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

StockNews.com upgraded shares of Quad/Graphics (NYSE:QUAD) from a buy rating to a strong-buy rating in a report issued on Saturday.

Several other research firms have also recently weighed in on QUAD. Barrington Research reaffirmed an “outperform” rating and set a $10.00 price objective on shares of Quad/Graphics in a research report on Tuesday, November 26th. Rosenblatt Securities upped their price target on shares of Quad/Graphics from $7.70 to $10.30 and gave the stock a “buy” rating in a report on Monday, November 25th.

Quad/Graphics Stock Performance

NYSE QUAD opened at $6.72 on Friday. Quad/Graphics has a 12-month low of $4.06 and a 12-month high of $9.13. The firm has a 50-day moving average price of $7.35 and a two-hundred day moving average price of $5.85. The company has a market capitalization of $350.24 million, a P/E ratio of -4.07 and a beta of 1.59. The company has a quick ratio of 0.56, a current ratio of 0.85 and a debt-to-equity ratio of 8.35.

Quad/Graphics (NYSE:QUAD) last issued its quarterly earnings results on Monday, October 28th. The business services provider reported $0.26 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.20 by $0.06. The business had revenue of $674.80 million for 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 quarter in the prior year, the business posted $0.11 earnings per share. Analysts anticipate that Quad/Graphics will post 0.84 earnings per share for the current year.

Quad/Graphics Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 6th. Investors of record on Monday, November 18th were paid a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 2.98%. The ex-dividend date was Monday, November 18th. Quad/Graphics’s dividend payout ratio (DPR) is presently -12.12%.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of QUAD. LSV Asset Management grew its holdings 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 during the last quarter. Renaissance Technologies LLC boosted its position in Quad/Graphics by 1.7% in the second quarter. Renaissance Technologies LLC now owns 777,300 shares of the business services provider’s stock valued at $4,236,000 after buying an additional 13,200 shares in the last quarter. Geode Capital Management LLC boosted its position in Quad/Graphics by 2.3% in the third quarter. Geode Capital Management LLC now owns 669,036 shares of the business services provider’s stock valued at $3,038,000 after buying an additional 15,220 shares in the last quarter. State Street Corp grew its stake in shares of Quad/Graphics by 2.0% during the third quarter. State Street Corp now owns 539,071 shares of the business services provider’s stock worth $2,447,000 after buying an additional 10,431 shares during the last quarter. Finally, Empowered Funds LLC increased its holdings in shares of Quad/Graphics by 5.4% during the third quarter. Empowered Funds LLC now owns 279,486 shares of the business services provider’s stock worth $1,269,000 after buying an additional 14,204 shares in the last quarter. Institutional investors and hedge funds 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.