Quad Graphics (NYSE:QUAD) Raised to “Strong-Buy” at Wall Street Zen

Quad Graphics (NYSE:QUAD) was upgraded by investment analysts at Wall Street Zen from a “buy” rating to a “strong-buy” rating in a report released on Saturday.

Other research analysts have also recently issued reports about the company. Rosenblatt Securities lowered their price objective on Quad Graphics from $8.60 to $8.20 and set a “buy” rating for the company in a research report on Thursday, October 30th. Barrington Research reaffirmed an “outperform” rating and issued a $10.00 price target on shares of Quad Graphics in a report on Friday, October 31st. Zacks Research cut shares of Quad Graphics from a “strong-buy” rating to a “hold” rating in a report on Tuesday, December 30th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Quad Graphics in a report on Wednesday, January 28th. Two equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $9.10.

Quad Graphics Trading Up 3.5%

NYSE QUAD opened at $7.03 on Friday. Quad Graphics has a 52 week low of $4.50 and a 52 week high of $7.11. The firm has a 50 day moving average of $6.30 and a two-hundred day moving average of $6.15. The company has a quick ratio of 0.63, a current ratio of 0.86 and a debt-to-equity ratio of 2.52. The stock has a market capitalization of $357.69 million, a PE ratio of 13.02 and a beta of 1.10.

Quad Graphics (NYSE:QUAD) last released its quarterly earnings data on Tuesday, February 17th. The business services provider reported $0.36 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.36. The business had revenue of $630.60 million during the quarter, compared to analysts’ expectations of $632.90 million. Quad Graphics had a net margin of 1.12% and a return on equity of 49.71%. As a group, research analysts expect that Quad Graphics will post 1.08 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the business. CANADA LIFE ASSURANCE Co purchased a new stake in shares of Quad Graphics in the fourth quarter valued at about $26,000. State of Alaska Department of Revenue purchased a new stake in Quad Graphics during the 4th quarter valued at approximately $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 worth $36,000 after acquiring an additional 3,019 shares during the period. CWM LLC lifted its position in Quad Graphics by 48.3% during the 2nd quarter. CWM LLC now owns 7,572 shares of the business services provider’s stock worth $43,000 after acquiring an additional 2,466 shares during the period. Finally, Stokes Family Office LLC purchased a new position in shares of Quad Graphics in the 4th quarter valued at approximately $68,000. 39.52% of the stock is owned by hedge funds and other institutional investors.

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.