Quad Graphics (NYSE:QUAD – Get Free Report) was downgraded by research analysts at Wall Street Zen from a “strong-buy” rating to a “buy” rating in a research note issued to investors on Saturday, Wall Street Zen reports.
A number of other equities analysts have also recently issued reports on QUAD. Benchmark lifted their target price on Quad Graphics from $10.00 to $13.00 and gave the stock a “buy” rating in a report on Thursday, July 30th. Zacks Research downgraded Quad Graphics from a “strong-buy” rating to a “hold” rating in a report on Friday, October 2nd. Rosenblatt Securities lifted their target price on shares of Quad Graphics from $9.80 to $13.00 and gave the stock a “buy” rating in a research report on Thursday, July 30th. Finally, Weiss Ratings lowered shares of Quad Graphics from a “hold (c+)” rating to a “hold (c)” rating in a report on Thursday. Two analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, Quad Graphics has a consensus rating of “Moderate Buy” and a consensus target price of $13.00.
Quad Graphics Stock Performance
NYSE:QUAD opened at $7.19 on Friday. The company has a 50-day moving average of $9.59 and a 200-day moving average of $8.06. The firm has a market cap of $369.84 million, a price-to-earnings ratio of 6.42 and a beta of 1.12. The company has a current ratio of 0.87, a quick ratio of 0.60 and a debt-to-equity ratio of 2.81. Quad Graphics has a twelve month low of $5.12 and a twelve month high of $11.15.
Quad Graphics (NYSE:QUAD – Get Free Report) last released its earnings results on Wednesday, October 28th. The business services provider reported $0.35 EPS for the quarter, missing analysts’ consensus estimates of $0.37 by ($0.02). 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%. Analysts forecast that Quad Graphics will post 1.27 earnings per share for the current fiscal year.
Institutional Trading of Quad Graphics
Several institutional investors have recently made changes to their positions in QUAD. Dimensional Fund Advisors LP boosted its stake in shares of Quad Graphics by 1.5% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,135,439 shares of the business services provider’s stock valued at $7,506,000 after buying an additional 16,815 shares during the period. Arrowstreet Capital Limited Partnership raised its stake in shares of Quad Graphics by 2.0% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 460,452 shares of the business services provider’s stock worth $3,044,000 after purchasing an additional 9,174 shares in the last quarter. Bank of New York Mellon Corp bought a new stake in Quad Graphics in the second quarter worth approximately $3,506,000. Allspring Global Investments Holdings LLC increased its stake in shares of Quad Graphics by 60.1% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 103,621 shares of the business services provider’s stock worth $685,000 after purchasing an additional 38,917 shares during the last quarter. Finally, Janney Montgomery Scott LLC increased its stake in shares of Quad Graphics by 1.7% during the 1st quarter. Janney Montgomery Scott LLC now owns 95,072 shares of the business services provider’s stock worth $628,000 after purchasing an additional 1,553 shares during the last quarter. 39.52% of the stock is currently owned by institutional investors and hedge funds.
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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