NiSource Inc (NYSE: NI) kicked off on Monday, down -1.21% from the previous trading day, before settling in for the closing price of $37.06. Over the past 52 weeks, NI has traded in a range of $24.80-$38.56.
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A company in the Utilities sector has jumped its sales by 1.98% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded 8.40%. With a float of $465.65 million, this company’s outstanding shares have now reached $466.71 million.
In an organization with 7411 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 53.25%, operating margin of 26.58%, and the pretax margin is 17.73%.
NiSource Inc (NI) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Utilities – Regulated Gas Industry. The insider ownership of NiSource Inc is 0.24%, while institutional ownership is 96.25%. The most recent insider transaction that took place on Aug 21 ’24, was worth 216,975. In this transaction EVP & CFO of this company sold 6,730 shares at a rate of $32.24, taking the stock ownership to the 165,281 shares. Before that another transaction happened on Aug 19 ’24, when Company’s EVP, Chief Op & Safety Officer sold 4,364 for $32.07, making the entire transaction worth $139,953. This insider now owns 33,129 shares in total.
NiSource Inc (NI) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.89 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 8.40% per share during the next fiscal year.
NiSource Inc (NYSE: NI) Trading Performance Indicators
Take a look at NiSource Inc’s (NI) current performance indicators. Last quarter, stock had a quick ratio of 0.35. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.23.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.65, a number that is poised to hit 0.52 in the next quarter and is forecasted to reach 1.86 in one year’s time.
Technical Analysis of NiSource Inc (NI)
Let’s dig in a bit further. During the last 5-days, its volume was 4.26 million. That was better than the volume of 4.03 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 11.57%. Additionally, its Average True Range was 0.53.
During the past 100 days, NiSource Inc’s (NI) raw stochastic average was set at 76.66%, which indicates a significant increase from 4.66% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 14.03% in the past 14 days, which was lower than the 14.83% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $35.71, while its 200-day Moving Average is $31.06. However, in the short run, NiSource Inc’s stock first resistance to watch stands at $36.98. Second resistance stands at $37.34. The third major resistance level sits at $37.57. If the price goes on to break the first support level at $36.38, it is likely to go to the next support level at $36.15. The third support level lies at $35.78 if the price breaches the second support level.
NiSource Inc (NYSE: NI) Key Stats
The company with the Market Capitalisation of 17.09 billion has total of 466,779K Shares Outstanding. Its annual sales at the moment are 5,505 M in contrast with the sum of 714,300 K annual income. Company’s last quarter sales were recorded 1,076 M and last quarter income was 85,700 K.
