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

StockNews.com cut shares of Quad/Graphics (NYSE:QUAD) from a strong-buy rating to a buy rating in a research report released on Friday morning.

Several other research analysts have also issued reports on QUAD. Rosenblatt Securities increased their price objective 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 target price on shares of Quad/Graphics in a research report on Tuesday, November 26th.

Quad/Graphics Stock Performance

Shares of NYSE QUAD opened at $7.05 on Friday. The firm has a market capitalization of $367.44 million, a price-to-earnings ratio of -4.27 and a beta of 1.59. Quad/Graphics has a one year low of $4.06 and a one year high of $9.13. The business has a fifty day simple moving average of $7.21 and a 200 day simple moving average of $5.79. The company has a current ratio of 0.85, a quick ratio of 0.56 and a debt-to-equity ratio of 8.35.

Quad/Graphics (NYSE:QUAD) last announced its quarterly earnings data on Monday, October 28th. The business services provider reported $0.26 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.20 by $0.06. Quad/Graphics had a negative net margin of 2.82% and a positive return on equity of 42.63%. The company had revenue of $674.80 million during the quarter, compared to analysts’ expectations of $654.90 million. During the same quarter in the prior year, the company posted $0.11 EPS. Sell-side analysts expect that Quad/Graphics will post 0.84 EPS for the current year.

Quad/Graphics Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, December 6th. Stockholders of record on Monday, November 18th were paid a dividend of $0.05 per share. The ex-dividend date was Monday, November 18th. This represents a $0.20 annualized dividend and a dividend yield of 2.84%. Quad/Graphics’s dividend payout ratio (DPR) is currently -12.12%.

Hedge Funds Weigh In On Quad/Graphics

Several hedge funds have recently added to or reduced their stakes in QUAD. SG Americas Securities LLC acquired a new position in shares of Quad/Graphics in the 3rd quarter valued at $54,000. FMR LLC boosted 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 buying an additional 20,218 shares during the last quarter. Heron Bay Capital Management acquired a new position in shares of Quad/Graphics during the 2nd quarter worth about $124,000. 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. Finally, Allspring Global Investments Holdings LLC raised its position in shares of Quad/Graphics by 8,613.3% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 28,231 shares of the business services provider’s stock valued at $154,000 after acquiring an additional 27,907 shares during the period. 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.