Wall Street analysts assess price movements and volume trends to forecast future stock performance. Recent price fluctuations for shares of NiSource Inc (NYSE:NI) have got the investing community taking a second look.
Scoping out Technical Indicators for NiSource Inc (NI)
Hourly moving averages for NI indicate a Strong Sell, while hourly technical indicators suggest a Strong Sell.
To predict where a stock’s price is heading analysts typically look at technical indicators, which apply formulas to pricing data gathered over a period of time. One of these technical indicators is the Relative Strength Index (RSI), which currently stands at 43.820 for NiSource Inc over the last 14 days – indicating a Sell. Meanwhile, the price rate of change (ROC) is currently 1.663, indicating a Buy.
The 14-day Commodity Channel Index (CCI) for company is -29.1197, indicating a Neutral. The 14-day Average Directional Index (ADX), which measures the strength of a trend, is at 27.680 – indicating a Buy.
The Stochastic (9,6) value for NI is 32.240, signaling that the stock is currently Sell. The Stochastic RSI (14) is currently at 33.272, indicating that stock is Sell.
Similarly, the Williams %R Value, for this stock stands at -54.545 – suggesting that the shares are Neutral. The Ultimate Oscillator value for this stock is currently 44.485, indicating that it has become Sell.
At the same time, the volatility-measuring Average True Range (ATR) for this stock is 0.1321, suggesting Less Volatility.
NiSource Inc (NI) Valuation Ratios and Profitability
There are multiple valuation ratios that Wall Street professionals consider when evaluating a stock, and compare to the ratio for the industry as a whole. The Price to Sales ratio, for example, is 1.77 for NiSource Inc (NYSE:NI), while the industry Price to Sales ratio is currently 110.11. The Price to Book ratio for this stock is 1.95, compared to the industry Price to Book ratio of 1.96. Meanwhile, the Price to Tangible Book ratio for this stock stands at 3.49, compared to 2.85 for the industry.
Profitability metrics can also be compared, like the Trailing Twelve Month (TTM) Gross Margin for NI, which is 35.1% compared to the industry’s 33.89%. Similarly, this company’s TTM Operating Margin is currently 15.7%, while industry’s as a whole is 19.55%.
Understanding Per Share Data and Efficiency
This publicly-traded company’s Revenue/Share ratio is 14.7, compared to 152.73 for the industry overall. Similarly, this stock’s Cash/Share ratio currently stands at 0.06, while the industry’s as a whole is 15.59.
The industry-wide Asset Turnover is 0.28, while that of NiSource Inc (NYSE:NI) is currently 0.26. The industry-wide Receivable Turnover is 9.35, with this company’s standing at 10.09.