Southwestern Energy (NYSE:SWN) Stock Price Up 5.4%

Southwestern Energy (NYSE:SWN)’s share price rose 5.4% on Friday . The company traded as high as $1.99 and last traded at $1.95, approximately 23,563,090 shares changed hands during trading. An increase of 26% from the average daily volume of 18,750,971 shares. The stock had previously closed at $1.85.

SWN has been the subject of a number of research reports. Evercore ISI set a $6.00 price target on shares of Southwestern Energy and gave the stock a “hold” rating in a research report on Wednesday, August 7th. Johnson Rice cut shares of Southwestern Energy from an “accumulate” rating to a “hold” rating in a research report on Tuesday. Citigroup upped their price target on shares of Southwestern Energy from $2.00 to $2.25 and gave the stock a “neutral” rating in a research report on Monday, September 23rd. Bank of America set a $2.00 price target on shares of Southwestern Energy and gave the stock a “sell” rating in a research report on Friday, October 25th. Finally, Wolfe Research upgraded shares of Southwestern Energy from an “underperform” rating to a “peer perform” rating in a report on Thursday, September 19th. Five investment analysts have rated the stock with a sell rating, eight have issued a hold rating and one has assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of $3.35.

The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.72 and a current ratio of 0.72. The stock has a market cap of $1.00 billion, a price-to-earnings ratio of 1.91, a price-to-earnings-growth ratio of 0.38 and a beta of 1.12. The business’s fifty day simple moving average is $2.05 and its 200 day simple moving average is $2.54.

Southwestern Energy (NYSE:SWN) last issued its quarterly earnings data on Thursday, October 24th. The energy company reported $0.08 EPS for the quarter, hitting analysts’ consensus estimates of $0.08. Southwestern Energy had a net margin of 31.37% and a return on equity of 14.07%. The firm had revenue of $636.00 million for the quarter, compared to analyst estimates of $659.81 million. During the same quarter in the previous year, the business posted $0.25 EPS. The firm’s revenue was down 33.1% compared to the same quarter last year. As a group, analysts forecast that Southwestern Energy will post 0.55 EPS for the current fiscal year.

A number of hedge funds have recently modified their holdings of the business. CWM Advisors LLC boosted its holdings in shares of Southwestern Energy by 52.2% in the 2nd quarter. CWM Advisors LLC now owns 57,848 shares of the energy company’s stock worth $183,000 after purchasing an additional 19,831 shares during the period. New York State Teachers Retirement System boosted its holdings in shares of Southwestern Energy by 28.9% in the 2nd quarter. New York State Teachers Retirement System now owns 780,799 shares of the energy company’s stock worth $2,467,000 after purchasing an additional 175,100 shares during the period. Foundry Partners LLC lifted its stake in shares of Southwestern Energy by 10.9% during the 2nd quarter. Foundry Partners LLC now owns 2,823,401 shares of the energy company’s stock worth $8,922,000 after acquiring an additional 277,470 shares during the last quarter. Eidelman Virant Capital bought a new stake in shares of Southwestern Energy during the 2nd quarter worth approximately $63,000. Finally, Greenleaf Trust bought a new stake in shares of Southwestern Energy during the 2nd quarter worth approximately $220,000.

Southwestern Energy Company Profile (NYSE:SWN)

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 development of unconventional natural gas reservoirs located in Pennsylvania and West Virginia.

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