NIQ Global Intelligence plc (NYSE:NIQ) Short Interest Update

NIQ Global Intelligence plc (NYSE:NIQ) was the recipient of a significant drop in short interest in 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 currently 2.7 days. Approximately 1.3% of the company’s shares are sold short.

Analysts Set New Price Targets

NIQ has been the topic of a number of analyst reports. UBS Group upped their price target on NIQ Global Intelligence from $17.00 to $25.00 and gave the company a “buy” rating in a research report on Tuesday, September 1st. Deutsche Bank Aktiengesellschaft upped their target price on NIQ Global Intelligence from $14.00 to $15.00 and gave the company a “hold” rating in a report on Tuesday, August 11th. BMO Capital Markets set a $16.00 target price on shares of NIQ Global Intelligence in a research report on Wednesday, August 12th. Zacks Research upgraded shares of NIQ Global Intelligence from a “hold” rating to a “strong-buy” rating in a report on Thursday, August 20th. Finally, Royal Bank Of Canada boosted their price target on shares of NIQ Global Intelligence from $13.00 to $17.00 and gave the stock an “outperform” rating in a research report on Tuesday, August 11th. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, NIQ Global Intelligence currently has a consensus rating of “Moderate Buy” and a consensus target price of $18.50.

NIQ Global Intelligence Trading Up 1.2%

NYSE NIQ opened at $18.16 on Friday. The stock has a market capitalization of $5.36 billion, a P/E ratio of -14.89 and a beta of -0.24. The business has a 50 day simple moving average of $15.27 and a 200 day simple moving average of $11.98. 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 one year low of $7.93 and a one year high of $19.69.

NIQ Global Intelligence (NYSE:NIQ) last issued its quarterly 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 firm 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. Research analysts expect that NIQ Global Intelligence will post 0.99 earnings per share for the current year.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. BlueCrest Capital Management Ltd grew its stake in NIQ Global Intelligence by 50.0% in the second quarter. BlueCrest Capital Management Ltd now owns 300,000 shares of the company’s stock valued at $2,805,000 after acquiring an additional 100,000 shares during the period. Engineers Gate Manager LP acquired a new position in shares of NIQ Global Intelligence during the second quarter worth approximately $1,199,000. Squarepoint Ops LLC raised its position in shares of NIQ Global Intelligence by 209.6% during the second quarter. Squarepoint Ops LLC now owns 266,414 shares of the company’s stock worth $2,491,000 after purchasing an additional 180,372 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in shares of NIQ Global Intelligence in the 2nd quarter worth $108,000. Finally, Readystate Asset Management LP lifted its holdings in shares of NIQ Global Intelligence by 9.6% in the 2nd quarter. Readystate Asset Management LP now owns 164,375 shares of the company’s stock worth $1,537,000 after purchasing an additional 14,375 shares in the last quarter.

About NIQ Global Intelligence

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.