Southwestern Energy (NYSE:SWN) Receives $8.25 Average PT from Analysts

Southwestern Energy (NYSE:SWN) has been assigned a consensus recommendation of “Hold” from the fourteen analysts that are presently covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, ten have given a hold rating and three have issued a buy rating on the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is $8.25.

Several brokerages recently commented on SWN. Piper Sandler reissued a “neutral” rating and set a $7.00 price objective (down from $8.00) on shares of Southwestern Energy in a research report on Friday, April 19th. StockNews.com started coverage on shares of Southwestern Energy in a report on Wednesday, May 22nd. They set a “hold” rating on the stock. Mizuho boosted their price objective on shares of Southwestern Energy from $9.00 to $10.00 and gave the stock a “neutral” rating in a report on Monday, May 13th. Susquehanna increased their target price on Southwestern Energy from $7.50 to $8.00 and gave the company a “neutral” rating in a research note on Thursday, May 16th. Finally, Scotiabank lowered Southwestern Energy from a “sector outperform” rating to a “sector perform” rating and lifted their target price for the stock from $9.00 to $9.50 in a report on Thursday, April 11th.

Institutional Investors Weigh In On Southwestern Energy

Large investors have recently made changes to their positions in the company. Rise Advisors LLC bought a new position in shares of Southwestern Energy in the 1st quarter worth approximately $25,000. Pingora Partners LLC bought a new position in Southwestern Energy in the fourth quarter worth approximately $30,000. Parkside Financial Bank & Trust boosted its stake in shares of Southwestern Energy by 481.1% during the 4th quarter. Parkside Financial Bank & Trust now owns 4,655 shares of the energy company’s stock worth $30,000 after acquiring an additional 3,854 shares during the last quarter. Fidelis Capital Partners LLC bought a new stake in shares of Southwestern Energy during the 1st quarter valued at $43,000. Finally, Quantbot Technologies LP purchased a new stake in shares of Southwestern Energy in the 3rd quarter worth $39,000. 86.97% of the stock is currently owned by institutional investors.

Southwestern Energy Stock Performance

Shares of SWN opened at $7.39 on Wednesday. The company has a quick ratio of 0.62, a current ratio of 0.62 and a debt-to-equity ratio of 0.83. The stock has a market cap of $8.15 billion, a P/E ratio of -4.25 and a beta of 1.15. The business’s 50 day moving average price is $7.41 and its 200-day moving average price is $6.91. Southwestern Energy has a 52 week low of $4.72 and a 52 week high of $7.80.

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