Quad Graphics, Inc (NYSE:QUAD) Given Consensus Rating of “Buy” by Brokerages

Quad Graphics, Inc (NYSE:QUAD) has been given an average rating of “Buy” by the five analysts that are presently covering the company, Marketbeat.com reports. One research analyst has rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the company. The average 12-month price objective among brokerages that have covered the stock in the last year is $12.00.

A number of equities research analysts have recently issued reports on the stock. Weiss Ratings reiterated a “hold (c)” rating on shares of Quad Graphics in a research report on Friday, July 24th. Zacks Research upgraded Quad Graphics from a “hold” rating to a “strong-buy” rating in a research report on Monday, August 3rd. Benchmark upped their target price on Quad Graphics from $10.00 to $13.00 and gave the company a “buy” rating in a research note on Thursday, July 30th. Finally, Rosenblatt Securities raised their price objective on Quad Graphics from $9.80 to $13.00 and gave the stock a “buy” rating in a report on Thursday, July 30th.

Institutional Investors Weigh In On Quad Graphics

Hedge funds have recently modified their holdings of the stock. Janney Montgomery Scott LLC boosted its holdings in Quad Graphics by 1.7% in the 1st quarter. Janney Montgomery Scott LLC now owns 95,072 shares of the business services provider’s stock worth $628,000 after acquiring an additional 1,553 shares during the period. California State Teachers Retirement System increased its stake in Quad Graphics by 109.4% during the 2nd quarter. California State Teachers Retirement System now owns 3,279 shares of the business services provider’s stock worth $28,000 after buying an additional 1,713 shares during the period. Geode Capital Management LLC lifted its holdings in 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 worth $3,977,000 after buying an additional 1,837 shares in the last quarter. American Century Companies Inc. grew its stake in shares of Quad Graphics by 3.8% during the second quarter. American Century Companies Inc. now owns 70,767 shares of the business services provider’s stock valued at $400,000 after acquiring an additional 2,558 shares in the last quarter. Finally, Mackenzie Financial Corp boosted its holdings in Quad Graphics by 17.0% in the third quarter. Mackenzie Financial Corp now owns 19,893 shares of the business services provider’s stock valued at $125,000 after purchasing an additional 2,885 shares during the last quarter. 39.52% of the stock is owned by institutional investors and hedge funds.

Quad Graphics Stock Performance

Shares of QUAD stock opened at $10.10 on Friday. The firm has a market cap of $519.75 million, a price-to-earnings ratio of 16.03 and a beta of 1.08. The stock’s 50-day moving average is $9.51 and its two-hundred day moving average is $8.07. The company has a debt-to-equity ratio of 2.81, a quick ratio of 0.60 and a current ratio of 0.87. Quad Graphics has a 1 year low of $5.12 and a 1 year high of $11.15.

Quad Graphics (NYSE:QUAD) last posted its quarterly earnings data on Tuesday, July 28th. The business services provider reported $0.24 EPS for the quarter, beating analysts’ consensus estimates of $0.20 by $0.04. The company had revenue of $577.50 million for the quarter, compared to analyst estimates of $545.15 million. Quad Graphics had a net margin of 1.31% and a return on equity of 47.90%. Analysts predict that Quad Graphics will post 1.27 earnings per share for the current year.

Quad Graphics Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 4th. Stockholders of record on Monday, August 17th were paid a dividend of $0.10 per share. The ex-dividend date of this dividend was Monday, August 17th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 4.0%. Quad Graphics’s dividend payout ratio is currently 63.49%.

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.