Quad Graphics (NYSE:QUAD) Posts Quarterly Earnings Results, Misses Estimates By $0.01 EPS

Quad Graphics (NYSE:QUAD) issued its quarterly earnings results on Tuesday. The business services provider reported $0.36 earnings per share for the quarter, missing analysts’ consensus estimates of $0.37 by ($0.01), FiscalAI reports. The firm had revenue of $630.60 million during the quarter, compared to the consensus estimate of $632.90 million. Quad Graphics had a net margin of 0.82% and a return on equity of 62.52%.

Quad Graphics Price Performance

Quad Graphics stock traded up $0.01 during trading hours on Tuesday, hitting $6.55. 285,922 shares of the company traded hands, compared to its average volume of 141,336. The firm’s 50-day simple moving average is $6.27 and its two-hundred day simple moving average is $6.13. The company has a quick ratio of 0.65, a current ratio of 0.98 and a debt-to-equity ratio of 4.49. The firm has a market cap of $333.26 million, a P/E ratio of 15.98 and a beta of 1.10. Quad Graphics has a 1-year low of $4.50 and a 1-year high of $8.04.

Quad Graphics Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 13th. Investors of record on Friday, February 27th will be issued a $0.10 dividend. The ex-dividend date of this dividend is Friday, February 27th. This is an increase from Quad Graphics’s previous quarterly dividend of $0.08. This represents a $0.40 annualized dividend and a yield of 6.1%. Quad Graphics’s dividend payout ratio is currently 73.17%.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. PharVision Advisers LLC bought a new stake in shares of Quad Graphics in the 3rd quarter worth approximately $131,000. Brevan Howard Capital Management LP acquired a new position in shares of Quad Graphics in the 2nd quarter worth $135,000. Squarepoint Ops LLC acquired a new stake in shares of Quad Graphics during the third quarter worth $143,000. Focus Partners Wealth acquired a new position in shares of Quad Graphics in the 1st quarter valued at $144,000. Finally, Trexquant Investment LP increased its stake in Quad Graphics by 39.8% in the 4th quarter. Trexquant Investment LP now owns 33,335 shares of the business services provider’s stock worth $209,000 after purchasing an additional 9,487 shares in the last quarter. 39.52% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research analysts have recently issued reports on the stock. Rosenblatt Securities reduced their price target on shares of Quad Graphics from $8.60 to $8.20 and set a “buy” rating on the stock in a research report on Thursday, October 30th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Quad Graphics in a report on Wednesday, January 28th. Zacks Research cut Quad Graphics from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, December 30th. Finally, Barrington Research reissued an “outperform” rating and issued a $10.00 price target on shares of Quad Graphics in a report on Friday, October 31st. Two research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $9.10.

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.