Macquarie Group Ltd. now owns 9,900 shares of the energy company's stock worth $107,000 after buying an additional 2,000 shares during the period.
While there are a number of profitability ratios that measure a company's ability to generate profit from the sales or services it provides, one of the most important is the net profit margin.
Hedge funds have recently bought and sold shares of the company. Jefferies Group LLC reiterated a "hold" rating and set a $8.00 price target on shares of Southwestern Energy Company in a report on Tuesday, April 4th. Tobam now owns 2,923,977 shares of the energy company's stock worth $23,889,000 after buying an additional 548,439 shares during the period. Alambic Investment Management L.P.'s holdings in Southwestern Energy Company were worth $1,534,000 as of its most recent SEC filing. SG Americas Securities LLC boosted its position in shares of Southwestern Energy Company by 102.2% in the third quarter. The stock has been active on the tape, now trading at $5.96, down from yesterday's close by -1.97%. Strs Ohio raised its stake in shares of Southwestern Energy Company by 1.8% in the third quarter. Airain ltd purchased a new position in shares of Southwestern Energy Company during the third quarter valued at about $14,676,000. 9,093,821 shares of the stock traded hands.
The share price of the company (NYSE:SWN) was down -1.97%, with a high of 6.14 during the day and the volume of Southwestern Energy Company shares traded was 22650531.
The counter witnessed a trading volume of 1.91 million shares versus an average volume of 1.43 million shares during last trading session. The share price has moved backward from its 20 days moving average, trading at a distance of -11.85% and stays -19.02% away from its 50 days moving average. Expectations are typically that future earnings will be higher, and thus the stock price is expected to rise as well. That value represents a market adjusting for revenues that have been growing by 46.11 % on a quarterly year/year basis as of the company's last quarterly report.
Shares of Southwestern Energy Company (SWN) traded down 0.33% during midday trading on Thursday, hitting $6.04.
Nabors Industries (NYSE:NBR) has average revenue estimates of $592.41 Million, compared to low analyst estimates of $540 Million and high estimates of $628 Million for the current quarter. The firm had revenue of $846 million for the quarter, compared to analysts' expectations of $765.03 million. The company reported revenue of $594.18 Million in the same period a year ago. During the same quarter in the prior year, the firm earned ($0.08) EPS. The company beat the analyst EPS Estimate with the difference of $0.01. If you are viewing this piece of content on another domain, it was illegally copied and republished in violation of USA & global copyright laws. If you are viewing this piece on another website, it was copied illegally and reposted in violation of USA and global copyright and trademark laws. 458.63 million shares or 3.28% less from 474.16 million shares in 2016Q3 were reported. Scotiabank set a $10.00 price objective on Southwestern Energy Company and gave the stock a "hold" rating in a report on Monday, March 27th. Analysts reported that the Price Target for Southwestern Energy Company might touch $18 high while the Average Price Target and Low price Target is $10.76 and $6 respectively. Stifel Nicolaus started coverage on shares of Southwestern Energy Company in a research note on Thursday, March 23rd. They set a "buy" rating and a $10.00 price target on the stock. Two equities research analysts have rated the stock with a sell rating, seventeen have issued a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company. The stock of YY Inc (ADR) (NASDAQ:YY) has "Buy" rating given on Monday, November 28 by Bank of America.