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 a possible profit of 6.06 percent. The most pessimistic analyst gave a price target of 23, implying a possible loss of -12.88 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
Analysts have revised their earnings estimates upwards for this quarter, by about 5.56 percent on average, compared to last month. That number becomes -9.09 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 0.85 percent in FY estimates.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 1 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts revised their estimates downwards. Over the same time period, 1 analysts revised their FY earnings estimates upwards, while 0 analysts decreased their estimates.
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. PEG ratios below 1 are often considered desirable, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of NI is 2.47.
NI has traded between a high of 26.56 and a low of 21.17 over the past year. The current market price is above the trailing year's low by 24.7 percent, and 0.6 percent below the high. NI has a P/E 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 market cap of NI is $8.42 billion. NI's next earnings release will be on 0000-00-00, which is days away.