Wall Street Zen Downgrades Quad Graphics (NYSE:QUAD) to Buy

Quad Graphics (NYSE:QUAD) was downgraded by Wall Street Zen from a “strong-buy” rating to a “buy” rating in a research report issued to clients and investors on Saturday.

QUAD has been the subject of several other reports. Weiss Ratings restated a “hold (c)” rating on shares of Quad Graphics in a report on Wednesday, January 28th. Rosenblatt Securities lifted their target price on shares of Quad Graphics from $8.20 to $9.80 and gave the company a “buy” rating in a research note on Wednesday, February 25th. Finally, Zacks Research cut shares of Quad Graphics from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, December 30th. Two analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, Quad Graphics currently has a consensus rating of “Moderate Buy” and an average price target of $9.90.

Quad Graphics Price Performance

Shares of QUAD stock opened at $6.54 on Friday. The company has a debt-to-equity ratio of 2.52, a quick ratio of 0.63 and a current ratio of 0.86. Quad Graphics has a fifty-two week low of $4.50 and a fifty-two week high of $7.54. The firm has a market cap of $341.88 million, a P/E ratio of 12.11 and a beta of 1.09. The business’s 50 day moving average price is $6.49 and its 200-day moving average price is $6.20.

Quad Graphics (NYSE:QUAD) last announced its earnings results on Tuesday, February 17th. The business services provider reported $0.36 EPS for the quarter, meeting analysts’ consensus estimates of $0.36. The company had revenue of $630.60 million during the quarter, compared to the consensus estimate of $632.90 million. Quad Graphics had a return on equity of 49.71% and a net margin of 1.12%. On average, equities research analysts anticipate that Quad Graphics will post 1.08 earnings per share for the current year.

Hedge Funds Weigh In On Quad Graphics

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. CANADA LIFE ASSURANCE Co purchased a new stake in shares of Quad Graphics in the 4th quarter worth about $26,000. State of Alaska Department of Revenue purchased a new position in Quad Graphics during the 4th quarter valued at about $29,000. BNP Paribas Financial Markets lifted its position in Quad Graphics by 113.1% during the 3rd quarter. BNP Paribas Financial Markets now owns 5,688 shares of the business services provider’s stock valued at $36,000 after acquiring an additional 3,019 shares during the period. Stokes Family Office LLC bought a new stake in Quad Graphics during the fourth quarter worth about $68,000. Finally, HRT Financial LP bought a new stake in Quad Graphics during the fourth quarter worth about $74,000. 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.