Southwestern Energy (NYSE:SWN) Now Covered by Analysts at StockNews.com

StockNews.com began coverage on shares of Southwestern Energy (NYSE:SWN) in a research note released on Friday. The brokerage issued a sell rating on the energy company’s stock.

Several other equities analysts have also recently weighed in on the stock. Piper Sandler lowered their price objective on shares of Southwestern Energy from $7.00 to $6.00 and set a “neutral” rating on the stock in a research report on Thursday, August 15th. UBS Group lowered their price target on shares of Southwestern Energy from $7.50 to $7.00 and set a “neutral” rating on the stock in a report on Wednesday, September 18th. Susquehanna lowered their price target on shares of Southwestern Energy from $7.00 to $6.50 and set a “neutral” rating on the stock in a report on Monday, August 19th. Wolfe Research started coverage on shares of Southwestern Energy in a report on Thursday, July 18th. They set a “peer perform” rating on the stock. Finally, Scotiabank lowered their price target on shares of Southwestern Energy from $9.50 to $9.00 and set a “sector perform” rating on the stock in a report on Tuesday, August 20th. One investment analyst has rated the stock with a sell rating, ten have given a hold rating and two have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Southwestern Energy currently has a consensus rating of “Hold” and an average target price of $7.98.

Southwestern Energy Price Performance

NYSE SWN opened at $7.11 on Friday. The stock has a market capitalization of $7.84 billion, a P/E ratio of -4.09 and a beta of 1.12. Southwestern Energy has a 1 year low of $5.85 and a 1 year high of $7.80. The business’s fifty day moving average is $6.57 and its two-hundred day moving average is $6.88. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.53 and a current ratio of 0.53.

Southwestern Energy (NYSE:SWN) last posted its quarterly earnings data on Thursday, August 1st. The energy company reported $0.10 earnings per share for the quarter, topping the consensus estimate of $0.09 by $0.01. Southwestern Energy had a negative net margin of 48.91% and a positive return on equity of 10.55%. The firm had revenue of $1.08 billion for the quarter, compared to analysts’ expectations of $1.12 billion. During the same period in the previous year, the company posted $0.09 EPS. The company’s quarterly revenue was down 14.7% compared to the same quarter last year. On average, research analysts forecast that Southwestern Energy will post 0.56 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Southwestern Energy

Hedge funds have recently bought and sold shares of the business. Rise Advisors LLC acquired a new position in Southwestern Energy during the first quarter worth $25,000. UMB Bank n.a. boosted its holdings in Southwestern Energy by 340.6% during the third quarter. UMB Bank n.a. now owns 3,450 shares of the energy company’s stock valued at $25,000 after acquiring an additional 2,667 shares during the period. Paladin Wealth LLC bought a new stake in Southwestern Energy during the third quarter valued at about $38,000. Fidelis Capital Partners LLC bought a new stake in Southwestern Energy during the first quarter valued at about $43,000. Finally, Larson Financial Group LLC boosted its holdings in Southwestern Energy by 4,752.1% during the second quarter. Larson Financial Group LLC now owns 5,871 shares of the energy company’s stock valued at $40,000 after acquiring an additional 5,750 shares during the period. 86.97% of the stock is owned by institutional investors and hedge funds.

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.