Southwestern Energy (NYSE:SWN) was upgraded by research analysts at ValuEngine from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Thursday.
Other research analysts have also recently issued reports about the stock. BMO Capital Markets set a $9.00 price objective on shares of Southwestern Energy and gave the company a “buy” rating in a report on Tuesday, November 14th. Stifel Nicolaus reiterated a “buy” rating on shares of Southwestern Energy in a report on Thursday, September 14th. Cowen reiterated a “buy” rating and issued a $9.00 price objective on shares of Southwestern Energy in a report on Tuesday, September 12th. Barclays decreased their price objective on shares of Southwestern Energy from $6.00 to $5.00 and set an “equal weight” rating for the company in a report on Wednesday, October 11th. Finally, KeyCorp reiterated a “hold” rating on shares of Southwestern Energy in a report on Friday, November 10th. Four investment analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and seven have given a buy rating to the stock. The company has an average rating of “Hold” and an average target price of $8.89.
Southwestern Energy (NYSE:SWN) opened at $5.59 on Thursday. The company has a quick ratio of 1.88, a current ratio of 1.88 and a debt-to-equity ratio of 2.66. The stock has a market cap of $2,860.00, a P/E ratio of 9.02 and a beta of 1.23. Southwestern Energy has a 1-year low of $4.90 and a 1-year high of $10.45.
Southwestern Energy (NYSE:SWN) last posted its quarterly earnings data on Thursday, October 26th. The energy company reported $0.06 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.07 by ($0.01). The company had revenue of $737.00 million during the quarter, compared to the consensus estimate of $773.99 million. Southwestern Energy had a net margin of 16.31% and a return on equity of 23.99%. The company’s revenue was up 13.2% on a year-over-year basis. During the same quarter last year, the business earned $0.03 earnings per share. analysts anticipate that Southwestern Energy will post 0.44 EPS for the current fiscal year.
Large investors have recently modified their holdings of the stock. Zacks Investment Management bought a new stake in Southwestern Energy during the second quarter worth approximately $105,000. Cetera Investment Advisers purchased a new stake in shares of Southwestern Energy in the 2nd quarter valued at approximately $108,000. MML Investors Services LLC lifted its position in shares of Southwestern Energy by 5.3% in the 2nd quarter. MML Investors Services LLC now owns 17,941 shares of the energy company’s stock valued at $109,000 after acquiring an additional 900 shares in the last quarter. Sciencast Management LP purchased a new stake in shares of Southwestern Energy in the 2nd quarter valued at approximately $126,000. Finally, Mariner Wealth Advisors LLC lifted its position in shares of Southwestern Energy by 2.6% in the 2nd quarter. Mariner Wealth Advisors LLC now owns 21,009 shares of the energy company’s stock valued at $128,000 after acquiring an additional 541 shares in the last quarter. Hedge funds and other institutional investors own 88.52% of the company’s stock.
About Southwestern Energy
Southwestern Energy Company is an energy company engaged in natural gas and oil exploration, development and production. The Company operates through two segments: Exploration and Production (E&P) and Midstream Services. Its operations in northeast Pennsylvania are primarily focused on the unconventional natural gas reservoir known as the Marcellus Shale.
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