Morgan Stanley Analysts Give Southwestern Energy (SWN) a $4.00 Price Target

Southwestern Energy (NYSE:SWN) has been given a $4.00 price objective by investment analysts at Morgan Stanley in a research report issued on Friday. The firm currently has a “sell” rating on the energy company’s stock. Morgan Stanley’s price objective would indicate a potential downside of 25.09% from the company’s previous close.

Other analysts have also issued research reports about the company. Citigroup raised their target price on Southwestern Energy from $5.00 to $6.00 and gave the company a “neutral” rating in a report on Monday, August 13th. Macquarie raised their target price on Southwestern Energy from $5.00 to $5.75 and gave the company a “neutral” rating in a report on Thursday, September 6th. Johnson Rice lowered Southwestern Energy from a “buy” rating to an “accumulate” rating in a report on Wednesday, August 15th. Scotiabank set a $7.00 target price on Southwestern Energy and gave the company a “hold” rating in a report on Monday, August 6th. Finally, ValuEngine raised Southwestern Energy from a “strong sell” rating to a “sell” rating in a report on Saturday, July 28th. Seven investment analysts have rated the stock with a sell rating, fourteen have given a hold rating and three have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $5.72.

Shares of SWN stock traded up $0.02 during trading on Friday, reaching $5.34. The company had a trading volume of 19,162,705 shares, compared to its average volume of 20,195,604. The company has a debt-to-equity ratio of 1.59, a quick ratio of 0.66 and a current ratio of 0.66. Southwestern Energy has a one year low of $3.42 and a one year high of $6.72. The company has a market capitalization of $3.00 billion, a price-to-earnings ratio of 12.14 and a beta of 0.87.

Southwestern Energy (NYSE:SWN) last issued its quarterly earnings data on Thursday, August 2nd. The energy company reported $0.18 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.16 by $0.02. The business had revenue of $816.00 million for the quarter, compared to the consensus estimate of $809.41 million. Southwestern Energy had a return on equity of 17.78% and a net margin of 18.37%. The firm’s revenue was up .6% compared to the same quarter last year. During the same period last year, the business earned $0.08 EPS. On average, analysts forecast that Southwestern Energy will post 0.9 EPS for the current fiscal year.

Several large investors have recently made changes to their positions in SWN. BlackRock Inc. grew its holdings in shares of Southwestern Energy by 34.5% during the 2nd quarter. BlackRock Inc. now owns 61,871,297 shares of the energy company’s stock worth $327,918,000 after purchasing an additional 15,866,736 shares in the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of Southwestern Energy by 103.7% during the 2nd quarter. Dimensional Fund Advisors LP now owns 14,598,144 shares of the energy company’s stock worth $77,371,000 after purchasing an additional 7,430,243 shares in the last quarter. Disciplined Growth Investors Inc. MN grew its holdings in shares of Southwestern Energy by 81.5% during the 1st quarter. Disciplined Growth Investors Inc. MN now owns 12,487,570 shares of the energy company’s stock worth $54,071,000 after purchasing an additional 5,608,144 shares in the last quarter. Northern Trust Corp grew its holdings in shares of Southwestern Energy by 98.8% during the 2nd quarter. Northern Trust Corp now owns 8,793,237 shares of the energy company’s stock worth $46,606,000 after purchasing an additional 4,369,474 shares in the last quarter. Finally, Stelliam Investment Management LP grew its holdings in shares of Southwestern Energy by 15.6% during the 2nd quarter. Stelliam Investment Management LP now owns 29,450,000 shares of the energy company’s stock worth $156,085,000 after purchasing an additional 3,972,500 shares in the last quarter. 90.80% of the stock is currently owned by institutional investors.

About Southwestern Energy

Southwestern Energy Company, an independent energy company, engages in the exploration, development, and production of natural gas and oil in the United States. It operates through two segments, Exploration and Production, and Midstream. The company focuses on the Marcellus Shale, an unconventional natural gas reservoir covering approximately 191,226 net acres in Northeast Appalachia; Marcellus Shale, Utica, and Upper Devonian unconventional natural gas and oil reservoirs covering approximately 290,291 net acres in Southwest Appalachia; and the Fayetteville Shale, an unconventional natural gas reservoir covering approximately 917,842 net acres in Arkansas.

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Analyst Recommendations for Southwestern Energy (NYSE:SWN)

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