NiSource stock: buy or sell?

NI stock price: $27.98 0.11% At close on October 18th, 2019

Updated on:
October 18th, 2019

2

After sliding for 4 days, October 18th NiSource remained stable a tight 0.11%, closing at $27.98. Oct/18 session broke a read streak of 4 days in a row.

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.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This doesn't mean NI will fall in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems.

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.
Is NI a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-8-7Credit Suisse GroupOutperformNeutral
2019-8-5Wolfe ResearchOutperformPeer Perform
2019-7-24ArgusHoldBuy
2019-4-8Goldman Sachs GroupNeutralBuy
2019-4-22Bank of AmericaBuyNeutral
2019-2-5KeyCorpn/aBuy
2019-1-7GuggenheimNeutralBuy

NiSource stock analysis

Daily outlook

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.

NI stock chart (daily)

Weekly outlook

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%).

NI stock chart (weekly)

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 $28.80

How 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:
NI stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
2019-4-8Goldman Sachs GroupUpgrades$26.00$29.0011.5%
2019-2-5KeyCorpReiteratesn/a$28.50-
(in average)$26.00$28.8011.0%
The price target for NiSource stock is $28.80, moving in a range between $29.00 and $28.50. In average, analysts' outlook on NI price forecast is positive, improving the forecast by a 11.00% from previous estimations.

Financials and fundamental analysis

Earnings date and Earnings per Share

Since last February, when NiSource posted its last earnings report, it . Unfortunately, reported EPS is not yet available in our database.
NI earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q2-n/an/an/a
2017-Q3-n/an/an/a
2017-Q42018-02-200.320.333.1%
2018-Q12018-05-020.770.770.0%
2018-Q22018-08-010.090.07-22.2%
2018-Q32018-11-010.060.166.7%
2018-Q42019-02-200.370.382.7%
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a
2019-Q3-n/an/an/a

Annual financial results

Compared 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%.

NI annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$5,660 M-$491 M8.7%-
2014$6,471 M14.32%$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 M8.51%$129 M2.6%-61.24%
2018$5,115 M4.92%$-50.60 M-1.0%-139.38%

Quarterly financial results

NiSource 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%.
NI quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q2$991 M-$-44.30 M-4.5%-
2017-Q3$917 M-7.44%$14.00 M1.5%-131.60%
2017-Q4$1,368 M49.21%$-52.40 M-3.8%-474.29%
2018-Q1$1,751 M27.95%$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$1,462 M63.32%$-11.70 M-0.8%-96.55%
2019-Q1$1,870 M27.92%$218.90 M11.7%-1,970.94%

NiSource ownership

When 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:

NIATOCPKDUKGNE
Market cap$10.4 B$13.2 B$1.5 B$69.5 B$190.7 M
Total shares373.4 M118.2 M16.4 M728.6 M25.7 M
Float shares371.5 M116.8 M15.8 M727.6 M13.8 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 selling0.0%0.0%0.0%0.0%0.0%

NiSource summary

Friday, October 18th, 2019
Open$27.97
Close$27.98
Day range$27.78 - $28.12
Previous close$27.95
Session gain0.11%
Average true range$0.45
50d mov avg$29.25
100d mov avg$29.04
200d mov avg$28.02
Daily pattern
Weekly pattern

NiSource performance

Stocks 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:
Stock3m6m12m
NINiSource-3.52%2.94%13.42%
ATOAtmos Energy4.53%13.63%17.35%
CPKChesapeake Utilit...2.90%4.13%15.88%
DUKDuke Energy8.96%9.28%20.25%
GNEGenie Energy-31.20%-9.61%31.50%
SRE5.14%16.39%29.24%

NiSource competitors

One 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