NiSource stock has undergone multiple analysts rating changes in the recent past. NiSource Upgraded by The Goldman Sachs Group, Inc. on 10-12-21. In a note to investors, the firm issued a new rating of Buy. The analysts previously had rating of Neutral.
Shares of NiSource traded up $0.02 on Tuesday, reaching $24.36. 0 shares of the stock traded hands, compared to its average volume of 3647991. Shares of NiSource were trading at $24.36 on Tuesday. The firm’s 50 day moving average is $24.77 and its 200 day moving average is $24.30.NiSource has a 12 month low of $24.24 and a 12 month high of $26.60. While on yearly highs and lows, NiSource’s today has traded high as $24.51 and has touched $24.24 on the downward trend. See More Analyst Rating at: RATING
NiSource Earnings and What to expect:
NiSource last issued its quarterly earnings results on August 4th, 2021. The utilities provider reported $0.13 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.13. The firm had revenue of $986 million for the quarter, compared to the consensus estimate of $1.04 billion. NiSource has generated $1.32 earnings per share over the last year ($0.52 diluted earnings per share) and currently has a price-to-earnings ratio of 46.8. Earnings for NiSource are expected to grow by 4.44% in the coming year, from $1.35 to $1.41 per share. NiSource has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Monday, November 1st, 2021 based off prior year’s report dates.
Earnings for NiSource are expected to grow by 4.44% in the coming year, from $1.35 to $1.41 per share. The P/E ratio of NiSource is 46.85, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 14.78. The P/E ratio of NiSource is 46.85, which means that it is trading at a more expensive P/E ratio than the Utilities sector average P/E ratio of about 14.19. NiSource has a PEG Ratio of 2.96. PEG Ratios above 1 indicate that a company could be overvalued. NiSource has a P/B Ratio of 1.88. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.
NiSource (NYSE:NI) Moving Average Technical Analysis
5 day Moving Average is $24.47 And 5 day price change is -$0.03 (-0.12%) with average volume for 5 day average is 3,106,360. While technical analysis for average 20 days shows significant difference, 20 day moving average is $24.20 and 20 day price change is $0.05 (0.21%) and average 20 day moving volume is 3,878,410. 50 day moving average is $24.77 and 50 day price change is -$0.77 ( -3.06%) and with average volume for 50 days is : 3,264,646. 200 day moving average is $24.30 and 200 day price change is $2.27 (10.28%) and with average volume for 200 days is : 3,607,388.
Other owners latest trading in NiSource :
- On 10/12/2021 shares held by First Midwest Bank Trust Division were 12,831 which equates to market value of $0.31M and appx 0.00% owners of NiSource
- On 10/12/2021 shares held by Hennessy Advisors Inc. were 592,581 which equates to market value of $14.36M and appx 0.90% owners of NiSource
- On 10/8/2021 shares held by Timber Creek Capital Management LLC were 184,260 which equates to market value of $4.46M and appx 1.40% owners of NiSource
- In total Institutional ownership equates to Institutional Ownership Percentage: 93.62% for NiSource
See More Analyst Rating at: RATING