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

NIQ Global Intelligence plc (NYSE:NIQ) saw a significant decline in short interest in the month of May. As of May 29th, there was short interest totaling 6,507,043 shares, a decline of 46.5% from the May 14th total of 12,172,670 shares. Based on an average trading volume of 1,771,908 shares, the days-to-cover ratio is currently 3.7 days. Approximately 2.3% of the shares of the company are short sold.

Wall Street Analysts Forecast Growth

NIQ has been the subject of a number of analyst reports. Robert W. Baird decreased their price target on NIQ Global Intelligence from $20.00 to $14.00 and set an “outperform” rating for the company in a report on Friday, May 15th. Deutsche Bank Aktiengesellschaft set a $14.00 price target on NIQ Global Intelligence in a report on Friday, May 15th. UBS Group decreased their price target on NIQ Global Intelligence from $24.00 to $21.00 and set a “buy” rating for the company in a report on Friday, May 15th. Needham & Company LLC reduced their target price on NIQ Global Intelligence from $21.00 to $12.00 and set a “buy” rating for the company in a research note on Friday, May 15th. Finally, Wells Fargo & Company reduced their target price on NIQ Global Intelligence from $18.00 to $13.00 and set an “overweight” rating for the company in a research note on Friday, May 15th. Twelve analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $17.58.

NIQ Global Intelligence Price Performance

Shares of NIQ stock traded down $0.24 during trading hours on Tuesday, hitting $8.30. 459,460 shares of the company’s stock were exchanged, compared to its average volume of 1,416,172. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 3.01. The firm has a market cap of $2.45 billion and a P/E ratio of -6.58. The firm has a 50 day moving average of $9.84 and a two-hundred day moving average of $12.67. NIQ Global Intelligence has a fifty-two week low of $7.93 and a fifty-two week high of $20.39.

NIQ Global Intelligence (NYSE:NIQ) last announced its earnings results on Thursday, May 14th. The company reported $0.15 earnings per share for the quarter, topping the consensus estimate of $0.10 by $0.05. The business had revenue of $1.07 billion during the quarter, compared to the consensus estimate of $1.05 billion. NIQ Global Intelligence had a positive return on equity of 10.30% and a negative net margin of 7.78%.NIQ Global Intelligence’s revenue was up 11.1% on a year-over-year basis. 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. Sell-side analysts forecast that NIQ Global Intelligence will post 0.89 EPS for the current year.

Insider Transactions at NIQ Global Intelligence

In related news, insider James M. Peck purchased 118,625 shares of the firm’s stock in a transaction on Monday, May 18th. The stock was bought at an average cost of $8.43 per share, with a total value of $1,000,008.75. Following the completion of the acquisition, the insider owned 424,683 shares of the company’s stock, valued at $3,580,077.69. The trade was a 38.76% increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 3.80% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in NIQ. State of Wyoming acquired a new position in NIQ Global Intelligence in the 3rd quarter valued at $55,000. Rhumbline Advisers acquired a new position in NIQ Global Intelligence in the 3rd quarter valued at $597,000. TimesSquare Capital Management LLC acquired a new position in NIQ Global Intelligence in the 3rd quarter valued at $9,249,000. PNC Financial Services Group Inc. acquired a new position in NIQ Global Intelligence in the 3rd quarter valued at $251,000. Finally, Vanguard Group Inc. acquired a new position in NIQ Global Intelligence in the 3rd quarter valued at $63,188,000.

NIQ Global Intelligence Company Profile

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.