Southwestern Energy Company (NYSE:SWN) has a beta value of 1.5 and has seen 5,357,151 shares traded in the recent trading session. The company, currently valued at $1.48 Billion, closed the recent trade at $2.41 per share which meant it lost -$0.03 on the day or -1.23% during that session. The SWN stock price is -61.83% off its 52-week high price of $3.9 and 56.02% above the 52-week low of $1.06. If we look at the company’s 10-day average daily trading volume, we find that it stood at 13.34 Million shares traded. The 3-month trading volume is 15.75 Million shares.
The consensus among analysts is that Southwestern Energy Company (SWN) is a Hold stock at the moment, with a recommendation rating of 3.1. 2 analysts rate the stock as a Sell, while none rate it as Overweight. 17 out of 21 have rated it as a Hold, with 1 advising it as a Buy. 1 have rated the stock as Underweight. The expected earnings per share for the stock is $0.04.
Southwestern Energy Company (NYSE:SWN) trade information
Despite being -1.23% in the red today, the stock has traded in the green over the last five days, with the highest price hit on Thursday, Sep 10 when the SWN stock price touched $2.59-6 or saw a rise of 6.67%. Year-to-date, Southwestern Energy Company shares have moved -0.21%, while the 5-day performance has seen it change -1.83%. Over the past 30 days, the shares of Southwestern Energy Company (NYSE:SWN) have changed -22.35%. Short interest in the company has seen 72.22 Million shares shorted with days to cover at 4.59.
Wall Street analysts have a consensus price target for the stock at $3.3, which means that the shares’ value could jump 36.93% from current levels. The projected low price target is $2 while the price target rests at a high of $4.5. In that case, then, we find that the current price level is +86.72% off the targeted high while a plunge would see the stock lose -17.01% from current levels.
Southwestern Energy Company (SWN) estimates and forecasts
Figures show that Southwestern Energy Company shares have underperformed across the wider relevant industry. The company’s shares have gained +24.49% over the past 6 months, with this year growth rate of -60.66%, compared to -44.1% for the industry. Other than that, the company has, however, lowered its growth outlook for the 2020 fiscal year revenue. Growth estimates for the current quarter are -50% and -50% for the next quarter. Revenue growth from the last financial year stood is estimated to be -22%.
8 analysts offering their estimates for the company have set an average revenue estimate of $595.92 Million for the current quarter. 8 have an estimated revenue figure of $689.61 Million for the next quarter concluding in December 01, 2020. Year-ago sales stood $636Million and $745Million respectively for this quarter and the next, and analysts expect sales will grow by -6.3% for the current quarter and -7.4% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -8.9% over the past 5 years. Earnings growth for 2020 is a modest +77.7%.
Southwestern Energy Company (NYSE:SWN)’s Major holders
Insiders own 0.6% of the company shares, while shares held by institutions stand at 118.29% with a share float percentage of 119.01%. Investors are also buoyed by the number of investors in a company, with Southwestern Energy Company having a total of 370 institutions that hold shares in the company. The top two institutional holders are Blackrock Inc. with over 84.06 Million shares worth more than $215.2 Million. As of June 29, 2020, Blackrock Inc. held 13.88% of shares outstanding.
The other major institutional holder is FMR, LLC, with the holding of over 81.25 Million shares as of June 29, 2020. The firm’s total holdings are worth over $208Million and represent 13.42% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Fidelity Series Intrinsic Opportunities Fund and iShares Core S&P Smallcap ETF. As of April 29, 2020, the former fund manager holds about 8.3% shares in the company for having 50260100 shares of worth $162.34 Million while later fund manager owns 33.61 Million shares of worth $86.03 Million as of June 29, 2020, which makes it owner of about 5.55% of company’s outstanding stock.