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The price of NiSource Inc (NYSE: NI) closed at $28.64 in the last session, up 0.25% from day before closing price of $28.57. In other words, the price has increased by $0.25 from its previous closing price. On the day, 2.03 million shares were traded. NI stock price reached its highest trading level at $28.97 during the session, while it also had its lowest trading level at $28.535.
Ratios:
We take a closer look at NI’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.56 and its Current Ratio is at 0.66. In the meantime, Its Debt-to-Equity ratio is 1.64 whereas as Long-Term Debt/Eq ratio is at 1.48.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Barclays on January 22, 2024, initiated with a Overweight rating and assigned the stock a target price of $28.
On October 06, 2023, Ladenburg Thalmann started tracking the stock assigning a Buy rating and target price of $25.
UBS Upgraded its Neutral to Buy on June 06, 2023, while the target price for the stock was maintained at $31.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on May 30 ’24 when Berman Melanie B. sold 3,742 shares for $27.96 per share. The transaction valued at 104,638 led to the insider holds 19,978 shares of the business.
Gode Gunnar sold 950 shares of NI for $25,133 on Mar 15 ’24. The VP & Chief Accounting Officer now owns 28,526 shares after completing the transaction at $26.46 per share. On Mar 06 ’24, another insider, Brown Donald Eugene, who serves as the EVP & Chief Innovation Officer of the company, sold 37,490 shares for $26.78 each. As a result, the insider received 1,003,982 and left with 195,855 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NI now has a Market Capitalization of 12839454720 and an Enterprise Value of 27607164928. As of this moment, NiSource’s Price-to-Earnings (P/E) ratio for their current fiscal year is 18.72, and their Forward P/E ratio for the next fiscal year is 15.52. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.53. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.45 while its Price-to-Book (P/B) ratio in mrq is 1.63. Its current Enterprise Value per Revenue stands at 5.263 whereas that against EBITDA is 12.656.
Stock Price History:
The Beta on a monthly basis for NI is 0.50, which has changed by 0.03281641 over the last 52 weeks, in comparison to a change of 0.25510752 over the same period for the S&P500. Over the past 52 weeks, NI has reached a high of $29.44, while it has fallen to a 52-week low of $22.86. The 50-Day Moving Average of the stock is 0.46%, while the 200-Day Moving Average is calculated to be 7.10%.
Shares Statistics:
According to the various share statistics, NI traded on average about 4.29M shares per day over the past 3-months and 4866670 shares per day over the past 10 days. A total of 447.38M shares are outstanding, with a floating share count of 446.59M. Insiders hold about 0.38% of the company’s shares, while institutions hold 95.17% stake in the company. Shares short for NI as of 1718323200 were 14810126 with a Short Ratio of 3.45, compared to 1715731200 on 5682337. Therefore, it implies a Short% of Shares Outstanding of 14810126 and a Short% of Float of 3.7600000000000002.
Dividends & Splits
The forward annual dividend rate for NI is 1.03, which was 1.03 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.036051802The stock’s 5-year Average Dividend Yield is 3.41. The current Payout Ratio is 67.61% for NI, which recently paid a dividend on 2024-04-29 with an ex-dividend date of 1722384000. Stock splits for the company last occurred on 2015-07-02 when the company split stock in a 2545:1000 ratio.
Earnings Estimates
Its stock is currently analyzed by 4.0 different market analysts. On average, analysts expect EPS of $0.13 for the current quarter, with a high estimate of $0.15 and a low estimate of $0.11, while EPS last year was $0.11. The consensus estimate for the next quarter is $0.2, with high estimates of $0.22 and low estimates of $0.17.
Analysts are recommending an EPS of between $1.73 and $1.72 for the fiscal current year, implying an average EPS of $1.72. EPS for the following year is $1.85, with 9.0 analysts recommending between $1.86 and $1.83.
Revenue Estimates
According to 1 analysts, the current quarter’s revenue is expected to be $1.13B. It ranges from a high estimate of $1.13B to a low estimate of $1.13B. As of the current estimate, NiSource Inc’s year-ago sales were $1.09BFor the next quarter, 1 analysts are estimating revenue of $1.1B. There is a high estimate of $1.1B for the next quarter, whereas the lowest estimate is $1.1B.
A total of 5 analysts have provided revenue estimates for NI’s current fiscal year. The highest revenue estimate was $6.72B, while the lowest revenue estimate was $5.48B, resulting in an average revenue estimate of $6.03B. In the same quarter a year ago, actual revenue was $5.51BBased on 5 analysts’ estimates, the company’s revenue will be $6.49B in the next fiscal year. The high estimate is $7.81B and the low estimate is $5.78B.
