Nisource Stock Buy Hold or Sell Recommendation
| NI Stock | USD 27.58 0.18 0.66% |
Allowing for the 90-day total investment horizon and your complete indifference towards market risk, our recommendation regarding NiSource is 'Strong Hold'. Macroaxis provides NiSource buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding NiSource positions. The advice algorithm takes into account all of NiSource's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting NiSource's buy or sell advice are summarized below:
Real Value 28.29 | Target Price 29.73 | Hype Value 27.38 | Market Value 27.58 | Naive Value 27.2 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell NiSource given historical horizon and risk tolerance towards NiSource. When Macroaxis issues a 'buy' or 'sell' recommendation for NiSource, the advice is generated through an automated system that utilizes algorithms and statistical models.
NiSource |
Execute NiSource Buy or Sell Advice
The NiSource recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on NiSource. Macroaxis does not own or have any residual interests in NiSource or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute NiSource's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Hold
Market Performance | OK | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
NiSource Trading Alerts and Improvement Suggestions
| The company reports 14.13 B of total liabilities with total debt to equity ratio (D/E) of 1.34, which is normal for its line of buisiness. NiSource has a current ratio of 0.62, implying that it has not enough working capital to pay out debt commitments in time. Debt can assist NiSource until it has trouble settling it off, either with new capital or with free cash flow. So, NiSource's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like NiSource sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for NiSource to invest in growth at high rates of return. When we think about NiSource's use of debt, we should always consider it together with cash and equity. | |
| Over 93.0% of NiSource shares are owned by institutional investors | |
| Latest headline from finance.yahoo.com: Reasons to Add DTE Energy Stock to Your Portfolio Now |
NiSource Returns Distribution Density
The distribution of NiSource's historical returns is an attempt to chart the uncertainty of NiSource's future price movements. The chart of the probability distribution of NiSource daily returns describes the distribution of returns around its average expected value. We use NiSource price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of NiSource returns is essential to provide solid investment advice for NiSource.
| Mean Return | 0.08 | Value At Risk | -1.37 | Potential Upside | 1.82 | Standard Deviation | 0.98 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of NiSource historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
NiSource Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as NiSource is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading NiSource backward and forwards among themselves. NiSource's institutional investor refers to the entity that pools money to purchase NiSource's securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 7.3 M | Cohen & Steers Inc | 2023-12-31 | 7.3 M | Newport Trust Co. | 2023-12-31 | 6.4 M | Thrivent Financial For Lutherans | 2023-12-31 | 6.1 M | Goldman Sachs Group Inc | 2023-12-31 | 5.9 M | Balyasny Asset Management Llc | 2023-12-31 | 5.6 M | Amvescap Plc. | 2023-12-31 | 5.5 M | Legal & General Group Plc | 2023-12-31 | 5 M | Royal Bank Of Canada | 2023-12-31 | 4.7 M | Vanguard Group Inc | 2023-12-31 | 54 M | Blackrock Inc | 2023-12-31 | 39.4 M |
NiSource Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | (2M) | (1.5M) | (112.9M) | (258.9M) | 233.9M | 245.6M | |
| Change In Cash | 27.3M | (22.8M) | (30.7M) | (19.5M) | 2.2B | 2.3B | |
| Free Cash Flow | (219.1M) | (654.1M) | (620.1M) | (793.7M) | (710.7M) | (675.2M) | |
| Other Non Cash Items | 413.8M | 653M | 4.9M | (99.6M) | (15M) | (14.3M) | |
| Dividends Paid | 354.6M | 376.7M | 400.3M | 436.6M | (457.3M) | (434.4M) | |
| Capital Expenditures | 1.8B | 1.8B | 1.8B | 2.2B | 2.6B | 2.8B | |
| Net Income | 383.1M | (14.2M) | 588.8M | 791.8M | 674.4M | 708.1M | |
| End Period Cash Flow | 148.4M | 125.6M | 94.9M | 75.4M | 2.3B | 2.4B | |
| Depreciation | 717.4M | 725.9M | 748.4M | 820.8M | 908.2M | 671.6M | |
| Change To Netincome | 549.7M | 635.4M | 141.1M | 69.9M | 80.4M | 76.4M | |
| Investments | (1.9B) | (879.1M) | (2.2B) | (2.6B) | (3.4B) | (3.2B) | |
| Net Borrowings | 494.4M | 81.9M | 31.3M | 1.5B | 1.7B | 1.8B |
NiSource Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to NiSource or Multi-Utilities sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that NiSource's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a NiSource stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | 0.03 | |
β | Beta against NYSE Composite | 0.81 | |
σ | Overall volatility | 0.97 | |
Ir | Information ratio | 0.01 |
NiSource Volatility Alert
NiSource has low volatility with Treynor Ratio of 0.09, Maximum Drawdown of 3.89 and kurtosis of -0.38. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure NiSource's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact NiSource's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.NiSource Fundamentals Vs Peers
