Quad Graphics, Inc (NYSE:QUAD) Receives Consensus Rating of “Buy” from Analysts

Shares of Quad Graphics, Inc (NYSE:QUAD) have been given a consensus rating of “Buy” by the five research firms that are presently covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a hold recommendation, three have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is $12.00.

A number of equities research analysts have commented on QUAD shares. Benchmark raised their target price on Quad Graphics from $10.00 to $13.00 and gave the company a “buy” rating in a report on Thursday, July 30th. Zacks Research upgraded shares of Quad Graphics from a “hold” rating to a “strong-buy” rating in a report on Monday, August 3rd. Rosenblatt Securities raised their price objective 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. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Quad Graphics in a report on Friday, July 24th.

Institutional Investors Weigh In On Quad Graphics

A number of institutional investors and hedge funds have recently modified their holdings of the company. CANADA LIFE ASSURANCE Co purchased a new position in Quad Graphics in the 4th quarter valued at approximately $26,000. California State Teachers Retirement System raised its holdings in Quad Graphics by 109.4% during the second quarter. California State Teachers Retirement System now owns 3,279 shares of the business services provider’s stock worth $28,000 after purchasing an additional 1,713 shares during the last quarter. BNP Paribas Financial Markets boosted its position in Quad Graphics by 113.1% during the third quarter. BNP Paribas Financial Markets now owns 5,688 shares of the business services provider’s stock worth $36,000 after purchasing an additional 3,019 shares in the last quarter. Stokes Family Office LLC purchased a new stake in Quad Graphics during the fourth quarter worth $68,000. Finally, DGS Capital Management LLC acquired a new stake in Quad Graphics in the first quarter valued at $71,000. Institutional investors and hedge funds own 39.52% of the company’s stock.

Quad Graphics Price Performance

Quad Graphics stock opened at $10.36 on Friday. The stock has a market capitalization of $533.13 million, a PE ratio of 16.44 and a beta of 1.08. 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 has a 12 month low of $5.12 and a 12 month high of $11.15. The business has a 50 day simple moving average of $9.32 and a 200-day simple moving average of $7.94.

Quad Graphics (NYSE:QUAD) last issued its 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. The business had revenue of $577.50 million for the quarter, compared to the consensus estimate of $545.15 million. Quad Graphics had a net margin of 1.31% and a return on equity of 47.90%. Equities analysts predict that Quad Graphics will post 1.27 earnings per share for the current year.

Quad Graphics Dividend Announcement

The business also recently declared 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 3.9%. The ex-dividend date is Monday, August 17th. Quad Graphics’s dividend payout ratio (DPR) is presently 63.49%.

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.