Quad Graphics, Inc (NYSE:QUAD – Get Free Report) has been given a consensus recommendation of “Buy” by the five ratings firms that are covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is $12.00.
Several research firms recently weighed in on QUAD. Weiss Ratings restated a “hold (c)” rating on shares of Quad Graphics in a research note on Friday, July 24th. Zacks Research raised Quad Graphics from a “hold” rating to a “strong-buy” rating in a research report on Monday, August 3rd. Rosenblatt Securities increased their target price on shares of Quad Graphics from $9.80 to $13.00 and gave the stock a “buy” rating in a research note on Thursday, July 30th. Finally, Benchmark increased their price target on Quad Graphics from $10.00 to $13.00 and gave the stock a “buy” rating in a report on Thursday, July 30th.
Check Out Our Latest Analysis on Quad Graphics
Quad Graphics Trading Up 1.1%
Quad Graphics (NYSE:QUAD – Get Free Report) last issued its earnings results on Tuesday, July 28th. The business services provider reported $0.24 EPS for the quarter, topping analysts’ consensus estimates of $0.20 by $0.04. The firm had revenue of $577.50 million during the quarter, compared to the consensus estimate of $545.15 million. Quad Graphics had a net margin of 1.31% and a return on equity of 47.90%. As a group, research analysts expect that Quad Graphics will post 1.27 EPS for the current fiscal year.
Quad Graphics Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Friday, September 4th. Stockholders of record on Monday, August 17th were issued a $0.10 dividend. The ex-dividend date of this dividend was Monday, August 17th. This represents a $0.40 annualized dividend and a dividend yield of 4.3%. Quad Graphics’s payout ratio is presently 63.49%.
Institutional Trading of Quad Graphics
Several hedge funds have recently modified their holdings of QUAD. DGS Capital Management LLC acquired a new position in shares of Quad Graphics during the 1st quarter worth $71,000. Lazard Asset Management LLC purchased a new stake in Quad Graphics during the first quarter worth about $119,000. HB Wealth Management LLC acquired a new position in Quad Graphics during the first quarter worth about $126,000. Kathmere Capital Management LLC grew its position in Quad Graphics by 51.7% during the first quarter. Kathmere Capital Management LLC now owns 19,878 shares of the business services provider’s stock worth $131,000 after buying an additional 6,778 shares during the period. Finally, Baron Wealth Management LLC purchased a new position in Quad Graphics in the first quarter valued at about $145,000. 39.52% of the stock is owned by institutional investors and hedge funds.
About Quad Graphics
Quad/Graphics, Inc, doing business as Quad, is a marketing experience company that helps brands develop, produce and distribute print and digital communications. Its services span creative development, content management, media planning and placement, marketing strategy, data and analytics, and production services.
The company is also a major provider of commercial printing and related production capabilities. Its offerings include catalogs, magazines, direct-mail materials, packaging, marketing collateral, in-store displays and other printed products.
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