Quad Graphics (NYSE:QUAD) Releases Quarterly Earnings Results, Beats Estimates By $0.04 EPS

Quad Graphics (NYSE:QUADGet Free Report) issued its quarterly earnings results on Tuesday. The business services provider reported $0.24 earnings per share for the quarter, beating analysts’ consensus estimates of $0.20 by $0.04, Zacks reports. Quad Graphics had a net margin of 1.16% and a return on equity of 47.27%.

Quad Graphics Trading Down 1.2%

NYSE:QUAD traded down $0.11 during trading hours on Tuesday, hitting $8.39. The company had a trading volume of 176,653 shares, compared to its average volume of 198,241. Quad Graphics has a 1 year low of $5.01 and a 1 year high of $8.84. The company has a market cap of $432.79 million, a P/E ratio of 14.99 and a beta of 1.11. The company has a 50-day moving average of $7.91 and a 200 day moving average of $7.19. The company has a current ratio of 0.94, a quick ratio of 0.65 and a debt-to-equity ratio of 3.04.

Quad Graphics Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, September 4th. Shareholders of record on Monday, August 17th will be issued a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 4.8%. The ex-dividend date is Monday, August 17th. Quad Graphics’s dividend payout ratio is presently 71.43%.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Vanguard Group Inc. boosted its position in shares of Quad Graphics by 0.7% during the 3rd quarter. Vanguard Group Inc. now owns 1,799,720 shares of the business services provider’s stock valued at $11,266,000 after acquiring an additional 11,773 shares during the last quarter. Geode Capital Management LLC increased its position in Quad Graphics by 0.3% during the second quarter. Geode Capital Management LLC now owns 703,720 shares of the business services provider’s stock worth $3,977,000 after purchasing an additional 1,837 shares during the last quarter. Segall Bryant & Hamill LLC increased its position in Quad Graphics by 49.5% during the fourth quarter. Segall Bryant & Hamill LLC now owns 462,898 shares of the business services provider’s stock worth $2,902,000 after purchasing an additional 153,172 shares during the last quarter. AQR Capital Management LLC purchased a new position in Quad Graphics during the first quarter worth about $2,101,000. Finally, Arrowstreet Capital Limited Partnership raised its stake in Quad Graphics by 2.0% during the third quarter. Arrowstreet Capital Limited Partnership now owns 377,973 shares of the business services provider’s stock worth $2,366,000 after purchasing an additional 7,469 shares during the period. Hedge funds and other institutional investors own 39.52% of the company’s stock.

Wall Street Analysts Forecast Growth

QUAD has been the subject of several research reports. Weiss Ratings reiterated a “hold (c)” rating on shares of Quad Graphics in a research note on Friday. Benchmark began coverage on Quad Graphics in a research report on Tuesday, April 7th. They issued a “buy” rating and a $10.00 target price on the stock. Three investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $9.93.

Check Out Our Latest Stock Report on Quad Graphics

Quad Graphics Company Profile

(Get Free Report)

Quad Graphics, Inc (NYSE: QUAD) is a global provider of print and related marketing services, serving a diverse range of clients in the publishing, retail, e-commerce and consumer packaged goods sectors. The company offers end-to-end solutions that span traditional print production, supply chain management and digital marketing support. Quad Graphics leverages a network of production facilities and distribution centers to deliver high-quality printed materials and integrated marketing programs that help clients reach their target audiences across multiple channels.

The company’s core offerings include magazine and catalog printing, direct mail, retail inserts, shopper marketing materials, custom packaging and point-of-sale displays.

See Also

Earnings History for Quad Graphics (NYSE:QUAD)

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