Quad Graphics (NYSE:QUAD) Shares Pass Below 50 Day Moving Average – Time to Sell?

Quad Graphics, Inc (NYSE:QUAD) shares crossed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $6.14 and traded as low as $5.98. Quad Graphics shares last traded at $6.0450, with a volume of 115,185 shares traded.

Wall Street Analyst Weigh In

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

Quad Graphics Stock Performance

The business’s 50-day simple moving average is $6.14 and its two-hundred day simple moving average is $6.06. The firm has a market cap of $307.57 million, a price-to-earnings ratio of 14.74 and a beta of 1.06. The company has a quick ratio of 0.65, a current ratio of 0.98 and a debt-to-equity ratio of 4.49.

Quad Graphics (NYSE:QUAD) last posted its earnings results on Tuesday, October 28th. The business services provider reported $0.31 EPS for the quarter, beating analysts’ consensus estimates of $0.27 by $0.04. The firm had revenue of $588.00 million for the quarter, compared to analysts’ expectations of $605.45 million. Quad Graphics had a return on equity of 62.52% and a net margin of 0.82%. As a group, sell-side analysts expect that Quad Graphics, Inc will post 1.08 earnings per share for the current fiscal year.

Institutional Trading of Quad Graphics

Institutional investors and hedge funds have recently made changes to their positions in the business. State of Alaska Department of Revenue purchased a new position in shares of Quad Graphics during the 4th quarter valued at approximately $29,000. BNP Paribas Financial Markets grew its stake in Quad Graphics by 113.1% during the 3rd quarter. BNP Paribas Financial Markets now owns 5,688 shares of the business services provider’s stock valued at $36,000 after acquiring an additional 3,019 shares in the last quarter. CWM LLC boosted its holdings in shares of Quad Graphics by 48.3% during the 2nd quarter. CWM LLC now owns 7,572 shares of the business services provider’s stock worth $43,000 after purchasing an additional 2,466 shares during the last quarter. Ameriprise Financial Inc. purchased a new stake in shares of Quad Graphics in the third quarter valued at approximately $75,000. Finally, Kathmere Capital Management LLC acquired a new stake in shares of Quad Graphics in the fourth quarter valued at approximately $82,000. 39.52% of the stock is currently owned by hedge funds and other institutional investors.

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.