Southwestern Energy (NYSE:SWN) Receives Consensus Rating of “Hold” from Analysts

Shares of Southwestern Energy (NYSE:SWN) have been assigned an average rating of “Hold” from the twelve research firms that are presently covering the stock, Marketbeat Ratings reports. Ten investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The average 12-month price target among analysts that have covered the stock in the last year is $8.56.

Several research firms have issued reports on SWN. Piper Sandler decreased their price objective on shares of Southwestern Energy from $7.00 to $6.00 and set a “neutral” rating for the company in a research note on Thursday, August 15th. Scotiabank decreased their target price on 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. StockNews.com started coverage on Southwestern Energy in a research report on Wednesday, September 11th. They set a “sell” rating on the stock. Susquehanna lowered 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 report on Monday, August 19th. Finally, UBS Group reduced their price target on shares of Southwestern Energy from $7.50 to $7.00 and set a “neutral” rating for the company in a research report on Wednesday, September 18th.

Institutional Trading of Southwestern Energy

Hedge funds have recently modified their holdings of the business. Rise Advisors LLC purchased a new position in Southwestern Energy in the first quarter worth $25,000. Pingora Partners LLC purchased a new position in shares of Southwestern Energy in the 4th quarter valued at about $30,000. Larson Financial Group LLC lifted its stake in shares of Southwestern Energy by 4,752.1% in the second quarter. Larson Financial Group LLC now owns 5,871 shares of the energy company’s stock valued at $40,000 after purchasing an additional 5,750 shares during the period. Fidelis Capital Partners LLC purchased a new stake in Southwestern Energy during the first quarter worth about $43,000. Finally, Choreo LLC acquired a new position in Southwestern Energy during the second quarter worth about $69,000. 86.97% of the stock is owned by institutional investors and hedge funds.

Southwestern Energy Price Performance

SWN stock opened at $6.88 on Tuesday. The business has a 50 day moving average price of $6.32 and a 200 day moving average price of $6.91. The company has a quick ratio of 0.53, a current ratio of 0.53 and a debt-to-equity ratio of 1.01. The stock has a market cap of $7.59 billion, a price-to-earnings ratio of -3.95 and a beta of 1.12. Southwestern Energy has a fifty-two week low of $5.85 and a fifty-two week high of $7.80.

Southwestern Energy (NYSE:SWN) last issued its quarterly earnings data on Thursday, August 1st. The energy company reported $0.10 earnings per share for the quarter, topping the consensus estimate of $0.09 by $0.01. Southwestern Energy had a negative net margin of 48.91% and a positive return on equity of 10.55%. The business had revenue of $1.08 billion during the quarter, compared to the consensus estimate of $1.12 billion. The company’s revenue was down 14.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.09 EPS. Equities research analysts anticipate that Southwestern Energy will post 0.57 earnings per share for the current fiscal year.

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.