Stock analysis · Bull Rankings model

NI analysis

NiSource Inc.Utilities - Regulated Gas. Scored on the same transparent model behind the daily rankings.

NI
NiSource Inc. · Utilities - Regulated Gas
FCF-$1.1bF
Rev+17.0%B+
D/E1.47B
P/S1.7xA-
PEG2.37C
55.7Score
$40.62$19.5B
1Y Target$50.07Analyst consensus · 14 analysts
5Y Target$87.58Compound horizon
10Y Target$156.51Long-dated conviction
FCF-$1.1bTTM
F
FCF is negative (-$1.1b) — cash-burning phase; acceptable only for pre-profit spec names
Rev+17.0%TTM YoY
B+
Revenue +17.0% — above sector median, healthy trajectory
D/E1.47
B
D/E 1.47 — near the Utilities debt median (≈60th pctile)
P/S1.7x
A-
P/S 1.7x — cheaper than most Utilities peers (≈25th pctile)
PEG2.37
C
PEG 2.37 — expensive relative to growth rate

Forward price target — the 1-year figure is the analyst consensus where the stock is covered; the 5- and 10-year figures compound our earnings estimate from there. The DCF below is a separate cross-check on intrinsic value (what it's worth today), not another target.

Quality-growth score · 55.7
Quality51.6
Growth81.0
Value41.2
Why this score
  • Raising its dividend
Entry · Margin of safety
52-week rangeNear 52-week low
17% off the 12-month high
Quality signals · context only
Gross profitability26% · Bgross profit ÷ total assets (Novy-Marx)
ROIC8.8% · Breturn on invested capital — not score-weighted

Model-generatedGenerated by the Bull Rankings model from this company's reported fundamentals, and checked against the figures shown above.

Why now
Utilities - Regulated Gas · market cap $19.5b. 17% off the 52-week high of $49.21. Revenue growing +17%, comfortably above the S&P median. 14 sell-side analysts rate this a Buy with a mean 1-yr target of $50.07 (implying +23% upside).
Moat
Higher-variance name — the moat signals on the quantitative card are modest, so the durability case rests on execution (turning current growth into durable earnings power) or an un-monetized asset (IP / network effects / first-mover position) rather than an entrenched competitive position.
Risk
Free cash flow is negative (-$1.1b) — capital raises or debt issuance likely required; dilution / leverage risk. Production-cost sensitivity — top-quartile cost producers generate cash through the cycle while marginal producers burn it; watch the cost-per-unit trend, not just headline revenue.
Horizon
1-3 yr $50.07 (14-analyst consensus) — catalyst-driven; binary events dominate. 5 yr $87.58 — requires the platform / technology to reach commercial scale. 10 yr $156.51 — return distribution heavily skewed.
Not investment advice. The Bull Rankings publishes a quantitative ranking model and accompanying analysis for general informational purposes only. Nothing on this page is a recommendation to buy, sell, or hold any security; nothing is personalized to your circumstances, risk tolerance, or tax situation. Investing carries the risk of loss — invest at your own risk and consider consulting a licensed financial professional before acting on anything you read here. See terms and methodology for full disclosures.

NI vs the Top Picks average

PillarNIBook avgDiff
Quality0.520.84-0.32
Growth0.810.84-0.03
Value0.410.78-0.37

Averaged across the 30 names in today's Top Picks (mean score 81.5). A name can beat these averages and still be absent from the book — it also applies concentration limits.

Trend
+1.7 over 47 daily scores
From 54.0 (Jun 22) → 55.7 (now)

One point per daily model run. The range autoscales, so a flat-looking line can still hide 1–2 point moves — read the From → To values for the actual range.

Analyst estimate revisions

30-day change+0.0%
90-day change+0.5%
Forward EPS estimate$2.25

Over the last 90 days, what analysts expect NI to earn is essentially unchanged. The estimate is derived from price and forward P/E captured at the same instant, so a moving share price does not move this number — only a changed forecast does.

A rising estimate means expectations are improving, not that the price has failed to keep up — and estimates get cut as readily as they get raised. It is not part of the Bull Rankings score. Biggest movers across the market →

Shares to buy
49
Position size
$1,990
4.0% of portfolio
Stop price
$30.46
25% below $40.62
$ at risk if stopped
$497.59
budget $500.00 · 1% of portfolio

Math only — share count is floor(portfolio × risk% ÷ (price × stop%)). Doesn't account for commissions, slippage, gap risk, or position-correlation across your book. Inputs persist locally; never sent to the server. Not investment advice.

NiSource Inc. (NI): score, valuation & FAQ

NiSource Inc. (NI) is a Utilities - Regulated Gas company that scores 55.7 out of 100 on the Bull Rankings quality-growth model — a middling reading. The score blends three pillars — quality (durable returns, healthy margins, low leverage), growth (revenue and earnings), and value (valuation versus sector peers) — into one number, refreshed daily; it is a screen, not a buy recommendation.

Its strongest graded signals are P/S (A-) and Rev (B+), while FCF (F) rate weaker.

Is NI a good stock to buy?

Bull Rankings scores NI 55.7 out of 100 on its quality-growth model, which is a middling reading. That is driven by P/S (A-) and Rev (B+). A score is a quantitative screen of NiSource Inc.'s fundamentals, not personalised financial advice — weigh it against your own time horizon and risk tolerance, and read the risk factors below before acting.

Why does NI score 55.7 on Bull Rankings?

The quality-growth score blends three pillars — quality (returns on capital, margins, leverage, earnings quality), growth (revenue and earnings expansion), and value (valuation versus sector peers). NI earns its highest marks on P/S (A-) and Rev (B+), and is held back by FCF (F). Each pillar is graded against sector-aware thresholds, then combined into the single 0–100 score.

Is NI overvalued or undervalued?

We don't compute a reliable discounted-cash-flow value for NI — typically because it is not yet consistently profitable or free-cash-flow positive — so its valuation rests on growth and price-to-sales rather than on earnings-based intrinsic value. Judge it on the trajectory of the business, not a single multiple.

What are the main risks of investing in NI?

Free cash flow is negative (-$1.1b) — capital raises or debt issuance likely required; dilution / leverage risk. Production-cost sensitivity — top-quartile cost producers generate cash through the cycle while marginal producers burn it; watch the cost-per-unit trend, not just headline revenue.

New to these metrics? The guides explain free cash flow, how the score works, and more in the learn hub — or run another name through the screener.

Bull Rankings is an automated fundamentals screen for research and education. It is not investment advice, and nothing here is a recommendation to buy or sell any security. Do your own research and consider consulting a licensed financial advisor.

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