Zacks Investment Research lowered Southwestern Energy Company from a buy rating to a hold rating in a report on Wednesday, February 8th.
The company reported its EPS on 02/23/2017. The company has a consensus rating of "Hold" and a consensus price target of $14.74. RBC Capital Markets restated a "hold" rating and set a $15.00 price objective on shares of Southwestern Energy Company in a report on Wednesday, January 4th. This is based on a 1-5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
Southwestern Energy Company (NYSE:SWN) plummeted -11.98 percent and ended the day at $7.35. AQR Capital Management LLC now owns 7,522,274 shares of the energy company's stock worth $81,391,000 after buying an additional 6,608,480 shares during the last quarter.
Southwestern Energy Company (NYSE:SWN) topped its 52-week high price of $15.59 on Sep 8, 2016 and 52-Week Low Price of $5.41 on Mar 1, 2016.
For the ongoing Fiscal Quarter, 33 analysts have an average earnings forecast of $0.22 per share. Also, there are 0 buy, 3 sell and 0 strong sell ratings, collectively assigning a 2.77 average brokerage recommendation. Total debt to equity ratio of the company for most recent quarter is 4.14 whereas long term debt to equity ratio for most recent quarter is 4.14. The company earned $684 million during the quarter, compared to analyst estimates of $645.55 million. According to the Analysts, the Low Earnings estimate for the current quarter is $0.08, while the High earnings estimate is $0.43.Comparatively, EPS for the same quarter previous year was $0.16.
Southwestern Energy Company on 02/23/2017 reported its EPS as $0.08 with the analysts projecting the EPS of the stock as $0.12. Capital One Financial Corp. analyst B. Velie expects that the brokerage will post earnings per share of $1.71 for the year. If you are accessing this story on another publication, it was illegally copied and republished in violation of worldwide trademark & copyright law. Also, insider Robert Craig Owen sold 37,500 shares of the company's stock in a transaction on Tuesday, December 6th. The shares were sold at an average price of $12.22, for a total transaction of $458,250.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Southwestern Energy Company (NYSE:SWN)'s distance from 20 day simple moving average is -18.36% whereas its distance from 50 day simple moving average is -25% along with -39.51% distance from 200 day simple moving average. Institutional investors own 98.21% of the company's stock. The disclosure for this sale can be found here. In the past twelve weeks, the net percent change held by company insiders has changed by -7.83%. Finally, Shell Asset Management Co. increased its stake in shares of Southwestern Energy Company by 119.3% in the third quarter. Southwestern Energy Company (NYSE:SWN) has underperformed the index by 24.37% in the last 4 weeks.
Southwestern Energy Company is an independent energy company engaged in natural gas and oil exploration, development and production. Analysts giving shares a rating of 1 or 2 would be indicating a Buy. FMR LLC now owns 16,362,963 shares of the energy company's stock worth $177,048,000 after buying an additional 10,268,320 shares during the last quarter.
The company's ATR (Average True Range) is 0.73. Capital World Investors now owns 13,628,705 shares of the energy company's stock worth $188,621,000 after buying an additional 106,436 shares during the last quarter. Skandinaviska Enskilda Banken AB publ increased its stake in shares of Southwestern Energy Company by 12.0% in the third quarter. Finally, Candriam Luxembourg S.C.A. raised its stake in Southwestern Energy Company by 1.3% in the third quarter.
Several insiders were part of recent insider activity for the stock. In 2016, Southwestern Energy's production mix contained ~90% natural gas (UNG).