Brokerages Set $28.00 Target Price for Quad/Graphics, Inc. (QUAD)
Quad/Graphics, Inc. (NYSE:QUAD) has been assigned an average broker rating score of 1.00 (Strong Buy) from the one brokers that cover the stock, Zacks Investment Research reports. One investment analyst has rated the stock with a strong buy recommendation.
Analysts have set a 12 month consensus price objective of $28.00 for the company, according to Zacks. Zacks has also given Quad/Graphics an industry rank of 201 out of 265 based on the ratings given to its competitors.
Separately, BidaskClub downgraded Quad/Graphics from a “hold” rating to a “sell” rating in a research report on Wednesday, November 15th.
Several institutional investors and hedge funds have recently modified their holdings of the company. Dimensional Fund Advisors LP raised its holdings in shares of Quad/Graphics by 12.7% in the 3rd quarter. Dimensional Fund Advisors LP now owns 1,096,172 shares of the business services provider’s stock worth $24,785,000 after buying an additional 123,449 shares in the last quarter. Advisors Asset Management Inc. raised its holdings in shares of Quad/Graphics by 5.4% in the 3rd quarter. Advisors Asset Management Inc. now owns 1,019,151 shares of the business services provider’s stock worth $23,043,000 after buying an additional 52,353 shares in the last quarter. LSV Asset Management raised its holdings in shares of Quad/Graphics by 31.4% in the 4th quarter. LSV Asset Management now owns 913,896 shares of the business services provider’s stock worth $20,654,000 after buying an additional 218,543 shares in the last quarter. State Street Corp raised its holdings in shares of Quad/Graphics by 4.4% in the 2nd quarter. State Street Corp now owns 754,353 shares of the business services provider’s stock worth $17,293,000 after buying an additional 31,758 shares in the last quarter. Finally, Robeco Institutional Asset Management B.V. raised its holdings in shares of Quad/Graphics by 16.2% in the 4th quarter. Robeco Institutional Asset Management B.V. now owns 532,107 shares of the business services provider’s stock worth $12,024,000 after buying an additional 74,173 shares in the last quarter. 49.69% of the stock is owned by institutional investors and hedge funds.
Shares of Quad/Graphics (QUAD) traded up $0.10 during mid-day trading on Friday, hitting $26.59. The company’s stock had a trading volume of 567,060 shares, compared to its average volume of 398,910. The company has a debt-to-equity ratio of 1.76, a current ratio of 1.22 and a quick ratio of 0.89. Quad/Graphics has a 52 week low of $18.16 and a 52 week high of $31.29. The company has a market cap of $1,380.00, a P/E ratio of 17.61 and a beta of 1.15.
Quad/Graphics (NYSE:QUAD) last announced its quarterly earnings data on Wednesday, February 21st. The business services provider reported $0.58 EPS for the quarter, hitting the Zacks’ consensus estimate of $0.58. Quad/Graphics had a return on equity of 19.46% and a net margin of 2.59%. The company had revenue of $1.16 billion during the quarter, compared to the consensus estimate of $1.14 billion. During the same quarter last year, the company earned $0.73 EPS. The company’s quarterly revenue was down 2.8% on a year-over-year basis.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 30th. Shareholders of record on Monday, March 19th will be given a $0.30 dividend. The ex-dividend date is Friday, March 16th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 4.51%. Quad/Graphics’s dividend payout ratio is currently 79.47%.
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Quad/Graphics Company Profile
Quad/Graphics, Inc is a marketing services provider. The Company’s segments are United States Print and Related Services, International and Corporate. The United States Print and Related Services segment consists of the Company’s United States printing operations. The United States Print and Related Services segment includes retail inserts, publications, catalogs, special interest publications, journals, direct mail, books, directories, in-store marketing and promotion, packaging, newspapers, custom print products, other commercial and specialty printed products, and global paper procurement.
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