Quad/Graphics (NYSE:QUAD) Stock Price Passes Below 50-Day Moving Average of $5.36

Shares of Quad/Graphics, Inc. (NYSE:QUAD) passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $5.36 and traded as low as $4.50. Quad/Graphics shares last traded at $4.51, with a volume of 129,869 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, TheStreet raised Quad/Graphics from a “d+” rating to a “c” rating in a research report on Wednesday, February 14th.

Quad/Graphics Stock Performance

The company has a current ratio of 0.74, a quick ratio of 0.52 and a debt-to-equity ratio of 3.08. The firm has a market capitalization of $235.78 million, a price-to-earnings ratio of -3.92 and a beta of 1.62. The company has a 50-day moving average of $5.36 and a 200-day moving average of $5.14.

Quad/Graphics (NYSE:QUAD) last posted its quarterly earnings results on Tuesday, February 20th. The business services provider reported $0.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.13 by $0.10. The business had revenue of $787.90 million for the quarter, compared to analyst estimates of $758.40 million. Quad/Graphics had a positive return on equity of 18.28% and a negative net margin of 1.87%. During the same period in the prior year, the company posted $0.41 EPS. On average, equities research analysts forecast that Quad/Graphics, Inc. will post 0.74 earnings per share for the current fiscal year.

Quad/Graphics Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 12th. Shareholders of record on Tuesday, February 27th were given a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 4.43%. The ex-dividend date was Monday, February 26th. Quad/Graphics’s dividend payout ratio is presently -17.39%.

Institutional Investors Weigh In On Quad/Graphics

Several large investors have recently added to or reduced their stakes in QUAD. JPMorgan Chase & Co. increased its position in Quad/Graphics by 56.3% in the first quarter. JPMorgan Chase & Co. now owns 125,961 shares of the business services provider’s stock worth $874,000 after buying an additional 45,347 shares during the period. Bank of New York Mellon Corp increased its position in Quad/Graphics by 7.4% in the first quarter. Bank of New York Mellon Corp now owns 95,391 shares of the business services provider’s stock worth $662,000 after buying an additional 6,573 shares during the period. American Century Companies Inc. increased its position in Quad/Graphics by 33.2% in the first quarter. American Century Companies Inc. now owns 107,017 shares of the business services provider’s stock worth $743,000 after buying an additional 26,661 shares during the period. Citigroup Inc. acquired a new stake in Quad/Graphics in the first quarter worth $619,000. Finally, LSV Asset Management grew its stake in shares of 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 worth $8,599,000 after purchasing an additional 51,930 shares in the last quarter. 39.52% of the stock is owned by institutional investors and hedge funds.

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.