Southwestern Energy (NYSE:SWN) Research Coverage Started at StockNews.com

StockNews.com initiated coverage on shares of Southwestern Energy (NYSE:SWN) in a research note issued to investors on Sunday morning. The brokerage issued a hold rating on the energy company’s stock.

SWN has been the topic of a number of other research reports. Scotiabank lowered Southwestern Energy from a sector outperform rating to a sector perform rating and raised their price target for the stock from $9.00 to $9.50 in a report on Thursday, April 11th. UBS Group boosted their price objective on shares of Southwestern Energy from $6.00 to $6.25 and gave the company a neutral rating in a research note on Thursday, January 18th. Susquehanna boosted their price target on shares of Southwestern Energy from $7.00 to $7.50 and gave the stock a neutral rating in a research note on Monday, April 22nd. Seaport Res Ptn downgraded shares of Southwestern Energy from a buy rating to a neutral rating in a research report on Wednesday, January 31st. Finally, Stifel Nicolaus increased their target price on Southwestern Energy from $6.60 to $7.60 and gave the stock a hold rating in a research note on Tuesday, April 23rd. One equities research analyst has rated the stock with a sell rating, eleven have given a hold rating and three have given a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of Hold and a consensus price target of $8.14.

Southwestern Energy Stock Down 3.6 %

SWN opened at $7.22 on Friday. The stock has a market capitalization of $7.95 billion, a P/E ratio of 5.04 and a beta of 1.12. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.82 and a current ratio of 0.82. Southwestern Energy has a one year low of $4.57 and a one year high of $7.80. The business’s 50-day simple moving average is $7.28 and its 200-day simple moving average is $6.88.

Southwestern Energy (NYSE:SWN) last announced its earnings results on Thursday, February 22nd. The energy company reported $0.17 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.13 by $0.04. Southwestern Energy had a net margin of 23.87% and a return on equity of 11.74%. The business had revenue of $1.69 billion for the quarter, compared to analyst estimates of $1.29 billion. During the same period last year, the firm posted $0.26 earnings per share. The company’s revenue for the quarter was down 49.9% compared to the same quarter last year. Analysts anticipate that Southwestern Energy will post 0.57 EPS for the current year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. Rise Advisors LLC acquired a new position in shares of Southwestern Energy during the 1st quarter worth approximately $25,000. Parkside Financial Bank & Trust lifted its position in shares of Southwestern Energy by 481.1% in the fourth 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 stake in shares of Southwestern Energy during the fourth quarter valued at $30,000. Quantbot Technologies LP purchased a new stake in Southwestern Energy during the 3rd quarter worth about $39,000. Finally, Lindbrook Capital LLC lifted its holdings in Southwestern Energy by 30.2% in the 4th 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 in the last quarter. Institutional investors and hedge funds 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.