Quad/Graphics (NYSE:QUAD) Downgraded by StockNews.com 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 report issued on Friday.

Separately, TheStreet cut Quad/Graphics from a “c-” rating to a “d+” rating in a research note on Monday, September 11th.

Quad/Graphics Stock Performance

Shares of QUAD opened at $4.36 on Friday. The company has a debt-to-equity ratio of 3.05, a quick ratio of 0.51 and a current ratio of 0.81. The stock has a 50 day moving average price of $4.87 and a two-hundred day moving average price of $4.53. The firm has a market capitalization of $224.58 million, a P/E ratio of -5.07 and a beta of 1.74. Quad/Graphics has a 52 week low of $2.68 and a 52 week high of $6.41.

Quad/Graphics (NYSE:QUAD) last posted its quarterly earnings data on Tuesday, October 31st. The business services provider reported $0.11 EPS for the quarter, beating the consensus estimate of $0.09 by $0.02. The business had revenue of $700.20 million for the quarter, compared to the consensus estimate of $732.40 million. Quad/Graphics had a positive return on equity of 22.74% and a negative net margin of 1.38%. During the same quarter in the prior year, the business earned $0.32 earnings per share. Equities analysts forecast that Quad/Graphics will post 0.54 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Quad/Graphics

Large investors have recently added to or reduced their stakes in the stock. BlackRock Inc. lifted its stake in shares of Quad/Graphics by 3.3% during the 2nd quarter. BlackRock Inc. now owns 2,122,344 shares of the business services provider’s stock valued at $7,980,000 after buying an additional 67,518 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of Quad/Graphics by 2.9% during the third quarter. Dimensional Fund Advisors LP now owns 2,066,223 shares of the business services provider’s stock valued at $5,289,000 after purchasing an additional 58,456 shares in the last quarter. LSV Asset Management boosted its stake in Quad/Graphics by 4.4% in the first quarter. LSV Asset Management now owns 1,238,982 shares of the business services provider’s stock valued at $8,599,000 after acquiring an additional 51,930 shares in the last quarter. Renaissance Technologies LLC boosted its stake in Quad/Graphics by 7.3% in the second quarter. Renaissance Technologies LLC now owns 995,600 shares of the business services provider’s stock valued at $2,738,000 after acquiring an additional 67,700 shares in the last quarter. Finally, Geode Capital Management LLC raised its holdings in shares of Quad/Graphics by 1.9% in the second quarter. Geode Capital Management LLC now owns 602,678 shares of the business services provider’s stock worth $2,266,000 after buying an additional 11,247 shares during the last quarter. Institutional investors own 32.43% of the company’s stock.

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.