Southwestern Energy (NYSE:SWN) Receives New Coverage from Analysts at StockNews.com

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

SWN has been the topic of several other reports. Susquehanna upped their target price on shares of Southwestern Energy from $7.00 to $7.50 and gave the company a neutral rating in a research report on Monday, April 22nd. Seaport Res Ptn downgraded shares of Southwestern Energy from a buy rating to a neutral rating in a report on Wednesday, January 31st. Citigroup upped their price target on shares of Southwestern Energy from $8.00 to $8.24 and gave the company a buy rating in a report on Friday, January 12th. Stifel Nicolaus upped their price target on shares of Southwestern Energy from $6.60 to $7.60 and gave the company a hold rating in a report on Tuesday, April 23rd. Finally, Piper Sandler reiterated a neutral rating and set a $7.00 price target (down from $8.00) on shares of Southwestern Energy in a report on Friday, April 19th. One equities research analyst has rated the stock with a sell rating, eleven have given a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of Hold and an average price target of $8.14.

Southwestern Energy Stock Up 0.8 %

Shares of NYSE SWN opened at $7.71 on Friday. The firm’s 50-day moving average price is $7.24 and its 200-day moving average price is $6.86. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 0.67. The stock has a market capitalization of $8.49 billion, a price-to-earnings ratio of 5.47 and a beta of 1.12. Southwestern Energy has a 12-month low of $4.57 and a 12-month high of $7.73.

Southwestern Energy (NYSE:SWN) last announced its earnings results on Thursday, February 22nd. The energy company reported $0.17 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.13 by $0.04. The firm had revenue of $1.69 billion for the quarter, compared to analysts’ expectations of $1.29 billion. Southwestern Energy had a net margin of 23.87% and a return on equity of 11.74%. The business’s revenue was down 49.9% compared to the same quarter last year. During the same period in the prior year, the company earned $0.26 EPS. On average, equities research analysts anticipate that Southwestern Energy will post 0.57 EPS for the current fiscal year.

Hedge Funds Weigh In On Southwestern Energy

A number of hedge funds have recently added to or reduced their stakes in SWN. CWM LLC grew its stake in Southwestern Energy by 42.5% in the 3rd quarter. CWM LLC now owns 13,238 shares of the energy company’s stock worth $85,000 after acquiring an additional 3,950 shares in the last quarter. SG Americas Securities LLC lifted its position in shares of Southwestern Energy by 34.0% in the 3rd quarter. SG Americas Securities LLC now owns 54,040 shares of the energy company’s stock worth $349,000 after purchasing an additional 13,712 shares during the period. Covenant Partners LLC purchased a new stake in shares of Southwestern Energy in the 3rd quarter worth approximately $93,000. Raymond James Financial Services Advisors Inc. lifted its position in shares of Southwestern Energy by 118.9% in the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 75,479 shares of the energy company’s stock worth $487,000 after purchasing an additional 41,000 shares during the period. Finally, Independent Advisor Alliance lifted its position in shares of Southwestern Energy by 3.5% in the 3rd quarter. Independent Advisor Alliance now owns 175,654 shares of the energy company’s stock worth $1,133,000 after purchasing an additional 5,884 shares during the period. 86.97% of the stock is currently owned by 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.