Southwestern Energy (NYSE:SWN) gapped up before the market opened on Friday . The stock had previously closed at $4.36, but opened at $4.47. Southwestern Energy shares last traded at $4.59, with a volume of 12776905 shares.
A number of equities research analysts have weighed in on SWN shares. Zacks Investment Research raised Southwestern Energy from a “hold” rating to a “buy” rating and set a $4.50 price objective on the stock in a report on Tuesday, February 12th. MKM Partners reaffirmed a “neutral” rating and set a $4.00 price objective on shares of Southwestern Energy in a report on Wednesday, January 16th. B. Riley set a $7.00 price objective on Southwestern Energy and gave the company a “buy” rating in a report on Friday, January 18th. Morgan Stanley set a $4.00 price objective on Southwestern Energy and gave the company a “sell” rating in a report on Tuesday, January 29th. Finally, Mitsubishi UFJ Financial Group decreased their price objective on Southwestern Energy to $5.00 and set a “neutral” rating on the stock in a report on Friday, February 8th. Four investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and one has assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $5.61.
The firm has a market capitalization of $2.42 billion, a P/E ratio of 4.50 and a beta of 1.31. The company has a debt-to-equity ratio of 0.98, a current ratio of 1.13 and a quick ratio of 1.13.
Southwestern Energy (NYSE:SWN) last announced its earnings results on Thursday, February 28th. The energy company reported $0.31 EPS for the quarter, missing the consensus estimate of $0.34 by ($0.03). The business had revenue of $1.18 billion during the quarter, compared to analyst estimates of $1 billion. Southwestern Energy had a return on equity of 26.15% and a net margin of 13.90%. Equities research analysts anticipate that Southwestern Energy will post 0.7 EPS for the current year.
Several institutional investors and hedge funds have recently made changes to their positions in SWN. Greenwich Wealth Management LLC bought a new position in Southwestern Energy in the 4th quarter worth approximately $43,000. Courier Capital LLC bought a new position in Southwestern Energy in the 4th quarter worth approximately $48,000. Legacy Advisors LLC bought a new position in Southwestern Energy in the 1st quarter worth approximately $49,000. Peoples Financial Services CORP. raised its position in Southwestern Energy by 21.7% in the 4th quarter. Peoples Financial Services CORP. now owns 14,600 shares of the energy company’s stock worth $50,000 after purchasing an additional 2,600 shares during the last quarter. Finally, Enlightenment Research LLC bought a new position in Southwestern Energy in the 4th quarter worth approximately $66,000. 94.61% of the stock is currently owned by institutional investors and hedge funds.
Southwestern Energy Company Profile (NYSE:SWN)
Southwestern Energy Company, an independent energy company, engages in the exploration, development, and production of natural gas and oil in the United States. It operates through two segments, Exploration and Production, and Midstream. The company focuses on the development of unconventional natural gas reservoirs located in Pennsylvania and West Virginia.