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.
Investment analysts gave a few 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 price target was 23, which equates to a potential downside of -12.88 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change 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. If we look at the last 90 days instead, we find a net average change of 0.85 percent in FY estimates.
People are often interested in whether analysts were united in the direction of their 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. During this time, 1 analysts made positive revisions in their estimates for this fiscal year's earnings, 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, because people typically see that as an indicator of higher growth relative to stock price. 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.
NI has traded between a high of 26.56 and a low of 21.17 over the past year. Currently the stock is 24.7 percent higher than its low, and 0.6 percent below the 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 market cap of NI is $8.42 billion. NI is estimated to release their earnings results for the quarter on 0000-00-00, days from today.