Data-Based Insights About Southwestern Energy Company (SWN)

Southwestern Energy Company (NYSE:SWN) price on Wednesday, August 17, rose 0.94% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $7.48.

A look at the stock’s price movement, the level at last check in today’s session was $7.41, moving within a range at $7.24 and $7.69. The beta value (5-Year monthly) was 1.24. Turning to its 52-week performance, $9.87 and $3.81 were the 52-week high and 52-week low respectively. Overall, SWN moved 15.60% over the past month.

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Southwestern Energy Company’s market cap currently stands at around $8.24 billion, with investors looking forward to this quarter’s earnings report slated for Nov 01, 2022 – Nov 07, 2022.

Analysts have a consensus estimate of $1.81 billion for the company’s revenue for the quarter, with a low and high estimate of $1.3 billion and $2.48 billion respectively. The average forecast suggests up to a 13.00% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue for 2022 to grow to $7.22 billion, representing a 8.30% jump on that reported in the last financial year.

Revisions could be used as tool to get short term price movement insight, and for the company that in the past seven days was 3 upward and no downward review(s). Turning to the stock’s technical picture we see that short term indicators suggest on average that SWN is a 50% Buy. On the other hand, the stock is on average a 50% Buy as suggested by medium term indicators while long term indicators are putting the stock in 100% Buy category.

19 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 8 analyst(s) rate the stock as a Hold, 8 recommend SWN as a Buy and 1 give it an Overweight rating. Meanwhile, 1 analyst(s) rate the stock as Underweight and 1 say it is a Sell. As such, the average rating for the stock is Overweight which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.

SWN’s current price about 6.76% and 7.06% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 58.28, while 7-day volatility ratio is 5.76% and 5.76% in the 30-day chart. Further, Southwestern Energy Company (SWN) has a beta value of 1.23, and an average true range (ATR) of 0.42. Analysts have given the company’s stock an average 52-week price target of $10.32, forecast between a low of $7.00 and high of $15.00. Looking at the price targets, the low is 6.42% off recent price level in today’s trading while to achieve the yearly target high, it has to move -100.53%. Nonetheless, investors will most likely welcome a -33.69% jump to $10.00 which is the analysts’ median price.

In the market, a comparison of Southwestern Energy Company (SWN) and its peers suggest the former has performed considerably stronger. Data shows SWN’s intraday price has changed 0.94% today and 75.18% over the past year. Comparatively, Hess Corporation (HES) has moved 2.66% so far today and only 69.80% in the past 12 months. Looking at another peer, we see that Marathon Oil Corporation (MRO) price has gained 2.61% on the day. However, the stock is 103.74% off its price today a year ago. Elsewhere, the overall performance for the S&P 500 and Dow Jones Industrial shows that the indexes are down -0.19% and -0.33% respectively on the day as seen in early trades.

If we refocus on Southwestern Energy Company (NYSE:SWN), historical trading data shows that trading volumes averaged 29.29 million over the past 10 days and 42.41 million over the past 3 months. The company’s latest data on shares outstanding shows there are 1.12 billion shares.

The 0.50% of Southwestern Energy Company’s shares are in the hands of company insiders while institutional holders own 90.20% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 47.84 million on Jul 28, 2022, giving us a short ratio of 1.04. The data shows that as of Jul 28, 2022 short interest in Southwestern Energy Company (SWN) stood at 4.29% of shares outstanding, with shares short falling to 59.63 million registered in Jun 29, 2022. Current price change has pushed the stock 59.01% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the SWN stock continues to rise going into the next quarter.

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