Susquehanna Increases Southwestern Energy (NYSE:SWN) Price Target to $7.50

Southwestern Energy (NYSE:SWN) had its target price upped by investment analysts at Susquehanna from $7.00 to $7.50 in a note issued to investors on Monday, Benzinga reports. The brokerage currently has a “neutral” rating on the energy company’s stock. Susquehanna’s price objective suggests a potential upside of 1.56% from the stock’s current price.

SWN has been the subject of several other research reports. Mizuho upgraded Southwestern Energy from an “underperform” rating to a “neutral” rating and increased their target price for the company from $6.00 to $9.00 in a research note on Monday, February 26th. Scotiabank downgraded shares of Southwestern Energy from a “sector outperform” rating to a “sector perform” rating and raised their price objective for the stock from $9.00 to $9.50 in a research note on Thursday, April 11th. Citigroup upped their target price on shares of Southwestern Energy from $8.00 to $8.24 and gave the company a “buy” rating in a research note on Friday, January 12th. Piper Sandler restated a “neutral” rating and issued a $7.00 price target (down from $8.00) on shares of Southwestern Energy in a research report on Friday, April 19th. Finally, UBS Group boosted their price objective on shares of Southwestern Energy from $6.00 to $6.25 and gave the stock a “neutral” rating in a report on Thursday, January 18th. One analyst has rated the stock with a sell rating, eleven have given a hold rating and three have issued a buy rating to the company. According to MarketBeat, Southwestern Energy has an average rating of “Hold” and an average price target of $8.14.

Southwestern Energy Trading Down 0.2 %

Shares of SWN stock opened at $7.39 on Monday. Southwestern Energy has a 12 month low of $4.57 and a 12 month high of $7.69. The company has a market cap of $8.13 billion, a PE ratio of 5.24 and a beta of 1.12. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 0.67. The business’s 50 day moving average is $7.17 and its two-hundred day moving average is $6.84.

Southwestern Energy (NYSE:SWN) last posted its earnings results on Thursday, February 22nd. The energy company reported $0.17 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.13 by $0.04. Southwestern Energy had a net margin of 23.87% and a return on equity of 11.74%. The business had revenue of $1.69 billion for the quarter, compared to analyst estimates of $1.29 billion. During the same period last year, the business posted $0.26 EPS. Southwestern Energy’s revenue was down 49.9% compared to the same quarter last year. Equities analysts predict that Southwestern Energy will post 0.61 EPS for the current year.

Hedge Funds Weigh In On Southwestern Energy

Hedge funds and other institutional investors have recently modified their holdings of the stock. Fruth Investment Management raised its stake in Southwestern Energy by 14.4% during the first quarter. Fruth Investment Management now owns 12,236 shares of the energy company’s stock worth $92,000 after acquiring an additional 1,536 shares in the last quarter. Lindbrook Capital LLC increased its position in shares of Southwestern Energy by 30.2% during the 4th quarter. Lindbrook Capital LLC now owns 6,747 shares of the energy company’s stock worth $44,000 after purchasing an additional 1,564 shares in the last quarter. Teacher Retirement System of Texas lifted its holdings in Southwestern Energy by 0.5% during the 3rd quarter. Teacher Retirement System of Texas now owns 352,696 shares of the energy company’s stock valued at $2,275,000 after purchasing an additional 1,889 shares during the last quarter. CWM LLC boosted its position in Southwestern Energy by 17.8% in the first quarter. CWM LLC now owns 15,136 shares of the energy company’s stock valued at $115,000 after buying an additional 2,289 shares in the last quarter. Finally, Cerity Partners LLC grew its stake in Southwestern Energy by 4.4% during the fourth quarter. Cerity Partners LLC now owns 57,931 shares of the energy company’s stock worth $379,000 after buying an additional 2,443 shares during the last quarter. Institutional investors own 86.97% of the company’s stock.

About Southwestern Energy

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.