Stock To Watch: NiSource, Inc (NYSE:NI)


The leading market experts have placed a mean price target of $23.78 on NiSource, Inc (NYSE:NI) stock. This price level, which is estimated to be attained in one-year indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.09 a share for the upcoming quarter and $1.06 for the current fiscal. Technical View The technical analysis of NiSource Inc Common Stock plainly substantiates that the 50-day moving average of NiSource Inc Common Stock is $24.88, and stock is hovering 1.33 or +5.34% distant from $24.88. It is noted that the 200-day MA is $22.64, and NiSource Inc Common Stock stock is $3.57 or +15.75% off from this point. NiSource, Inc (NYSE:NI) 52-week high is $26.94 and the 52-week low is $16.04. This explains if the stock moves $-0.73, it will post a 52-week high. In event of $+63.40% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of NiSource Inc Common Stock, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, NiSource, Inc (NYSE:NI) ratio came in at 42.41. The stock last ended the trading session at $26.21 and registered a market cap of $8.43B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. NiSource, Inc (NYSE:NI) PEG ratio is at -1.95.

1 Chart Pattern Every Investor Should Know

This little-known pattern preceded moves of 578% in ARWR, 562% in LCI, 513% in ICPT, 439% in EGRX, 408% in ADDUS and more...

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