Quad Graphics, Inc (NYSE:QUAD) Receives $9.93 Average PT from Analysts

Quad Graphics, Inc (NYSE:QUAD) has been given an average rating of “Moderate Buy” by the five research firms that are currently covering the stock, Marketbeat Ratings reports. Two research analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is $9.9333.

QUAD has been the topic of several analyst reports. Weiss Ratings reiterated a “hold (c)” rating on shares of Quad Graphics in a report on Monday, April 27th. Benchmark assumed coverage on Quad Graphics in a research report on Tuesday, April 7th. They set a “buy” rating and a $10.00 price target for the company. Finally, Wall Street Zen upgraded Quad Graphics from a “buy” rating to a “strong-buy” rating in a research note on Sunday, March 29th.

Hedge Funds Weigh In On Quad Graphics

A number of institutional investors have recently added to or reduced their stakes in the company. AQR Capital Management LLC acquired a new stake in Quad Graphics in the first quarter valued at $2,101,000. Jones Financial Companies Lllp grew its position 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 acquiring an additional 17,408 shares during the period. Empowered Funds LLC increased its stake in shares of Quad Graphics by 7.3% during the 1st quarter. Empowered Funds LLC now owns 315,209 shares of the business services provider’s stock worth $1,718,000 after purchasing an additional 21,448 shares during the last quarter. Focus Partners Wealth acquired a new position in shares of Quad Graphics during the 1st quarter worth about $144,000. Finally, Geode Capital Management LLC raised its holdings 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. 39.52% of the stock is currently owned by institutional investors and hedge funds.

Quad Graphics Stock Down 0.8%

Quad Graphics stock opened at $8.54 on Thursday. The company has a current ratio of 0.94, a quick ratio of 0.65 and a debt-to-equity ratio of 3.04. Quad Graphics has a 1-year low of $5.01 and a 1-year high of $8.84. The company has a fifty day simple moving average of $7.85 and a 200 day simple moving average of $7.14. The company has a market cap of $440.32 million, a P/E ratio of 15.25 and a beta of 1.11.

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

Quad Graphics Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 4th. Stockholders of record on Monday, August 17th will be issued a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 4.7%. The ex-dividend date of this dividend is Monday, August 17th. Quad Graphics’s dividend payout ratio is presently 71.43%.

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.