Southwestern Energy Company (NYSE:SWN) had its price target hoisted by Barclays PLC from $5.00 to $6.00 in a research note released on Monday, October 30th. The brokerage currently has an equal weight rating on the energy company’s stock.
Several other equities analysts have also recently commented on the stock. Cowen and Company set a $9.00 price target on shares of Southwestern Energy and gave the company a buy rating in a research report on Wednesday, July 19th. KeyCorp reissued a hold rating on shares of Southwestern Energy in a research report on Sunday, September 3rd. Citigroup Inc. decreased their price objective on shares of Southwestern Energy from $9.00 to $8.00 and set a buy rating for the company in a research report on Friday, July 21st. Stifel Nicolaus reaffirmed a buy rating on shares of Southwestern Energy in a research report on Thursday, September 14th. Finally, BidaskClub raised shares of Southwestern Energy from a strong sell rating to a sell rating in a research report on Friday, August 25th. Six equities research analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and six have assigned a buy rating to the stock. The stock currently has an average rating of Hold and an average price target of $10.95.
Southwestern Energy (NYSE SWN) opened at $6.21 on Monday. The firm has a market cap of $3,417.88, a PE ratio of 16.67 and a beta of 1.17. Southwestern Energy has a 12 month low of $4.90 and a 12 month high of $12.85. The company has a quick ratio of 1.88, a current ratio of 1.88 and a debt-to-equity ratio of 2.66.
Southwestern Energy (NYSE:SWN) last announced its quarterly earnings results on Thursday, October 26th. The energy company reported $0.06 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.07 by ($0.01). Southwestern Energy had a return on equity of 23.99% and a net margin of 16.31%. The firm had revenue of $737.00 million for the quarter, compared to analyst estimates of $773.99 million. During the same quarter in the prior year, the business earned $0.03 EPS. The firm’s quarterly revenue was up 13.2% on a year-over-year basis. equities analysts anticipate that Southwestern Energy will post 0.49 earnings per share for the current fiscal year.
A number of hedge funds have recently modified their holdings of SWN. Tudor Investment Corp ET AL acquired a new stake in shares of Southwestern Energy in the first quarter worth $102,000. Zacks Investment Management acquired a new stake in shares of Southwestern Energy in the second quarter worth $105,000. Cetera Investment Advisers acquired a new stake in shares of Southwestern Energy in the second quarter worth $108,000. MML Investors Services LLC increased its position in shares of Southwestern Energy by 5.3% in the second quarter. MML Investors Services LLC now owns 17,941 shares of the energy company’s stock worth $109,000 after acquiring an additional 900 shares in the last quarter. Finally, Cambridge Investment Research Advisors Inc. acquired a new stake in shares of Southwestern Energy in the first quarter worth $111,000. 89.48% of the stock is owned by hedge funds and other institutional investors.
Southwestern Energy Company Profile
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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