The shares of NiSource Inc. (NYSE:NI) has been pegged with a rating of Buy by Guggenheim in its latest research note that was published on January 7th, 2019. Guggenheim wasn’t the only research firm that published a report of NiSource Inc., with other equities research analysts also giving their opinion on the stock. Mizuho advised investors in its research note published on October 19th, 2018, to Neutral the NI stock. The stock had earned Underperform rating from Evercore ISI when it published its report on September 14th, 2018. The stock was given Neutral rating by Guggenheim in its report released on September 10th, 2018. JP Morgan was of a view that NI is Overweight in its latest report on May 17th, 2018. Citigroup thinks that NI is worth Neutral rating. This was contained in the firm’s report on March 27th, 2018.
Amongst the analysts that rated the stock, 0 have recommended investors to sell it, 7 believe it has the potential for further growth, thus rating it as Hold while 4 advised investors to purchase the stock. The consensus currently stands at a Hold while its average price target is $27.46. The price of the stock the last time has raised by 17.60% from its Week high price while it is raised higher than its 52-Week low price. A look at the stock’s other technical shows that its 14-day RSI now stands at 54.39.
The shares of the company dipped by -1.05% during the trading session on Friday, reaching a low of $26.15 while ending the day at $26.39. During the trading session, a total of 3.03 million shares were traded which represents a 10.8% incline from the average session volume which is 3.40M shares. NI had ended its last session trading at 26.67. NiSource Inc. currently has a market cap of $9.92B while its P/E earnings growth sits at 1.98, with a beta of 0.23. NiSource Inc. debt-to-equity ratio currently stands at 1.87, while its quick ratio hovers at 0.30. NI 52-week low price stands at $22.44 while its 52-week high price is $28.11.
The company in its last quarterly report recorded $0.10 earnings per share which is above the $0.06 predicted by most analysts. The NiSource Inc. generated $895.00 million in revenue during the last quarter, which is slightly higher than the $1,009.16 million predicted by analysts. In the second quarter last year, the firm recorded $0.07 earnings per share. Compared to the same quarter last year, the firm’s revenue was up by 30%. NiSource Inc. has the potential to record -0.29 EPS for the current fiscal year, according to equities analysts.
Investment analysts at MoffettNathanson published a research note on January 7th, 2019 where it informed investors and clients that Worldpay, Inc. (NYSE:WP) is now rated as Buy. Mizuho also rated WP as Downgrade on October 19th, 2018, with its price target of $100 suggesting that WP could surge by 24.84% from its current share price. Even though the stock has been trading at $78.93/share, analysts expect it to surge higher by -0.53% to reach $104.46/share. It started the day trading at $79.28 and traded between $78.24 and $78.51 throughout the trading session.
A look at its technical shows that WP’s 50-day SMA is 81.84 while its 200-day SMA stands at 86.21. The company’s average trading volume currently stands at 3.05M shares, which means that the short-interest ratio is just 3.32 days. Over the past seven days, the company moved, with its shift of 5.04%. Looking further, the stock has dropped -14.42% over the past 90 days while it lost -9.32% over the last six months.
The change in the stock’s fortunes has led to several institutional investors altering their holdings of the stock. T Rowe Price Associates Inc bought more WP shares, increasing its portfolio by +9.80% during the last quarter. This move now sees T Rowe Price Associates Inc purchasing 2,720,697 shares in the last quarter, thus it now holds 30,470,008 shares of WP, with a total valuation of $2,328,822,711. The Vanguard Group Inc meanwhile bought more WP shares in the recently filed quarter, changing its stake to $1,956,151,484 worth of shares. Capital Research Management Co followed the path by decreasing its WP portfolio by -33.80% in the quarter. This means that Capital Research Management Co sold -7,109,092 shares in the last quarter and now controls 13,923,256 shares of the WP stock, with the valuation hitting $1,064,154,456.
Similarly, Canada Pension Plan Investment Bo decreased its Worldpay, Inc. shares by -0.26% during the recently filed quarter. After selling -27,015 shares in the last quarter, the firm now controls 10,418,181 shares of Worldpay, Inc. which are valued at $796,261,574. In the same vein, JPMorgan Investment Management I increased its Worldpay, Inc. shares by during the most recent reported quarter. The firm bought 43,024 shares during the quarter which increased its stakes to 6,848,204 shares and is now valued at $523,408,232. Following these latest developments, around 0.30% of Worldpay, Inc. stocks are owned by institutional investors and hedge funds.