Southwestern Energy (NYSE:SWN) Research Coverage Started at StockNews.com

Analysts at StockNews.com started coverage on shares of Southwestern Energy (NYSE:SWN) in a research report issued on Friday. The brokerage set a “sell” rating on the energy company’s stock.

Several other research analysts have also issued reports on SWN. Scotiabank dropped their price target on shares of Southwestern Energy from $9.50 to $9.00 and set a “sector perform” rating for the company in a research report on Tuesday, August 20th. Wolfe Research initiated coverage on Southwestern Energy in a research report on Thursday, July 18th. They set a “peer perform” rating for the company. Piper Sandler decreased their price target on Southwestern Energy from $7.00 to $6.00 and set a “neutral” rating on the stock in a research note on Thursday, August 15th. Susquehanna reduced their target price on shares of Southwestern Energy from $7.00 to $6.50 and set a “neutral” rating on the stock in a research note on Monday, August 19th. Finally, UBS Group cut their price target on shares of Southwestern Energy from $7.50 to $7.00 and set a “neutral” rating for the company in a report on Wednesday, September 18th. One analyst has rated the stock with a sell rating, ten have assigned a hold rating and two have assigned a buy rating to the company. According to MarketBeat, Southwestern Energy has an average rating of “Hold” and a consensus target price of $7.98.

Southwestern Energy Price Performance

NYSE:SWN opened at $7.11 on Friday. The company has a debt-to-equity ratio of 1.01, a current ratio of 0.53 and a quick ratio of 0.53. The stock has a market cap of $7.84 billion, a P/E ratio of -4.09 and a beta of 1.12. The company has a fifty day moving average price of $6.56 and a 200 day moving average price of $6.90. Southwestern Energy has a one year low of $5.85 and a one year high of $7.80.

Southwestern Energy (NYSE:SWN) last posted its quarterly earnings results on Thursday, August 1st. The energy company reported $0.10 EPS for the quarter, beating the consensus estimate of $0.09 by $0.01. Southwestern Energy had a positive return on equity of 10.55% and a negative net margin of 48.91%. The firm had revenue of $1.08 billion during the quarter, compared to analysts’ expectations of $1.12 billion. During the same quarter in the prior year, the firm posted $0.09 EPS. The company’s revenue for the quarter was down 14.7% on a year-over-year basis. Analysts anticipate that Southwestern Energy will post 0.56 earnings per share for the current year.

Institutional Trading of Southwestern Energy

Several hedge funds have recently modified their holdings of the stock. Rise Advisors LLC bought a new position in Southwestern Energy in the 1st quarter worth approximately $25,000. UMB Bank n.a. boosted its position in Southwestern Energy by 340.6% in the 3rd quarter. UMB Bank n.a. now owns 3,450 shares of the energy company’s stock valued at $25,000 after buying an additional 2,667 shares during the last quarter. Paladin Wealth LLC acquired a new stake in shares of Southwestern Energy in the 3rd quarter valued at $38,000. Fidelis Capital Partners LLC bought a new stake in shares of Southwestern Energy during the first quarter worth $43,000. Finally, Larson Financial Group LLC lifted its stake in shares of Southwestern Energy by 4,752.1% during the second quarter. Larson Financial Group LLC now owns 5,871 shares of the energy company’s stock valued at $40,000 after acquiring an additional 5,750 shares during the period. 86.97% of the stock is owned by institutional investors.

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.