Southwestern Energy Company (NYSE:SWN) shares, rose in value, with the stock price down by -0.13% to the previous day’s close as strong demand from buyers drove the stock to $7.51.
Actively observing the price movement in the last trading, the stock closed the session at $7.52. The value of beta (5-year monthly) was 1.12 whereas the PE ratio was 5.32 over 12-month period. Referring to stock’s 52-week performance, its high was $7.69, and the low was $4.57. On the whole, SWN has fluctuated by 8.21% over the past month.
With the market capitalization of Southwestern Energy Company currently standing at about $8.27 billion, investors are eagerly awaiting this quarter’s results, scheduled for Apr 25, 2024 – Apr 29, 2024. As a result, investors might want to see an improvement in the stock’s price before the company announces its earnings report. Analysts are projecting the company’s earnings per share (EPS) to be $0.15, which is expected to increase to $0.22 for fiscal year $0.6 and then to about $1.32 by fiscal year 2025. Data indicates that the EPS growth is expected to be -10.40% in 2025, while the next year’s EPS growth is forecast to be 120.00%.
Analysts have estimated the company’s revenue for the quarter at $1.19 billion, with a low estimate of $967.3 million and a high estimate of $1.84 billion. According to the average forecast, sales growth in current quarter could jump down -27.00%, compared to the corresponding quarter of last year. Wall Street analysts also predicted that in 2025, the company’s y-o-y revenues would reach $5.16 billion, representing a decrease of -20.90% 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 no 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.
The stock’s technical analysis shows that the PEG ratio is about 0.25, with the price of SWN currently trading nearly 3.30% and 8.82% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 64.94, while the 7-day volatility ratio is showing 1.91% which for the 30-day chart, stands at 1.99%. Furthermore, Southwestern Energy Company (SWN)’s beta value is 1.16, and its average true range (ATR) is 0.15.
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 -0.13% in last session, and over the past year, it grew by 47.25%%.
Data on historical trading for Southwestern Energy Company (NYSE:SWN) indicates that the trading volumes over the past 10 days have averaged 13.45 million and over the past 3 months, they’ve averaged 18.30 million. According to company’s latest data on outstanding shares, there are 1.10 billion shares outstanding.
Nearly 5.92% of Southwestern Energy Company’s shares belong to company insiders and institutional investors own 82.11% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 41.35 million shares as on Mar 15, 2024, resulting in a short ratio of 2.67. According to the data, the short interest in Southwestern Energy Company (SWN) stood at 3.75% of shares outstanding as of Mar 15, 2024; the number of short shares registered in Feb 15, 2024 reached 30.39 million. The stock has risen by 14.66% 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.
