Equities analysts expect Southwestern Energy (NYSE:SWN) to report $798.95 million in sales for the current quarter, Zacks Investment Research reports. Five analysts have made estimates for Southwestern Energy’s earnings, with the lowest sales estimate coming in at $765.00 million and the highest estimate coming in at $853.67 million. Southwestern Energy reported sales of $684.00 million in the same quarter last year, which would indicate a positive year-over-year growth rate of 16.8%. The firm is scheduled to announce its next quarterly earnings results after the market closes on Thursday, March 1st.
On average, analysts expect that Southwestern Energy will report full year sales of $798.95 million for the current financial year, with estimates ranging from $3.16 billion to $3.22 billion. For the next year, analysts expect that the business will report sales of $3.50 billion per share, with estimates ranging from $3.39 billion to $3.67 billion. Zacks’ sales calculations are a mean average based on a survey of research analysts that cover Southwestern Energy.
A number of brokerages have weighed in on SWN. Cowen set a $5.00 price target on shares of Southwestern Energy and gave the company a “buy” rating in a report on Thursday. Barclays lifted their price target 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 price target on shares of Southwestern Energy and gave the company a “buy” rating in a report on Tuesday, November 14th. Credit Suisse Group decreased their price target on shares of Southwestern Energy from $6.00 to $5.00 and set a “neutral” rating on the stock in a report on Friday. Finally, Mizuho lowered shares of Southwestern Energy from a “buy” rating to a “neutral” rating in a report on Tuesday, November 21st. Eight research analysts have rated the stock with a sell rating, fifteen have issued a hold rating and six have issued a buy rating to the company’s stock. Southwestern Energy currently has a consensus rating of “Hold” and a consensus price target of $8.14.
Southwestern Energy (NYSE SWN) opened at $3.69 on Monday. The firm has a market cap of $2,167.60, a price-to-earnings ratio of 9.23 and a beta of 0.96. Southwestern Energy has a 1-year low of $3.42 and a 1-year high of $9.15. The company has a quick ratio of 1.88, a current ratio of 1.88 and a debt-to-equity ratio of 2.66.
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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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