Brokers Issue New Targets On Southwestern Energy Company (NYSE:SWN)
- Author: Zachary Reyes Feb 25, 2017,
Feb 25, 2017, 5:53
The Relative Volume value measured for Southwestern Energy Company (NYSE:SWN) is 0.81. The company had revenue of $2874.00 million for the quarter, compared to analysts expectations of $2805.65 million. During the same quarter in the previous year, the business earned ($0.02) earnings per share.
Southwestern Energy Company is an independent energy company engaged in natural gas and oil exploration, development and production.
To find out the technical position of SWN, it holds price to book ratio of 3.68 that unearth high-growth companies selling at low-growth prices, but it requires appropriate measurement approach.
Southwestern Energy Company (NYSE:SWN) has a market capitalization of 4.21 Billion. They noted that the move was a valuation call. The Closing price before the company posted its earnings was $12.65. They set a "neutral" rating and a $102.00 price objective for the company. Four research analysts have rated the stock with a sell rating, seventeen have given a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company.
Several investment firms issued their expert ratings on Southwestern Energy Company (NYSE:SWN) in which UBS Upgrades Southwestern Energy Company (NYSE:SWN) to Neutral with no specific Price Target on 1/19/17.
Shares of Southwestern Energy Company (NYSE:SWN) have been moving lower in early trading. The stock was sold at an average price of $12.22, for a total value of $458,250.00. For SWN, the company now has $31 Million of cash on the books, which is offset by $1 Million current liabilities. Given the stock's recent action, it seemed like a good time to take a closer look at the company's recent data. The disclosure for this sale can be found here.
A number of hedge funds have recently made changes to their positions in the company.
While looking at the Stock's Performance, Southwestern Energy Company now shows a Weekly Performance of -7.53%, where Monthly Performance is -12.11%, Quarterly performance is -25.38%, 6 Months performance is -40.53% and yearly performance percentage is 22.25%. BMO Capital Markets upgraded shares of Southwestern Energy Company from a "market perform" rating to an "outperform" rating and set a $18.00 price target on the stock in a research report on Monday, November 28th. Gateway Investment Advisers LLC raised its position in Southwestern Energy Company by 0.5% in the third quarter. The original version of this story can be read at https://www.thecerbatgem.com/2017/02/22/steven-e-kurmas-sells-10000-shares-of-dte-energy-company-dte-stock.html. First Midwest Bank Trust Division's holdings in DTE Energy Company were worth $2,210,000 as of its most recent SEC filing. The firm has floated short ratio of 0.17%, hold to candle to sentiment indicator of Short Ratio, its stand at 1.48.
11/10/2016 - Southwestern Energy Company was upgraded to "buy" by analysts at KLR Group.
DTE Energy is a Detroit-based diversified energy company involved in the development and management of energy-related businesses and services nationwide. Institutional investors own 66.85% of the company's stock. It has been recommended as "Buy Opinions" from 4 and 2 suggested "Sell Thoughts" for the stock.
Southwestern Energy Company (NYSE:SWN) will report its next earnings on 23-Feb-17. If you are viewing this story on another domain, it was illegally stolen and republished in violation of United States & global copyright law. The Company's utility operations consist primarily of DTE Electric Company (DTE Electric) and DTE Gas Company (DTE Gas). The Company operates through two segments: Exploration and Production (E&P) and Midstream Services.