recently modified their holdings of the business. Rise Advisors LLC acquired a new position in Southwestern Energy during the first quarter worth about $25,000. Parkside Financial Bank & Trust increased its position in Southwestern Energy by 481.1% during the 4th quarter. Parkside Financial Bank & Trust now owns 4,655 shares of the energy company’s stock worth $30,000 after purchasing an additional 3,854 shares in the last quarter. Pingora Partners LLC bought a new position in Southwestern Energy in the 4th quarter valued at approximately $30,000. Quantbot Technologies LP acquired a new stake in Southwestern Energy in the third quarter valued at approximately $39,000. Finally, Fidelis Capital Partners LLC bought a new stake in shares of Southwestern Energy during the first quarter worth $43,000. Institutional investors and hedge funds own 86.97% of the company’s stock.

Southwestern Energy Company Profile

(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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