Southwestern Energy (NYSE:SWN - Get Free Report) issued its quarterly earnings data on Thursday. The energy company reported $0.12 EPS for the quarter, missing analysts' consensus estimates of $0.13 by ($0.01), Briefing.com reports. Southwestern Energy had a positive return on equity of 8.31% and a negative net margin of 32.93%. The company had revenue of $1.42 billion for the quarter, compared to the consensus estimate of $1.29 billion. During the same quarter in the previous year, the company earned $0.31 earnings per share. Southwestern Energy's quarterly revenue was down 33.1% compared to the same quarter last year.
Southwestern Energy Price Performance
Shares of NYSE SWN traded down $0.14 during midday trading on Friday, reaching $7.08. The company's stock had a trading volume of 22,590,598 shares, compared to its average volume of 13,220,767. Southwestern Energy has a one year low of $4.57 and a one year high of $7.80. The company has a market cap of $7.81 billion, a price-to-earnings ratio of -4.07 and a beta of 1.15. The company has a 50 day moving average price of $7.29 and a 200 day moving average price of $6.88. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 0.67.
Wall Street Analyst Weigh In
A number of analysts recently weighed in on SWN shares. Seaport Res Ptn cut shares of Southwestern Energy from a "buy" rating to a "neutral" rating in a report on Wednesday, January 31st. Citigroup boosted their price objective on Southwestern Energy from $8.00 to $8.24 and gave the stock a "buy" rating in a research report on Friday, January 12th. Susquehanna raised their target price on Southwestern Energy from $7.00 to $7.50 and gave the company a "neutral" rating in a research report on Monday, April 22nd. StockNews.com began coverage on Southwestern Energy in a research report on Sunday, April 28th. They set a "hold" rating for the company. Finally, Mizuho raised Southwestern Energy from an "underperform" rating to a "neutral" rating and raised their price target for the company from $6.00 to $9.00 in a report on Monday, February 26th. One analyst has rated the stock with a sell rating, eleven have given a hold rating and three have issued a buy rating to the company. According to MarketBeat, Southwestern Energy currently has a consensus rating of "Hold" and an average price target of $8.14.
Check Out Our Latest Analysis on SWN
Southwestern Energy Company Profile
(
Get Free Report)
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.
Featured Stories
Before you consider Southwestern Energy, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Southwestern Energy wasn't on the list.
While Southwestern Energy currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering what the next stocks will be that hit it big, with solid fundamentals? Click the link below to learn more about how your portfolio could bloom.
Get This Free Report
