Quad Graphics (NYSE:QUAD – Get Free Report) announced its quarterly earnings data on Wednesday. The business services provider reported $0.35 earnings per share for the quarter, missing analysts’ consensus estimates of $0.37 by ($0.02), FiscalAI reports. The business had revenue of $586.70 million during the quarter, compared to the consensus estimate of $583.27 million. Quad Graphics had a return on equity of 47.06% and a net margin of 1.12%.
Quad Graphics Stock Performance
Shares of QUAD stock opened at $7.79 on Friday. Quad Graphics has a 12-month low of $5.12 and a 12-month high of $11.15. The business’s fifty day simple moving average is $9.65 and its 200-day simple moving average is $8.05. The company has a current ratio of 0.87, a quick ratio of 0.60 and a debt-to-equity ratio of 2.81. The company has a market cap of $400.83 million, a PE ratio of 14.70 and a beta of 1.12.
Quad Graphics Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Friday, December 4th. Stockholders of record on Tuesday, November 17th will be issued a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 5.1%. The ex-dividend date is Tuesday, November 17th. Quad Graphics’s dividend payout ratio (DPR) is currently 75.47%.
Wall Street Analysts Forecast Growth
QUAD has been the subject of a number of research analyst reports. Zacks Research downgraded shares of Quad Graphics from a “strong-buy” rating to a “hold” rating in a research report on Friday, October 2nd. Rosenblatt Securities upped their price objective on Quad Graphics from $9.80 to $13.00 and gave the company a “buy” rating in a research report on Thursday, July 30th. Benchmark increased their price objective on shares of Quad Graphics from $10.00 to $13.00 and gave the stock a “buy” rating in a research note on Thursday, July 30th. Finally, Weiss Ratings downgraded shares of Quad Graphics from a “hold (c+)” rating to a “hold (c)” rating in a report on Thursday. Three investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $12.00.
Get Our Latest Stock Report on Quad Graphics
Quad Graphics Company Profile
Quad (NYSE: QUAD), formerly Quad/Graphics, is a marketing experience company that helps organizations plan, create, produce and distribute marketing communications. Its services span creative and content development, data and analytics, media planning and buying, marketing management, and production.
The company also provides commercial printing, packaging, direct mail, in-store marketing materials and other physical communications. By combining these capabilities with digital and technology services, Quad supports integrated marketing programs designed to connect brands with consumers across print, digital and other channels.
Quad was founded in 1971 by Harry V.
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