A share price of NiSource Inc [NI] is currently trading at $40.48, up 2.85%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The NI shares have gain 3.50% over the last week, with a monthly amount glided 8.93%, 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.
NiSource Inc experienced fluctuations in its stock price throughout the past year between $27.60 and $41.44. Currently, Wall Street analysts expect the stock to reach $42.5 within the next 12 months. NiSource Inc [NYSE: NI] shares were valued at $40.48 at the most recent close of the market. An investor can expect a potential return of 4.99% based on the average NI price forecast.
Analyzing the NI fundamentals
Trailing Twelve Months sales for NiSource Inc [NYSE:NI] were 5.46B which represents 11.66% growth. 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.61.
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 39.21 points at the first support level, and at 37.94 for the second support level. However, for the 1st resistance point, the stock is sitting at 41.24, and for the 2nd resistance point, it is at 42.00.
Ratios To Look Out For
To put it in perspective, the Current Ratio for NiSource Inc [NYSE:NI] is 0.51. As well, the Quick Ratio is 0.41, while the Cash Ratio is 0.04. Considering the valuation of this stock, the price to sales ratio is 3.49, the price to book ratio is 2.19 and price to earnings (TTM) ratio is 25.00.
Transactions by insiders
Recent insider trading involved Anderson Shawn, EVP & CFO, that happened on Mar 03 ’25 when 12900.0 shares were sold. Officer, Anderson Shawn completed a deal on Mar 03 ’25 to buy 12900.0 shares. Meanwhile, VP & Chief Accounting Officer Gode Gunnar sold 5500.0 shares on Feb 14 ’25.
