A share price of NiSource Inc [NI] is currently trading at $32.86, up 0.43%. An important factor to consider is whether the stock is rising or falling in short-term value. The NI shares have gain 1.67% over the last week, with a monthly amount glided 4.58%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
NiSource Inc [NYSE: NI] stock has seen the most recent analyst activity on July 11, 2024, when Mizuho initiated its Outperform rating and assigned the stock a price target of $33. Previously, Barclays started tracking the stock with Overweight rating on January 22, 2024, and set its price target to $28. On October 06, 2023, Ladenburg Thalmann initiated with a Buy rating and assigned a price target of $25 on the stock. UBS upgraded its rating to a Buy but stick to its price target of $31 on June 06, 2023. Credit Suisse upgraded its rating to a Outperform but $27 remained the price target by the analyst firm on November 09, 2022. Edward Jones upgraded its rating to Buy for this stock on July 27, 2022. In a note dated April 26, 2022, Credit Suisse initiated an Neutral rating and provided a target price of $32 on this stock.
NiSource Inc experienced fluctuations in its stock price throughout the past year between $22.86 and $33.01. Currently, Wall Street analysts expect the stock to reach $33.67 within the next 12 months. NiSource Inc [NYSE: NI] shares were valued at $32.86 at the most recent close of the market. An investor can expect a potential return of 2.47% based on the average NI price forecast.
Analyzing the NI fundamentals
Trailing Twelve Months sales for NiSource Inc [NYSE:NI] were 5.24B which represents -0.49% decline. Gross Profit Margin for this corporation currently stands at 0.53% with Operating Profit Margin at 0.27%, Pretax Profit Margin comes in at 0.18%, and Net Profit Margin reading is 0.15%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.1 and Total Capital is 0.05. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.71.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 32.72 points at the first support level, and at 32.58 for the second support level. However, for the 1st resistance point, the stock is sitting at 33.05, and for the 2nd resistance point, it is at 33.23.
Ratios To Look Out For
To put it in perspective, the Current Ratio for NiSource Inc [NYSE:NI] is 0.78. On the other hand, the Quick Ratio is 0.63, and the Cash Ratio is 0.05. Considering the valuation of this stock, the price to sales ratio is 2.81, the price to book ratio is 1.87 and price to earnings (TTM) ratio is 20.16.
Transactions by insiders
Recent insider trading involved Anderson Shawn, EVP & CFO, that happened on Aug 21 ’24 when 6730.0 shares were sold. EVP, Chief Op & Safety Officer, Jefferson William Jr. completed a deal on Aug 19 ’24 to sell 4364.0 shares. Meanwhile, Officer Anderson Shawn bought 6730.0 shares on Aug 21 ’24.
