Quad/Graphics (NYSE:QUAD) Lifted to Strong-Buy at StockNews.com

StockNews.com upgraded shares of Quad/Graphics (NYSE:QUAD) from a buy rating to a strong-buy rating in a research note issued to investors on Saturday morning.

QUAD has been the topic of a number of other reports. Rosenblatt Securities reissued a “buy” rating and issued a $7.60 price objective on shares of Quad/Graphics in a research report on Friday. Barrington Research reissued an “outperform” rating and issued a $8.50 price objective on shares of Quad/Graphics in a research report on Friday, September 20th.

Quad/Graphics Stock Down 6.4 %

Shares of NYSE QUAD opened at $5.11 on Friday. The firm’s 50-day moving average price is $4.81 and its 200-day moving average price is $4.96. The company has a current ratio of 0.85, a quick ratio of 0.56 and a debt-to-equity ratio of 5.83. The stock has a market capitalization of $266.54 million, a price-to-earnings ratio of -4.29 and a beta of 1.60. Quad/Graphics has a 12-month low of $3.96 and a 12-month high of $6.75.

Quad/Graphics (NYSE:QUAD) last announced its earnings results on Tuesday, July 30th. The business services provider reported $0.12 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.07 by $0.05. The firm had revenue of $634.20 million for the quarter, compared to analysts’ expectations of $645.70 million. Quad/Graphics had a negative net margin of 2.00% and a positive return on equity of 26.62%. During the same period in the prior year, the company earned $0.02 EPS. On average, equities research analysts anticipate that Quad/Graphics will post 0.76 EPS for the current fiscal year.

Quad/Graphics Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 6th. Investors of record on Monday, November 18th will be given a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a yield of 3.91%. The ex-dividend date is Monday, November 18th. Quad/Graphics’s dividend payout ratio (DPR) is currently -16.81%.

Institutional Trading of Quad/Graphics

Several institutional investors and hedge funds have recently modified their holdings of the stock. EMC Capital Management increased its holdings in Quad/Graphics by 11.7% during the first quarter. EMC Capital Management now owns 25,020 shares of the business services provider’s stock valued at $133,000 after buying an additional 2,623 shares during the period. Cubist Systematic Strategies LLC increased its holdings in Quad/Graphics by 20.7% during the second quarter. Cubist Systematic Strategies LLC now owns 23,486 shares of the business services provider’s stock valued at $128,000 after buying an additional 4,023 shares during the period. Exchange Traded Concepts LLC increased its holdings in Quad/Graphics by 3.5% during the third quarter. Exchange Traded Concepts LLC now owns 232,999 shares of the business services provider’s stock valued at $1,058,000 after buying an additional 7,914 shares during the period. BNP Paribas Financial Markets increased its holdings in Quad/Graphics by 20.8% during the first quarter. BNP Paribas Financial Markets now owns 46,127 shares of the business services provider’s stock valued at $245,000 after buying an additional 7,947 shares during the period. Finally, Janney Montgomery Scott LLC increased its holdings in Quad/Graphics by 9.8% during the first quarter. Janney Montgomery Scott LLC now owns 89,865 shares of the business services provider’s stock valued at $477,000 after buying an additional 8,031 shares during the period. Institutional investors own 39.52% of the company’s stock.

Quad/Graphics Company Profile

Quad/Graphics, Inc provides marketing solutions worldwide. The company operates through United States Print and Related Services, and International segments. It offers printing services, such as retail inserts, publications, catalogs, special interest publications, journals, direct mail, directories, in-store marketing and promotion, packaging, newspapers, custom print products, and other commercial and specialty printed products; and paper procurement services.