B. Riley Weighs in on Southwestern Energy’s FY2017 Earnings (SWN)

Southwestern Energy (NYSE:SWN) – Research analysts at B. Riley issued their FY2017 EPS estimates for shares of Southwestern Energy in a report released on Monday. B. Riley analyst R. Rashid anticipates that the energy company will post earnings of $0.53 per share for the year. B. Riley currently has a “Neutral” rating and a $5.00 target price on the stock. B. Riley also issued estimates for Southwestern Energy’s Q4 2017 earnings at $0.22 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.

SWN has been the subject of a number of other reports. Barclays upped their price target on Southwestern Energy from $5.00 to $6.00 and gave the company an “equal weight” rating in a research note on Monday, October 30th. BMO Capital Markets set a $9.00 price target on Southwestern Energy and gave the company a “buy” rating in a research note on Tuesday, November 14th. Cowen set a $8.00 price target on Southwestern Energy and gave the company a “buy” rating in a research note on Thursday, January 18th. Mizuho cut Southwestern Energy from a “buy” rating to a “neutral” rating in a research note on Tuesday, November 21st. Finally, Goldman Sachs Group cut Southwestern Energy from a “neutral” rating to a “sell” rating in a research note on Thursday, February 1st. Eight analysts have rated the stock with a sell rating, fifteen have given a hold rating and five have issued a buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of $8.58.

Shares of Southwestern Energy (SWN) opened at $3.60 on Thursday. 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 company has a market capitalization of $1,840.00, a PE ratio of 5.81 and a beta of 0.96. Southwestern Energy has a 52 week low of $3.60 and a 52 week high of $9.17.

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Cetera Investment Advisers bought a new stake in Southwestern Energy during the 2nd quarter worth approximately $108,000. Sciencast Management LP bought a new stake in Southwestern Energy during the 2nd quarter worth approximately $126,000. NuWave Investment Management LLC bought a new stake in Southwestern Energy during the 4th quarter worth approximately $117,000. Stevens Capital Management LP bought a new position in shares of Southwestern Energy during the 3rd quarter worth approximately $135,000. Finally, State of Alaska Department of Revenue bought a new position in shares of Southwestern Energy during the 4th quarter worth approximately $166,000. 77.27% 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.

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

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