Quad Graphics, Inc (NYSE:QUAD) Receives Average Recommendation of “Moderate Buy” from Brokerages

Shares of Quad Graphics, Inc (NYSE:QUAD) have received a consensus rating of “Moderate Buy” from the five research firms that are presently covering the company, Marketbeat Ratings reports. Two analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is $9.9333.

Several equities analysts have commented on the company. Benchmark assumed coverage on Quad Graphics in a research report on Tuesday, April 7th. They set a “buy” rating and a $10.00 price objective for the company. Weiss Ratings reissued a “hold (c)” rating on shares of Quad Graphics in a research report on Monday, April 27th. Rosenblatt Securities raised their price objective on Quad Graphics from $8.20 to $9.80 and gave the company a “buy” rating in a research report on Wednesday, February 25th. Finally, Wall Street Zen raised Quad Graphics from a “buy” rating to a “strong-buy” rating in a research report on Sunday, March 29th.

Quad Graphics Stock Performance

Shares of Quad Graphics stock opened at $7.62 on Friday. The company has a current ratio of 0.94, a quick ratio of 0.65 and a debt-to-equity ratio of 3.04. The firm has a market capitalization of $392.94 million, a P/E ratio of 13.61 and a beta of 1.15. The business has a fifty day simple moving average of $7.46 and a two-hundred day simple moving average of $6.80. Quad Graphics has a 12 month low of $5.01 and a 12 month high of $8.64.

Quad Graphics (NYSE:QUAD) last announced its quarterly earnings data on Tuesday, April 28th. The business services provider reported $0.25 EPS for the quarter, beating the consensus estimate of $0.22 by $0.03. The business had revenue of $581.00 million during the quarter, compared to analyst estimates of $581.07 million. Quad Graphics had a return on equity of 47.27% and a net margin of 1.16%. On average, equities analysts forecast that Quad Graphics will post 1.2 earnings per share for the current fiscal year.

Quad Graphics Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, June 5th. Stockholders of record on Thursday, May 21st were given a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 5.2%. The ex-dividend date of this dividend was Thursday, May 21st. Quad Graphics’s payout ratio is currently 71.43%.

Hedge Funds Weigh In On Quad Graphics

Large investors have recently modified their holdings of the stock. Hillsdale Investment Management Inc. raised its position in shares of Quad Graphics by 192.3% in the 4th quarter. Hillsdale Investment Management Inc. now owns 152,297 shares of the business services provider’s stock worth $955,000 after purchasing an additional 100,197 shares during the last quarter. Miller Value Partners LLC raised its position in shares of Quad Graphics by 4.4% in the 4th quarter. Miller Value Partners LLC now owns 2,737,890 shares of the business services provider’s stock worth $17,167,000 after purchasing an additional 114,415 shares during the last quarter. Crescent Grove Advisors LLC raised its position in shares of Quad Graphics by 33.1% in the 4th quarter. Crescent Grove Advisors LLC now owns 80,490 shares of the business services provider’s stock worth $505,000 after purchasing an additional 20,000 shares during the last quarter. LSV Asset Management raised its position in shares of Quad Graphics by 0.3% in the 4th quarter. LSV Asset Management now owns 1,353,001 shares of the business services provider’s stock worth $8,483,000 after purchasing an additional 3,687 shares during the last quarter. Finally, HighTower Advisors LLC raised its position in shares of Quad Graphics by 33.7% in the 4th quarter. HighTower Advisors LLC now owns 200,239 shares of the business services provider’s stock worth $1,255,000 after purchasing an additional 50,462 shares during the last quarter. Hedge funds and other institutional investors own 39.52% of the company’s stock.

Quad Graphics Company Profile

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.