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Is this Large Market Cap Stock target price reasonable for NiSource Inc. (NYSE:NI)?

The company in question is, NiSource Inc. (NYSE:NI) currently with a stock price of 22.83 (-0.31% today). The market cap for NiSource Inc. is 7453.03, and is in the sector Utilities, and Diversified Utilities industry. The target price for NiSource Inc. is 25.4. Currently NiSource Inc. is trading with a P/E of 25.39, and a forward P/E of 19.76. Average volume for NiSource Inc. is 2903.78 and so far today it is 1764335.

Performance in the last year for NiSource Inc. has been 23.58%. For EPS growth, NiSource Inc. has seen a growth of -28.80%, and is looking to grow in the next year to 7.91%. More long term stats show that EPS growth has been -10.20% over the last five years and could be -12.90% for the next five years. NiSource Inc. has seen sales growth quarter over quarter at -67.20%, with EPS growth quarter over quarter at -72.70%. The 20-day simple moving average is -5.61%, with the 200-day simple moving average coming to -1.90%.

Since the IPO date for NiSource Inc. on the 10/19/1984, NiSource Inc. has seen performance year to date to be 19.82%. With NiSource Inc. trading at 22.83, the dividend yield is 2.79%, and the EPS is 0.9.

So could NiSource Inc., be undervalued? Well as said before P/E is 25.39. The PEG is *TBA, P/S is 1.75 and the P/B is at 1.93. The P/cash is 474.72, with P/free cash flow at *TBA.

NiSource Inc. ability to deal with debt shows that the current ratio is 0.5, and the quick ratio is 0.3. This is with long term debt/equity at 1.54, and total debt/equity at 1.91.

In terms of margins, NiSource Inc. has a gross margin of 69.90%, an operating margin of 20.00% and a profit margin of 6.20%.Payout ratio for NiSource Inc. is 95.60%. Return on assets come to 1.50% with return on investment coming to 5.20%.

Insider ownership for NiSource Inc., is at 0.30% and institutional ownership comes to 85.10%. Outstanding shares are at 325.46. While shares float is 320.9. The float short is currently 2.96%, and short ratio is 3.27.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

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Tony Dabbs

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