Quad/Graphics (NYSE:QUAD) Stock Rating Lowered by StockNews.com

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

Other equities research analysts have also recently issued reports about the stock. Rosenblatt Securities increased their target price on Quad/Graphics from $7.70 to $10.30 and gave the stock a “buy” rating in a research note on Monday, November 25th. Barrington Research reiterated an “outperform” rating and set a $10.00 price target on shares of Quad/Graphics in a research note on Tuesday, November 26th.

Quad/Graphics Stock Performance

NYSE QUAD opened at $7.05 on Friday. The company has a debt-to-equity ratio of 8.35, a current ratio of 0.85 and a quick ratio of 0.56. Quad/Graphics has a 1-year low of $4.06 and a 1-year high of $9.13. The company has a market cap of $367.44 million, a PE ratio of -4.27 and a beta of 1.59. The stock’s 50 day simple moving average is $7.21 and its 200-day simple moving average is $5.78.

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

Hedge Funds Weigh In On Quad/Graphics

Several institutional investors have recently added to or reduced their stakes in the stock. Allspring Global Investments Holdings LLC lifted its position in Quad/Graphics by 8,613.3% in the second quarter. Allspring Global Investments Holdings LLC now owns 28,231 shares of the business services provider’s stock valued at $154,000 after purchasing an additional 27,907 shares during the period. Privium Fund Management UK Ltd acquired a new stake in shares of Quad/Graphics in the 2nd quarter valued at approximately $262,000. LSV Asset Management boosted its stake in shares of Quad/Graphics by 4.2% in the second quarter. LSV Asset Management now owns 1,165,265 shares of the business services provider’s stock valued at $6,351,000 after buying an additional 46,882 shares in the last quarter. PFG Investments LLC grew its holdings in Quad/Graphics by 33.4% during the second quarter. PFG Investments LLC now owns 52,228 shares of the business services provider’s stock worth $285,000 after acquiring an additional 13,075 shares during the period. Finally, Renaissance Technologies LLC raised 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 worth $4,236,000 after acquiring an additional 13,200 shares in the last quarter. Institutional investors and hedge funds 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.