Southwestern Energy (NYSE:SWN) Coverage Initiated by Analysts at StockNews.com

StockNews.com assumed coverage on shares of Southwestern Energy (NYSE:SWN) in a research report issued on Wednesday. The brokerage set a “hold” rating on the energy company’s stock.

SWN has been the subject of a number of other research reports. Citigroup lifted their target price on shares of Southwestern Energy from $8.00 to $8.24 and gave the stock a “buy” rating in a research report on Friday, January 12th. JPMorgan Chase & Co. raised shares of Southwestern Energy from an “underweight” rating to a “neutral” rating and lifted their target price for the stock from $7.00 to $8.50 in a research report on Wednesday, December 6th. Seaport Res Ptn downgraded shares of Southwestern Energy from a “buy” rating to a “neutral” rating in a research report on Wednesday, January 31st. UBS Group lifted their target price on shares of Southwestern Energy from $6.00 to $6.25 and gave the stock a “neutral” rating in a research report on Thursday, January 18th. Finally, Mizuho raised shares of Southwestern Energy from an “underperform” rating to a “neutral” rating and lifted their target price for the stock from $6.00 to $9.00 in a research report on Monday, February 26th. One investment analyst has rated the stock with a sell rating, ten have issued a hold rating and four have given a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $7.86.

Southwestern Energy Price Performance

Shares of SWN opened at $7.57 on Wednesday. The company has a market capitalization of $8.34 billion, a P/E ratio of 5.37 and a beta of 1.12. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 0.67. The firm has a 50 day moving average of $6.81 and a 200 day moving average of $6.70. Southwestern Energy has a twelve month low of $4.57 and a twelve month high of $7.69.

Southwestern Energy (NYSE:SWN) last announced its quarterly earnings results on Thursday, February 22nd. The energy company reported $0.17 earnings per share for the quarter, beating the consensus estimate of $0.13 by $0.04. The company had revenue of $1.69 billion during the quarter, compared to the consensus estimate of $1.29 billion. Southwestern Energy had a net margin of 23.87% and a return on equity of 11.74%. The firm’s quarterly revenue was down 49.9% compared to the same quarter last year. During the same quarter last year, the firm earned $0.26 earnings per share. As a group, equities research analysts anticipate that Southwestern Energy will post 0.71 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Southwestern Energy

A number of hedge funds have recently modified their holdings of the business. Vanguard Group Inc. lifted its stake in shares of Southwestern Energy by 7.9% during the 1st quarter. Vanguard Group Inc. now owns 128,222,158 shares of the energy company’s stock valued at $919,352,000 after buying an additional 9,410,861 shares in the last quarter. State Street Corp lifted its stake in shares of Southwestern Energy by 21.5% during the 1st quarter. State Street Corp now owns 55,933,972 shares of the energy company’s stock valued at $401,047,000 after buying an additional 9,882,224 shares in the last quarter. FMR LLC lifted its stake in shares of Southwestern Energy by 32.3% during the 3rd quarter. FMR LLC now owns 39,784,990 shares of the energy company’s stock valued at $256,613,000 after buying an additional 9,709,483 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake in shares of Southwestern Energy by 7.0% during the 4th quarter. Dimensional Fund Advisors LP now owns 29,332,203 shares of the energy company’s stock valued at $192,133,000 after buying an additional 1,924,108 shares in the last quarter. Finally, Renaissance Technologies LLC lifted its stake in shares of Southwestern Energy by 11.5% during the 2nd quarter. Renaissance Technologies LLC now owns 28,443,927 shares of the energy company’s stock valued at $170,948,000 after buying an additional 2,930,002 shares in the last quarter. 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.