Alert: Negative Investment/Fundamental Signals (6/21/24)-Southwestern Energy Co (NYSE: SWN)

out_logo_500#02149.jpg

Extremely significant negative changes in Southwestern Energy Co (NYSE: SWN) investment behavior have recently occurred: the stock’s recent price decline challenged its longer term uptrend, and the stock fell on very heavy volume.

Recent significant negative changes in fundamentals have affected Southwestern Energy Co (NYSE: SWN): the stock’s power rating fell below 50, and significant quarterly sales deceleration occurred.

In light of these highly negative signals we are reviewing our current Overall Rating of B. We would view the shares with caution pending completion of this review in the next several days.

out_mm#02149.jpg

Current PriceTarget Research Rating

SWN’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.

Southwestern Energy has a current Value Trend Rating of B (Positive). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Southwestern Energy has a good Appreciation Score of 79 but a neutral Power Rating of 49, producing the Positive Value Trend Rating.

Recent Price Action

On 6/21/24, Southwestern Energy Co (NYSE: SWN) stock declined modestly by -1.5%, closing at $6.67. Moreover, exceptionally high trading volume at 274% of normal accompanied the decline. The stock has performed in line with the market over the last nine months and has declined -6.5% during the last week.

Be the first to comment

Leave a Reply

Your email address will not be published.


*