Southwestern Energy (NYSE:SWN) – Stock analysts at KeyCorp reduced their FY2018 earnings estimates for Southwestern Energy in a research report issued on Friday. KeyCorp analyst D. Deckelbaum now forecasts that the energy company will post earnings per share of $0.85 for the year, down from their previous forecast of $0.86. KeyCorp has a “Hold” rating on the stock.

SWN has been the subject of a number of other research reports. Cowen set a $5.00 target price on shares of Southwestern Energy and gave the company a “buy” rating in a research report on Thursday, February 8th. Barclays increased their target price on shares of Southwestern Energy from $5.00 to $6.00 and gave the company an “equal weight” rating in a research report on Monday, October 30th. BMO Capital Markets set a $9.00 target price on shares of Southwestern Energy and gave the company a “buy” rating in a research report on Tuesday, November 14th. Credit Suisse Group cut their price target on shares of Southwestern Energy from $6.00 to $5.00 and set a “neutral” rating on the stock in a research note on Friday, February 9th. Finally, Mizuho lowered shares of Southwestern Energy from a “buy” rating to a “neutral” rating in a research note on Tuesday, November 21st. Eight equities research analysts have rated the stock with a sell rating, fifteen have given a hold rating and six have assigned a buy rating to the company’s stock. Southwestern Energy currently has a consensus rating of “Hold” and an average price target of $7.94.

Southwestern Energy (NYSE:SWN) traded up $0.09 during trading hours on Monday, reaching $3.64. 9,466,551 shares of the company were exchanged, compared to its average volume of 30,195,678. Southwestern Energy has a 12 month low of $3.42 and a 12 month high of $9.14. The company has a debt-to-equity ratio of 2.66, a current ratio of 1.88 and a quick ratio of 1.88. The stock has a market capitalization of $1,880.00, a PE ratio of 5.90 and a beta of 0.96.

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Fred Alger Management Inc. purchased a new stake in Southwestern Energy during the fourth quarter worth $463,000. MYDA Advisors LLC purchased a new stake in Southwestern Energy during the fourth quarter worth $424,000. Pitcairn Co. purchased a new stake in Southwestern Energy during the fourth quarter worth $352,000. Amundi Pioneer Asset Management Inc. purchased a new stake in Southwestern Energy during the fourth quarter worth $138,000. Finally, AXA lifted its holdings in Southwestern Energy by 74.8% during the fourth quarter. AXA now owns 780,000 shares of the energy company’s stock valued at $4,352,000 after purchasing an additional 333,900 shares in the last quarter. 76.51% of the stock is currently owned by hedge funds and other institutional investors.

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About Southwestern Energy

Southwestern Energy Company is an energy company engaged in natural gas and oil exploration, development and production. The Company operates through two segments: Exploration and Production (E&P) and Midstream Services. Its operations in northeast Pennsylvania are primarily focused on the unconventional natural gas reservoir known as the Marcellus Shale.

Earnings History and Estimates for Southwestern Energy (NYSE:SWN)

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