This is why NiSource Inc (NI) Stock is one of the options for the Longer run

NiSource Inc [NI] stock prices are up 1.03% to $41.23 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The NI shares have gain 3.26% over the last week, with a monthly amount glided 9.31%, and seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Previously, Mizuho started tracking the stock with Outperform rating on July 11, 2024, and set its price target to $33. On January 22, 2024, Barclays initiated with a Overweight rating and assigned a price target of $28 on the stock. Ladenburg Thalmann started tracking the stock assigning a Buy rating and suggested a price target of $25 on October 06, 2023. UBS upgraded its rating to a Buy but $31 remained the price target by the analyst firm on June 06, 2023. Credit Suisse upgraded its rating to Outperform for this stock on November 09, 2022, but kept the price target unchanged to $27. In a note dated July 27, 2022, Edward Jones upgraded an Buy rating on this stock.

The stock price of NiSource Inc [NI] has been fluctuating between $25.71 and $40.88 over the past year. Currently, Wall Street analysts expect the stock to reach $38.25 within the next 12 months. NiSource Inc [NYSE: NI] shares were valued at $41.23 at the most recent close of the market. An investor can expect a potential drop of -7.23% based on the average NI price forecast.

Analyzing the NI fundamentals

The NiSource Inc [NYSE:NI] reported sales of 5.46B for trailing twelve months, representing a surge of 11.66%. 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 0.14%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.09 and Total Capital is 0.05. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.61.

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 40.89 points at the first support level, and at 40.54 for the second support level. However, for the 1st resistance point, the stock is sitting at 41.44, and for the 2nd resistance point, it is at 41.64.

Ratios To Look Out For

It’s worth pointing out that NiSource Inc [NYSE:NI]’s Current Ratio is 0.51. In addition, the Quick Ratio stands at 0.41 and the Cash Ratio stands at 0.04. Considering the valuation of this stock, the price to sales ratio is 3.55, the price to book ratio is 2.23 and price to earnings (TTM) ratio is 25.47.

Transactions by insiders

Recent insider trading involved Anderson Shawn, Officer, that happened on Mar 03 ’25 when 12900.0 shares were purchased. VP & Chief Accounting Officer, Gode Gunnar completed a deal on Feb 14 ’25 to sell 5500.0 shares. Meanwhile, Officer Gode Gunnar bought 5500.0 shares on Feb 14 ’25.

Related Posts