Southwestern Energy (NYSE:SWN) Receives Average Recommendation of “Hold” from Analysts

Shares of Southwestern Energy (NYSE:SWN) have earned a consensus rating of “Hold” from the twelve brokerages that are currently covering the firm, Marketbeat Ratings reports. Ten analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is $7.98.

Several brokerages recently issued reports on SWN. Scotiabank lowered their target price on Southwestern Energy from $9.50 to $9.00 and set a “sector perform” rating for the company in a research report on Tuesday, August 20th. Susquehanna cut their price objective on Southwestern Energy from $7.00 to $6.50 and set a “neutral” rating on the stock in a research note on Monday, August 19th. StockNews.com initiated coverage on Southwestern Energy in a report on Saturday. They issued a “sell” rating on the stock. Piper Sandler dropped their price target 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. Finally, Wolfe Research started coverage on shares of Southwestern Energy in a research report on Thursday, July 18th. They set a “peer perform” rating for the company.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in SWN. Fruth Investment Management raised its position in shares of 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 purchasing an additional 1,536 shares during the period. Joule Financial LLC lifted its stake in shares of Southwestern Energy by 3.4% in the second quarter. Joule Financial LLC now owns 55,421 shares of the energy company’s stock valued at $373,000 after buying an additional 1,806 shares in the last quarter. Confluence Investment Management LLC lifted its stake in shares of Southwestern Energy by 2.1% in the second quarter. Confluence Investment Management LLC now owns 88,912 shares of the energy company’s stock valued at $598,000 after buying an additional 1,825 shares in the last quarter. TD Asset Management Inc grew its holdings in shares of Southwestern Energy by 0.4% during the second quarter. TD Asset Management Inc now owns 590,130 shares of the energy company’s stock valued at $3,972,000 after buying an additional 2,130 shares during the last quarter. Finally, CWM LLC increased its position in shares of Southwestern Energy by 17.8% during the first quarter. CWM LLC now owns 15,136 shares of the energy company’s stock worth $115,000 after acquiring an additional 2,289 shares in the last quarter. 86.97% of the stock is owned by institutional investors and hedge funds.

Southwestern Energy Stock Performance

Shares of SWN stock opened at $7.11 on Friday. The business’s 50-day moving average price is $6.67 and its 200-day moving average price is $6.88. Southwestern Energy has a 12 month low of $5.85 and a 12 month high of $7.80. The company has a current ratio of 0.53, a quick ratio of 0.53 and a debt-to-equity ratio of 1.01. The firm has a market capitalization of $7.84 billion, a price-to-earnings ratio of -4.09 and a beta of 1.12.

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