Quad Graphics, Inc (NYSE:QUAD) Receives Consensus Recommendation of “Buy” from Brokerages

by · The Cerbat Gem

Shares of Quad Graphics, Inc (NYSE:QUAD – Get Free Report) have earned a consensus rating of “Buy” from the five ratings firms that are presently covering the stock, Marketbeat.com reports. One analyst has rated the stock with a hold recommendation, three have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is $12.00.

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

View Our Latest Research Report on Quad Graphics

Institutional Trading of Quad Graphics

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Janney Montgomery Scott LLC lifted its position in Quad Graphics by 1.7% in the first quarter. Janney Montgomery Scott LLC now owns 95,072 shares of the business services provider’s stock valued at $628,000 after acquiring an additional 1,553 shares during the last quarter. Baron Wealth Management LLC grew its holdings in shares of Quad Graphics by 14.2% during the second quarter. Baron Wealth Management LLC now owns 24,973 shares of the business services provider’s stock worth $211,000 after purchasing an additional 3,107 shares during the last quarter. Invst LLC grew its holdings in shares of Quad Graphics by 1.1% during the fourth quarter. Invst LLC now owns 360,463 shares of the business services provider’s stock worth $2,260,000 after purchasing an additional 4,069 shares during the last quarter. Kathmere Capital Management LLC grew its holdings in shares of Quad Graphics by 51.7% during the first quarter. Kathmere Capital Management LLC now owns 19,878 shares of the business services provider’s stock worth $131,000 after purchasing an additional 6,778 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership increased its position in shares of Quad Graphics by 2.0% during the first quarter. Arrowstreet Capital Limited Partnership now owns 460,452 shares of the business services provider’s stock worth $3,044,000 after purchasing an additional 9,174 shares in the last quarter. 39.52% of the stock is owned by institutional investors and hedge funds.

Quad Graphics Trading Up 0.3%

Shares of Quad Graphics stock opened at $9.44 on Tuesday. Quad Graphics has a 1-year low of $5.12 and a 1-year high of $11.15. The stock has a market cap of $486.00 million, a P/E ratio of 14.99 and a beta of 1.12. The stock’s 50 day simple moving average is $9.88 and its 200-day simple moving average is $8.39. The company has a debt-to-equity ratio of 2.81, a current ratio of 0.87 and a quick ratio of 0.60.

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

Quad Graphics Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, September 4th. Stockholders of record on Monday, August 17th were paid a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 4.2%. The ex-dividend date of this dividend was Monday, August 17th. Quad Graphics’s dividend payout ratio is 63.49%.

About Quad Graphics

(Get Free Report)

Quad/Graphics, Inc, doing business as Quad, is a marketing experience company that helps brands develop, produce and distribute print and digital communications. Its services span creative development, content management, media planning and placement, marketing strategy, data and analytics, and production services.

The company is also a major provider of commercial printing and related production capabilities. Its offerings include catalogs, magazines, direct-mail materials, packaging, marketing collateral, in-store displays and other printed products.

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