Southwestern Energy Company (NYSE:SWN) does about 16.28M shares in volume on a normal day but saw 7979350 shares change hands in Friday trading. The company now has a market cap of 1.75B USD and an enterprise value of about $4.33B. Its current market price is $2.86, marking a decrease of -1.04% compared to the previous close of $2.89. The 52 week high reached by this stock is $3.90 whilst the lowest price level in 52 weeks is $1.06. The script in recent trading has seen the stock touch a high of $2.91 and a low of $2.82.
Southwestern Energy Company (SWN) has a 20-day trading average at $2.91 and the current price is -26.67% off the 52-week high compared with 169.81% distance from its 52-week low. The 50-day simple moving average of the closing price is $2.72 and its 200-day simple moving average is $2.36. If we look at the stock’s price movements over the week, volatility stands at 5.36%, which increases to 7.30% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 52.03 to suggest the stock is neutral.
20 analysts observing the Southwestern Energy Company (SWN) stock have set the 12-month price targets for the company’s shares at between $2.00 and $4.00. The consensus objective for the share price is $3.38, suggesting that the stock has a potential upside of 15.38% over the period. The median price target is 13.07% away from the current levels at $3.29.
FactSet Research has provided data showing that 20 brokerages have issued ratings for the stock. 3 analysts have rated it as a sell, while 0 advise that it is a overweight. 1 analysts have rated it as a buy and 15 have advised that investors hold their positions. The consensus recommendation rating is Hold and Wall Street’s advice is for investors to Hold the stock.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on August 13, 2020 when Wells Fargo upgraded the stock to “Equal Weight” and issued a price target of $4.50. MKM Partners also upgraded the stock to “Buy” from Neutral on July 09, 2020 at a price target of $4. SunTrust initiated its price target at $2.
The current price level is -1.04%, 5.03%, and 21.47% away from its SMA20, SMA50, and SMA200 respectively, with the SWN price moving below the 50-day SMA on August 28. Southwestern Energy Company (SWN) stock is up 5.93% over the week and 14.86% over the past month. Its price is 18.18% year-to-date and 64.37% over the past year.
The stock last released its quarterly earnings report for quarter ended 6/29/2020, with the company’s earnings per share (EPS) of $0 above consensus estimates by $0.03. The company’s next earnings report is expected on 10/21/2020, with forecasts estimating quarterly EPS at $0.04 and $0.22 for whole year. SWN’s earnings per share are forecast to shrink by -63.90% this year and 159.10% over next year. Expected sales for next quarter are $689.61 million, which analysts say will come at $2.37 billion for the current fiscal year and next year at $3.2 billion. In addition, estimates put the company’s current quarterly revenue at an average of $595.92 million.
Its 12-month price target is $3.29. To reach the target analysts have set, the stock logically needs to grow 15.38 percent from here. Of course, the average price target is just what the average analysts believe a stock will be worth in the next 52 weeks, and is only one metric. There are analysts with lower targets than the average, including one bearish Wall Street research firm advocating investors to wait for the price to pull back to $2.00, given the recent momentum. And then, on the bullish side of things, one analyst is expecting the stock to peak at $4.00.
Outstanding shares total 541.08M with insiders holding 0.60% of the shares and institutional holders owning 118.29% of the company’s common stock. The company has a return on investment of 12.60% and return on equity of -101.90%. The forward price to earnings ratio is 5.04. The beta has a value of 1.55. Price to book ratio is 1.88 and price to sales ratio is 0.73.
According to a U.S. Securities and Exchange Commission filing, Fidelity Series Intrinsic Opportu has reduced its position in Southwestern Energy Company (SWN) to 50,260,100 shares, mirroring a recent drop by 0.00%. Fidelity Series Intrinsic Opportu dumped 0.0 shares of Southwestern Energy Company common stock bringing its total worth to about $122.13 million at the end of recent close, SEC documents show. Fidelity Series Intrinsic Opportu isn’t the only investment manager who changed stakes and is followed by iShares Core S&P Small Cap ETF, which added 0.21 million shares to end up with 33,810,917 shares worth $82.16 million. Fidelity Low Priced Stock Fund cut their holdings by -2.90% in the company over the course of the most recent quarter. It now holds a 3.67% position in Southwestern Energy Company thanks to 19.86 million shares amounting to $48.25 million.