NIQ Global Intelligence plc (NYSE:NIQ) Short Interest Down 33.2% in August

NIQ Global Intelligence plc (NYSE:NIQ) was the target of a significant drop in short interest during the month of August. As of August 31st, there was short interest totaling 3,570,762 shares, a drop of 33.2% from the August 15th total of 5,349,343 shares. Based on an average daily volume of 1,340,923 shares, the days-to-cover ratio is presently 2.7 days. Approximately 1.3% of the company’s shares are short sold.

NIQ Global Intelligence Stock Up 0.2%

NYSE NIQ traded up $0.04 on Friday, hitting $17.99. The stock had a trading volume of 118,105 shares, compared to its average volume of 1,460,562. The business’s fifty day moving average price is $15.13 and its 200 day moving average price is $11.93. The stock has a market cap of $5.31 billion, a price-to-earnings ratio of -14.80 and a beta of -0.24. The company has a debt-to-equity ratio of 3.01, a current ratio of 1.09 and a quick ratio of 1.09. NIQ Global Intelligence has a 52-week low of $7.93 and a 52-week high of $19.69.

NIQ Global Intelligence (NYSE:NIQ) last announced its earnings results on Monday, August 10th. The company reported $0.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.20 by $0.07. The company had revenue of $1.12 billion for the quarter, compared to analyst estimates of $1.11 billion. NIQ Global Intelligence had a positive return on equity of 14.84% and a negative net margin of 8.01%.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. Equities research analysts anticipate that NIQ Global Intelligence will post 0.99 earnings per share for the current year.

Institutional Trading of NIQ Global Intelligence

Several institutional investors and hedge funds have recently bought and sold shares of the business. Alamut Investment Management LLP increased its holdings in shares of NIQ Global Intelligence by 68.3% in the 4th quarter. Alamut Investment Management LLP now owns 1,918,538 shares of the company’s stock valued at $31,637,000 after acquiring an additional 778,674 shares during the period. Norges Bank acquired a new stake in NIQ Global Intelligence during the 4th quarter worth $26,384,000. Governors Lane LP boosted its stake in NIQ Global Intelligence by 76.9% during the 4th quarter. Governors Lane LP now owns 1,000,000 shares of the company’s stock worth $16,490,000 after purchasing an additional 434,667 shares during the period. Bank of America Corp DE grew its position in NIQ Global Intelligence by 67.0% during the 1st quarter. Bank of America Corp DE now owns 715,912 shares of the company’s stock worth $8,140,000 after purchasing an additional 287,129 shares during the last quarter. Finally, Quantinno Capital Management LP grew its position in NIQ Global Intelligence by 271.3% during the 1st quarter. Quantinno Capital Management LP now owns 585,757 shares of the company’s stock worth $6,660,000 after purchasing an additional 428,019 shares during the last quarter.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the stock. Royal Bank Of Canada lifted their price objective on shares of NIQ Global Intelligence from $13.00 to $17.00 and gave the company an “outperform” rating in a report on Tuesday, August 11th. Wells Fargo & Company lifted their price target on shares of NIQ Global Intelligence from $13.00 to $16.50 and gave the company an “overweight” rating in a research note on Tuesday, August 11th. Citigroup reissued a “neutral” rating on shares of NIQ Global Intelligence in a research note on Wednesday, August 12th. BMO Capital Markets set a $16.00 price target on NIQ Global Intelligence in a research note on Wednesday, August 12th. Finally, Robert W. Baird upped their price objective on shares of NIQ Global Intelligence from $17.00 to $23.00 and gave the stock an “outperform” rating in a research note on Friday, August 28th. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $18.50.

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.