Barrington Research Reiterates Outperform Rating for Quad/Graphics (NYSE:QUAD)

Quad/Graphics (NYSE:QUAD)‘s stock had its “outperform” rating reaffirmed by stock analysts at Barrington Research in a research note issued to investors on Tuesday,Benzinga reports. They currently have a $10.00 price objective on the business services provider’s stock. Barrington Research’s target price would indicate a potential upside of 38.12% from the company’s current price.

A number of other brokerages have also recently commented on QUAD. Rosenblatt Securities lifted their target price on shares of Quad/Graphics from $7.70 to $10.30 and gave the stock a “buy” rating in a research report on Monday. StockNews.com upgraded shares of Quad/Graphics from a “buy” rating to a “strong-buy” rating in a research report on Saturday, October 26th.

Quad/Graphics Stock Performance

Quad/Graphics stock opened at $7.24 on Tuesday. The firm’s fifty day moving average price is $5.90 and its 200-day moving average price is $5.32. The company has a debt-to-equity ratio of 8.35, a quick ratio of 0.56 and a current ratio of 0.85. 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 fifty-two week low of $4.06 and a fifty-two week high of $7.94.

Quad/Graphics (NYSE:QUAD) last issued its earnings results on Monday, October 28th. The business services provider reported $0.26 EPS for the quarter, topping analysts’ consensus estimates of $0.20 by $0.06. The company had revenue of $674.80 million for the quarter, compared to analysts’ expectations of $654.90 million. Quad/Graphics had a negative net margin of 2.82% and a positive return on equity of 42.63%. During the same quarter last year, the company earned $0.11 EPS. On average, equities research analysts expect that Quad/Graphics will post 0.84 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Quad/Graphics

A number of large investors have recently added to or reduced their stakes in QUAD. Vanguard Group Inc. boosted its stake in shares of Quad/Graphics by 0.6% during the 1st quarter. Vanguard Group Inc. now owns 1,767,528 shares of the business services provider’s stock valued at $9,386,000 after purchasing an additional 11,139 shares in the last quarter. LSV Asset Management boosted its stake in shares of Quad/Graphics by 4.2% during the 2nd quarter. LSV Asset Management now owns 1,165,265 shares of the business services provider’s stock valued at $6,351,000 after purchasing an additional 46,882 shares in the last quarter. Renaissance Technologies LLC boosted its stake in shares of Quad/Graphics by 1.7% during the 2nd quarter. Renaissance Technologies LLC now owns 777,300 shares of the business services provider’s stock valued at $4,236,000 after purchasing an additional 13,200 shares in the last quarter. Geode Capital Management LLC boosted its stake in shares of Quad/Graphics by 2.3% during the 3rd quarter. Geode Capital Management LLC now owns 669,036 shares of the business services provider’s stock valued at $3,038,000 after purchasing an additional 15,220 shares in the last quarter. Finally, State Street Corp boosted its stake in shares of Quad/Graphics by 2.0% during the 3rd quarter. State Street Corp now owns 539,071 shares of the business services provider’s stock valued at $2,447,000 after purchasing an additional 10,431 shares in the last quarter. Institutional investors own 39.52% of the company’s stock.

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.