NiSource Inc. (NI): Interesting things to know About NI


NiSource Inc. (NYSE:NI) changes shares on Monday trading session, with a change of 1.13% or $0.26 shares. The trading starts at $22.89 and closed at $22.97 throughout the day. The trading session low price was $22.66 and day high was $23.30 on Monday, June 22. After the session, the Utilities sector daily volume shifted to 2.11 million while its average volume is 3.37M. In other hand, the NI market cap reached to $9.19B. While, its current target price is $23.23 according to WSJ.

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is down -1.06% and up 1.04% for month. Its quarterly performance was 11.36% above, while its half year performance is down -15.86%. NI yearly performance stood at negative -20.88% and fall -16.56% for year-to-date. Current recommendation for NiSource Inc. is 2.10.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. NI EPS (TTM) for 12-month is 0.49. EPS for this year is 574.10%, while for the next year its value is 1.38. Sales growth for the current quarter is 9.69 while its EPS Q/Q reached -70.60%. It has an EPS of 1.50% up for past five years and for the next five years will be up 4.89%.

Let’s take a look on the analyst recommendations on NI for the current month and previous month. For the current month, 9 of 15 analysts recommend stock as Buy while 0 as Sell, 1 as overweight, 0 as underweight and 5 as Hold. As compared with the previous month ratings, 15 analysts participate in stock recommendation. Out of 15, 0 rated it sell, 9 rated it as Buy and 5 as Hold Ratings. On the other hand, target price ranges from $26.00-$29.00. Average target price for NI was reached at $27.23.

The insider ownership moved to 0.50% and institutional holding shifted to 93.90%.

The company posted an EPS (TTM) of 0.49. According to the most recent quarter report on (Jun 2020), 10 analysts estimated an average EPS of 0.07, while 0.05 EPS posted a year ago period. Analyst Estimated EPS for NI published in the report was 0.04-0.12 during the same period. Comparing with last year, the average estimated EPS was 0.05 which is lower than 0.76 which was posted for recent quarter EPS.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for NI fall -13.33% for period of 200 days. SMA for 50 days was -4.64% which is showing red signal, while SMA-20 was -3.25%. The moving average value for NiSource Inc. (NI) is 26.19 and 23.64 for 200 and 50 days respectively.

Let’s take a look on the insider transactions, in which multiple shareholders are showing interest in NI stock. On Mar 04, Mulpas Joseph W, VP & Chief Accounting Officer, sold 12,650 trading shares at the cost of $29.66, which valued at 0.38 million. On Mar 04, Surface Suzanne K., Chief Services Officer, sold 7,407 shares at the cost of $28.75, with total shares of 28,652. On Mar 04, Hightman Carrie J, EVP & Chief Legal Officer, sold 11,696 shares at the cost of 29.50. After this transaction, Hightman Carrie J total shares reached to 346,401 which valued at 0.35 million.