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.
NI was given price targets by several analysts. The most optimistic analyst gave a price target of 28, implying a possible profit of 6.06 percent. The most pessimistic price target was 23, implying a possible loss of -12.88 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
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. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of 0.85 percent in FY estimates.
Another thing investors often look at is the level of agreement among analysts' revisions. 1 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 0 analysts that decreased their estimates. Over the same time period, 1 analysts revised their FY earnings estimates upwards, while 0 analysts made negative revisions to their fiscal year's estimates.
Analysts estimate earnings of NI to grow at a rate of 9.8 percent. 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, although it is frequently more appropriate to compare PEG ratios to the company's peers. NI has a PEG ratio of 2.47.
In the last 52-weeks, NI has achieved a high of 26.56 and a low of 21.17. 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.