Southwestern Energy (NYSE:SWN) Earns Sell Rating from Analysts at StockNews.com

StockNews.com started coverage on shares of Southwestern Energy (NYSE:SWN) in a research report report published on Wednesday morning. The brokerage issued a sell rating on the energy company’s stock.

SWN has been the topic of a number of other research reports. Piper Sandler lowered their price target on shares of Southwestern Energy from $7.00 to $6.00 and set a neutral rating on the stock in a report on Thursday, August 15th. Scotiabank reduced their price objective on shares of Southwestern Energy from $9.50 to $9.00 and set a sector perform rating for the company in a research note on Tuesday, August 20th. Wolfe Research began coverage on shares of Southwestern Energy in a research note on Thursday, July 18th. They issued a peer perform rating for the company. Finally, Susquehanna reduced their price objective on shares of Southwestern Energy from $7.00 to $6.50 and set a neutral rating for the company in a research note on Monday, August 19th. One research analyst has rated the stock with a sell rating, ten have given a hold rating and two have assigned a buy rating to the stock. According to MarketBeat.com, Southwestern Energy has an average rating of Hold and a consensus target price of $8.50.

Southwestern Energy Price Performance

Southwestern Energy stock opened at $6.26 on Wednesday. Southwestern Energy has a 52 week low of $5.85 and a 52 week high of $7.80. The company’s 50 day moving average price is $6.37 and its two-hundred day moving average price is $6.93. The company has a quick ratio of 0.53, a current ratio of 0.53 and a debt-to-equity ratio of 1.01. The stock has a market cap of $6.90 billion, a P/E ratio of -3.60 and a beta of 1.12.

Southwestern Energy (NYSE:SWN) last posted its quarterly earnings results on Thursday, August 1st. The energy company reported $0.10 EPS for the quarter, topping analysts’ consensus estimates of $0.09 by $0.01. The company had revenue of $1.08 billion for the quarter, compared to analysts’ expectations of $1.12 billion. Southwestern Energy had a negative net margin of 48.91% and a positive return on equity of 10.55%. Southwestern Energy’s revenue was down 14.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.09 EPS. On average, equities analysts predict that Southwestern Energy will post 0.61 earnings per share for the current year.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. Bank of Nova Scotia purchased a new position in shares of Southwestern Energy during the 4th quarter valued at $4,434,000. Price T Rowe Associates Inc. MD lifted its holdings in shares of Southwestern Energy by 14.4% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 39,364,192 shares of the energy company’s stock worth $298,381,000 after acquiring an additional 4,968,002 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of Southwestern Energy by 7.0% during the 4th quarter. Dimensional Fund Advisors LP now owns 29,332,203 shares of the energy company’s stock worth $192,133,000 after acquiring an additional 1,924,108 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in shares of Southwestern Energy by 2.0% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 10,444,522 shares of the energy company’s stock worth $68,412,000 after acquiring an additional 203,452 shares during the last quarter. Finally, Annex Advisory Services LLC lifted its holdings in shares of Southwestern Energy by 18.8% during the 4th quarter. Annex Advisory Services LLC now owns 977,353 shares of the energy company’s stock worth $6,402,000 after acquiring an additional 154,496 shares during the last quarter. 86.97% of the stock is currently owned by hedge funds and other institutional investors.

About Southwestern Energy

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.