Brokerages forecast that Southwestern Energy Company (NYSE:SWN) will post sales of $841.97 million for the current fiscal quarter, according to Zacks Investment Research. Five analysts have issued estimates for Southwestern Energy’s earnings, with the lowest sales estimate coming in at $754.45 million and the highest estimate coming in at $972.57 million. Southwestern Energy posted sales of $684.00 million in the same quarter last year, which suggests a positive year over year growth rate of 23.1%. The business is expected to report its next quarterly earnings report on Thursday, February 22nd.

According to Zacks, analysts expect that Southwestern Energy will report full year sales of $841.97 million for the current financial year, with estimates ranging from $3.15 billion to $3.31 billion. For the next year, analysts expect that the business will post sales of $3.61 billion per share, with estimates ranging from $3.55 billion to $3.74 billion. Zacks’ sales averages are a mean average based on a survey of research analysts that follow Southwestern Energy.

Southwestern Energy (NYSE:SWN) last announced its 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 net margin of 16.31% and a return on equity of 23.99%. The business 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 business earned $0.03 earnings per share. The company’s revenue for the quarter was up 13.2% compared to the same quarter last year.

SWN has been the subject of several research reports. Scotiabank set a $8.00 price target on Southwestern Energy and gave the stock a “hold” rating in a research note on Saturday, October 21st. Stifel Nicolaus reiterated a “buy” rating on shares of Southwestern Energy in a research note on Thursday, September 14th. Barclays cut their price target on Southwestern Energy from $6.00 to $5.00 and set an “equal weight” rating for the company in a research note on Wednesday, October 11th. Piper Jaffray Companies set a $8.00 price target on Southwestern Energy and gave the stock a “hold” rating in a research note on Thursday, August 24th. Finally, Morgan Stanley increased their price target on Southwestern Energy from $5.00 to $6.00 and gave the stock an “underweight” rating in a research note on Wednesday, October 18th. Six analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and six have issued a buy rating to the company’s stock. Southwestern Energy presently has an average rating of “Hold” and an average target price of $11.00.

Shares of Southwestern Energy (SWN) opened at $6.21 on Tuesday. Southwestern Energy has a 12-month low of $4.90 and a 12-month high of $12.85. The stock has a market capitalization of $3,269.28, a price-to-earnings ratio of 15.95 and a beta of 1.23. The company has a debt-to-equity ratio of 2.66, a quick ratio of 1.88 and a current ratio of 1.88.

Several institutional investors and hedge funds have recently modified their holdings of SWN. Capital World Investors boosted its position in shares of Southwestern Energy by 1.4% during the 2nd quarter. Capital World Investors now owns 8,944,540 shares of the energy company’s stock valued at $54,383,000 after acquiring an additional 121,765 shares during the last quarter. Sterling Capital Management LLC boosted its position in shares of Southwestern Energy by 77.5% during 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 acquiring an additional 3,669,743 shares during the last quarter. Bridgewater Associates LP boosted its position in shares of Southwestern Energy by 117.5% during the 2nd quarter. Bridgewater Associates LP now owns 8,234,921 shares of the energy company’s stock valued at $50,068,000 after acquiring an additional 4,449,396 shares during the last quarter. Ontario Teachers Pension Plan Board boosted its position 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 during the last quarter. Finally, Disciplined Growth Investors Inc. MN boosted its position 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 during the last quarter. Hedge funds and other institutional investors own 88.71% of the company’s stock.

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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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Earnings History and Estimates for Southwestern Energy (NYSE:SWN)

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