Quad/Graphics (NYSE:QUAD) Upgraded by StockNews.com to “Strong-Buy” Rating

StockNews.com upgraded shares of Quad/Graphics (NYSE:QUAD) from a buy rating to a strong-buy rating in a report released on Saturday morning.

A number of other research firms have also commented on QUAD. Rosenblatt Securities raised their price target on Quad/Graphics from $7.70 to $10.30 and gave the stock a “buy” rating in a report on Monday, November 25th. Barrington Research restated an “outperform” rating and issued a $10.00 target price on shares of Quad/Graphics in a research note on Tuesday, November 26th.

Quad/Graphics Stock Down 2.8 %

Quad/Graphics stock opened at $6.53 on Friday. The firm has a 50 day moving average price of $7.38 and a 200-day moving average price of $5.87. The company has a quick ratio of 0.56, a current ratio of 0.85 and a debt-to-equity ratio of 8.35. Quad/Graphics has a twelve month low of $4.06 and a twelve month high of $9.13. The company has a market capitalization of $340.34 million, a P/E ratio of -3.96 and a beta of 1.59.

Quad/Graphics (NYSE:QUAD) last announced its quarterly earnings results on Monday, October 28th. The business services provider reported $0.26 EPS for the quarter, beating analysts’ consensus estimates of $0.20 by $0.06. The company had revenue of $674.80 million for the quarter, compared to analysts’ expectations of $654.90 million. Quad/Graphics had a negative net margin of 2.82% and a positive return on equity of 42.63%. During the same period in the prior year, the company posted $0.11 EPS. As a group, equities analysts predict that Quad/Graphics will post 0.84 EPS for the current year.

Quad/Graphics Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, December 6th. Shareholders of record on Monday, November 18th were given a dividend of $0.05 per share. The ex-dividend date of this dividend was Monday, November 18th. This represents a $0.20 dividend on an annualized basis and a yield of 3.06%. Quad/Graphics’s payout ratio is -12.12%.

Hedge Funds Weigh In On Quad/Graphics

A number of large investors have recently bought and sold shares of the stock. Barclays PLC lifted its stake in Quad/Graphics by 323.3% in the third quarter. Barclays PLC now owns 42,763 shares of the business services provider’s stock worth $195,000 after acquiring an additional 32,661 shares during the period. Geode Capital Management LLC raised its holdings in Quad/Graphics by 2.3% in the 3rd quarter. Geode Capital Management LLC now owns 669,036 shares of the business services provider’s stock worth $3,038,000 after purchasing an additional 15,220 shares in the last quarter. Jane Street Group LLC raised its holdings in Quad/Graphics by 96.4% in the 3rd quarter. Jane Street Group LLC now owns 85,111 shares of the business services provider’s stock worth $386,000 after purchasing an additional 41,786 shares in the last quarter. State Street Corp lifted its position in shares of Quad/Graphics by 2.0% in the 3rd quarter. State Street Corp now owns 539,071 shares of the business services provider’s stock worth $2,447,000 after purchasing an additional 10,431 shares during the period. Finally, Stifel Financial Corp boosted its stake in shares of Quad/Graphics by 61.9% during the 3rd quarter. Stifel Financial Corp now owns 31,060 shares of the business services provider’s stock valued at $141,000 after purchasing an additional 11,874 shares in the last quarter. 39.52% of the stock is owned by hedge funds and other institutional investors.

Quad/Graphics Company Profile

Quad/Graphics, Inc provides marketing solutions worldwide. The company operates through United States Print and Related Services, and International segments. It offers printing services, such as retail inserts, publications, catalogs, special interest publications, journals, direct mail, directories, in-store marketing and promotion, packaging, newspapers, custom print products, and other commercial and specialty printed products; and paper procurement services.