NIQ Global Intelligence (NYSE:NIQ) Trading Up 6.3% – Here’s What Happened

NIQ Global Intelligence plc (NYSE:NIQ)’s stock price shot up 6.3% during mid-day trading on Tuesday . The company traded as high as $10.52 and last traded at $10.4350. 111,130 shares were traded during trading, a decline of 92% from the average daily volume of 1,414,412 shares. The stock had previously closed at $9.82.

Wall Street Analysts Forecast Growth

A number of research firms have commented on NIQ. Wells Fargo & Company lowered their price objective on 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. Royal Bank Of Canada reduced their target price on NIQ Global Intelligence from $20.00 to $13.00 and set an “outperform” rating on the stock in a report on Friday, May 15th. Robert W. Baird decreased their price target on NIQ Global Intelligence from $20.00 to $14.00 and set an “outperform” rating on the stock in a research 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 on the stock in a research report on Friday, May 15th. Finally, Needham & Company LLC dropped their price target 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. Twelve analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $17.58.

NIQ Global Intelligence Price Performance

The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 3.01. The firm has a market cap of $3.16 billion and a price-to-earnings ratio of -8.47. The company’s 50-day moving average is $9.10 and its 200-day moving average is $11.97.

NIQ Global Intelligence (NYSE:NIQ) last announced its quarterly earnings data on Thursday, May 14th. The company reported $0.15 EPS for the quarter, beating the consensus estimate of $0.10 by $0.05. NIQ Global Intelligence had a negative net margin of 7.78% and a positive return on equity of 10.30%. The business had revenue of $1.07 billion during the quarter, compared to the consensus estimate of $1.05 billion. NIQ Global Intelligence’s quarterly 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. Equities research analysts predict that NIQ Global Intelligence plc will post 0.89 earnings per share for the current year.

Insider Activity at NIQ Global Intelligence

In other NIQ Global Intelligence news, insider James M. Peck acquired 118,625 shares of the company’s stock in a transaction that occurred on Monday, May 18th. The stock was acquired at an average cost of $8.43 per share, for a total transaction of $1,000,008.75. Following the transaction, the insider directly owned 424,683 shares in the company, valued at $3,580,077.69. This represents a 38.76% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is available through this link. Company insiders own 3.80% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Advent International L.P. acquired a new stake in shares of NIQ Global Intelligence in the third quarter valued at about $2,345,270,000. SurgoCap Partners LP bought a new position in shares of NIQ Global Intelligence during the 3rd quarter worth approximately $91,971,000. Ameriprise Financial Inc. acquired a new stake in shares of NIQ Global Intelligence during the 3rd quarter worth approximately $78,791,000. Alliancebernstein L.P. acquired a new position in shares of NIQ Global Intelligence during the 3rd quarter valued at $49,891,000. Finally, Ensign Peak Advisors Inc acquired a new stake in NIQ Global Intelligence in the fourth quarter worth $46,840,000.

About NIQ Global Intelligence

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.