Q4 2017 EPS Estimates for Southwestern Energy Lifted by KeyCorp (SWN)

Southwestern Energy (NYSE:SWN) – KeyCorp increased their Q4 2017 earnings estimates for shares of Southwestern Energy in a note issued to investors on Monday. KeyCorp analyst D. Deckelbaum now anticipates that the energy company will post earnings per share of $0.11 for the quarter, up from their previous estimate of $0.07. KeyCorp has a “Hold” rating on the stock. KeyCorp also issued estimates for Southwestern Energy’s Q1 2019 earnings at $0.33 EPS, Q4 2019 earnings at $0.24 EPS and FY2019 earnings at $1.11 EPS.

Southwestern Energy (NYSE:SWN) last posted its quarterly earnings results on Thursday, October 26th. The energy company reported $0.06 EPS for the quarter, missing the Zacks’ consensus estimate of $0.07 by ($0.01). The company had revenue of $737.00 million during the quarter, compared to analyst estimates of $773.99 million. Southwestern Energy had a net margin of 16.31% and a return on equity of 23.99%. The firm’s revenue for the quarter was up 13.2% compared to the same quarter last year. During the same period last year, the firm earned $0.03 EPS.

A number of other research firms also recently commented on SWN. Morgan Stanley boosted their price target on Southwestern Energy from $5.00 to $6.00 and gave the company an “underweight” rating in a research note on Wednesday, October 18th. Mizuho downgraded Southwestern Energy from a “neutral” rating to an “underperform” rating in a research note on Tuesday, January 16th. Barclays dropped their price target on Southwestern Energy from $6.00 to $5.00 and set an “equal weight” rating for the company in a research note on Wednesday, October 11th. Piper Jaffray Companies reissued a “hold” rating and set a $7.00 target price on shares of Southwestern Energy in a research note on Tuesday, January 9th. Finally, Royal Bank of Canada set a $7.00 target price on Southwestern Energy and gave the stock a “hold” rating in a research note on Wednesday, December 20th. Four investment analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and seven have given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $8.78.

Southwestern Energy (NYSE SWN) opened at $5.31 on Tuesday. The company has a market capitalization of $3,019.37, a PE ratio of 8.43 and a beta of 1.23. Southwestern Energy has a 52 week low of $4.90 and a 52 week high of $9.93. The company has a debt-to-equity ratio of 2.66, a current ratio of 1.88 and a quick ratio of 1.88.

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Zacks Investment Management acquired a new position in shares of Southwestern Energy in the second quarter valued at approximately $105,000. Cetera Investment Advisers acquired a new position in shares of Southwestern Energy in the second quarter valued at approximately $108,000. MML Investors Services LLC increased its stake in shares of Southwestern Energy by 5.3% in the second quarter. MML Investors Services LLC now owns 17,941 shares of the energy company’s stock valued at $109,000 after buying an additional 900 shares during the period. Sciencast Management LP acquired a new position in shares of Southwestern Energy in the second quarter valued at approximately $126,000. Finally, Mariner Wealth Advisors LLC increased its stake in shares of Southwestern Energy by 2.6% in the second quarter. Mariner Wealth Advisors LLC now owns 21,009 shares of the energy company’s stock valued at $128,000 after buying an additional 541 shares during the period. 77.10% of the stock is 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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