Rosenblatt Securities Increases Quad/Graphics (NYSE:QUAD) Price Target to $10.30

Quad/Graphics (NYSE:QUAD) had its price objective raised by Rosenblatt Securities from $7.70 to $10.30 in a research note published on Monday,Benzinga reports. Rosenblatt Securities currently has a buy rating on the business services provider’s stock.

A number of other research firms have also commented on QUAD. StockNews.com raised Quad/Graphics from a “buy” rating to a “strong-buy” rating in a research note on Saturday, October 26th. Barrington Research increased their price objective on shares of Quad/Graphics from $8.50 to $10.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 30th.

Quad/Graphics Trading Up 1.0 %

Shares of NYSE QUAD opened at $7.24 on Monday. The firm has a 50 day moving average price of $5.90 and a two-hundred day moving average price of $5.32. The stock has a market cap of $377.35 million, a P/E ratio of -4.33 and a beta of 1.57. Quad/Graphics has a 52-week low of $4.06 and a 52-week high of $7.94. The company has a debt-to-equity ratio of 8.35, a quick ratio of 0.56 and a current ratio of 0.85.

Quad/Graphics (NYSE:QUAD) last posted its quarterly earnings data on Monday, October 28th. The business services provider reported $0.26 earnings per share for the quarter, beating analysts’ consensus estimates of $0.20 by $0.06. The business had revenue of $674.80 million during the quarter, compared to the consensus estimate of $654.90 million. Quad/Graphics had a positive return on equity of 42.63% and a negative net margin of 2.82%. During the same period in the prior year, the business posted $0.11 earnings per share. As a group, equities analysts forecast that Quad/Graphics will post 0.84 EPS for the current year.

Quad/Graphics Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 6th. Shareholders of record on Monday, November 18th will be issued a $0.05 dividend. The ex-dividend date of this dividend is Monday, November 18th. This represents a $0.20 dividend on an annualized basis and a yield of 2.76%. Quad/Graphics’s payout ratio is currently -12.12%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the stock. EMC Capital Management increased its stake in Quad/Graphics by 11.7% in the first quarter. EMC Capital Management now owns 25,020 shares of the business services provider’s stock valued at $133,000 after purchasing an additional 2,623 shares in the last quarter. Cubist Systematic Strategies LLC increased its position in Quad/Graphics by 20.7% in the 2nd quarter. Cubist Systematic Strategies LLC now owns 23,486 shares of the business services provider’s stock valued at $128,000 after buying an additional 4,023 shares in the last quarter. Martingale Asset Management L P boosted its holdings in Quad/Graphics by 5.4% in the third quarter. Martingale Asset Management L P now owns 93,712 shares of the business services provider’s stock worth $425,000 after acquiring an additional 4,808 shares in the last quarter. Exchange Traded Concepts LLC boosted its holdings in Quad/Graphics by 3.5% in the third quarter. Exchange Traded Concepts LLC now owns 232,999 shares of the business services provider’s stock worth $1,058,000 after acquiring an additional 7,914 shares in the last quarter. Finally, PFG Investments LLC grew its stake in Quad/Graphics by 17.3% in the third quarter. PFG Investments LLC now owns 61,253 shares of the business services provider’s stock valued at $278,000 after acquiring an additional 9,025 shares during the period. 39.52% of the stock is owned by institutional investors.

Quad/Graphics Company Profile

Quad/Graphics, Inc provides marketing solutions worldwide. The company operates through United States Print and Related Services, and International segments. It offers printing services, such as retail inserts, publications, catalogs, special interest publications, journals, direct mail, directories, in-store marketing and promotion, packaging, newspapers, custom print products, and other commercial and specialty printed products; and paper procurement services.