NIQ Global Intelligence plc (NYSE:NIQ) Short Interest Down 46.5% in May

NIQ Global Intelligence plc (NYSE:NIQGet Free Report) was the recipient of a large decrease in short interest in May. As of May 29th, there was short interest totaling 6,507,043 shares, a decrease of 46.5% from the May 14th total of 12,172,670 shares. Approximately 2.3% of the company’s stock are sold short. Based on an average daily volume of 1,771,908 shares, the short-interest ratio is currently 3.7 days.

NIQ Global Intelligence Stock Performance

NYSE:NIQ traded up $0.12 during mid-day trading on Friday, hitting $8.28. The stock had a trading volume of 1,056,488 shares, compared to its average volume of 1,541,972. NIQ Global Intelligence has a twelve month low of $7.93 and a twelve month high of $20.39. The stock has a market cap of $2.44 billion and a price-to-earnings ratio of -6.57. The company’s 50 day simple moving average is $9.90 and its 200 day simple moving average is $12.74. The company has a debt-to-equity ratio of 3.01, a quick ratio of 1.07 and a current ratio of 1.07.

NIQ Global Intelligence (NYSE:NIQGet Free Report) last issued its earnings results on Thursday, May 14th. The company reported $0.15 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.10 by $0.05. NIQ Global Intelligence had a negative net margin of 7.78% and a positive return on equity of 10.30%. The business had revenue of $1.07 billion during the quarter, compared to the consensus estimate of $1.05 billion. The firm’s revenue for the quarter was up 11.1% compared to the same quarter last year. NIQ Global Intelligence has set its FY 2026 guidance at 0.950-0.990 EPS and its Q2 2026 guidance at 0.190-0.21 EPS. On average, equities research analysts forecast that NIQ Global Intelligence will post 0.89 earnings per share for the current year.

Insider Transactions at NIQ Global Intelligence

In other news, insider James M. Peck bought 118,625 shares of the stock in a transaction on Monday, May 18th. The stock was purchased at an average price of $8.43 per share, for a total transaction of $1,000,008.75. Following the acquisition, the insider owned 424,683 shares in the company, valued at approximately $3,580,077.69. This trade represents a 38.76% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Company insiders own 3.80% of the company’s stock.

Institutional Investors Weigh In On NIQ Global Intelligence

Several hedge funds have recently bought and sold shares of NIQ. Clearstead Advisors LLC acquired a new stake in NIQ Global Intelligence during the third quarter worth approximately $26,000. Deutsche Bank AG acquired a new stake in NIQ Global Intelligence during the fourth quarter worth approximately $38,000. BNP Paribas Financial Markets acquired a new stake in NIQ Global Intelligence during the third quarter worth approximately $44,000. State of Wyoming acquired a new stake in NIQ Global Intelligence during the third quarter worth approximately $55,000. Finally, Legal & General Group Plc acquired a new stake in NIQ Global Intelligence during the third quarter worth approximately $76,000.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the company. Royal Bank Of Canada decreased their price objective on NIQ Global Intelligence from $20.00 to $13.00 and set an “outperform” rating for the company in a report on Friday, May 15th. Deutsche Bank Aktiengesellschaft set a $14.00 price objective on NIQ Global Intelligence in a report on Friday, May 15th. BMO Capital Markets decreased their price objective on NIQ Global Intelligence from $16.00 to $11.00 and set an “outperform” rating for the company in a report on Monday, May 18th. Citigroup cut their target price on shares of NIQ Global Intelligence from $17.50 to $16.00 and set a “neutral” rating for the company in a research note on Friday, March 6th. Finally, Robert W. Baird cut their target price on shares of NIQ Global Intelligence from $20.00 to $14.00 and set an “outperform” rating for the company in a research note on Friday, May 15th. Twelve analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $17.58.

View Our Latest Stock Analysis on NIQ Global Intelligence

NIQ Global Intelligence Company Profile

(Get Free Report)

Nuveen Intermediate Duration Quality Municipal Term Fund is a close ended fixed income mutual fund launched by Nuveen Investments Inc The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests into public fixed income markets of the United States. The fund seeks to invest in stocks of companies that are operating across diversified sectors. It primarily invests in municipal securities that are exempt from federal income taxes, and seeks to maintain a portfolio with an intermediate effective duration of between 3 and 10 years, including the effects of leverage.

Further Reading

Receive News & Ratings for NIQ Global Intelligence Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NIQ Global Intelligence and related companies with MarketBeat.com's FREE daily email newsletter.