NiSource Inc (NYSE:NI) shares traded 0.23% up during most recent session to reach at the closing price of $26.16. The stock exchanged hands 3.13 Million shares versus average trading capacity of 3.74 Million shares, yielding a market cap of $9.47 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $26.92 within the next 52-weeks. The mean target projections are based on 13 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have NiSource Inc (NYSE:NI) high price target of $28 and with a conservative view have low price target of $25.
Bank of America “Maintained” NiSource Inc (NYSE:NI) in a research note issued to investors on 11/02/18 to Buy with price target of $28.
Additionally on 11/02/18 JP Morgan “Maintained” NiSource Inc (NYSE:NI) to Overweight setting price target at $28 and on 11/02/18 KeyBanc “Maintained” the stock to Overweight at $28. Furthermore on 10/16/18 Barclays “Maintained” the stock to Equal-Weight at $26.
On the other hand the company has Relative Strength Index (RSI 14) of 54.82 along with Average True Range (ATR 14) of 0.53, Consequently NiSource Inc (NYSE:NI)’s weekly and monthly volatility is 2.06%, 2.24% respectively. The company’s beta value is at 0.11.
In terms of Buy, Sell or Hold recommendations, NiSource Inc (NYSE:NI) has analysts’ mean recommendation of 2.4. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
According to analysts NiSource Inc (NYSE:NI)’s minimum EPS for the current quarter is at $0.31 and can go high up to $0.44. The consensus mean EPS for the current quarter is at $0.37 derived from a total of 11 estimates from the analysts who have weighed in on projected earnings. However the company reported $0.33 earnings per share for the same quarter during last year.
Previously NiSource Inc (NYSE:NI) reported $0.1 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.06 by $0.04. The company posted an earnings surprise of 66.7%.
NiSource Inc (NYSE:NI)’s revenue estimates for the current quarter are $1.41 Billion according to 4 number of analysts, for the current quarter the company has high revenue estimates of $1.54 Billion in contradiction of low revenue estimates of $1.27 Billion. For the current year the company’s revenue estimates are $5.1 Billion compared to low analyst estimates of $4.91 Billion and high estimates of $5.57 Billion according to 8 number of analysts.
Currently NiSource Inc (NYSE:NI)’s shares owned by insiders are 0.3%, whereas shares owned by institutional owners are 93.8%. However the six-month change in the insider ownership was recorded -2.98%, as well as three-month change in the institutional ownership was recorded 1.05%.
NiSource Inc (NYSE:NI)’s trailing twelve month revenues are $5.02 Billion, whereas its price to sales ratio for the same period is 1.89. Its book value per share for the most recent quarter is $12.86 while its price to book ratio for the same period is 2.03, as for as the company’s cash per share for the most recent quarter is $0.12, however its price to cash per share ratio for the same period is 226.67. The stock has 5 year expected PEG ratio of 0 whereas its trailing twelve month P/E ratio is 0.