NiSource stock: buy or sell?
October 18th, 2019
NiSource Inc., an energy holding company, operates as a regulated natural gas and electric utility company in the United States.
Should I buy NiSource stock?Make a decision about when to buy or sell stocks is one of the hardest parts of being a trader or investor. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best time to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.
None of our preferred buy setups matches with NiSource stock situation right now, therefore this is not a suitable entry point.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is NiSource stock a buy?
Everyday, hundreds of stock ratings are published by financial analysts to indicate a particular stock's attractiveness.At Stocks2.com, we gathered 7 ratings published for NI stock in the last month. The general sentiment of these ratings is bullish for NI stock, with 4 positive ratings.
|Date||Analyst / Broker||Previous rating||Current rating|
|2019-8-7||Credit Suisse Group||Outperform||Neutral|
|2019-8-5||Wolfe Research||Outperform||Peer Perform|
|2019-4-8||Goldman Sachs Group||Neutral||Buy|
|2019-4-22||Bank of America||Buy||Neutral|
NiSource stock analysis
After sliding for 4 days, October/18 NiSource remained stable a tight 0.11%, closing at $27.98.
After sliding for 4 sessions, Oct 18th NiSource remained constant a tight 0.11%, closing at $27.98. On September/26, NI hit a new all time high, pushing higher than on August tops. Check different trading setups that use ATHs as triggers.
The energy holding company closed this week at $27.98 and slipped a horrible -3.98%. Counting this, it's been 3 sliding weeks in a row, loosing $-2.05 (-6.95%).
Not so far away is the last all-time high the energy holding company marked late September. This week, the gas and electricity provider stock dived below the significant level of the 40-weeks moving average. Stocks below the 40w moving average line are usually not recommended for average traders. Since mid December 2018 when SMA10w and SMA20w crossed up, NI price gained $1.07 per share (3.98%).
NiSource stock price history
NiSource stock historical price chart
NI stock reached all-time highs on September/26 with a price of $30.67.
NiSource stock price target is $28.80How much a stock will be priced tomorrow or next week is quite unpredictable However, many stock price predictions are published every day by banks, financial institutions and independent analysts. The accuracy of these stock price predictions is not very high, and you should not blindly believe and make decisions only based on what this ratings or price target predictions say. For the last 30 days we found 2 price forecasts for NI stock:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
|2019-4-8||Goldman Sachs Group||Upgrades||$26.00||$29.00||11.5%|
Financials and fundamental analysis
Earnings date and Earnings per ShareSince last February, when NiSource posted its last earnings report, it . Unfortunately, reported EPS is not yet available in our database.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsCompared to 2017, last anual revenues report draw a nice growth of 4.92% to $5,114.50 million USD. When comparing 2018 vs 2017, by contrast, profit margin (that is, the net income divided by revenues) decreased a -3.63% to -0.99%.
|2013||$5,660 M||-||$491 M8.7%||-|
|2014||$6,471 M||14.32%||$530 M8.2%||7.96%|
|2015||$4,652 M||-28.11%||$287 M6.2%||-45.94%|
|2016||$4,493 M||-3.42%||$332 M7.4%||15.71%|
|2017||$4,875 M||8.51%||$129 M2.6%||-61.24%|
|2018||$5,115 M||4.92%||$-50.60 M-1.0%||-139.38%|
Quarterly financial resultsNiSource reported $1,461.70 M in revenues for 2018-Q4, a 63.32% improvement compared to previous quarter. Reported quarter earnings marked $-11.70 M with a profit margin of -0.80%. Profit margin rocketed a 37.13% compared to previous quarter when profit margin was -37.93%. When comparing turnover to same quarter last year, NiSource sales marked a great gain and escalated a 6.83%.
|2017-Q2||$991 M||-||$-44.30 M-4.5%||-|
|2017-Q3||$917 M||-7.44%||$14.00 M1.5%||-131.60%|
|2017-Q4||$1,368 M||49.21%||$-52.40 M-3.8%||-474.29%|
|2018-Q1||$1,751 M||27.95%||$276.10 M15.8%||-626.91%|
|2018-Q2||$1,007 M||-42.48%||$24.50 M2.4%||-91.13%|
|2018-Q3||$895 M||-11.12%||$-339.50 M-37.9%||-1,485.71%|
|2018-Q4||$1,462 M||63.32%||$-11.70 M-0.8%||-96.55%|
|2019-Q1||$1,870 M||27.92%||$218.90 M11.7%||-1,970.94%|
NiSource ownershipWhen you are planning to buy shares of a stock, it's worth to have a look its ownership structure.
NiSource shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 0.40% of all shares.
Bearish positions for NI stock account 0.00%, no big difference from last month.
The following table compares ownership indicators for other stocks related to NiSource:
|Market cap||$10.4 B||$13.2 B||$1.5 B||$69.5 B||$190.7 M|
|Total shares||373.4 M||118.2 M||16.4 M||728.6 M||25.7 M|
|Float shares||371.5 M||116.8 M||15.8 M||727.6 M||13.8 M|
|- Institutional holdings (%)||95.3%||80.6%||66.9%||61.7%||19.0%|
|- Insider holdings (%)||0.4%||1.1%||4.3%||0.1%||25.1%|
|Shares in short selling||0.0%||0.0%||0.0%||0.0%||0.0%|
|Friday, October 18th, 2019|
|Day range||$27.78 - $28.12|
|Average true range||$0.45|
|50d mov avg||$29.25|
|100d mov avg||$29.04|
|200d mov avg||$28.02|
NiSource performanceStocks performance is always measured in comparision to the market or competitors and related stocks in the same industry. We compared NiSource against Atmos Energy, Chesapeake Utilities, Duke Energy, Genie Energy and in the following table:
NiSource competitorsOne check before investing in any stock is to review a list of its competitors, in this case for NiSource. We picked 5 companies as NiSource competitors as they are in the same industry or have similar market objectives.
Latest NiSource stock news
- InvestorPlace3 Big Stock Charts for Tuesday: Coty, International Paper and NiSourceMay 14, 2019
- InvestorPlace3 Big Stock Charts for Tuesday: NiSource, PulteGroup and Nielsen HoldingsMarch 12, 2019
- InvestorPlace3 Big Stock Charts for Monday: Hasbro, NiSource and Kimco RealtyFebruary 11, 2019