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

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

A number of other research firms have also recently commented on SWN. Susquehanna dropped their target price on shares of Southwestern Energy from $7.00 to $6.50 and set a “neutral” rating for the company in a report on Monday, August 19th. Wolfe Research began coverage on shares of Southwestern Energy in a research report on Thursday, July 18th. They issued a “peer perform” rating on the stock. UBS Group lowered 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. Piper Sandler cut their price objective on Southwestern Energy from $7.00 to $6.00 and set a “neutral” rating on the stock in a report on Thursday, August 15th. Finally, Scotiabank lowered their target price on Southwestern Energy from $9.50 to $9.00 and set a “sector perform” rating for the company in a report on Tuesday, August 20th. One research analyst has rated the stock with a sell rating, ten have given a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat.com, Southwestern Energy has a consensus rating of “Hold” and an average price target of $7.98.

Southwestern Energy Stock Performance

Shares of NYSE:SWN opened at $7.11 on Friday. Southwestern Energy has a 12-month low of $5.85 and a 12-month high of $7.80. The company’s 50 day moving average price is $6.57 and its two-hundred day moving average price is $6.89. The firm has a market cap of $7.84 billion, a PE ratio of -4.09 and a beta of 1.12. The company has a quick ratio of 0.53, a current ratio of 0.53 and a debt-to-equity ratio of 1.01.

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

Institutional Trading of Southwestern Energy

Institutional investors have recently bought and sold shares of the company. Rise Advisors LLC acquired a new position in shares of Southwestern Energy in the 1st quarter valued at about $25,000. UMB Bank n.a. lifted its stake in Southwestern Energy by 340.6% in the third 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 period. Paladin Wealth LLC bought a new position in shares of Southwestern Energy during the 3rd quarter worth approximately $38,000. Larson Financial Group LLC grew its position in shares of Southwestern Energy by 4,752.1% during the 2nd quarter. Larson Financial Group LLC now owns 5,871 shares of the energy company’s stock worth $40,000 after buying an additional 5,750 shares during the period. Finally, Fidelis Capital Partners LLC bought a new position in Southwestern Energy during the first quarter worth $43,000. Institutional investors own 86.97% of the company’s stock.

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.