StockNews.com Upgrades Quad/Graphics (NYSE:QUAD) to “Strong-Buy”

StockNews.com upgraded shares of Quad/Graphics (NYSE:QUAD) from a buy rating to a strong-buy rating in a research note published on Thursday.

QUAD has been the subject of several other research reports. Rosenblatt Securities started coverage on Quad/Graphics in a report on Friday, May 31st. They set a buy rating and a $7.50 price target for the company. Barrington Research boosted their price target on Quad/Graphics from $8.00 to $8.50 and gave the company an outperform rating in a report on Friday, May 3rd.

Quad/Graphics Stock Down 0.4 %

Quad/Graphics stock opened at $5.67 on Thursday. The stock has a market cap of $294.49 million, a PE ratio of -4.54 and a beta of 1.63. The company has a debt-to-equity ratio of 5.38, a quick ratio of 0.58 and a current ratio of 0.87. Quad/Graphics has a one year low of $3.94 and a one year high of $6.75. The stock has a fifty day moving average of $4.98 and a 200 day moving average of $5.21.

Quad/Graphics (NYSE:QUAD) last released its quarterly earnings results on Tuesday, April 30th. The business services provider reported $0.10 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.02 by $0.08. Quad/Graphics had a positive return on equity of 18.67% and a negative net margin of 2.07%. The business had revenue of $654.80 million during the quarter, compared to analyst estimates of $648.30 million. As a group, sell-side analysts predict that Quad/Graphics will post 0.74 EPS for the current year.

Quad/Graphics Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 7th. Stockholders of record on Wednesday, May 22nd were paid a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a dividend yield of 3.53%. The ex-dividend date was Tuesday, May 21st. Quad/Graphics’s dividend payout ratio (DPR) is -16.00%.

Hedge Funds Weigh In On Quad/Graphics

A number of hedge funds have recently made changes to their positions in the business. EMC Capital Management boosted its stake in shares of Quad/Graphics by 11.7% in the first quarter. EMC Capital Management now owns 25,020 shares of the business services provider’s stock worth $133,000 after acquiring an additional 2,623 shares during the period. D Orazio & Associates Inc. boosted its stake in Quad/Graphics by 47.1% during the fourth quarter. D Orazio & Associates Inc. now owns 21,642 shares of the business services provider’s stock valued at $117,000 after buying an additional 6,933 shares during the last quarter. BNP Paribas Financial Markets boosted its stake in Quad/Graphics by 20.8% during the first quarter. BNP Paribas Financial Markets now owns 46,127 shares of the business services provider’s stock valued at $245,000 after buying an additional 7,947 shares during the last quarter. Janney Montgomery Scott LLC boosted its stake in Quad/Graphics by 9.8% during the first quarter. Janney Montgomery Scott LLC now owns 89,865 shares of the business services provider’s stock valued at $477,000 after buying an additional 8,031 shares during the last quarter. Finally, Crescent Grove Advisors LLC boosted its stake in Quad/Graphics by 19.8% during the first quarter. Crescent Grove Advisors LLC now owns 60,490 shares of the business services provider’s stock valued at $321,000 after buying an additional 10,000 shares during the last quarter. Institutional investors own 39.52% of the company’s stock.

About Quad/Graphics

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.