Stock under Consideration: Southwestern Energy Company (NYSE:SWN)
- Author: Zachary Reyes Mar 01, 2017,
Mar 01, 2017, 5:20
Southwestern Energy Company (NYSE:SWN) will report its next earnings on April 19 - Apr 24 (Est.).
Several other large investors have also modified their holdings of SWN. With this investment, Southwestern is targeting total net gas and liquids production of 890 to 910 Bcfe in 2017, a boost over the company's 2016 production of 875 Bcfe and a boost of about 20% when comparing 2017 exit production rates to 2016 exit production rates.
Insider Trades for Southwestern Energy Company show that the latest trade was made on 20 Feb 2017 where Curry (Randall Leyton), the Officer completed a transaction type "Buy" in which 23120 shares were traded at a price of $0. Morgan Stanley boosted its stake in Southwestern Energy Company by 1,461.5% in the third quarter. According to their observations and findings, the stock could provide a high EPS of $0.39/share and a Low EPS of $0.03/share. Finally, Point72 Asset Management L.P. purchased a new stake in Southwestern Energy Company during the second quarter worth approximately $59,398,000. The stock Fell -47.2 percent over the past six months. Capital Research Global Investors increased its stake in Southwestern Energy Company by 25.7% in the second quarter. Following the sale, the senior vice president now directly owns 21,399 shares in the company, valued at $269,841.39.
Having a price of $7.61, Southwestern Energy Company (NYSE:SWN) traded 3.54% higher on the day.
Barclays analysts provided their view on Southwestern Energy Company (NYSE:SWN) recently. The stock has a 50 day moving average price of $9.17 and a 200-day moving average price of $11.51.
Southwestern Energy Company is an independent energy company engaged in natural gas and oil exploration, development and production.
According to the Recommendation Trends of the stock polled by Zacks Investment Research for this month, the company has a consensus recommendation of 2.77 out of the scale from 1 to 5 where 1 stands for Strong Buy and 5 means Strong Sell. The company had revenue of $651 million for the quarter.
Many analysts have provided their estimated foresights on Southwestern Energy Company Earnings, with 33 analysts believing the company would generate an Average Estimate of $0.22. The firm's quarterly revenue was down.4% on a year-over-year basis. During the same quarter in the prior year, the business earned ($0.02) earnings per share.
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SWN has been the topic of a number of analyst reports.
Southwestern Energy Company (NYSE:SWN) has been given a consensus rating of "Hold" by the thirty-three brokerages that are presently covering the company. This company shares are 75.56% off its target price of $13.36 and the current market capitalization stands at $4.28B. Analysts pegging the company with a rating of 3 would be indicating a Hold recommendation. BofA/Merrill analysts disclosed their opinion on Southwestern Energy Company (NYSE:SWN) recently. They noted that the move was a valuation call. Tudor Pickering also Downgrade the company to Hold on 2-Dec-16, 2016. Three research analysts have rated the stock with a sell rating, nineteen have given a hold rating, five have given a buy rating and one has assigned a strong buy rating to the stock.
The 34 analysts offering 12-month price forecasts for Southwestern Energy Co have a median target of 13.00, with a high estimate of 19.00 and a low estimate of 8.00. The consensus rating is 3.2, suggesting the market has given up on the stock. The shares were sold at an average price of $12.61, for a total transaction of $45,534.71. The Senior Vice President & CFO disposed these shares by way of transaction on December 06, 2016.