Southwestern Energy (NYSE:SWN) Given Consensus Recommendation of “Hold” by Brokerages

Shares of Southwestern Energy (NYSE:SWNGet Free Report) have received an average rating of “Hold” from the fourteen brokerages that are presently covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, ten have assigned a hold rating and three have assigned a buy rating to the company. The average 12 month price objective among brokers that have updated their coverage on the stock in the last year is $8.25.

A number of brokerages have weighed in on SWN. Stifel Nicolaus boosted their price objective on Southwestern Energy from $6.60 to $7.60 and gave the company a “hold” rating in a research note on Tuesday, April 23rd. Susquehanna increased their price target on shares of Southwestern Energy from $7.50 to $8.00 and gave the stock a “neutral” rating in a research note on Thursday, May 16th. Mizuho raised their price objective on shares of Southwestern Energy from $9.00 to $10.00 and gave the stock a “neutral” rating in a research report on Monday, May 13th. Scotiabank cut shares of Southwestern Energy from a “sector outperform” rating to a “sector perform” rating and upped their target price for the company from $9.00 to $9.50 in a report on Thursday, April 11th. Finally, StockNews.com began coverage on Southwestern Energy in a report on Saturday, June 15th. They set a “hold” rating on the stock.

Check Out Our Latest Analysis on Southwestern Energy

Hedge Funds Weigh In On Southwestern Energy

Hedge funds and other institutional investors have recently modified their holdings of the stock. Rise Advisors LLC bought a new stake in Southwestern Energy during the 1st quarter worth about $25,000. Parkside Financial Bank & Trust grew its stake in shares of Southwestern Energy by 481.1% during the fourth quarter. Parkside Financial Bank & Trust now owns 4,655 shares of the energy company’s stock valued at $30,000 after purchasing an additional 3,854 shares during the last quarter. Pingora Partners LLC acquired a new stake in shares of Southwestern Energy in the fourth quarter valued at approximately $30,000. Fidelis Capital Partners LLC acquired a new stake in shares of Southwestern Energy in the first quarter valued at approximately $43,000. Finally, Lindbrook Capital LLC raised its position in Southwestern Energy by 30.2% in the 4th quarter. Lindbrook Capital LLC now owns 6,747 shares of the energy company’s stock worth $44,000 after purchasing an additional 1,564 shares during the last quarter. Institutional investors own 86.97% of the company’s stock.

Southwestern Energy Stock Performance

Shares of Southwestern Energy stock opened at $6.77 on Friday. The stock has a market capitalization of $7.47 billion, a price-to-earnings ratio of -3.89 and a beta of 1.12. The company has a debt-to-equity ratio of 0.83, a current ratio of 0.62 and a quick ratio of 0.62. The business has a 50-day moving average of $7.32 and a 200 day moving average of $6.97. Southwestern Energy has a 12 month low of $5.35 and a 12 month high of $7.80.

Southwestern Energy (NYSE:SWNGet Free Report) last posted its quarterly earnings data on Thursday, May 2nd. The energy company reported $0.12 earnings per share for the quarter, missing analysts’ consensus estimates 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 for the quarter, compared to analysts’ expectations of $1.29 billion. During the same period in the prior year, the company posted $0.31 EPS. The firm’s revenue was down 33.1% compared to the same quarter last year. As a group, sell-side analysts forecast that Southwestern Energy will post 0.59 earnings per share for the current year.

About Southwestern Energy

(Get Free Report

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.

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Analyst Recommendations for Southwestern Energy (NYSE:SWN)

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