Quad Graphics (NYSE:QUAD) Sees Large Volume Increase – Time to Buy?

Shares of Quad Graphics, Inc (NYSE:QUAD) saw unusually-high trading volume on Friday . Approximately 628,628 shares changed hands during mid-day trading, an increase of 180% from the previous session’s volume of 224,117 shares.The stock last traded at $9.8590 and had previously closed at $9.81.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on QUAD. Weiss Ratings reissued a “hold (c)” rating on shares of Quad Graphics in a research note on Friday, July 24th. Rosenblatt Securities lifted their target price on shares of Quad Graphics from $9.80 to $13.00 and gave the company a “buy” rating in a research note on Thursday, July 30th. Zacks Research raised shares of Quad Graphics from a “hold” rating to a “strong-buy” rating in a report on Monday, August 3rd. Finally, Benchmark increased their price target on Quad Graphics from $10.00 to $13.00 and gave the stock a “buy” rating in a research note on Thursday, July 30th. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of $12.00.

Quad Graphics Stock Up 1.1%

The business has a 50-day moving average of $8.62 and a 200 day moving average of $7.54. The company has a market capitalization of $510.23 million, a PE ratio of 15.74 and a beta of 1.11. The company has a debt-to-equity ratio of 2.81, a current ratio of 0.87 and a quick ratio of 0.60.

Quad Graphics (NYSE:QUAD) last released its quarterly earnings results on Tuesday, July 28th. The business services provider reported $0.24 earnings per share for the quarter, beating the consensus estimate of $0.20 by $0.04. Quad Graphics had a return on equity of 47.90% and a net margin of 1.31%.The business had revenue of $577.50 million during the quarter, compared to analysts’ expectations of $545.15 million. Equities research analysts predict that Quad Graphics, Inc will post 1.27 earnings per share for the current year.

Quad Graphics Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, September 4th. Stockholders of record on Monday, August 17th will be given a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 4.0%. The ex-dividend date is Monday, August 17th. Quad Graphics’s dividend payout ratio is currently 63.49%.

Institutional Investors Weigh In On Quad Graphics

Several large investors have recently bought and sold shares of the business. CANADA LIFE ASSURANCE Co bought a new position in Quad Graphics during the fourth quarter valued at $26,000. State of Alaska Department of Revenue purchased a new position in shares of Quad Graphics in the 4th quarter worth $29,000. BNP Paribas Financial Markets increased its holdings in shares of Quad Graphics by 113.1% in the 3rd quarter. BNP Paribas Financial Markets now owns 5,688 shares of the business services provider’s stock worth $36,000 after buying an additional 3,019 shares during the last quarter. Stokes Family Office LLC bought a new stake in shares of Quad Graphics in the 4th quarter worth about $68,000. Finally, DGS Capital Management LLC bought a new stake in shares of Quad Graphics in the 1st quarter worth about $71,000. 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.