Piper Sandler reaffirmed their neutral rating on shares of Southwestern Energy (NYSE:SWN - Free Report) in a research note released on Friday, MarketBeat.com reports. Piper Sandler currently has a $7.00 price target on the energy company's stock, down from their previous price target of $8.00.
A number of other brokerages have also issued reports on SWN. Citigroup lifted their target price on Southwestern Energy from $8.00 to $8.24 and gave the company a buy rating in a research report on Friday, January 12th. UBS Group boosted 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. Mizuho raised Southwestern Energy from an underperform rating to a neutral rating and boosted their price target for the stock from $6.00 to $9.00 in a research report on Monday, February 26th. Seaport Res Ptn lowered Southwestern Energy from a buy rating to a neutral rating in a research report on Wednesday, January 31st. Finally, StockNews.com began coverage on Southwestern Energy in a research note on Friday, April 12th. They set a hold rating for the company. One analyst has rated the stock with a sell rating, eleven have given a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of Hold and a consensus target price of $8.04.
Read Our Latest Stock Report on SWN
Southwestern Energy Stock Up 0.1 %
Shares of NYSE SWN traded up $0.01 during mid-day trading on Friday, reaching $7.29. 8,313,010 shares of the company's stock were exchanged, compared to its average volume of 17,286,680. The firm has a market capitalization of $8.03 billion, a price-to-earnings ratio of 5.17 and a beta of 1.12. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 0.67. The business has a fifty day simple moving average of $7.13 and a 200 day simple moving average of $6.82. Southwestern Energy has a twelve month low of $4.57 and a twelve month high of $7.69.
Southwestern Energy (NYSE:SWN - Get Free Report) last released its quarterly earnings results on Thursday, February 22nd. The energy company reported $0.17 EPS for the quarter, topping analysts' consensus estimates of $0.13 by $0.04. Southwestern Energy had a return on equity of 11.74% and a net margin of 23.87%. The company had revenue of $1.69 billion for the quarter, compared to analyst estimates of $1.29 billion. During the same quarter last year, the firm posted $0.26 earnings per share. Southwestern Energy's revenue was down 49.9% compared to the same quarter last year. As a group, equities analysts expect that Southwestern Energy will post 0.61 EPS for the current fiscal year.
Institutional Trading of Southwestern Energy
A number of institutional investors have recently modified their holdings of SWN. Rise Advisors LLC bought a new stake in shares of Southwestern Energy during the 1st quarter valued at $25,000. Parkside Financial Bank & Trust lifted its position in shares of Southwestern Energy by 481.1% during the 4th quarter. Parkside Financial Bank & Trust now owns 4,655 shares of the energy company's stock valued at $30,000 after acquiring an additional 3,854 shares during the period. Pingora Partners LLC bought a new stake in shares of Southwestern Energy during the 4th quarter valued at $30,000. Industrial Alliance Investment Management Inc. acquired a new position in shares of Southwestern Energy during the 4th quarter worth $34,000. Finally, Steward Partners Investment Advisory LLC raised its holdings in shares of Southwestern Energy by 390.9% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 5,400 shares of the energy company's stock worth $35,000 after buying an additional 4,300 shares in the last quarter. 86.97% of the stock is currently owned by institutional investors.
About Southwestern Energy
(
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.
Further Reading
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
Looking to avoid the hassle of mudslinging, volatility, and uncertainty? You'd need to be out of the market, which isn’t viable. So where should investors put their money? Find out with this report.
Get This Free Report
