Southwestern Energy (NYSE:SWN) Rating Lowered to Neutral at Mizuho

Mizuho lowered shares of Southwestern Energy (NYSE:SWN – Get Rating) from a buy rating to a neutral rating in a report released on Tuesday morning, Briefing.com reports. They currently have $9.00 price objective on the energy company’s stock, down from their previous price objective of $11.00.

Other equities analysts have also recently issued research reports about the stock. StockNews.com began coverage on shares of Southwestern Energy in a research note on Wednesday, October 12th. They set a hold rating for the company. Raymond James cut their price target on shares of Southwestern Energy from $10.50 to $9.00 and set an outperform rating for the company in a research note on Monday, October 24th. Citigroup cut shares of Southwestern Energy from a buy rating to a neutral rating and cut their price target for the stock from $10.00 to $6.50 in a research note on Wednesday, December 7th. The Goldman Sachs Group cut their price target on shares of Southwestern Energy from $8.50 to $7.50 and set a neutral rating for the company in a research note on Thursday, December 29th. Finally, Truist Financial raised shares of Southwestern Energy from a hold rating to a buy rating and boosted their price target for the stock from $7.00 to $11.00 in a research note on Monday, October 3rd. Seven analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. According to MarketBeat.com, Southwestern Energy has a consensus rating of Moderate Buy and a consensus target price of $10.03.

Southwestern Energy Stock Performance

Shares of SWN stock opened at $5.68 on Tuesday. The firm has a market cap of $6.33 billion, a price-to-earnings ratio of 4.18 and a beta of 1.27. The company has a debt-to-equity ratio of 3.43, a quick ratio of 0.37 and a current ratio of 0.37. The firm’s 50-day simple moving average is $6.38 and its two-hundred day simple moving average is $6.70. Southwestern Energy has a 52 week low of $3.81 and a 52 week high of $9.87.

Southwestern Energy (NYSE:SWN – Get Rating) last posted its earnings results on Thursday, October 27th. The energy company reported $0.32 earnings per share for the quarter, topping the consensus estimate of $0.30 by $0.02. The firm had revenue of $4.54 billion during the quarter, compared to the consensus estimate of $2.52 billion. Southwestern Energy had a net margin of 8.98% and a return on equity of 122.25%. The company’s revenue was up 184.2% on a year-over-year basis. During the same quarter last year, the company earned $0.24 earnings per share. As a group, equities analysts forecast that Southwestern Energy will post 1.34 earnings per share for the current year.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the stock. IFP Advisors Inc raised its holdings in Southwestern Energy by 201.0% in the 3rd quarter. IFP Advisors Inc now owns 2,829 shares of the energy company’s stock worth $34,000 after purchasing an additional 1,889 shares in the last quarter. Quadrant Capital Group LLC raised its holdings in Southwestern Energy by 61.9% in the 3rd quarter. Quadrant Capital Group LLC now owns 5,583 shares of the energy company’s stock worth $34,000 after purchasing an additional 2,134 shares in the last quarter. FinTrust Capital Advisors LLC raised its holdings in Southwestern Energy by 91.5% in the 3rd quarter. FinTrust Capital Advisors LLC now owns 6,725 shares of the energy company’s stock worth $45,000 after purchasing an additional 3,214 shares in the last quarter. Chilton Capital Management LLC purchased a new stake in shares of Southwestern Energy in the 2nd quarter worth about $47,000. Finally, CWM LLC grew its position in shares of Southwestern Energy by 109.8% in the 3rd quarter. CWM LLC now owns 8,230 shares of the energy company’s stock worth $50,000 after buying an additional 4,307 shares during the period. 82.26% of the stock is currently owned by institutional investors.

Southwestern Energy Company Profile

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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.