Quad Graphics, Inc (NYSE:QUAD) Receives $12.00 Consensus Target Price from Analysts

Shares of Quad Graphics, Inc (NYSE:QUAD) have received an average recommendation of “Buy” from the five analysts that are covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a hold recommendation, three have issued a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month price objective among brokers that have updated their coverage on the stock in the last year is $12.00.

A number of research analysts recently issued reports on QUAD shares. Weiss Ratings reiterated a “hold (c)” rating on shares of Quad Graphics in a report on Friday, July 24th. Benchmark boosted their target price on Quad Graphics from $10.00 to $13.00 and gave the company a “buy” rating in a research note on Thursday, July 30th. Rosenblatt Securities upped their price target on Quad Graphics from $9.80 to $13.00 and gave the stock a “buy” rating in a research report on Thursday, July 30th. Finally, Zacks Research raised shares of Quad Graphics from a “hold” rating to a “strong-buy” rating in a research note on Monday, August 3rd.

Institutional Investors Weigh In On Quad Graphics

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Hillsdale Investment Management Inc. grew its stake in Quad Graphics by 192.3% in the fourth quarter. Hillsdale Investment Management Inc. now owns 152,297 shares of the business services provider’s stock valued at $955,000 after purchasing an additional 100,197 shares in the last quarter. Ritholtz Wealth Management raised its stake in shares of Quad Graphics by 50.4% during the 1st quarter. Ritholtz Wealth Management now owns 267,064 shares of the business services provider’s stock worth $1,765,000 after purchasing an additional 89,505 shares in the last quarter. Inspire Investing LLC bought a new stake in shares of Quad Graphics during the 1st quarter worth approximately $1,672,000. Miller Value Partners LLC boosted its holdings in shares of Quad Graphics by 4.4% in the 4th quarter. Miller Value Partners LLC now owns 2,737,890 shares of the business services provider’s stock valued at $17,167,000 after buying an additional 114,415 shares during the last quarter. Finally, Baron Wealth Management LLC acquired a new stake in shares of Quad Graphics in the 1st quarter valued at approximately $145,000. 39.52% of the stock is currently owned by institutional investors and hedge funds.

Quad Graphics Trading Up 0.7%

Shares of NYSE:QUAD opened at $9.80 on Monday. Quad Graphics has a 12 month low of $5.12 and a 12 month high of $11.15. The company has a quick ratio of 0.60, a current ratio of 0.87 and a debt-to-equity ratio of 2.81. The company’s fifty day simple moving average is $8.52 and its 200 day simple moving average is $7.50. The firm has a market cap of $504.31 million, a price-to-earnings ratio of 15.56 and a beta of 1.11.

Quad Graphics (NYSE:QUAD) last announced its earnings results on Tuesday, July 28th. The business services provider reported $0.24 earnings per share for the quarter, topping analysts’ consensus estimates of $0.20 by $0.04. Quad Graphics had a net margin of 1.31% and a return on equity of 47.90%. The firm had revenue of $577.50 million during the quarter, compared to analyst estimates of $545.15 million. As a group, research analysts forecast that Quad Graphics will post 1.27 EPS for the current fiscal year.

Quad Graphics Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 4th. Investors of record on Monday, August 17th will be issued a dividend of $0.10 per share. The ex-dividend date is Monday, August 17th. This represents a $0.40 annualized dividend and a yield of 4.1%. Quad Graphics’s dividend payout ratio is presently 63.49%.

About Quad Graphics

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.