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

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

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

Quad/Graphics Price Performance

Shares of QUAD opened at $7.65 on Wednesday. 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 firm has a market capitalization of $398.71 million, a PE ratio of -4.64 and a beta of 1.59. The stock has a 50 day simple moving average of $7.03 and a 200 day simple moving average of $5.70. Quad/Graphics has a 52-week low of $4.06 and a 52-week high of $9.13.

Quad/Graphics (NYSE:QUAD) last issued its quarterly earnings data on Monday, October 28th. The business services provider reported $0.26 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.20 by $0.06. The company had revenue of $674.80 million during the quarter, compared to the consensus estimate 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 in the prior year, the firm earned $0.11 earnings per share. Sell-side analysts predict that Quad/Graphics will post 0.84 EPS for the current fiscal year.

Quad/Graphics Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, December 6th. Shareholders of record on Monday, November 18th were given a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a dividend yield of 2.61%. The ex-dividend date was Monday, November 18th. Quad/Graphics’s dividend payout ratio (DPR) is -12.12%.

Institutional Trading of Quad/Graphics

Several institutional investors and hedge funds have recently added to or reduced their stakes in QUAD. SG Americas Securities LLC bought a new position in shares of Quad/Graphics in the 3rd quarter valued at about $54,000. FMR LLC grew its holdings in Quad/Graphics by 1,103.6% during the third quarter. FMR LLC now owns 22,050 shares of the business services provider’s stock worth $100,000 after purchasing an additional 20,218 shares during the period. Heron Bay Capital Management acquired a new position in Quad/Graphics during the second quarter worth approximately $124,000. Cubist Systematic Strategies LLC increased its position in Quad/Graphics by 20.7% during the second 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 last quarter. Finally, Stifel Financial Corp raised its stake in Quad/Graphics by 61.9% in the third quarter. Stifel Financial Corp now owns 31,060 shares of the business services provider’s stock valued at $141,000 after buying an additional 11,874 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.