Quad/Graphics (NYSE:QUAD) Downgraded to Buy Rating by StockNews.com

StockNews.com cut shares of Quad/Graphics (NYSE:QUAD) from a strong-buy rating to a buy rating in a research note released on Wednesday.

A number of other research analysts have also recently commented on QUAD. Rosenblatt Securities upped their price target on Quad/Graphics from $7.70 to $10.30 and gave the company a “buy” rating in a research report on Monday, November 25th. Barrington Research reaffirmed an “outperform” rating and set a $10.00 price objective on shares of Quad/Graphics in a report on Tuesday, November 26th.

Quad/Graphics Stock Performance

NYSE QUAD opened at $7.41 on Wednesday. The company has a debt-to-equity ratio of 8.35, a quick ratio of 0.56 and a current ratio of 0.85. The company has a market capitalization of $386.20 million, a PE ratio of -4.49 and a beta of 1.59. Quad/Graphics has a 52-week low of $4.06 and a 52-week high of $9.13. The company has a 50-day simple moving average of $6.94 and a 200 day simple moving average of $5.67.

Quad/Graphics (NYSE:QUAD) last issued its quarterly earnings results on Monday, October 28th. The business services provider reported $0.26 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.20 by $0.06. Quad/Graphics had a negative net margin of 2.82% and a positive return on equity of 42.63%. The company had revenue of $674.80 million during the quarter, compared to analyst estimates of $654.90 million. During the same quarter last year, the business posted $0.11 EPS. On average, research analysts predict that Quad/Graphics will post 0.84 EPS for the current year.

Quad/Graphics Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 6th. Investors of record on Monday, November 18th were paid a dividend of $0.05 per share. The ex-dividend date was Monday, November 18th. This represents a $0.20 annualized dividend and a yield of 2.70%. Quad/Graphics’s dividend payout ratio is currently -12.12%.

Institutional Trading of Quad/Graphics

A number of large investors have recently modified their holdings of QUAD. SG Americas Securities LLC bought a new stake in shares of Quad/Graphics during the 3rd quarter worth $54,000. FMR LLC increased its stake in Quad/Graphics by 1,103.6% in the 3rd quarter. FMR LLC now owns 22,050 shares of the business services provider’s stock worth $100,000 after purchasing an additional 20,218 shares during the period. Heron Bay Capital Management bought a new stake in Quad/Graphics during the 2nd quarter valued at $124,000. Cubist Systematic Strategies LLC raised its stake in shares of 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 acquiring an additional 4,023 shares during the last quarter. Finally, Stifel Financial Corp lifted its holdings in Quad/Graphics by 61.9% in the 3rd quarter. Stifel Financial Corp now owns 31,060 shares of the business services provider’s stock worth $141,000 after buying an additional 11,874 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.