(NI) NiSource - Ratings and Ratios

NiSource Inc. (NYSE:NI) is a U.S.-based energy holding company specializing in regulated natural gas and electric utility services. The company operates through two primary segments: Columbia Operations and NIPSCO Operations. It serves approximately 2.4 million natural gas customers and 0.5 million electricity customers across Ohio, Pennsylvania, Virginia, Kentucky, Maryland, and Indiana. The utility manages 37,200 miles of natural gas distribution pipelines and 330 miles of transmission pipelines. On the electric side, NiSource generates power through a diverse portfolio, including steam coal, natural gas, hydro, wind, and solar facilities. The company has been operational since 1847 and is headquartered in Merrillville, Indiana.

NiSources infrastructure includes steam coal plants in Wheatfield and Michigan City, combined cycle gas turbines in West Terre Haute, natural gas units in Wheatfield, hydro plants in Carroll and White Counties, wind units in White County, and solar installations in Jasper and White Counties. This diversified energy mix aligns with the companys long-term strategy to modernize its grid and transition to cleaner energy sources. NiSource also participates in wholesale electric and transmission markets, further expanding its revenue streams.

Based on the provided technical and fundamental data, here is a 3-month forecast: - Technical Outlook: The stock is currently trading below its SMA20 (39.06) and SMA50 (39.26), indicating short-term bearish momentum. However, it remains above its SMA200 (35.36), suggesting long-term support. With an ATR of 1.00, volatility is expected to remain moderate. - Fundamental Outlook: The forward P/E of 20.49 suggests improving earnings expectations, though the current P/E of 23.76 indicates a premium valuation. A P/B ratio of 2.09 reflects strong equity positioning, while a P/S of 3.32 aligns with industry averages. The RoE of 8.76% indicates moderate profitability. - Price Target: Considering the technical and fundamental factors, the stock is likely to trade sideways in the near term, with resistance at SMA50 (39.26) and support at SMA200 (35.36). A breakout above SMA50 could trigger an upside move toward 42.00, while a breach below SMA200 may lead to a correction toward 32.00.

For more information, visit the companys website: https://www.nisource.com