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

StockNews.com lowered shares of Quad/Graphics (NYSE:QUADFree Report) from a strong-buy rating to a buy rating in a research report released on Wednesday morning.

Other research analysts have also recently issued research reports about the stock. Barrington Research restated an “outperform” rating and issued a $10.00 target price on shares of Quad/Graphics in a research report on Tuesday, November 26th. Rosenblatt Securities upped their target price on shares of Quad/Graphics from $7.70 to $10.30 and gave the stock a “buy” rating in a research report on Monday, November 25th.

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Quad/Graphics Price Performance

Shares of NYSE:QUAD opened at $6.83 on Wednesday. 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 fifty-two week low of $4.06 and a fifty-two week high of $9.13. The firm has a 50-day simple moving average of $7.26 and a 200 day simple moving average of $5.97. The company has a market cap of $355.71 million, a PE ratio of -4.14 and a beta of 1.59.

Quad/Graphics (NYSE:QUADGet Free Report) last posted its earnings results on Monday, October 28th. The business services provider reported $0.26 EPS for the quarter, topping the consensus estimate of $0.20 by $0.06. Quad/Graphics had a negative net margin of 2.82% and a positive return on equity of 42.63%. The firm had revenue of $674.80 million during the quarter, compared to analysts’ expectations of $654.90 million. During the same quarter in the prior year, the firm earned $0.11 EPS. On average, sell-side analysts anticipate that Quad/Graphics will post 0.84 EPS for the current year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Renaissance Technologies LLC boosted its holdings in shares of Quad/Graphics by 1.7% in the second quarter. Renaissance Technologies LLC now owns 777,300 shares of the business services provider’s stock valued at $4,236,000 after acquiring an additional 13,200 shares in the last quarter. Geode Capital Management LLC boosted its holdings in shares of Quad/Graphics by 2.3% in the third quarter. Geode Capital Management LLC now owns 669,036 shares of the business services provider’s stock valued at $3,038,000 after acquiring an additional 15,220 shares in the last quarter. State Street Corp boosted its holdings in shares of Quad/Graphics by 2.0% in the third quarter. State Street Corp now owns 539,071 shares of the business services provider’s stock valued at $2,447,000 after acquiring an additional 10,431 shares in the last quarter. Empowered Funds LLC boosted its holdings in shares of Quad/Graphics by 5.4% in the third quarter. Empowered Funds LLC now owns 279,486 shares of the business services provider’s stock valued at $1,269,000 after acquiring an additional 14,204 shares in the last quarter. Finally, Exchange Traded Concepts LLC lifted its stake in Quad/Graphics by 7.4% during the fourth quarter. Exchange Traded Concepts LLC now owns 250,262 shares of the business services provider’s stock valued at $1,744,000 after purchasing an additional 17,263 shares during the last quarter. 39.52% of the stock is currently owned by institutional investors.

Quad/Graphics Company Profile

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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.

Further Reading

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