StockNews.com Downgrades Quad/Graphics (NYSE:QUAD) to Buy

Quad/Graphics (NYSE:QUAD) was downgraded by research analysts at StockNews.com from a “strong-buy” rating to a “buy” rating in a research note issued to investors on Wednesday.

Several other analysts also recently weighed in on QUAD. Rosenblatt Securities lifted their target price on shares of Quad/Graphics from $7.70 to $10.30 and gave the company a “buy” rating in a report on Monday, November 25th. Barrington Research reaffirmed an “outperform” rating and issued a $10.00 price objective on shares of Quad/Graphics in a research note on Tuesday, November 26th.

Quad/Graphics Price Performance

NYSE:QUAD opened at $6.92 on Wednesday. Quad/Graphics has a 52 week low of $4.06 and a 52 week high of $9.13. The stock’s fifty day moving average is $7.28 and its two-hundred day moving average is $5.96. The company has a market capitalization of $360.77 million, a P/E ratio of -4.20 and a beta of 1.59. 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 (NYSE:QUAD) last issued its quarterly earnings data on Monday, October 28th. The business services provider reported $0.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.20 by $0.06. The firm had revenue of $674.80 million for the quarter, compared to analyst estimates 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 previous year, the firm earned $0.11 EPS. Equities analysts expect that Quad/Graphics will post 0.84 EPS for the current year.

Institutional Investors Weigh In On Quad/Graphics

Several large investors have recently added to or reduced their stakes in QUAD. SG Americas Securities LLC purchased a new position in Quad/Graphics in the 3rd quarter valued at approximately $54,000. FMR LLC boosted its holdings in Quad/Graphics by 1,103.6% in the third quarter. FMR LLC now owns 22,050 shares of the business services provider’s stock valued at $100,000 after purchasing an additional 20,218 shares during the period. Cubist Systematic Strategies LLC grew its stake in Quad/Graphics by 20.7% during the 2nd quarter. Cubist Systematic Strategies LLC now owns 23,486 shares of the business services provider’s stock worth $128,000 after purchasing an additional 4,023 shares in the last quarter. EMC Capital Management increased its holdings in Quad/Graphics by 835.7% during the 4th quarter. EMC Capital Management now owns 25,020 shares of the business services provider’s stock worth $174,000 after purchasing an additional 22,346 shares during the period. Finally, Stifel Financial Corp raised its position in Quad/Graphics by 61.9% in 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.

About Quad/Graphics

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.