Analysts Set Southwestern Energy (NYSE:SWN) Target Price at $8.25

Shares of Southwestern Energy (NYSE:SWN) have received a consensus rating of “Hold” from the fourteen brokerages that are covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, ten have assigned a hold recommendation and three have assigned a buy recommendation to the company. The average 1-year price objective among analysts that have covered the stock in the last year is $8.25.

Several research firms recently commented on SWN. Mizuho increased their target price on shares of Southwestern Energy from $9.00 to $10.00 and gave the company a “neutral” rating in a report on Monday, May 13th. Scotiabank lowered shares of Southwestern Energy from a “sector outperform” rating to a “sector perform” rating and increased their target price for the company from $9.00 to $9.50 in a report on Thursday, April 11th. Piper Sandler reissued a “neutral” rating and set a $7.00 price target (down previously from $8.00) on shares of Southwestern Energy in a research report on Friday, April 19th. Stifel Nicolaus increased their price target on shares of Southwestern Energy from $6.60 to $7.60 and gave the company a “hold” rating in a research report on Tuesday, April 23rd. Finally, StockNews.com began coverage on shares of Southwestern Energy in a research report on Wednesday. They set a “hold” rating for the company.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the business. Price T Rowe Associates Inc. MD lifted its position in Southwestern Energy by 14.4% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 39,364,192 shares of the energy company’s stock valued at $298,381,000 after acquiring an additional 4,968,002 shares during the period. Dimensional Fund Advisors LP lifted its position in Southwestern Energy by 7.0% during the 4th quarter. Dimensional Fund Advisors LP now owns 29,332,203 shares of the energy company’s stock valued at $192,133,000 after acquiring an additional 1,924,108 shares during the period. Kopernik Global Investors LLC lifted its position in Southwestern Energy by 0.7% during the 4th quarter. Kopernik Global Investors LLC now owns 21,007,377 shares of the energy company’s stock valued at $137,598,000 after acquiring an additional 143,007 shares during the period. Kimmeridge Energy Management Company LLC purchased a new position in Southwestern Energy during the 4th quarter valued at about $120,352,000. Finally, Magnetar Financial LLC lifted its position in Southwestern Energy by 3,468.3% during the 1st quarter. Magnetar Financial LLC now owns 12,360,286 shares of the energy company’s stock valued at $93,691,000 after acquiring an additional 12,013,898 shares during the period. 86.97% of the stock is owned by hedge funds and other institutional investors.

Southwestern Energy Stock Performance

Southwestern Energy stock opened at $6.78 on Thursday. The firm’s 50 day simple moving average is $7.10 and its 200 day simple moving average is $7.03. The company has a current ratio of 0.62, a quick ratio of 0.62 and a debt-to-equity ratio of 0.83. The firm has a market capitalization of $7.48 billion, a PE ratio of -3.90 and a beta of 1.17. Southwestern Energy has a 1-year low of $5.93 and a 1-year high of $7.80.

Southwestern Energy (NYSE:SWN) last issued its quarterly earnings results on Thursday, May 2nd. The energy company reported $0.12 EPS for the quarter, missing analysts’ consensus estimates of $0.13 by ($0.01). The company had revenue of $1.42 billion during the quarter, compared to the consensus estimate of $1.29 billion. Southwestern Energy had a positive return on equity of 9.00% and a negative net margin of 32.93%. Southwestern Energy’s quarterly revenue was down 33.1% on a year-over-year basis. During the same period in the previous year, the company earned $0.31 EPS. As a group, analysts expect that Southwestern Energy will post 0.61 earnings per share for the current fiscal year.

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.