Southwestern Energy (NYSE:SWN) Coverage Initiated by Analysts at StockNews.com

StockNews.com initiated coverage on shares of Southwestern Energy (NYSE:SWN) in a research report report published on Friday morning. The firm issued a hold rating on the energy company’s stock.

A number of other analysts have also recently weighed in on SWN. Seaport Res Ptn cut shares of Southwestern Energy from a buy rating to a neutral rating in a report on Wednesday, January 31st. Citigroup increased their target price on shares of Southwestern Energy from $8.00 to $8.24 and gave the stock a buy rating in a report on Friday, January 12th. Stifel Nicolaus reaffirmed a hold rating and issued a $6.60 price objective (down previously from $8.50) on shares of Southwestern Energy in a report on Tuesday, January 23rd. Scotiabank cut shares of Southwestern Energy from a sector outperform rating to a sector perform rating and increased their price objective for the stock from $9.00 to $9.50 in a report on Thursday. Finally, Mizuho raised shares of Southwestern Energy from an underperform rating to a neutral rating and increased their price objective for the stock from $6.00 to $9.00 in a report on Monday, February 26th. One analyst has rated the stock with a sell rating, ten have given a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of Hold and an average target price of $8.11.

Southwestern Energy Trading Up 0.5 %

NYSE SWN opened at $7.43 on Friday. Southwestern Energy has a 12 month low of $4.57 and a 12 month high of $7.69. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.82 and a quick ratio of 0.82. The company has a market capitalization of $8.18 billion, a price-to-earnings ratio of 5.27 and a beta of 1.12. The company’s fifty day moving average price is $7.05 and its two-hundred day moving average price is $6.78.

Southwestern Energy (NYSE:SWN) last issued its earnings results on Thursday, February 22nd. The energy company reported $0.17 earnings per share for the quarter, topping analysts’ consensus estimates of $0.13 by $0.04. The company had revenue of $1.69 billion for the quarter, compared to analysts’ expectations of $1.29 billion. Southwestern Energy had a net margin of 23.87% and a return on equity of 11.74%. The firm’s revenue was down 49.9% compared to the same quarter last year. During the same period in the prior year, the company earned $0.26 earnings per share. As a group, research analysts predict that Southwestern Energy will post 0.62 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Southwestern Energy

Institutional investors and hedge funds have recently bought and sold shares of the stock. Los Angeles Capital Management LLC boosted its position in shares of Southwestern Energy by 5,710.7% during the 3rd quarter. Los Angeles Capital Management LLC now owns 683,045 shares of the energy company’s stock valued at $4,406,000 after purchasing an additional 671,290 shares in the last quarter. Kimmeridge Energy Management Company LLC bought a new position in shares of Southwestern Energy during the 4th quarter valued at about $120,352,000. American Century Companies Inc. boosted its position in shares of Southwestern Energy by 27.9% during the 3rd quarter. American Century Companies Inc. now owns 1,073,641 shares of the energy company’s stock valued at $6,925,000 after purchasing an additional 234,132 shares in the last quarter. Barclays PLC boosted its position in shares of Southwestern Energy by 880.7% during the 2nd quarter. Barclays PLC now owns 3,687,939 shares of the energy company’s stock valued at $22,165,000 after purchasing an additional 3,311,880 shares in the last quarter. Finally, Schroder Investment Management Group boosted its position in shares of Southwestern Energy by 16.0% during the 3rd quarter. Schroder Investment Management Group now owns 2,180,461 shares of the energy company’s stock valued at $14,064,000 after purchasing an additional 300,574 shares in the last quarter. Institutional investors 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.