NIQ Global Intelligence plc (NYSE:NIQ) Sees Large Decrease in Short Interest

NIQ Global Intelligence plc (NYSE:NIQ) was the target of a large decrease in short interest in August. As of August 31st, there was short interest totaling 3,570,762 shares, a decrease of 33.2% from the August 15th total of 5,349,343 shares. Currently, 1.3% of the shares of the stock are short sold. Based on an average trading volume of 1,340,923 shares, the short-interest ratio is currently 2.7 days.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of NIQ. Blue Trust Inc. boosted its holdings in NIQ Global Intelligence by 3.4% in the first quarter. Blue Trust Inc. now owns 28,734 shares of the company’s stock valued at $327,000 after purchasing an additional 948 shares during the last quarter. Clearstead Advisors LLC increased its position in shares of NIQ Global Intelligence by 195.9% in the fourth quarter. Clearstead Advisors LLC now owns 4,900 shares of the company’s stock valued at $81,000 after buying an additional 3,244 shares in the last quarter. Public Employees Retirement System of Ohio raised its position in NIQ Global Intelligence by 41.2% during the first quarter. Public Employees Retirement System of Ohio now owns 20,225 shares of the company’s stock worth $230,000 after acquiring an additional 5,899 shares during the period. Gamco Investors INC. ET AL raised its position in shares of NIQ Global Intelligence by 6.4% during the 1st quarter. Gamco Investors INC. ET AL now owns 103,860 shares of the company’s stock worth $1,181,000 after purchasing an additional 6,225 shares during the last quarter. Finally, Bank of New York Mellon Corp raised its holdings in shares of NIQ Global Intelligence by 10.6% during the first quarter. Bank of New York Mellon Corp now owns 77,476 shares of the company’s stock valued at $881,000 after acquiring an additional 7,454 shares during the last quarter.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the stock. Wells Fargo & Company increased their price target on shares of NIQ Global Intelligence from $13.00 to $16.50 and gave the company an “overweight” rating in a report on Tuesday, August 11th. Stifel Nicolaus upped their price target on shares of NIQ Global Intelligence from $16.00 to $17.00 and gave the company a “buy” rating in a report on Tuesday, August 11th. Weiss Ratings reiterated a “sell (e+)” rating on shares of NIQ Global Intelligence in a research report on Monday, July 6th. Deutsche Bank Aktiengesellschaft boosted their price target on NIQ Global Intelligence from $14.00 to $15.00 and gave the company a “hold” rating in a report on Tuesday, August 11th. Finally, Citigroup reiterated a “neutral” rating on shares of NIQ Global Intelligence in a report on Wednesday, August 12th. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $18.50.

NIQ Global Intelligence Stock Up 0.3%

NYSE:NIQ traded up $0.05 during mid-day trading on Thursday, hitting $17.88. 510,344 shares of the company’s stock traded hands, compared to its average volume of 1,464,715. NIQ Global Intelligence has a twelve month low of $7.93 and a twelve month high of $19.69. The company has a debt-to-equity ratio of 3.01, a quick ratio of 1.09 and a current ratio of 1.09. The company has a market capitalization of $5.27 billion, a P/E ratio of -14.63 and a beta of -0.24. The company has a fifty day moving average of $15.00 and a 200 day moving average of $11.89.

NIQ Global Intelligence (NYSE:NIQ) last released its earnings results on Monday, August 10th. The company reported $0.27 EPS for the quarter, topping analysts’ consensus estimates of $0.20 by $0.07. NIQ Global Intelligence had a negative net margin of 8.01% and a positive return on equity of 14.84%. The company had revenue of $1.12 billion during the quarter, compared to analysts’ expectations of $1.11 billion. NIQ Global Intelligence has set its FY 2026 guidance at 1.080-1.120 EPS and its Q3 2026 guidance at 0.220-0.240 EPS. On average, analysts forecast that NIQ Global Intelligence will post 0.99 EPS for the current year.

NIQ Global Intelligence Company Profile

NIQ Global Intelligence plc, formerly known as NielsenIQ, is a global consumer intelligence and market measurement company. It provides data, analytics and technology that help consumer goods manufacturers, retailers and other businesses understand purchasing behavior, evaluate market performance and make decisions about products, pricing, distribution and marketing.

The company’s services include retail sales measurement, consumer panel data, market research, business intelligence, analytics and software solutions.