Alert: New Earnings Report (7/31/19)-NiSource Inc. (NYSE: NI).


For its second fiscal quarter (ending June 30), NiSource Inc. (NYSE: NI) has reported a 986% increase in E.P.S. from $0.07 a year ago to $0.76 in the current quarter. This result exceeded the consensus estimate of $0.06 by $0.70. For the latest four quarters through June 30, E.P.S. were $0.31 versus $0.74 for the same period a year ago — a decline of -58%.


Recent Price Action

On 7/31/19, NiSource Inc. (NYSE: NI) stock rose modestly by 0.4%, closing at $29.69. Moreover, this advance was accompanied by above average trading volume at 142% of normal. Relative to the market the stock has been strong over the last nine months and has risen 1.6% during the last week.

Current PriceTarget Research Rating

NI’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a modest Value Builder.

NiSource has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. NiSource has a poor Appreciation Score of 21 but a good Power Rating of 76, resulting in the Neutral Value Trend Rating.

Rating Review

In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.

About John Lafferty 122561 Articles
During his career, John has developed valuation and stock rating methodologies, managed institutional portfolios and mutual funds, and provided equity research to institutional investors on thousands of companies. He has been Director of Research at PTR since its inception in 2004.

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