Somewhat Favorable Media Coverage Somewhat Unlikely to Impact NiSource (NI) Stock Price

Media coverage about NiSource (NYSE:NI) has trended somewhat positive this week, Accern Sentiment Analysis reports. The research firm scores the sentiment of media coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. NiSource earned a daily sentiment score of 0.12 on Accern’s scale. Accern also assigned news coverage about the utilities provider an impact score of 46.7805608513397 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.

NI has been the topic of several research analyst reports. KeyCorp restated a “buy” rating and set a $29.50 target price on shares of NiSource in a research report on Friday, September 1st. Zacks Investment Research upgraded shares of NiSource from a “hold” rating to a “buy” rating and set a $29.00 price objective on the stock in a research report on Friday, September 22nd. Wells Fargo & Company initiated coverage on shares of NiSource in a research report on Wednesday, August 9th. They issued an “outperform” rating and a $30.00 price objective on the stock. Citigroup boosted their price objective on shares of NiSource from $28.00 to $31.00 and gave the stock a “buy” rating in a research report on Monday, November 20th. Finally, Credit Suisse Group boosted their price objective on shares of NiSource from $29.00 to $30.00 and gave the stock an “outperform” rating in a research report on Thursday, November 2nd. Six analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average price target of $27.23.

NiSource (NYSE NI) traded down $0.30 during trading on Monday, hitting $27.03. 2,093,865 shares of the company traded hands, compared to its average volume of 2,533,593. NiSource has a 1-year low of $21.31 and a 1-year high of $27.76. The company has a quick ratio of 0.32, a current ratio of 0.52 and a debt-to-equity ratio of 1.72. The stock has a market cap of $9,204.57, a price-to-earnings ratio of 23.76, a PEG ratio of 4.04 and a beta of 0.36.

NiSource (NYSE:NI) last released its quarterly earnings data on Wednesday, November 1st. The utilities provider reported $0.07 EPS for the quarter, hitting the consensus estimate of $0.07. NiSource had a net margin of 5.61% and a return on equity of 8.97%. The business had revenue of $917.00 million for the quarter, compared to analyst estimates of $901.00 million. During the same period in the previous year, the firm earned $0.06 EPS. research analysts forecast that NiSource will post 1.19 earnings per share for the current fiscal year.

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About NiSource

NiSource Inc is an energy holding company. The Company is engaged in the distribution of natural gas. The Company operates through two business segments: Gas Distribution Operations and Electric Operations. The Company’s Gas Distribution Operations segment provides natural gas service and transportation for residential, commercial and industrial customers in Ohio, Pennsylvania, Virginia, Kentucky, Maryland, Indiana and Massachusetts.

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