A number of other equities analysts have also weighed in on SWN. Robert W. Baird restated a hold rating and set a $8.00 target price on shares of Southwestern Energy in a research report on Tuesday, September 26th. Scotiabank set a $8.00 target price on shares of Southwestern Energy and gave the stock a hold rating in a research report on Monday, August 7th. Royal Bank Of Canada set a $8.00 target price on shares of Southwestern Energy and gave the stock a hold rating in a research report on Tuesday, August 8th. Barclays PLC upped their target price on shares of Southwestern Energy from $5.00 to $6.00 and gave the stock an equal weight rating in a research report on Monday, October 30th. Finally, BidaskClub upgraded shares of Southwestern Energy from a strong sell rating to a sell rating in a research report on Thursday, August 3rd. Six research analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and six have assigned a buy rating to the stock. Southwestern Energy currently has an average rating of Hold and an average price target of $10.95.
Southwestern Energy (NYSE SWN) opened at $6.50 on Friday. The company has a debt-to-equity ratio of 2.66, a quick ratio of 1.88 and a current ratio of 1.88. Southwestern Energy has a 12-month low of $4.90 and a 12-month high of $12.85. The firm has a market cap of $3,417.88, a price-to-earnings ratio of 16.67 and a beta of 1.17.
Southwestern Energy (NYSE:SWN) last issued its earnings results on Thursday, October 26th. The energy company reported $0.06 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.07 by ($0.01). Southwestern Energy had a return on equity of 23.99% and a net margin of 16.31%. The company had revenue of $737.00 million for the quarter, compared to the consensus estimate of $773.99 million. During the same quarter in the prior year, the company posted $0.03 EPS. Southwestern Energy’s revenue was up 13.2% compared to the same quarter last year. analysts expect that Southwestern Energy will post 0.49 EPS for the current year.
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Several hedge funds and other institutional investors have recently bought and sold shares of SWN. Tudor Investment Corp ET AL bought a new position in shares of Southwestern Energy in the first quarter worth about $102,000. Zacks Investment Management bought a new position in shares of Southwestern Energy in the second quarter worth about $105,000. Cetera Investment Advisers bought a new position in shares of Southwestern Energy in the second quarter worth about $108,000. MML Investors Services LLC grew its holdings in shares of Southwestern Energy by 5.3% in the second quarter. MML Investors Services LLC now owns 17,941 shares of the energy company’s stock worth $109,000 after purchasing an additional 900 shares during the last quarter. Finally, Partnervest Advisory Services LLC bought a new position in shares of Southwestern Energy in the second quarter worth about $122,000. Hedge funds and other institutional investors own 89.48% of the company’s stock.
About Southwestern Energy
Southwestern Energy Company is an energy company engaged in natural gas and oil exploration, development and production. The Company operates through two segments: Exploration and Production (E&P) and Midstream Services. Its operations in northeast Pennsylvania are primarily focused on the unconventional natural gas reservoir known as the Marcellus Shale.
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