Southwestern Energy (NYSE:SWN) gapped up before the market opened on Monday . The stock had previously closed at $4.59, but opened at $4.52. Southwestern Energy shares last traded at $4.52, with a volume of 28900000 shares traded.
A number of equities research analysts have weighed in on the stock. Cowen set a $8.00 price target on shares of Southwestern Energy and gave the company a “buy” rating in a research report on Thursday, January 18th. Zacks Investment Research upgraded shares of Southwestern Energy from a “sell” rating to a “hold” rating in a research report on Wednesday, January 31st. ValuEngine upgraded shares of Southwestern Energy from a “hold” rating to a “buy” rating in a research report on Thursday, January 4th. Goldman Sachs Group cut shares of Southwestern Energy from a “neutral” rating to a “sell” rating in a research report on Thursday, February 1st. Finally, Morgan Stanley dropped their price target on shares of Southwestern Energy from $4.00 to $2.00 and set an “underweight” rating for the company in a research report on Wednesday, February 14th. Nine research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and five have given a buy rating to the company. Southwestern Energy presently has an average rating of “Hold” and a consensus target price of $7.31.
The company has a current ratio of 1.93, a quick ratio of 1.93 and a debt-to-equity ratio of 2.22. The firm has a market cap of $2,320.00, a P/E ratio of 3.01 and a beta of 1.05.
Southwestern Energy (NYSE:SWN) last posted its quarterly earnings data on Thursday, March 1st. The energy company reported $0.12 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.09 by $0.03. Southwestern Energy had a net margin of 30.57% and a return on equity of 21.54%. The business had revenue of $809.00 million during the quarter, compared to analyst estimates of $802.77 million. During the same quarter last year, the firm posted $0.08 earnings per share. The business’s revenue for the quarter was up 18.3% compared to the same quarter last year. equities analysts predict that Southwestern Energy will post 0.76 EPS for the current year.
Several hedge funds and other institutional investors have recently bought and sold shares of the company. Wedge Capital Management L L P NC lifted its stake in Southwestern Energy by 11.1% in the fourth quarter. Wedge Capital Management L L P NC now owns 2,714,953 shares of the energy company’s stock worth $15,149,000 after acquiring an additional 271,913 shares during the last quarter. Dimensional Fund Advisors LP lifted its stake in Southwestern Energy by 2,243.4% in the third quarter. Dimensional Fund Advisors LP now owns 2,435,577 shares of the energy company’s stock worth $14,882,000 after acquiring an additional 2,331,644 shares during the last quarter. SG Americas Securities LLC lifted its stake in Southwestern Energy by 1,030.3% in the fourth quarter. SG Americas Securities LLC now owns 277,606 shares of the energy company’s stock worth $1,549,000 after acquiring an additional 253,046 shares during the last quarter. Van Hulzen Asset Management LLC purchased a new position in Southwestern Energy in the third quarter worth approximately $272,000. Finally, ING Groep NV lifted its stake in Southwestern Energy by 24.0% in the fourth quarter. ING Groep NV now owns 77,320 shares of the energy company’s stock worth $431,000 after acquiring an additional 14,961 shares during the last quarter. 80.63% of the stock is owned by institutional investors and hedge funds.
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Southwestern Energy Company Profile
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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