Southwestern Energy (SWN) Price Target Lowered to $2.00 at Morgan Stanley

Southwestern Energy (NYSE:SWN) had its target price lowered by Morgan Stanley from $2.50 to $2.00 in a research report sent to investors on Friday morning. The brokerage currently has an underweight rating on the energy company’s stock.

A number of other research firms also recently issued reports on SWN. Zacks Investment Research raised shares of Southwestern Energy from a sell rating to a hold rating in a research report on Friday, March 16th. Jefferies Group reaffirmed a hold rating and issued a $5.00 price objective on shares of Southwestern Energy in a research report on Monday, March 19th. B. Riley raised shares of Southwestern Energy from a neutral rating to a buy rating and increased their price objective for the company from $5.00 to $5.85 in a research report on Friday, February 9th. Ladenburg Thalmann downgraded shares of Southwestern Energy from a buy rating to a neutral rating and set a $4.00 price objective for the company. in a research report on Friday, February 9th. Finally, Pi Financial downgraded shares of Southwestern Energy from a market perform rating to an underperform rating in a research report on Wednesday, January 31st. Seven equities research analysts have rated the stock with a sell rating, fifteen have given a hold rating and five have issued a buy rating to the company’s stock. Southwestern Energy has an average rating of Hold and an average price target of $6.76.

SWN traded down $0.11 on Friday, reaching $4.25. 21,212,212 shares of the company’s stock were exchanged, compared to its average volume of 13,239,609. The company has a market cap of $2,559.60, a PE ratio of 9.66 and a beta of 0.79. Southwestern Energy has a twelve month low of $3.42 and a twelve month high of $8.25. The company has a debt-to-equity ratio of 2.22, a quick ratio of 1.93 and a current ratio of 1.93.

Southwestern Energy (NYSE:SWN) last posted its earnings results on Thursday, March 1st. The energy company reported $0.12 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.09 by $0.03. The firm had revenue of $809.00 million during the quarter, compared to the consensus estimate of $802.77 million. Southwestern Energy had a net margin of 30.57% and a return on equity of 21.54%. The company’s revenue was up 18.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.08 EPS. sell-side analysts predict that Southwestern Energy will post 0.74 earnings per share for the current year.

Several institutional investors have recently added to or reduced their stakes in the company. Encompass Capital Advisors LLC boosted its stake in shares of Southwestern Energy by 10.9% during the 4th quarter. Encompass Capital Advisors LLC now owns 8,800,000 shares of the energy company’s stock valued at $49,104,000 after buying an additional 862,553 shares during the last quarter. Disciplined Growth Investors Inc. MN boosted its stake in shares of Southwestern Energy by 0.8% during the 4th quarter. Disciplined Growth Investors Inc. MN now owns 6,879,426 shares of the energy company’s stock valued at $38,387,000 after buying an additional 51,514 shares during the last quarter. Bank of New York Mellon Corp boosted its stake in shares of Southwestern Energy by 10.0% during the 4th quarter. Bank of New York Mellon Corp now owns 6,678,572 shares of the energy company’s stock valued at $37,267,000 after buying an additional 604,783 shares during the last quarter. Schwab Charles Investment Management Inc. boosted its stake in shares of Southwestern Energy by 1.3% during the 4th quarter. Schwab Charles Investment Management Inc. now owns 3,479,965 shares of the energy company’s stock valued at $19,419,000 after buying an additional 45,986 shares during the last quarter. Finally, Wedge Capital Management L L P NC boosted its stake in shares of Southwestern Energy by 11.1% during the 4th quarter. Wedge Capital Management L L P NC now owns 2,714,953 shares of the energy company’s stock valued at $15,149,000 after buying an additional 271,913 shares during the last quarter. Institutional investors own 80.66% of the company’s stock.

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Southwestern Energy Company Profile

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.

Analyst Recommendations for Southwestern Energy (NYSE:SWN)

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