Southwestern Energy (NYSE:SWN) Receives Average Recommendation of “Hold” from Analysts

Shares of Southwestern Energy (NYSE:SWN) have received an average recommendation of “Hold” from the twelve analysts that are covering the firm, Marketbeat Ratings reports. Ten analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company. The average 12-month price target among brokerages that have issued ratings on the stock in the last year is $7.98.

A number of analysts have recently commented on the company. Wolfe Research assumed coverage on Southwestern Energy in a research note on Thursday, July 18th. They issued a “peer perform” rating for the company. Scotiabank lowered their target price on Southwestern Energy from $9.50 to $9.00 and set a “sector perform” rating for the company in a research note on Tuesday, August 20th. StockNews.com began coverage on Southwestern Energy in a research note on Wednesday, September 11th. They set a “sell” rating for the company. UBS Group lowered their target price on Southwestern Energy from $7.50 to $7.00 and set a “neutral” rating for the company in a research note on Wednesday, September 18th. Finally, Susquehanna lowered their target price on Southwestern Energy from $7.00 to $6.50 and set a “neutral” rating for the company in a research note on Monday, August 19th.

Southwestern Energy Stock Performance

Shares of SWN stock opened at $7.11 on Tuesday. The company has a debt-to-equity ratio of 1.01, a current ratio of 0.53 and a quick ratio of 0.53. The stock has a market cap of $7.84 billion, a PE ratio of -4.09 and a beta of 1.12. The stock has a 50-day moving average of $6.34 and a 200-day moving average of $6.91. Southwestern Energy has a one year low of $5.85 and a one year high of $7.80.

Southwestern Energy (NYSE:SWN) last announced its quarterly earnings results on Thursday, August 1st. The energy company reported $0.10 EPS for the quarter, beating analysts’ consensus estimates of $0.09 by $0.01. The company had revenue of $1.08 billion during the quarter, compared to analysts’ expectations of $1.12 billion. Southwestern Energy had a positive return on equity of 10.55% and a negative net margin of 48.91%. Southwestern Energy’s revenue was down 14.7% on a year-over-year basis. During the same period in the prior year, the business posted $0.09 EPS. As a group, sell-side analysts expect that Southwestern Energy will post 0.56 earnings per share for the current year.

Hedge Funds Weigh In On Southwestern Energy

A number of large investors have recently bought and sold shares of SWN. Corient Private Wealth LLC boosted its holdings in shares of Southwestern Energy by 21.7% in the 4th quarter. Corient Private Wealth LLC now owns 144,712 shares of the energy company’s stock valued at $948,000 after buying an additional 25,762 shares during the last quarter. US Bancorp DE boosted its holdings in shares of Southwestern Energy by 6.6% in the 4th quarter. US Bancorp DE now owns 201,753 shares of the energy company’s stock valued at $1,321,000 after buying an additional 12,569 shares during the last quarter. TCW Group Inc. acquired a new stake in shares of Southwestern Energy in the 4th quarter valued at approximately $229,000. United Services Automobile Association boosted its holdings in shares of Southwestern Energy by 13.9% in the 4th quarter. United Services Automobile Association now owns 89,302 shares of the energy company’s stock valued at $585,000 after buying an additional 10,917 shares during the last quarter. Finally, Innealta Capital LLC boosted its holdings in shares of Southwestern Energy by 130.0% in the 4th quarter. Innealta Capital LLC now owns 38,622 shares of the energy company’s stock valued at $253,000 after buying an additional 21,829 shares during the last quarter. Institutional investors and hedge funds 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.