Hot Stock of the Day: NiSource Inc. (NYSE: NI)

On Monday, Shares of NiSource Inc. (NYSE: NI) rose 0.30% to $26.88. The stock recorded $26.80 as its minimum price and hit the max level of $27.01, during its most recent trading session. It traded total volume of 2.35M shares lower than the average volume of 2.90M shares.

NiSource Inc. (NI) stated first-quarter profit of $276.10M. On a per-share basis, the Merrillville, Indiana-based company said it had net income of 81 cents. Earnings, adjusted for non-recurring gains, came to 77 cents per share. The results matched Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was also for earnings of 77 cents per share.

The energy holding company posted revenue of $1.75B in the period.

NI has the market capitalization of $9.70B and its EPS growth ratio for the past five years was -22.20%. The return on assets ratio of the Company was 1.00% while its return on investment ratio stands at 3.60%. Price to sales ratio was 1.93 while 85.00% of the stock was owned by institutional investors.

Eric Clapton

Eric Clapton

I am Eric Clapton and has over 14 years experience in the financial services industry giving me a vast understanding of how news affects the financial markets. I am an active day trader spending the majority of my time analyzing earnings reports and watching commodities and derivatives. I have Masters Degree in Economics from Westminster University with previous roles counting Investment Banking.

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