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

Quad/Graphics (NYSE:QUAD) was downgraded by investment analysts at StockNews.com from a “strong-buy” rating to a “buy” rating in a research note issued on Friday.

Several other equities analysts have also recently commented on QUAD. Rosenblatt Securities boosted their price target on shares of Quad/Graphics from $7.70 to $10.30 and gave the company a “buy” rating in a report on Monday, November 25th. Barrington Research restated an “outperform” rating and issued a $10.00 target price on shares of Quad/Graphics in a research note on Tuesday, November 26th.

Quad/Graphics Stock Performance

QUAD opened at $7.01 on Friday. The company has a quick ratio of 0.56, a current ratio of 0.85 and a debt-to-equity ratio of 8.35. The firm has a market cap of $365.57 million, a PE ratio of -4.25 and a beta of 1.59. The business has a fifty day simple moving average of $7.27 and a 200-day simple moving average of $6.01. Quad/Graphics has a fifty-two week low of $4.06 and a fifty-two week high of $9.13.

Quad/Graphics (NYSE:QUAD) last posted its quarterly earnings data 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 firm had revenue of $674.80 million during the quarter, compared to analyst estimates 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 business posted $0.11 EPS. As a group, equities analysts predict that Quad/Graphics will post 0.84 EPS for the current fiscal year.

Institutional Investors Weigh In On Quad/Graphics

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Bank of Montreal Can bought a new stake in Quad/Graphics in the second quarter valued at about $408,000. Cubist Systematic Strategies LLC grew its position in shares of Quad/Graphics by 20.7% during the 2nd quarter. Cubist Systematic Strategies LLC now owns 23,486 shares of the business services provider’s stock worth $128,000 after buying an additional 4,023 shares during the period. SG Americas Securities LLC bought a new position in Quad/Graphics during the 3rd quarter worth approximately $54,000. Exchange Traded Concepts LLC grew its holdings in Quad/Graphics by 3.5% during the third quarter. Exchange Traded Concepts LLC now owns 232,999 shares of the business services provider’s stock valued at $1,058,000 after purchasing an additional 7,914 shares during the period. Finally, PFG Investments LLC increased 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 purchasing an additional 9,025 shares in the last quarter. 39.52% of the stock is owned by institutional investors and hedge funds.

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.