Shares of Quad/Graphics, Inc. (NYSE:QUAD) have received an average broker rating score of 1.00 (Strong Buy) from the one brokers that cover the stock, Zacks Investment Research reports. One investment analyst has rated the stock with a strong buy rating.
Analysts have set a twelve-month consensus target price of $28.00 for the company, according to Zacks. Zacks has also given Quad/Graphics an industry rank of 203 out of 265 based on the ratings given to related companies.
Several research analysts have weighed in on the company. TheStreet raised Quad/Graphics from a “c” rating to a “b-” rating in a research report on Tuesday, October 31st. BidaskClub lowered Quad/Graphics from a “hold” rating to a “sell” rating in a research report on Wednesday, November 15th.
In other news, Director Kathryn Quadracci Flores sold 66,107 shares of the company’s stock in a transaction dated Wednesday, November 29th. The stock was sold at an average price of $21.86, for a total transaction of $1,445,099.02. Following the completion of the sale, the director now owns 69,081 shares in the company, valued at approximately $1,510,110.66. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, COO Thomas J. Frankowski sold 28,518 shares of the company’s stock in a transaction dated Monday, November 27th. The stock was sold at an average price of $21.63, for a total value of $616,844.34. Following the sale, the chief operating officer now owns 220,489 shares of the company’s stock, valued at approximately $4,769,177.07. The disclosure for this sale can be found here. In the last quarter, insiders have sold 133,625 shares of company stock valued at $2,910,583. 12.05% of the stock is currently owned by corporate insiders.
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Pacad Investment Ltd. boosted its stake in shares of Quad/Graphics by 160.0% during the 2nd quarter. Pacad Investment Ltd. now owns 5,200 shares of the business services provider’s stock worth $119,000 after acquiring an additional 3,200 shares in the last quarter. Creative Planning boosted its stake in Quad/Graphics by 17.5% during the 2nd quarter. Creative Planning now owns 6,715 shares of the business services provider’s stock valued at $154,000 after purchasing an additional 1,000 shares during the period. Legal & General Group Plc boosted its stake in Quad/Graphics by 11.5% during the 2nd quarter. Legal & General Group Plc now owns 7,852 shares of the business services provider’s stock valued at $180,000 after purchasing an additional 809 shares during the period. Quantbot Technologies LP boosted its stake in Quad/Graphics by 639.5% during the 2nd quarter. Quantbot Technologies LP now owns 8,527 shares of the business services provider’s stock valued at $195,000 after purchasing an additional 7,374 shares during the period. Finally, ARP Americas LLC bought a new stake in Quad/Graphics during the 2nd quarter valued at approximately $214,000. Institutional investors own 49.74% of the company’s stock.
Shares of Quad/Graphics (QUAD) traded up $0.34 during mid-day trading on Monday, reaching $23.02. The company’s stock had a trading volume of 191,330 shares, compared to its average volume of 262,051. The company has a debt-to-equity ratio of 2.11, a quick ratio of 0.82 and a current ratio of 1.24. Quad/Graphics has a 12 month low of $18.16 and a 12 month high of $29.04. The firm has a market cap of $1,176.77, a price-to-earnings ratio of 11.64 and a beta of 1.47.
Quad/Graphics (NYSE:QUAD) last issued its earnings results on Tuesday, October 31st. The business services provider reported $0.46 earnings per share for the quarter, topping the consensus estimate of $0.41 by $0.05. Quad/Graphics had a return on equity of 21.87% and a net margin of 2.15%. The company had revenue of $1.01 billion for the quarter, compared to analyst estimates of $1.01 billion. During the same period in the prior year, the firm posted $0.48 EPS. The business’s revenue was down 4.8% compared to the same quarter last year.
The company also recently announced a quarterly dividend, which was paid on Friday, December 1st. Shareholders of record on Monday, November 20th were given a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 5.21%. The ex-dividend date of this dividend was Friday, November 17th. Quad/Graphics’s payout ratio is currently 69.36%.
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Quad/Graphics, Inc is a marketing services provider. The Company’s segments are United States Print and Related Services, International and Corporate. The United States Print and Related Services segment consists of the Company’s United States printing operations. The United States Print and Related Services segment includes retail inserts, publications, catalogs, special interest publications, journals, direct mail, books, directories, in-store marketing and promotion, packaging, newspapers, custom print products, other commercial and specialty printed products, and global paper procurement.
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