NIQ Global Intelligence (NYSE:NIQ) Reaches New 52-Week Low – Here’s What Happened

Shares of NIQ Global Intelligence plc (NYSE:NIQGet Free Report) hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as $7.93 and last traded at $8.0450, with a volume of 310781 shares. The stock had previously closed at $8.17.

Analyst Ratings Changes

Several equities analysts have recently commented on NIQ shares. BMO Capital Markets reduced their price objective on NIQ Global Intelligence from $16.00 to $11.00 and set an “outperform” rating on the stock in a research report on Monday, May 18th. Royal Bank Of Canada cut their target price on NIQ Global Intelligence from $20.00 to $13.00 and set an “outperform” rating for the company in a research note on Friday, May 15th. Wall Street Zen upgraded shares of NIQ Global Intelligence from a “hold” rating to a “buy” rating in a research report on Saturday, May 16th. Wells Fargo & Company decreased their price target on shares of NIQ Global Intelligence from $18.00 to $13.00 and set an “overweight” rating on the stock in a research note on Friday, May 15th. Finally, Needham & Company LLC lowered their price objective on shares of NIQ Global Intelligence from $21.00 to $12.00 and set a “buy” rating for the company in a report on Friday, May 15th. Twelve analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, NIQ Global Intelligence presently has a consensus rating of “Moderate Buy” and an average target price of $17.58.

Read Our Latest Research Report on NIQ Global Intelligence

NIQ Global Intelligence Stock Up 0.1%

The stock has a market cap of $2.41 billion and a P/E ratio of -6.50. 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 company has a 50-day simple moving average of $9.72 and a two-hundred day simple moving average of $12.58.

NIQ Global Intelligence (NYSE:NIQGet Free Report) last issued its earnings results on Thursday, May 14th. The company reported $0.15 EPS for the quarter, topping the consensus estimate of $0.10 by $0.05. The company had revenue of $1.07 billion for the quarter, compared to the consensus estimate of $1.05 billion. NIQ Global Intelligence had a negative net margin of 7.78% and a positive return on equity of 10.30%. 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. On average, equities analysts forecast that NIQ Global Intelligence plc will post 0.89 EPS for the current year.

Insider Activity at NIQ Global Intelligence

In other news, insider James M. Peck bought 118,625 shares of the company’s stock in a transaction dated Monday, May 18th. The stock was bought at an average cost of $8.43 per share, for a total transaction of $1,000,008.75. Following the completion of 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 position. The acquisition was disclosed in a filing with the SEC, which is available at this hyperlink. Company insiders own 3.80% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the business. DekaBank Deutsche Girozentrale bought a new stake in shares of NIQ Global Intelligence in the 4th quarter worth approximately $9,891,000. UBS Group AG raised its holdings in shares of NIQ Global Intelligence by 77.1% during the fourth quarter. UBS Group AG now owns 3,725,386 shares of the company’s stock valued at $61,432,000 after acquiring an additional 1,622,238 shares in the last quarter. Governors Lane LP raised its holdings in shares of NIQ Global Intelligence by 76.9% during the fourth quarter. Governors Lane LP now owns 1,000,000 shares of the company’s stock valued at $16,490,000 after acquiring an additional 434,667 shares in the last quarter. Gabelli Funds LLC boosted its position in NIQ Global Intelligence by 17.9% during the 4th quarter. Gabelli Funds LLC now owns 472,000 shares of the company’s stock valued at $7,783,000 after acquiring an additional 71,762 shares in the last quarter. Finally, WINTON GROUP Ltd bought a new stake in NIQ Global Intelligence during the 4th quarter valued at approximately $1,419,000.

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

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