Brokerages Set Quad Graphics, Inc (NYSE:QUAD) PT at $9.93

Quad Graphics, Inc (NYSE:QUAD) has been assigned an average recommendation of “Moderate Buy” from the five research firms that are currently covering the company, MarketBeat reports. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is $9.9333.

A number of research analysts have weighed in on QUAD shares. Wall Street Zen raised Quad Graphics from a “buy” rating to a “strong-buy” rating in a research note on Sunday, March 29th. Benchmark initiated coverage on shares of Quad Graphics in a report on Tuesday, April 7th. They set a “buy” rating and a $10.00 price objective on the stock. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Quad Graphics in a report on Monday, April 27th.

Institutional Investors Weigh In On Quad Graphics

Institutional investors have recently bought and sold shares of the stock. CANADA LIFE ASSURANCE Co purchased a new stake in Quad Graphics in the fourth quarter valued at approximately $26,000. State of Alaska Department of Revenue purchased a new stake in Quad Graphics in the fourth quarter valued at approximately $29,000. BNP Paribas Financial Markets grew its holdings in Quad Graphics by 113.1% in the third quarter. BNP Paribas Financial Markets now owns 5,688 shares of the business services provider’s stock valued at $36,000 after purchasing an additional 3,019 shares during the period. Stokes Family Office LLC acquired a new position in Quad Graphics during the fourth quarter valued at approximately $68,000. Finally, DGS Capital Management LLC acquired a new position in Quad Graphics during the first quarter valued at approximately $71,000. 39.52% of the stock is currently owned by hedge funds and other institutional investors.

Quad Graphics Stock Performance

NYSE:QUAD opened at $8.02 on Friday. The firm has a 50 day simple moving average of $7.51 and a 200-day simple moving average of $6.86. The company has a debt-to-equity ratio of 3.04, a current ratio of 0.94 and a quick ratio of 0.65. The firm has a market cap of $413.30 million, a PE ratio of 14.31 and a beta of 1.15. Quad Graphics has a 1-year low of $5.01 and a 1-year high of $8.64.

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

Quad Graphics Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, June 5th. Investors of record on Thursday, May 21st were issued a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 5.0%. The ex-dividend date was Thursday, May 21st. Quad Graphics’s 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.