Analysts Set Southwestern Energy (SWN) Target Price at $6.06

Shares of Southwestern Energy (NYSE:SWN) have earned an average recommendation of “Hold” from the twenty-six research firms that are covering the company, MarketBeat Ratings reports. Eight research analysts have rated the stock with a sell recommendation, thirteen have assigned a hold recommendation and four have given a buy recommendation to the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is $6.06.

A number of brokerages have recently weighed in on SWN. Jefferies Group reaffirmed a “hold” rating and set a $4.50 price target on shares of Southwestern Energy in a report on Thursday, April 26th. ValuEngine downgraded shares of Southwestern Energy from a “hold” rating to a “sell” rating in a report on Wednesday, May 2nd. Morgan Stanley upped their price target on shares of Southwestern Energy from $2.00 to $2.50 and gave the stock an “underweight” rating in a report on Monday, April 30th. Piper Jaffray set a $6.00 price target on shares of Southwestern Energy and gave the stock a “hold” rating in a report on Wednesday, March 14th. Finally, Mitsubishi UFJ Financial Group reaffirmed a “neutral” rating on shares of Southwestern Energy in a report on Monday, February 12th.

Hedge funds and other institutional investors have recently made changes to their positions in the business. State of Wisconsin Investment Board increased its position in shares of Southwestern Energy by 9.8% during the first quarter. State of Wisconsin Investment Board now owns 151,999 shares of the energy company’s stock worth $658,000 after buying an additional 13,520 shares during the period. ING Groep NV increased its position in shares of Southwestern Energy by 24.0% during the fourth quarter. ING Groep NV now owns 77,320 shares of the energy company’s stock worth $431,000 after buying an additional 14,961 shares during the period. Gargoyle Investment Advisor L.L.C. increased its position in shares of Southwestern Energy by 43.4% during the first quarter. Gargoyle Investment Advisor L.L.C. now owns 55,798 shares of the energy company’s stock worth $242,000 after buying an additional 16,898 shares during the period. Barings LLC increased its position in shares of Southwestern Energy by 18.5% during the fourth quarter. Barings LLC now owns 111,692 shares of the energy company’s stock worth $623,000 after buying an additional 17,469 shares during the period. Finally, NuWave Investment Management LLC increased its position in shares of Southwestern Energy by 86.6% during the first quarter. NuWave Investment Management LLC now owns 39,088 shares of the energy company’s stock worth $172,000 after buying an additional 18,135 shares during the period. Hedge funds and other institutional investors own 84.48% of the company’s stock.

Shares of Southwestern Energy traded down $0.05, reaching $4.58, on Monday, MarketBeat reports. 788,459 shares of the company’s stock were exchanged, compared to its average volume of 22,012,945. Southwestern Energy has a twelve month low of $4.45 and a twelve month high of $4.56. The company has a quick ratio of 2.03, a current ratio of 2.03 and a debt-to-equity ratio of 2.00. The firm has a market cap of $2.63 billion, a PE ratio of 10.39 and a beta of 0.79.

Southwestern Energy (NYSE:SWN) last issued its quarterly earnings results on Thursday, April 26th. The energy company reported $0.28 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.25 by $0.03. Southwestern Energy had a net margin of 25.51% and a return on equity of 19.14%. The company had revenue of $920.00 million during the quarter, compared to the consensus estimate of $895.65 million. During the same quarter in the prior year, the firm posted $0.18 EPS. research analysts expect that Southwestern Energy will post 0.78 EPS for the current year.

About Southwestern Energy

Southwestern Energy Company, an independent energy company, engages in the exploration, development, and production of natural gas and oil in the United States. It operates through two segments, Exploration and Production, and Midstream. The company focuses on the Marcellus Shale, an unconventional natural gas reservoir covering approximately 191,226 net acres in Northeast Appalachia; Marcellus Shale, Utica, and Upper Devonian unconventional natural gas and oil reservoirs covering approximately 290,291 net acres in Southwest Appalachia; and the Fayetteville Shale, an unconventional natural gas reservoir covering approximately 917,842 net acres in Arkansas.

Analyst Recommendations for Southwestern Energy (NYSE:SWN)

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