Analyst Ratings for NiSource Inc. (NI)

Updated: 2017-07-26

An average rating of Hold has been given to NiSource Inc. (NYSE:NI) by analysts covering the stock. NI had previously received a consensus rating of Hold a month ago.

A buy rating was issued by 5 analysts, 0 issued an overweight rating, 12 issued a hold rating, 0 gave an underweight rating, and 1 issued a sell rating. Today, there are 0 more analysts optimistic about the company future as compared with 90 days ago. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.

A number of analysts gave price targets for NI. The most optimistic analyst gave a price target of 28, implying potential capital gains of 6.06 percent. The minimum price target given was 23, which equates to a potential downside of -12.88 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 5.56 percent. The average change in earnings estimates over the last 90 days is -9.09 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 0.85 percent.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 1 analysts increased their quarterly estimates, while 0 analysts made negative revisions. Also over the last month, 1 analysts increased their estimates for the FY earnings, compared to 0 analysts that revised their FY estimates downwards.

NI has an estimated earnings growth rate of 9.8 percent as forecasted by analysts. People on Wall Street often look at a company's PEG ratio. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. People often look for the PEG ratio to be under 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of NI is 2.47.

NI has a 52-week high of 26.56 and a 52-week low of 21.17. Currently the stock is 24.7 percent higher than its low, and 0.6 percent lower than its 52-week high. NI has a price/earnings ratio of 24.21. Investors typically compare the P/E ratio to a company's peers in the industry. The NI value stock report compares NI to some of its peers using value stock charts. The stock has a market capitalization of $8.42 billion. NI will post this quarters earnings in days, on 0000-00-00.