Quad Graphics (NYSE:QUAD) Stock Crosses Above 50 Day Moving Average – Time to Sell?

Quad Graphics, Inc (NYSE:QUAD) shares passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $8.88 and traded as high as $10.42. Quad Graphics shares last traded at $10.36, with a volume of 387,066 shares.

Analyst Ratings Changes

A number of equities research analysts have issued reports on QUAD shares. Rosenblatt Securities boosted their price target on Quad Graphics from $9.80 to $13.00 and gave the company a “buy” rating in a research report on Thursday, July 30th. Benchmark raised their price objective on Quad Graphics from $10.00 to $13.00 and gave the stock a “buy” rating in a report on Thursday, July 30th. Zacks Research upgraded shares of Quad Graphics from a “hold” rating to a “strong-buy” rating in a research note on Monday, August 3rd. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Quad Graphics in a research report on Friday, July 24th. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Buy” and a consensus price target of $12.00.

Quad Graphics Stock Performance

The company has a fifty day moving average of $8.88 and a two-hundred day moving average of $7.69. The stock has a market capitalization of $533.13 million, a P/E ratio of 16.44 and a beta of 1.11. 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) last posted its earnings results on Tuesday, July 28th. The business services provider reported $0.24 EPS for the quarter, beating the consensus estimate of $0.20 by $0.04. The company had revenue of $577.50 million during the quarter, compared to analyst estimates of $545.15 million. Quad Graphics had a return on equity of 47.90% and a net margin of 1.31%. On average, equities analysts anticipate that Quad Graphics, Inc will post 1.27 EPS for the current year.

Quad Graphics Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 4th. Shareholders of record on Monday, August 17th will be given a $0.10 dividend. The ex-dividend date is Monday, August 17th. This represents a $0.40 annualized dividend and a yield of 3.9%. Quad Graphics’s payout ratio is 63.49%.

Hedge Funds Weigh In On Quad Graphics

Several institutional investors and hedge funds have recently bought and sold shares of the business. Hillsdale Investment Management Inc. lifted its holdings in shares of Quad Graphics by 192.3% during the 4th quarter. Hillsdale Investment Management Inc. now owns 152,297 shares of the business services provider’s stock valued at $955,000 after buying an additional 100,197 shares during the last quarter. Ritholtz Wealth Management increased its holdings in Quad Graphics by 50.4% in the first quarter. Ritholtz Wealth Management now owns 267,064 shares of the business services provider’s stock worth $1,765,000 after buying an additional 89,505 shares during the last quarter. Inspire Investing LLC acquired a new position in Quad Graphics in the first quarter worth approximately $1,672,000. Miller Value Partners LLC raised its position in Quad Graphics by 4.4% during the fourth quarter. Miller Value Partners LLC now owns 2,737,890 shares of the business services provider’s stock valued at $17,167,000 after acquiring an additional 114,415 shares in the last quarter. Finally, Baron Wealth Management LLC acquired a new position in Quad Graphics during the first quarter worth $145,000. Hedge funds and other institutional investors own 39.52% of the company’s stock.

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.