NIQ Global Intelligence (NYSE:NIQ) Trading Up 7.5% – Time to Buy?

NIQ Global Intelligence plc (NYSE:NIQ) shot up 7.5% during mid-day trading on Friday . The stock traded as high as $8.53 and last traded at $8.57. 219,663 shares changed hands during mid-day trading, a decline of 84% from the average session volume of 1,406,963 shares. The stock had previously closed at $7.97.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on NIQ. UBS Group dropped their price target on shares of NIQ Global Intelligence from $24.00 to $21.00 and set a “buy” rating for the company in a research note on Friday, May 15th. BMO Capital Markets lowered their target price on shares of NIQ Global Intelligence from $16.00 to $11.00 and set an “outperform” rating for the company in a report on Monday, May 18th. Needham & Company LLC dropped their target price on shares of NIQ Global Intelligence from $21.00 to $12.00 and set a “buy” rating for the company in a research report on Friday, May 15th. Royal Bank Of Canada dropped their target price on shares of NIQ Global Intelligence from $20.00 to $13.00 and set an “outperform” rating for the company in a research report on Friday, May 15th. Finally, Robert W. Baird cut their price target on NIQ Global Intelligence from $20.00 to $14.00 and set an “outperform” rating on the stock in a research note on Friday, May 15th. Twelve investment 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 MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $17.58.

NIQ Global Intelligence Price Performance

The company’s 50 day simple moving average is $9.39 and its 200 day simple moving average is $12.27. The company has a debt-to-equity ratio of 3.01, a current ratio of 1.07 and a quick ratio of 1.07. The stock has a market cap of $2.53 billion and a P/E ratio of -6.80.

NIQ Global Intelligence (NYSE:NIQ) last announced its quarterly earnings results on Thursday, May 14th. The company reported $0.15 earnings per share for the quarter, topping analysts’ consensus estimates 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 company had revenue of $1.07 billion for the quarter, compared to analysts’ expectations 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. As a group, equities analysts forecast that NIQ Global Intelligence plc will post 0.89 earnings per share for the current year.

Insiders Place Their Bets

In other NIQ Global Intelligence news, insider James M. Peck bought 118,625 shares of the firm’s stock in a transaction on Monday, May 18th. The stock was purchased at an average cost of $8.43 per share, with a total value of $1,000,008.75. Following the completion of the purchase, the insider owned 424,683 shares in the company, valued at approximately $3,580,077.69. The trade was a 38.76% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Corporate insiders own 3.80% of the company’s stock.

Hedge Funds Weigh In On NIQ Global Intelligence

Several institutional investors have recently modified their holdings of NIQ. Bank of America Corp DE grew its position in shares of NIQ Global Intelligence by 67.0% in the 1st quarter. Bank of America Corp DE now owns 715,912 shares of the company’s stock valued at $8,140,000 after purchasing an additional 287,129 shares during the period. The Manufacturers Life Insurance Company bought a new position in NIQ Global Intelligence in the first quarter valued at approximately $280,000. Quantinno Capital Management LP boosted its holdings in shares of NIQ Global Intelligence by 271.3% in the first quarter. Quantinno Capital Management LP now owns 585,757 shares of the company’s stock valued at $6,660,000 after buying an additional 428,019 shares during the period. Lazard Asset Management LLC boosted its holdings in shares of NIQ Global Intelligence by 52.2% in the first quarter. Lazard Asset Management LLC now owns 531,216 shares of the company’s stock valued at $6,040,000 after buying an additional 182,300 shares during the period. Finally, Renaissance Technologies LLC bought a new stake in shares of NIQ Global Intelligence during the first quarter worth $370,000.

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.