Comparing NiSource's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze NiSource's direct or indirect competition across all of the common fundamentals between NiSource and the related equities. This way, we can detect undervalued stocks with similar characteristics as NiSource or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of NiSource's fundamental indicators could also be used in its relative valuation, which is a method of valuing NiSource by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare NiSource to competition |
| Fundamentals | NiSource | Peer Average |
| Return On Equity | 0.0748 | -0.31 |
| Return On Asset | 0.0276 | -0.14 |
| Profit Margin | 0.13 % | (1.27) % |
| Operating Margin | 0.25 % | (5.51) % |
| Current Valuation | 26.16 B | 16.62 B |
| Shares Outstanding | 448.19 M | 571.82 M |
| Shares Owned By Insiders | 0.12 % | 10.09 % |
| Shares Owned By Institutions | 92.62 % | 39.21 % |
| Number Of Shares Shorted | 6.07 M | 4.71 M |
| Price To Earning | 17.24 X | 28.72 X |
| Price To Book | 1.56 X | 9.51 X |
| Price To Sales | 2.20 X | 11.42 X |
| Revenue | 5.51 B | 9.43 B |
| Gross Profit | 2.26 B | 27.38 B |
| EBITDA | 2.23 B | 3.9 B |
| Net Income | 674.4 M | 570.98 M |
| Cash And Equivalents | 40.8 M | 2.7 B |
| Cash Per Share | 0.19 X | 5.01 X |
| Total Debt | 14.13 B | 5.32 B |
| Debt To Equity | 1.34 % | 48.70 % |
| Current Ratio | 0.63 X | 2.16 X |
| Book Value Per Share | 17.40 X | 1.93 K |
| Cash Flow From Operations | 1.94 B | 971.22 M |
| Short Ratio | 1.26 X | 4.00 X |
| Earnings Per Share | 1.48 X | 3.12 X |
| Price To Earnings To Growth | 3.35 X | 4.89 X |
| Target Price | 29.96 | |
| Number Of Employees | 7.36 K | 18.84 K |
| Beta | 0.49 | -0.15 |
| Market Capitalization | 11.9 B | 19.03 B |
| Total Asset | 31.08 B | 29.47 B |
| Retained Earnings | (967 M) | 9.33 B |
| Working Capital | (765.7 M) | 1.48 B |
Note: Acquisition by Lloyd Yates of 62598 shares of NiSource subject to Rule 16b-3 [view details]
NiSource Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as NiSource . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 50020.81 | |||
| Daily Balance Of Power | 0.5143 | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 27.64 | |||
| Day Typical Price | 27.62 | |||
| Price Action Indicator | 0.035 | |||
| Period Momentum Indicator | 0.18 |
About NiSource Buy or Sell Advice
When is the right time to buy or sell NiSource? Buying financial instruments such as NiSource Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.| 2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 9.8B | 11.7B | 14.1B | 7.8B | Total Assets | 24.2B | 26.7B | 31.1B | 19.2B |
Use Investing Ideas to Build Portfolios
In addition to having NiSource in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Currency Funds Thematic Idea Now
Currency Funds
Funds or Etfs investing in a single currency or combination of currencies from different countries in order to replicate respective foreign exchange markets. The Currency Funds theme has 37 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Currency Funds Theme or any other thematic opportunities.
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Check out NiSource Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For more detail on how to invest in NiSource Stock please use our How to Invest in NiSource guide.You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
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When running NiSource's price analysis, check to measure NiSource's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NiSource is operating at the current time. Most of NiSource's value examination focuses on studying past and present price action to predict the probability of NiSource's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NiSource's price. Additionally, you may evaluate how the addition of NiSource to your portfolios can decrease your overall portfolio volatility.
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Is NiSource's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of NiSource. If investors know NiSource will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about NiSource listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.03) | Dividend Share 1.015 | Earnings Share 1.48 | Revenue Per Share 13.231 | Quarterly Revenue Growth (0.17) |
The market value of NiSource is measured differently than its book value, which is the value of NiSource that is recorded on the company's balance sheet. Investors also form their own opinion of NiSource's value that differs from its market value or its book value, called intrinsic value, which is NiSource's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because NiSource's market value can be influenced by many factors that don't directly affect NiSource's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between NiSource's value and its price as these two are different measures arrived at by different means. Investors typically determine if NiSource is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NiSource's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.