Southwestern Energy (NYSE:SWN) – Equities research analysts at Jefferies Group increased their Q1 2018 earnings estimates for Southwestern Energy in a research report issued on Wednesday, according to Zacks Investment Research. Jefferies Group analyst Z. Parham now anticipates that the energy company will post earnings of $0.32 per share for the quarter, up from their prior forecast of $0.27. Jefferies Group also issued estimates for Southwestern Energy’s Q2 2018 earnings at $0.27 EPS, Q3 2018 earnings at $0.28 EPS, Q4 2018 earnings at $0.34 EPS, FY2018 earnings at $1.21 EPS, Q1 2019 earnings at $0.32 EPS, Q2 2019 earnings at $0.25 EPS, Q3 2019 earnings at $0.25 EPS and FY2019 earnings at $1.14 EPS.
SWN has been the subject of a number of other reports. Piper Jaffray Companies dropped their target price on shares of Southwestern Energy from $8.00 to $6.00 and set a “neutral” rating for the company in a report on Monday, September 18th. Barclays increased their target price on shares of Southwestern Energy from $5.00 to $6.00 and gave the company an “equal weight” rating in a report on Monday, October 30th. BMO Capital Markets set a $9.00 target price on shares of Southwestern Energy and gave the company a “buy” rating in a report on Tuesday, November 14th. Stifel Nicolaus reaffirmed a “buy” rating on shares of Southwestern Energy in a report on Thursday, September 14th. Finally, Mizuho cut shares of Southwestern Energy from a “buy” rating to a “neutral” rating in a research note on Tuesday, November 21st. Four research analysts have rated the stock with a sell rating, fifteen have given a hold rating and seven have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of $8.95.
Southwestern Energy (NYSE:SWN) opened at $5.41 on Monday. Southwestern Energy has a 1-year low of $4.90 and a 1-year high of $10.45. The company has a debt-to-equity ratio of 2.66, a current ratio of 1.88 and a quick ratio of 1.88. The stock has a market cap of $2,770.00, a PE ratio of 8.73 and a beta of 1.23.
Southwestern Energy (NYSE:SWN) last posted its quarterly earnings results on Thursday, October 26th. The energy company reported $0.06 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.07 by ($0.01). Southwestern Energy had a return on equity of 23.99% and a net margin of 16.31%. The firm had revenue of $737.00 million for the quarter, compared to analysts’ expectations of $773.99 million. During the same period in the prior year, the company earned $0.03 earnings per share. The company’s revenue for the quarter was up 13.2% on a year-over-year basis.
Several institutional investors and hedge funds have recently made changes to their positions in the business. Capital World Investors boosted its holdings in shares of Southwestern Energy by 1.4% in the 2nd quarter. Capital World Investors now owns 8,944,540 shares of the energy company’s stock valued at $54,383,000 after purchasing an additional 121,765 shares during the last quarter. Sterling Capital Management LLC boosted its holdings in shares of Southwestern Energy by 77.5% in the 2nd quarter. Sterling Capital Management LLC now owns 8,405,909 shares of the energy company’s stock valued at $51,108,000 after purchasing an additional 3,669,743 shares during the last quarter. Bridgewater Associates LP boosted its holdings in shares of Southwestern Energy by 117.5% in the 2nd quarter. Bridgewater Associates LP now owns 8,234,921 shares of the energy company’s stock valued at $50,068,000 after purchasing an additional 4,449,396 shares during the last quarter. Ontario Teachers Pension Plan Board lifted its holdings in shares of Southwestern Energy by 22.8% during the 2nd quarter. Ontario Teachers Pension Plan Board now owns 7,563,624 shares of the energy company’s stock valued at $45,987,000 after acquiring an additional 1,405,925 shares in the last quarter. Finally, Disciplined Growth Investors Inc. MN lifted its holdings in shares of Southwestern Energy by 57.2% during the 2nd quarter. Disciplined Growth Investors Inc. MN now owns 6,840,087 shares of the energy company’s stock valued at $41,588,000 after acquiring an additional 2,487,525 shares in the last quarter. Institutional investors own 88.52% of the company’s stock.
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About Southwestern Energy
Southwestern Energy Company is an energy company engaged in natural gas and oil exploration, development and production. The Company operates through two segments: Exploration and Production (E&P) and Midstream Services. Its operations in northeast Pennsylvania are primarily focused on the unconventional natural gas reservoir known as the Marcellus Shale.
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