On Monday, NiSource Inc (NYSE: NI) opened higher 1.20% from the last session, before settling in for the closing price of $27.58. Price fluctuations for NI have ranged from $22.86 to $28.95 over the past 52 weeks.
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Annual sales at Utilities sector company grew by 1.98% over the past five years. Company’s average yearly earnings per share was noted 7.22% at the time writing. With a float of $444.91 million, this company’s outstanding shares have now reached $447.38 million.
Let’s look at the performance matrix of the company that is accounted for 7411 employees.
NiSource Inc (NI) Insider Updates
A key investor’s attitude towards the stock of the Utilities – Regulated Gas industry is another important factor to consider. The insider ownership of NiSource Inc is 0.59%, while institutional ownership is 92.53%. The most recent insider transaction that took place on Mar 15 ’24, was worth 25,133. In this transaction VP & Chief Accounting Officer of this company sold 950 shares at a rate of $26.46, taking the stock ownership to the 28,526 shares. Before that another transaction happened on Mar 06 ’24, when Company’s EVP & Chief Innovation Officer sold 37,490 for $26.78, making the entire transaction worth $1,003,982. This insider now owns 195,855 shares in total.
NiSource Inc (NI) Performance Highlights and Predictions
If we go through the results of last quarter, which was made public on 12/31/2023, the company posted 0.77 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 0.75) by 0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.16 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 7.22% per share during the next fiscal year.
NiSource Inc (NYSE: NI) Trading Performance Indicators
Check out the current performance indicators for NiSource Inc (NI). In the past quarter, the stock posted a quick ratio of 0.76. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.27.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.48, a number that is poised to hit 0.82 in the next quarter and is forecasted to reach 1.85 in one year’s time.
Technical Analysis of NiSource Inc (NI)
NiSource Inc (NYSE: NI) saw its 5-day average volume 3.79 million, a negative change from its year-to-date volume of 4.24 million. As of the previous 9 days, the stock’s Stochastic %D was 86.44%. Additionally, its Average True Range was 0.46.
During the past 100 days, NiSource Inc’s (NI) raw stochastic average was set at 96.59%, which indicates a significant increase from 93.77% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 15.45% in the past 14 days, which was lower than the 17.14% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $26.71, while its 200-day Moving Average is $26.40. Nevertheless, the first resistance level for the watch stands at $28.13 in the near term. At $28.35, the stock is likely to face the second major resistance level. The third major resistance level sits at $28.68. If the price goes on to break the first support level at $27.58, it is likely to go to the next support level at $27.25. Assuming the price breaks the second support level, the third support level stands at $27.03.
NiSource Inc (NYSE: NI) Key Stats
There are currently 448,188K shares outstanding in the company with a market cap of 12.49 billion. Presently, the company’s annual sales total 5,505 M according to its annual income of 714,300 K. Last quarter, the company’s sales amounted to 1,422 M and its income totaled 237,400 K.
