Southwestern Energy Company (SWN) Price Target: Is It Set To Rise Or Fall In Price?

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Southwestern Energy Company (NYSE:SWN) finished Thursday with an addition of $0.1 to close at $5.87, an upside of 1.73 percent. An average of 17,548,500 shares of common stock have been traded in the last five days. There was a fall of -$0.30 in the past week, and it reached a new high 20 times over the past 12 months. The last 20 days have seen an average of 22,085,539 shares traded, while the 50-day average volume stands at 25,286,652.

SWN stock has decreased by -14.93% in the last month. The company shares reached their 1-month lowest point of $5.66 on 12/29/22. With the stock rallying to its 52-week high on 06/08/22, shares of the company touched a low of $3.81 and a high of $9.87 in 52 weeks. It has reached a new high 23 times so far this year and achieved 25.97% or $1.21 in price. In spite of this, the price is down -40.53% from the 52-week high.

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Valuation Metrics

Southwestern Energy Company (SWN) has a trailing price-to-earnings (P/E) ratio of 4.28. The stock’s beta is 1.27. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 0.43, the price-to-book (PB) ratio at 4.62, and the price-to-cash flow ratio at 7.61.

Financial Health

The quick ratio of Southwestern Energy Company for the three months ended September 29 was 0.40, and the current ratio was 0.40, indicating that the company is not able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 3.43 and a total debt to equity ratio of 3.44 for the quarter ending September 29. Its gross profit as reported stood at $2.63 billion compared to revenue of $6.67 billion.

Earnings Surprise

For the three-month period that ended September 29, Southwestern Energy Company had $4.86 billion in total debt. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of $450.0 million in the quarter, while revenues of $1.17 billion were grew 512.67%. The analyst consensus anticipated Southwestern Energy Company’s latest quarter earnings to come in at $0.31 per share, but it turned out to be $0.32, a 3.20% surprise. For the quarter, EBITDA amounted to $2.71 billion. Shareholders own equity worth $1.1 billion.

Technical Picture

From a technical analysis perspective, let’s take a brief look at Southwestern Energy Company (SWN) price momentum. RSI 9-day as of the close on 29 December was 40.35%, suggesting the stock is Neutral, with historical volatility in this time frame at 50.34%.

As of today, SWN’s price is $5.95 -4.86% or -$0.30 from its 5-day moving average. SWN is currently trading -15.17% lower than its 20-day SMA and -10.24% lower than its 100-day SMA. However, the stock’s current price level is -12.91% below the SMA50 and +13.10% above the SMA200.

The stochastic %K and %D were 34.86% and 46.33%, respectively, and the average true range (ATR) was 0.29. With the 14-day stochastic at 27.45% and the average true range at 0.31, the RSI (14) stands at 41.30%. The stock has reached -0.09 on the 9-day MACD Oscillator while the 14-day reading was at -0.14.

Analyst Ratings

Citigroup downgraded Southwestern Energy Company (NYSE: SWN) to a a Neutral rating in its most recent analyst report. Previously, the stock was rated as a Buy. The consensus rating for Southwestern Energy Company (SWN) among analysts is Overweight. According to current brokerage recommendations, 2 brokerage firms advise that investors sell SWN, while 7 suggest investors hold. There are 1 analyst who rate the stock as underweight. The stock is rated overweight by 2 analysts, while 10 others rate it as a “buy”.

What is SWN’s price target for the next 12 months?

Analysts predict a range of price targets between $6.00 and $17.50, with a median target of $9.50. Taking a look at these predictions, the average price target given by analysts for Southwestern Energy Company (SWN) stock is $10.50.

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