Southwestern Energy (NYSE:SWN) Now Covered by Analysts at StockNews.com

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

Several other analysts have also recently issued reports on the stock. Scotiabank cut shares of Southwestern Energy from a sector outperform rating to a sector perform rating and upped their price target for the company from $9.00 to $9.50 in a report on Thursday, April 11th. Mizuho upped their price target on shares of Southwestern Energy from $9.00 to $10.00 and gave the company a neutral rating in a report on Monday, May 13th. Susquehanna upped their price target on shares of Southwestern Energy from $7.50 to $8.00 and gave the company a neutral rating in a report on Thursday, May 16th. Piper Sandler reaffirmed a neutral rating and issued a $7.00 price target (down from $8.00) on shares of Southwestern Energy in a report on Friday, April 19th. Finally, 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. One research analyst has rated the stock with a sell rating, eleven have assigned a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat.com, Southwestern Energy has a consensus rating of Hold and an average target price of $8.25.

Southwestern Energy Price Performance

Shares of SWN stock opened at $6.87 on Friday. The company has a market capitalization of $7.57 billion, a PE ratio of -3.95 and a beta of 1.12. The firm has a fifty day simple moving average of $7.37 and a 200-day simple moving average of $6.97. The company has a current ratio of 0.62, a quick ratio of 0.62 and a debt-to-equity ratio of 0.83. Southwestern Energy has a twelve month low of $5.35 and a twelve month high of $7.80.

Southwestern Energy (NYSE:SWN) last announced its earnings results on Thursday, May 2nd. The energy company reported $0.12 earnings per share for the quarter, missing the consensus estimate of $0.13 by ($0.01). The firm had revenue of $1.42 billion during the quarter, compared to analysts’ expectations of $1.29 billion. Southwestern Energy had a negative net margin of 32.93% and a positive return on equity of 9.00%. Southwestern Energy’s revenue for the quarter was down 33.1% compared to the same quarter last year. During the same quarter last year, the company posted $0.31 earnings per share. Equities research analysts anticipate that Southwestern Energy will post 0.59 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Rise Advisors LLC bought a new position in Southwestern Energy in the 1st quarter worth approximately $25,000. Parkside Financial Bank & Trust raised its stake 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 valued at $30,000 after acquiring an additional 3,854 shares in the last quarter. Pingora Partners LLC acquired a new position in Southwestern Energy during the 4th quarter worth $30,000. Fidelis Capital Partners LLC bought a new position in shares of Southwestern Energy in the first quarter worth $43,000. Finally, Lindbrook Capital LLC increased its holdings in shares of Southwestern Energy by 30.2% during the fourth quarter. Lindbrook Capital LLC now owns 6,747 shares of the energy company’s stock valued at $44,000 after purchasing an additional 1,564 shares during the period. Institutional investors own 86.97% of the company’s stock.

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.