B. Riley began coverage on shares of Southwestern Energy (NYSE:SWN) in a research report report published on Monday, February 5th, MarketBeat.com reports. The brokerage issued a neutral rating and a $5.00 price objective on the energy company’s stock. B. Riley also issued estimates for Southwestern Energy’s Q4 2017 earnings at $0.22 EPS, FY2017 earnings at $0.53 EPS, Q1 2018 earnings at $0.36 EPS, Q2 2018 earnings at $0.24 EPS, Q3 2018 earnings at $0.17 EPS, Q4 2018 earnings at $0.35 EPS, FY2018 earnings at $1.11 EPS, Q1 2019 earnings at $0.41 EPS, Q2 2019 earnings at $0.26 EPS, Q3 2019 earnings at $0.18 EPS, Q4 2019 earnings at $0.40 EPS and FY2019 earnings at $1.25 EPS.
Several other brokerages have also recently weighed in on SWN. Morgan Stanley increased their price target on Southwestern Energy from $5.00 to $6.00 and gave the company an underweight rating in a research note on Wednesday, October 18th. Pi Financial lowered Southwestern Energy from a market perform rating to an underperform rating in a research report on Wednesday, January 31st. Zacks Investment Research upgraded Southwestern Energy from a sell rating to a hold rating in a research report on Wednesday, January 31st. ValuEngine lowered Southwestern Energy from a buy rating to a hold rating in a research report on Friday, February 2nd. Finally, Mizuho lowered Southwestern Energy from a neutral rating to an underperform rating in a report on Tuesday, January 16th. Eight investment analysts have rated the stock with a sell rating, fifteen have issued a hold rating and six have assigned a buy rating to the company’s stock. The stock currently has an average rating of Hold and a consensus target price of $8.14.
Southwestern Energy (NYSE:SWN) opened at $3.65 on Monday. The stock has a market capitalization of $2,167.60, a PE ratio of 9.23 and a beta of 0.96. The company has a debt-to-equity ratio of 2.66, a current ratio of 1.88 and a quick ratio of 1.88. Southwestern Energy has a fifty-two week low of $3.42 and a fifty-two week high of $9.14.
Several institutional investors have recently bought and sold shares of SWN. Cetera Investment Advisers bought a new position in shares of Southwestern Energy in the second quarter worth $108,000. NuWave Investment Management LLC bought a new position in shares of Southwestern Energy in the fourth quarter worth $117,000. Sciencast Management LP bought a new position in shares of Southwestern Energy in the second quarter worth $126,000. Stevens Capital Management LP bought a new position in shares of Southwestern Energy in the third quarter worth $135,000. Finally, State of Alaska Department of Revenue bought a new stake in Southwestern Energy during the fourth quarter valued at $166,000. 76.51% of the stock is owned by hedge funds and other institutional investors.
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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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