Quad Graphics (NYSE:QUAD) Share Price Passes Above Fifty Day Moving Average – What’s Next?

Quad Graphics, Inc (NYSE:QUAD) shares passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $7.10 and traded as high as $7.48. Quad Graphics shares last traded at $7.3640, with a volume of 157,217 shares traded.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on QUAD shares. Rosenblatt Securities boosted their target price on Quad Graphics from $8.20 to $9.80 and gave the stock a “buy” rating in a report on Wednesday, February 25th. Wall Street Zen raised Quad Graphics from a “buy” rating to a “strong-buy” rating in a report on Sunday, March 29th. Benchmark started coverage on Quad Graphics in a report on Tuesday, April 7th. They issued a “buy” rating and a $10.00 target price on the stock. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Quad Graphics in a report on Monday, April 27th. Three 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 company currently has an average rating of “Moderate Buy” and a consensus price target of $9.93.

Quad Graphics Stock Performance

The firm has a fifty day simple moving average of $7.10 and a 200-day simple moving average of $6.50. The company has a current ratio of 0.94, a quick ratio of 0.65 and a debt-to-equity ratio of 3.04. The stock has a market cap of $379.69 million, a price-to-earnings ratio of 13.15 and a beta of 1.18.

Quad Graphics (NYSE:QUAD) last posted its quarterly earnings data on Tuesday, April 28th. The business services provider reported $0.25 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.22 by $0.03. Quad Graphics had a return on equity of 47.27% and a net margin of 1.16%.The firm had revenue of $581.00 million for the quarter, compared to the consensus estimate of $581.07 million. Analysts forecast that Quad Graphics, Inc will post 1.2 EPS for the current fiscal year.

Quad Graphics Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, June 5th. Stockholders of record on Thursday, May 21st will be paid a $0.10 dividend. The ex-dividend date of this dividend is Thursday, May 21st. This represents a $0.40 dividend on an annualized basis and a dividend yield of 5.4%. Quad Graphics’s dividend payout ratio is 71.43%.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in QUAD. AQR Capital Management LLC acquired a new position in shares of Quad Graphics in the 1st quarter valued at $2,101,000. Jones Financial Companies Lllp lifted its stake in shares of Quad Graphics by 1,135.6% in the 1st quarter. Jones Financial Companies Lllp now owns 18,941 shares of the business services provider’s stock valued at $103,000 after purchasing an additional 17,408 shares during the period. Empowered Funds LLC lifted its stake in shares of Quad Graphics by 7.3% in the 1st quarter. Empowered Funds LLC now owns 315,209 shares of the business services provider’s stock valued at $1,718,000 after purchasing an additional 21,448 shares during the period. Focus Partners Wealth acquired a new position in shares of Quad Graphics in the 1st quarter valued at $144,000. Finally, Geode Capital Management LLC lifted its stake in shares of Quad Graphics by 0.3% in the 2nd quarter. Geode Capital Management LLC now owns 703,720 shares of the business services provider’s stock valued at $3,977,000 after purchasing an additional 1,837 shares during the period. Institutional investors and hedge funds own 39.52% of the company’s stock.

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.