Southwestern Energy Company Com (NYSE:SWN):
Southwestern Energy Announces 2016 Third Quarter Operational Update And Financial Results.
The company is now down since yesterday’s close of $10.88.
Company chares are trading at $10.41 which is marginally under $13.21, the 50 day moving average and barely below the 200 day moving average of $13.17. The 50 day moving average was down $-2.80 whereas the 200 day moving average was down $-2.76 or -20.96%.
In the last earnings report the EPS was $-11.38 and is estimated to be $-0.01 for the current year with 488,777,000 shares now outstanding. Analysts expect next quarter’s EPS to be $0.22 with next year’s EPS anticipated to be $0.76.
Wall Street investment firms have weighed in on Southwestern Energy Company Com recently. On October 18, 2016 the stock rating was set at “Accumulate” according to a KLR Group report which is up from the previous “Hold” rating. On October 6 analysts at Mizuho Securities starting coverage on the stock with an initial rating of “Buy” and price target of $20.00.
GMP Securities added the stock to its research portfolio with a rating of “Hold” and setting a price target of $11.00. On July 25 Barclays kept the company rating at “Underweight” but moved up the price target to $14.00 from $7.00.
On July 5 the company was rated “Market Perform” by Raymond James a cut from the previous “Underperform” rating. June 14 investment analysts at Barclays left the company rating at “Underweight” and raised the price target from $4.00 to $7.00.