Southwestern Energy (NYSE:SWN) Price Target Raised to $7.50

Southwestern Energy (NYSE:SWN) had its target price raised by Susquehanna from $7.00 to $7.50 in a report issued on Monday morning, Benzinga reports. Susquehanna currently has a neutral rating on the energy company’s stock.

A number of other equities research analysts also recently issued reports on the company. Seaport Res Ptn downgraded Southwestern Energy from a buy rating to a neutral rating in a research note on Wednesday, January 31st. StockNews.com assumed coverage on shares of Southwestern Energy in a report on Saturday. They set a hold rating for the company. Stifel Nicolaus reiterated a hold rating and set a $6.60 price target (down previously from $8.50) on shares of Southwestern Energy in a research note on Tuesday, January 23rd. UBS Group boosted their price objective on shares of Southwestern Energy from $6.00 to $6.25 and gave the company a neutral rating in a research report on Thursday, January 18th. Finally, Mizuho raised Southwestern Energy from an underperform rating to a neutral rating and raised their target price for the stock from $6.00 to $9.00 in a report on Monday, February 26th. One analyst has rated the stock with a sell rating, eleven have issued a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of Hold and a consensus price target of $8.07.

Southwestern Energy Stock Up 1.6 %

Shares of Southwestern Energy stock opened at $7.41 on Monday. Southwestern Energy has a twelve month low of $4.57 and a twelve month high of $7.69. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 0.67. The company’s 50 day moving average is $7.15 and its 200 day moving average is $6.83. The company has a market cap of $8.16 billion, a price-to-earnings ratio of 5.26 and a beta of 1.12.

Southwestern Energy (NYSE:SWN) last released its quarterly earnings results on Thursday, February 22nd. The energy company reported $0.17 earnings per share for the quarter, beating the consensus estimate of $0.13 by $0.04. Southwestern Energy had a return on equity of 11.74% and a net margin of 23.87%. The firm had revenue of $1.69 billion for the quarter, compared to analysts’ expectations of $1.29 billion. During the same period in the prior year, the firm earned $0.26 EPS. The company’s revenue was down 49.9% compared to the same quarter last year. Research analysts anticipate that Southwestern Energy will post 0.61 EPS for the current year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Louisiana State Employees Retirement System purchased a new position in shares of Southwestern Energy in the fourth quarter worth $2,027,000. Los Angeles Capital Management LLC boosted its holdings in shares of Southwestern Energy by 5,710.7% during the 3rd quarter. Los Angeles Capital Management LLC now owns 683,045 shares of the energy company’s stock valued at $4,406,000 after purchasing an additional 671,290 shares during the last quarter. Kimmeridge Energy Management Company LLC purchased a new position in shares of Southwestern Energy during the fourth quarter valued at about $120,352,000. American Century Companies Inc. increased its holdings in shares of Southwestern Energy by 27.9% in the third quarter. American Century Companies Inc. now owns 1,073,641 shares of the energy company’s stock worth $6,925,000 after purchasing an additional 234,132 shares during the last quarter. Finally, Schroder Investment Management Group lifted its position in shares of Southwestern Energy by 16.0% in the third quarter. Schroder Investment Management Group now owns 2,180,461 shares of the energy company’s stock worth $14,064,000 after buying an additional 300,574 shares in the last quarter. 86.97% of the stock is currently owned by institutional investors.

Southwestern Energy Company Profile

Southwestern Energy Company, an independent energy company, engages in the exploration, development, and production of natural gas, oil, and natural gas liquids (NGLs) in the United States. It operates through two segments, Exploration and Production, and Marketing. The company focuses on the development of unconventional natural gas and oil reservoirs located in Pennsylvania, West Virginia, Ohio, and Louisiana.