Quad/Graphics, Inc. (NYSE:QUAD) has earned a consensus broker rating score of 1.00 (Strong Buy) from the one analysts that cover the company, Zacks Investment Research reports. One analyst has rated the stock with a strong buy recommendation.

Brokerages have set a 1 year consensus target price of $28.00 for the company, according to Zacks. Zacks has also assigned Quad/Graphics an industry rank of 180 out of 255 based on the ratings given to its competitors.

A number of research firms recently issued reports on QUAD. Buckingham Research began coverage on shares of Quad/Graphics in a research note on Monday, June 18th. They issued a “buy” rating and a $28.00 price target for the company. TheStreet raised shares of Quad/Graphics from a “c” rating to a “b-” rating in a research note on Wednesday, August 1st. Finally, ValuEngine raised shares of Quad/Graphics from a “sell” rating to a “hold” rating in a research note on Thursday, August 2nd.

Shares of Quad/Graphics traded down $0.14, hitting $21.76, during midday trading on Wednesday, Marketbeat reports. 160,415 shares of the stock traded hands, compared to its average volume of 300,741. Quad/Graphics has a one year low of $17.73 and a one year high of $31.29. The company has a market cap of $1.17 billion, a price-to-earnings ratio of 12.09 and a beta of 0.96. The company has a current ratio of 1.24, a quick ratio of 0.83 and a debt-to-equity ratio of 2.00.

Quad/Graphics (NYSE:QUAD) last released its quarterly earnings results on Tuesday, July 31st. The business services provider reported $0.23 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.16 by $0.07. Quad/Graphics had a net margin of 1.95% and a return on equity of 18.66%. The company had revenue of $1.02 billion during the quarter. research analysts forecast that Quad/Graphics will post 1.89 EPS for the current fiscal year.

Quad/Graphics declared that its board has initiated a share buyback program on Tuesday, July 31st that authorizes the company to repurchase $100.00 million in shares. This repurchase authorization authorizes the business services provider to repurchase up to 9.1% of its shares through open market purchases. Shares repurchase programs are usually an indication that the company’s board of directors believes its shares are undervalued.

The business also recently declared a quarterly dividend, which will be paid on Friday, September 7th. Investors of record on Monday, August 20th will be paid a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 5.51%. The ex-dividend date of this dividend is Friday, August 17th. Quad/Graphics’s payout ratio is currently 66.67%.

In other Quad/Graphics news, Director John C. Fowler sold 10,000 shares of the company’s stock in a transaction dated Wednesday, August 1st. The shares were sold at an average price of $24.01, for a total value of $240,100.00. Following the sale, the director now owns 109,645 shares in the company, valued at $2,632,576.45. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Jennifer J. Kent sold 9,143 shares of the company’s stock in a transaction dated Friday, August 3rd. The stock was sold at an average price of $21.83, for a total transaction of $199,591.69. Following the completion of the sale, the executive vice president now owns 125,084 shares in the company, valued at approximately $2,730,583.72. The disclosure for this sale can be found here. 7.70% of the stock is owned by corporate insiders.

A number of institutional investors and hedge funds have recently made changes to their positions in QUAD. Schroder Investment Management Group grew its holdings in Quad/Graphics by 146.2% in the first quarter. Schroder Investment Management Group now owns 6,400 shares of the business services provider’s stock worth $162,000 after purchasing an additional 3,800 shares during the period. Sun Life Financial INC purchased a new stake in Quad/Graphics in the second quarter worth about $183,000. SG Americas Securities LLC grew its holdings in Quad/Graphics by 48.3% in the second quarter. SG Americas Securities LLC now owns 9,265 shares of the business services provider’s stock worth $193,000 after purchasing an additional 3,019 shares during the period. Meeder Asset Management Inc. grew its holdings in Quad/Graphics by 461.0% in the second quarter. Meeder Asset Management Inc. now owns 10,574 shares of the business services provider’s stock worth $220,000 after purchasing an additional 8,689 shares during the period. Finally, MetLife Investment Advisors LLC purchased a new stake in Quad/Graphics in the fourth quarter worth about $296,000. Institutional investors and hedge funds own 53.40% of the company’s stock.

Quad/Graphics Company Profile

Quad/Graphics, Inc provides print and marketing services in the United States, Europe, Latin America, and internationally. It operates through United States Print and Related Services, and International segments. The company offers printing services, including 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 paper procurement services.

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