Southwestern Energy (NYSE:SWN) Price Target Raised to $7.50 at Susquehanna

Southwestern Energy (NYSE:SWN - Free Report) had its price target raised by Susquehanna from $7.00 to $7.50 in a research report released on Monday morning, Benzinga reports. They currently have a neutral rating on the energy company's stock.

SWN has been the topic of a number of other research reports. StockNews.com initiated coverage on shares of Southwestern Energy in a research report on Saturday. They set a hold rating on the stock. Scotiabank lowered Southwestern Energy from a sector outperform rating to a sector perform rating and raised their price objective for the stock from $9.00 to $9.50 in a research note on Thursday, April 11th. Piper Sandler reiterated a neutral rating and set a $7.00 target price (down from $8.00) on shares of Southwestern Energy in a research report on Friday. UBS Group raised their price target on Southwestern Energy from $6.00 to $6.25 and gave the stock a neutral rating in a research report on Thursday, January 18th. Finally, Citigroup boosted their price target on Southwestern Energy from $8.00 to $8.24 and gave the company a buy rating in a research note on Friday, January 12th. One research analyst has rated the stock with a sell rating, eleven have issued a hold rating and three have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of Hold and an average price target of $8.07.

Southwestern Energy Stock Performance

NYSE:SWN traded up $0.12 during mid-day trading on Monday, hitting $7.41. 10,113,293 shares of the stock were exchanged, compared to its average volume of 17,193,508. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.82 and a current ratio of 0.82. The firm's 50-day simple moving average is $7.13 and its 200 day simple moving average is $6.83. Southwestern Energy has a fifty-two week low of $4.57 and a fifty-two week high of $7.69. The stock has a market capitalization of $8.16 billion, a price-to-earnings ratio of 5.17 and a beta of 1.12.

Southwestern Energy (NYSE:SWN - Get Free Report) last announced its earnings results on Thursday, February 22nd. The energy company reported $0.17 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.13 by $0.04. Southwestern Energy had a net margin of 23.87% and a return on equity of 11.74%. The company had revenue of $1.69 billion during the quarter, compared to analysts' expectations of $1.29 billion. During the same quarter in the previous year, the business posted $0.26 earnings per share. Southwestern Energy's quarterly revenue was down 49.9% on a year-over-year basis. As a group, equities analysts anticipate that Southwestern Energy will post 0.61 EPS for the current fiscal year.

Institutional Trading of Southwestern Energy

A number of hedge funds have recently added to or reduced their stakes in SWN. Rise Advisors LLC acquired a new stake in shares of Southwestern Energy during the 1st quarter valued at $25,000. Parkside Financial Bank & Trust boosted its stake in shares of Southwestern Energy by 481.1% during the fourth quarter. Parkside Financial Bank & Trust now owns 4,655 shares of the energy company's stock valued at $30,000 after purchasing an additional 3,854 shares in the last quarter. Pingora Partners LLC bought a new stake in shares of Southwestern Energy during the fourth quarter worth about $30,000. Quantbot Technologies LP bought a new position in Southwestern Energy in the 3rd quarter valued at approximately $39,000. Finally, Lindbrook Capital LLC boosted its position in Southwestern Energy by 30.2% during the 4th quarter. Lindbrook Capital LLC now owns 6,747 shares of the energy company's stock worth $44,000 after buying an additional 1,564 shares during the period. Institutional investors and hedge funds own 86.97% of the company's stock.

Southwestern Energy Company Profile

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.