Shares of Southwestern Energy (NYSE:SWN) have been assigned an average rating of “Hold” from the seventeen research firms that are covering the company, MarketBeat reports. Two research analysts have rated the stock with a sell rating, five have issued a hold rating and eight have assigned a buy rating to the company. The average twelve-month price target among brokers that have covered the stock in the last year is $5.44.
A number of equities analysts have weighed in on the company. Raymond James boosted their price target on Southwestern Energy from $6.50 to $7.00 and gave the stock an “outperform” rating in a research report on Tuesday, September 14th. Morgan Stanley upped their target price on Southwestern Energy from $5.00 to $6.00 and gave the company an “equal weight” rating in a research report on Friday, June 18th. Susquehanna raised Southwestern Energy from a “neutral” rating to a “positive” rating in a research report on Monday, July 26th. Mizuho reaffirmed a “buy” rating on shares of Southwestern Energy in a research report on Friday, September 10th. Finally, Johnson Rice downgraded Southwestern Energy from a “buy” rating to an “accumulate” rating and upped their target price for the company from $6.75 to $7.50 in a research report on Tuesday, June 8th.
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in SWN. Rockefeller Capital Management L.P. lifted its stake in Southwestern Energy by 4,435.5% during the first quarter. Rockefeller Capital Management L.P. now owns 11,248 shares of the energy company’s stock worth $52,000 after purchasing an additional 11,000 shares during the last quarter. Axiom Investment Management LLC bought a new stake in Southwestern Energy during the first quarter worth $59,000. Advisor Partners LLC bought a new stake in Southwestern Energy during the first quarter worth $60,000. Man Group plc bought a new stake in Southwestern Energy during the second quarter worth $68,000. Finally, Bridgefront Capital LLC bought a new stake in Southwestern Energy during the second quarter worth $74,000. Hedge funds and other institutional investors own 93.17% of the company’s stock.
Southwestern Energy (NYSE:SWN) last announced its quarterly earnings results on Wednesday, July 28th. The energy company reported $0.19 earnings per share for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.02). The business had revenue of $1.05 billion for the quarter, compared to analyst estimates of $884.62 million. Southwestern Energy had a positive return on equity of 135.54% and a negative net margin of 35.41%. On average, analysts forecast that Southwestern Energy will post 1.2 earnings per share for the current year.
Southwestern Energy Company Profile
Southwestern Energy Co is a holding company, which engages in the exploration, development, and production of natural gas, oil, and natural gas liquids (NGLs). It operates through the Exploration and Production (E&P), and Marketing segments. The E&P segment includes operations in northeast Pennsylvania, West Virginia, and southwest Pennsylvania, The Marketing segment deals in the marketing and transportation of natural gas, oil and NGLs primarily produced in E&P.
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