StockNews.com Downgrades Quad/Graphics (NYSE:QUAD) to Buy

Quad/Graphics (NYSE:QUAD) was downgraded by equities research analysts at StockNews.com from a “strong-buy” rating to a “buy” rating in a research report issued to clients and investors on Wednesday.

QUAD has been the topic of several other reports. 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. Rosenblatt Securities upped their price target on shares of Quad/Graphics from $7.70 to $10.30 and gave the company a “buy” rating in a research note on Monday, November 25th.

Quad/Graphics Stock Performance

QUAD traded down $0.11 during mid-day trading on Wednesday, reaching $6.73. 317,305 shares of the company traded hands, compared to its average volume of 193,931. The company’s fifty day moving average price is $7.28 and its 200-day moving average price is $5.96. The stock has a market capitalization of $350.87 million, a P/E ratio of -4.08 and a beta of 1.59. The company has a quick ratio of 0.56, a current ratio of 0.85 and a debt-to-equity ratio of 8.35. Quad/Graphics has a 52-week low of $4.06 and a 52-week high of $9.13.

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

Institutional Trading of Quad/Graphics

Institutional investors have recently bought and sold shares of the stock. PFG Investments LLC increased its stake in shares of Quad/Graphics by 24.2% in the fourth quarter. PFG Investments LLC now owns 76,053 shares of the business services provider’s stock worth $530,000 after acquiring an additional 14,800 shares during the period. Exchange Traded Concepts LLC lifted its holdings in Quad/Graphics by 7.4% in the fourth quarter. Exchange Traded Concepts LLC now owns 250,262 shares of the business services provider’s stock valued at $1,744,000 after acquiring an additional 17,263 shares during the period. Inspire Investing LLC purchased a new stake in Quad/Graphics in the 4th quarter worth approximately $1,150,000. SG Americas Securities LLC grew its stake in shares of Quad/Graphics by 16.1% during the 4th quarter. SG Americas Securities LLC now owns 13,851 shares of the business services provider’s stock worth $97,000 after purchasing an additional 1,922 shares during the period. Finally, Barclays PLC increased its holdings in shares of Quad/Graphics by 323.3% during the 3rd quarter. Barclays PLC now owns 42,763 shares of the business services provider’s stock valued at $195,000 after purchasing an additional 32,661 shares in the last quarter. 39.52% of the stock is currently owned by institutional investors and hedge funds.

About Quad/Graphics

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.