What changed
$NI — AVOID 📊
NiSource Inc., an energy holding company, operates as a regulated natural gas and electric utility company in the United States.
🎯 Q2 2026 | Rev $2B | EPS $1.06 vs $1.05 🟢
💡 Consensus sees a safe yield play, but the market overlooks that the 23.7x P/E is at the 123rd percentile vs. a historical range of 11.0x–21.4x and a peer band of 12.0x–20.7x. My variant view: mean reversion will compress the multiple back toward its historical median of 13.1x, driving significant capital loss.
📉 Reward/risk: 0.3:1
🏢 Business Quality: 5/10
📊 Valuation: rich — P/E 23.7x vs. historical median 13.1x, peer average ~18.1x, and bear-case DCF-range $24.68 (-48%), base $40.6 (-15%), bull $48 (+0.8%);...
🔮 Catalyst: No positive catalyst; Q1 2026 earnings beat already released.
📊 Our read: AVOID. Full analysis →
https://stockduty.xyz/s/NI0625
Also in play: $KEYS $COHU $TER $AMAT $LRCX $TSM
Why it matters
NiSource Inc., an energy holding company, operates as a regulated natural gas and electric utility company in the United States.