Southwestern Energy Company (NYSE:SWN) shares, rose in value on Thursday, Jan 14, with the stock price up by 1.73% to the previous day’s close as strong demand from buyers drove the stock to $3.82.
Actively observing the price movement in the recent trading, the stock is buoying the session at $3.75, falling within a range of $3.7600 and $3.8700. The value of beta (5-year monthly) is 1.73 whereas the PE ratio is 0 over 12-month period. Referring to stock’s 52-week performance, its high was $3.9, and the low was $1.06. On the whole, SWN has fluctuated by 15.03% over the past month.
With the market capitalization of Southwestern Energy Company currently standing at about $2.56 Billion, investors are eagerly awaiting this quarter’s results, scheduled for Feb 25, 2021- Mar 01, 2021. The company’s Forward Dividend Ratio is 0, with its dividend yield at 0%. As a result, investors may see a weakening in the stock’s price before the company announces its earnings report. Analysts are projecting the company’s earnings per share (EPS) to be $0.13, which is expected to decline to $0.61 for fiscal year 2021 and then to about $0.76 by fiscal year 2022. Data indicates that the EPS growth is expected to be -0.49% in 2021, while the next year’s EPS growth is forecast to be 1.45%.
Analysts have estimated the company’s revenue for the quarter at $708.17 Million, with a low estimate of $427.53 Million and a high estimate of $814Million. According to the average forecast, sales growth in current quarter could fell down -4.9%, compared to the corresponding quarter of last year. Wall Street analysts also predicted that in 2021, the company’s y-o-y revenues would reach $2.36 Billion, representing a decline of -22.4% from the revenues reported in the last year’s results.
Revisions could be a useful indicator to get insight on short-term price movement; so for the company, there were 1 upward and no downward review(s) in last seven days. We see that SWN’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium term indicators have put the stock in the category of 100% Buy while long term indicators on average have been pointing out that it is a 100% Buy.
23 analyst(s) have assigned their ratings of the stock’s forecast evaluation on a scale of 1.00-5.00 to indicate a strong buy to a strong sell recommendation. The stock is rated as a Hold by 18 analyst(s), 3 recommend it as a Buy and no body called the SWN stock Outperform. In the meantime, 1 analyst(s) believe the stock as Underperform and 1 think it is a Sell. Thus, investors eager to increase their holdings of the company’s stock will have an opportunity to do so as the average rating for the stock is Hold.
The stock’s technical analysis shows that the PEG ratio is about 0, with the price of SWN currently trading nearly 17.51% and 24.07% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 66.19, while the 7-day volatility ratio is showing 6.59% which for the 30-day chart, stands at 6.82%. Furthermore, Southwestern Energy Company (SWN)’s beta value is 1.73, and its average true range (ATR) is 0.23. The company’s stock has been forecasted to trade at an average price of $3.8 over the course of the next 52 weeks, with a low of $2.4 and a high of $5. Based on these price targets, the low is -37.17 off current price, whereas the price has to move +30.89% to reach the yearly target high. Additionally, analysts’ median price of $4 is likely to be welcomed by investors because it represents an increase of +4.71% from the current levels.
A comparison of Southwestern Energy Company (SWN) with its peers suggests the former has fared considerably weaker in the market. SWN showed an intraday change of +1.73% in today’s session so far, and over the past year, it grew by +82.93%. In comparison, Eog Resources (EOG) has moved higher at +1.9% today and is down -29.95% over the past 12 months. On the other hand, the price of Pioneer Natural Resources Company (PXD) has risen 0.86% today. The stock, however, is off -10.8% from where it was a year ago. Additionally, there is a gain of 173% for Cheniere Energy (LNG) in recent trading while the stock has seen an overall apprecation of 82.93% over the past year. The PE ratio stands at 0 for Southwestern Energy Company, compared to 0 for Eog Resources, and 125.29 for Pioneer Natural Resources Company. Other than that, the overall performance of the S&P 500 during the today’s session so far shows that it gained 0.21%. Meanwhile, the Dow Jones Industrial improved by 0.37%.
Data on historical trading for Southwestern Energy Company (NYSE:SWN) indicates that the trading volumes over the past 10 days have averaged 23.93 Million and over the past 3 months, they’ve averaged 17.94 Million. According to company’s latest data on outstanding shares, there are 674.42 Million shares outstanding.
Nearly 0.59% of Southwestern Energy Company’s shares belong to company insiders and institutional investors own 93.7% of the company’s shares, according to Thomson Reuters’ data. The data on short interest also indicates that stock shorts accounted for 54.2 Million shares as on December 30, 2020, resulting in a short ratio of 2.78. According to the data, the short interest in Southwestern Energy Company (SWN) stood at 8.04% of shares outstanding as of December 30, 2020; the number of short shares registered in November reached 51.03 Million. The stock has risen by +25.84% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the SWN stock heading into the next quarter.
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